$650,000
COMING SOON SEP 01, 2025

107 Somerset St Unit 204 Ocean City, MD 21842

Estimated payment $5,062/month

Total Views 503
3 Beds
2 Baths
1,598 Sq Ft
$958/mo HOA Fee

Highlights

  • Popular Property
  • Open Floorplan
  • Community Pool
  • Ocean City Elementary School Rated A
  • Furnished
  • 3-minute walk to Sunset Park

About This Home

Highly sought after and rarely offered Bel Mare condo. It has 3 bedrooms 2 huge baths in pristine condition. This former model is luxuriously and professionally furnished. All three bedrooms have their own private balcony plus there is also a balcony off the living room. Master bedroom bath has jetted tub and separate walk-in shower. Living room has flat screen TV over beautiful gas fireplace and all 3 bedrooms also have flat screen TV's. There is a large walk-in laundry room with full size side by side washer and dryer. This a fantastic location and is 1 block to boardwalk and beach, and walk to restaurants, shops, pubs, inlet, and bayside water sports. Park your car in one of two covered parking spaces when you arrive and you will never need to move it. This second floor unit accessible by elevator overlooks pool. Watch the 4th of July fireworks from one of your balconies. Each unit has separate storage space in garage. Buy this condo for your family's personal use or as an investment with this year's gross rental income of $35,000 with Sept/Oct Owner blocked. Last year was $40K. Hurry, this gorgeous condo won't last! Turn key operation.

Listing Agent

Joyce Melbourne Husman

Berkshire Hathaway HomeServices PenFed Realty - OP License #39515 Listed on: 08/17/2025

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 2006

HOA Fees

  • $958 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,598 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Fireplace With Glass Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Accessible Elevator Installed
  • Multiple Balconies
  • Property is in excellent condition
  • Flood Risk

Listing and Financial Details

  • Coming Soon on 9/1/25
  • Assessor Parcel Number 2410750695

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, management, pool(s), reserve funds
  • 13 Units
  • Low-Rise Condominium
  • Mann Properties Condos
  • Bel Mare Community
  • Property Manager

Amenities

  • 1 Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,748

Year Built

Built in 2006

Lot Details

0

HOA Fees

$958 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Furnished (former model)
  • New Construction: No
  • Story List: Main
  • Expected On Market: 9/1/2025 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Remarks Public: Highly sought after and rarely offered Bel Mare condo. It has 3 bedrooms 2 huge baths in pristine condition. This former model is luxuriously and professionally furnished. All three bedrooms have their own private balcony plus there is also a balcony off the living room. Master bedroom bath has jetted tub and separate walk-in shower. Living room has flat screen TV over beautiful gas fireplace and all 3 bedrooms also have flat screen TV's. There is a large walk-in laundry room with full size side by side washer and dryer. This a fantastic location and is 1 block to boardwalk and beach, and walk to restaurants, shops, pubs, inlet, and bayside water sports. Park your car in one of two covered parking spaces when you arrive and you will never need to move it. This second floor unit accessible by elevator overlooks pool. Watch the 4th of July fireworks from one of your balconies. Each unit has separate storage space in garage. Buy this condo for your family's personal use or as an investment with this year's gross rental income of $35,000 with Sept/Oct Owner blocked. Last year was $40K. Hurry, this gorgeous condo won't last! Turn key operation.
  • Washer Dryer Hookups YN: Yes
  • Special Features: ComingSoon
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Flat, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1598
  • Living Area Sq Ft: 1598
  • Price Per Sq Ft: 406.76
  • Above Grade Finished Sq Ft: 1598
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 107

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Vinyl Siding
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2875.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Mann Properties
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Pool - Outdoor, Storage Bin
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Total Actual Rent: 35000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6748.02
  • Assessor Parcel Number: 2410750695
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,057 $492,700 $0 $0
2024 $6,057 $434,100 $0 $0
2023 $5,277 $375,500 $187,700 $187,800
2022 $5,277 $375,500 $187,700 $187,800
2021 $5,306 $375,500 $187,700 $187,800
2020 $5,326 $375,500 $187,700 $187,800
2019 $5,342 $375,500 $187,700 $187,800
2018 $5,289 $375,500 $187,700 $187,800
2017 $5,331 $375,500 $0 $0
2016 -- $375,500 $0 $0
2015 $5,945 $375,500 $0 $0
2014 $5,945 $447,400 $0 $0
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $291,375 New Conventional
Closed $308,000 Purchase Money Mortgage
Source: Public Records

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See All Homes in Ocean City

Source: Bright MLS

MLS Number: MDWO2032680

Bright MLS

APN: 10-750695

Maryland Worcester County Ocean City 21842

107 Somerset St Unit 204, Ocean City, MD

This home is located at 107 Somerset St Unit 204, Ocean City, MD 21842 and is currently priced at $650,000, approximately $406 per square foot. This property was built in 2006. 107 Somerset St Unit 204 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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Nearby Homes
Joyce Melbourne Husman
Listing Agent
Joyce Melbourne Husman
Section Image
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 584-3196