107 Somerset Street Unit 301
Ocean City, MD 21842
- 3 beds
- 2 baths
- 1,598 sqft
- $434 per sqft
- 2006 build
Welcome to this stunning 3-bedroom, 2-bathroom one story condo unit located in the desirable Ocean City, MD in walking distance to the boardwalk. This meticulously maintained and exceptionally updated property offers ample space and comfort as well as for you and your guests. As you enter, there is a mud room/laundry for conveniently dropping your beach items and then as you continue down the hallway you are greeted by a spacious living area flooded with natural light, perfect for relaxing or entertaining guests equipped with a frieplace when the weather isn't beach weather. The modern kitchen features sleek appliances, plenty of counter space, and a breakfast bar for casual dining. The three well-appointed bedrooms provide privacy and tranquility all with their own balconies, while the two full bathrooms offer convenience and functionality. Recently freshly painted, tile floors in the bathrooms and luxury vinyl plan sprwaling through the living room, kitchen and bedrooms. One of the highlights of this property is the community pool, perfect for enjoying those warm summer days and creating lasting memories with family and friends. Conveniently located in Ocean City, MD, this home offers easy access to the beach, restaurants, shopping, and entertainment options. 2 parking spaces included at street level. Elevator offered for conveincve of getting to this premium 3rd floor condo. Don't miss the opportunity to make this beautiful property your own and experience coastal living at its finest. Offset your cost of ownership with solid rental boookings already confirmed with a gross income just over $30,000! Schedule your showing today! Unit is booked from 6/28-9/14 with the exception of 2 weeks in August.
Last checked:
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Last updated Apr 25, 2025
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MLS# MDWO2030398 —
The Building
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Year Built:2006
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Year Built Source:Estimated
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Roof:Metal
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New Construction:No
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Construction Materials:Masonry, Stick Built, Vinyl Siding
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Building Name:Bel Mare
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Unit Building Type:Garden 1 - 4 Floors
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Structure Type:Unit/Flat/Apartment
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Historic:No
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Architectural Style:Unit/Flat
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Levels:3
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Elevators:1
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Entry Floor Number:3
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Security Features:Main Entrance Lock
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Accessibility Features:None
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Basement:No
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Unit Number:301
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1598
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
Interior
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Room List:Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bathroom 1, Bathroom 2
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Floors In Unit:1
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Flooring Type:Ceramic Tile, Luxury Vinyl Plank
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Fireplace:No
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Living Area SqFt Source:Assessor
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Living Area Units:Square Feet
Room Dimensions
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Total SqFt:1598
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Living Area SqFt:1,598 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Negotiable
Location
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Directions:Coastal Hwy to Left on Somerset. Building is on the right.
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Latitude:38.32930100
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Longitude:-75.08803200
The Property
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Property Type:Residential
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Source:Estimated
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Lot Size Dimensions:0.00 x 0.00
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Lot SqFt:0 Sqft
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Zoning:R2
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U
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Land Lease:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 753-8124
- Office phone:
- (302) 285-5100
Taxes
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Tax ID Number:2410750709
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Tax Year:2025
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Tax Lot:301
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Tax Annual Amount:$6,076
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Tax Assessed Value:$492,700
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County Tax:3668.00
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City/Town Tax:1921.00
Beds
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Bedrooms:3
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Bedrooms Main Level:3
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2.00
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Main Level Full Baths:2
The Listing
Heating & Cooling
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Cooling Type:Heat Pump(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump - Electric BackUp
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric
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Water Source:Public
Appliances
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Laundry Type:Dryer In Unit, Washer In Unit
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Washer/Dryer/Hook Up in Unit:Yes
Schools
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High School:STEPHEN DECATUR
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School District Name:Worcester County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:Yes - Community
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Spa:No
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Beauty Salon, Elevator, Pool - Outdoor
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Condo/Coop Fee:$2,738
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Condo/Coop Fee Frequency:Quarterly
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Condo/Coop Name:Mann Properties
Parking
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Total Garage and Parking Spaces:2
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Garage:Yes
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Garage Features:Covered Parking
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Garage Spaces:2.00
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Type of Parking:Attached Garage
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# of Attached Garage Spaces:2
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$695,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,721
|
Taxes | $506 |
Insurance | $191 |
HOA fees | $913 |
Utilities | $139 See report |
Total | $5,470/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/25/25
Apr 25, 2025
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Listed / Active | BRIGHT | $695,000 |