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Ocean City, MD 21842,205 SOMERSET ST #B303
Ocean City, MD 21842,205 SOMERSET ST #B303
Ocean City, MD 21842,205 SOMERSET ST #B303
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$525,000
Est. payment /mo
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1 Bed
2 Baths
675 SqFt
New

205 SOMERSET ST #B303 Ocean City, MD 21842

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DeAndrea DeeDee Jones

DeAndrea DeeDee Jones

+1(703) 596-5884

UPDATED:

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

HOA Y/N N

Abv Grd Liv Area 675

Originating Board BRIGHT

Year Built 1987

Annual Tax Amount $3,243

Tax Year 2024

Lot Dimensions 0.00 x 0.00

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

Rooms

Main Level Bedrooms 1

Interior

Interior Features Bathroom - Tub Shower, Dining Area, Sprinkler System

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

Furnishings Yes

Fireplace N

Window Features Double Hung,Double Pane,Energy Efficient,Replacement,Screens

Appliance 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

Heat Source Electric

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

Accessibility Elevator, Level Entry - Main, No Stairs

Total Parking Spaces 1

Garage Y

Building

Story 1

Unit Features Garden 1 - 4 Floors

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 1

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Dry Wall

New Construction N

Schools

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Lawn Maintenance,Management,Pier/Dock Maintenance,Pool(s),Reserve Funds

Senior Community No

Tax ID 2410309441

Ownership Condominium

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

Bright MLS (BMLS)
Listed by Joyce A Melbourne Husman • Berkshire Hathaway HomeServices PenFed Realty - OP
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DeAndrea DeeDee Jones

Broker Associate | License ID: 0225077056

+1(703) 596-5884

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