205 SOMERSET ST #B303 new to site Save Request In-Person Tour Request Virtual Tour
Ocean City,MD 21842
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 675 sqft
Price per Sqft $777
Subdivision None Available
MLS Listing ID MDWO2029792
Style Traditional
Bedrooms 1
Full Baths 1
Half Baths 1
Condo Fees $1,385/qua
Year Built 1987
Annual Tax Amount $3,243
Tax Year 2024
Property Sub-Type Condo/Co-op
Property Description
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 deeded 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.
Location
State MD
County Worcester
Area Bayside Waterfront (84)
Zoning I-1
Interior
Hot Water Tankless,Electric
Heating Heat Pump(s)
Cooling Central A/C,Heat Pump(s)
Equipment Built-In Microwave,Dishwasher,Disposal,Dryer,Dryer - Electric,Exhaust Fan,Icemaker,Oven/Range - Electric,Range Hood,Refrigerator,Stove,Washer,Water Heater - High-Efficiency,Water Heater - Tankless
Laundry Washer In Unit,Dryer In Unit
Exterior
Parking Features Covered Parking
Garage Spaces 1.0
Amenities Available Boat Dock/Slip,Common Grounds,Elevator,Marina/Marina Club,Picnic Area,Pier/Dock,Pool - Outdoor,Reserved/Assigned Parking,Swimming Pool
Water Access Y
View Bay,Marina,Water
Roof Type Metal
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type 9'+ Ceilings,Dry Wall
New Construction N
Schools
School District Worcester County Public Schools
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard
Pets Allowed No Pet Restrictions