205 Somerset Street #B303, OCEAN CITY, MD 21842 (MLS # MDWO2029792)

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PRICE $470,000 dsIDX morgage calculator
BEDS 1
BATHS 2
HOME SIZE 675 sqft
LOT SIZE n/a

New listing in VERY SOUGHT AFTER AND RARELY AVAILABLE, White Marlin Condominium and Marina. This condominium association has just finished total exterior renovation, including replacement elevators, new doors and windows in every unit, new pool, new exterior siding, new coated walkways, new railings, and new marina decking and bulkheading at a total cost of nearly $2,000,000.00. Owner has paid special assessment in full. This 3rd floor unit has gorgeous views of the Bay, pool, marina and the most spectacular sunsets from the large waterfront balcony. It features an electric powered awning and tinted windows. A large deep water boat slip #21 conveys with this property which can be used by the new buyer if they have a boat or it can be rented for additional income. The slip can accommodate a a 50-60ft. boat. It comes with 1 assigned covered parking space. From this downtown location you can walk to restaurants and pubs, beach, boardwalk, inlet and all of the festivals. On your boat you can enter the inlet and be in the ocean in less than 5 minutes, or tie up at Assateague Island and enjoy a picnic while watching for wild ponies, sunbathing and swimming. There is no other location in Ocean City like this unique property with all of it's amenities situated at the southernmost tip of Ocean City just a few hundred yards from the inlet leading to the Atlantic Ocean. Don't miss this opportunity. Last year the condo generated in excess of $16000.00 gross rental income with the seller holding back some weeks for their personal use. The boat slip generated an additional $8500.00 rental income.

DAYS ON MARKET 30 LAST UPDATED 4/29/2025
TRACT NONE AVAILABLE YEAR BUILT 1987
COMMUNITY Bayside Waterfront (84) GARAGE SPACES 1.0
COUNTY WORCESTER STATUS Sold
PROPERTY TYPE(S) Condo/Townhouse/Co-Op

SCHOOLS
School District WORCESTER COUNTY PUBLIC SCHOOLS


ADDITIONAL DETAILS
AIR Central Air, Electric, Heat Pump
AIR CONDITIONING Yes
AMENITIES Insurance, Maintenance Structure
APPLIANCES Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
AREA Bayside Waterfront (84)
CONSTRUCTION Concrete, Frame, Other, Stucco, Vinyl Siding
GARAGE Yes
HEAT Electric, Exhaust Fan, Heat Pump
INTERIOR High Ceilings
LOT DESCRIPTION Waterfront
LOT DIMENSIONS 0.00 x 0.00
PARKING Garage, Assigned, Covered
POOL DESCRIPTION Community
SEWER Public Sewer
STORIES 1
STYLE Traditional
SUBDIVISION NONE AVAILABLE
TAXES 3243
VIEW Yes
VIEW DESCRIPTION Water, Bay, Marina
WATER Public
WATER ACCESS Assawoman Bay
WATERFRONT Yes
WATERFRONT DESCRIPTION Bay/Harbor, Waterfront
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 205 SOMERSET STREET #B303
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Listing provided by Berkshire Hathaway HomeServices PenFed Realty - OP, sold by Keller Williams Realty Centre
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2025.