MOTIVATED SELLER! 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.
For sale
Price cut: $24K (12/15)
$565,000
107 Somerset St UNIT 204, Ocean City, MD 21842
3beds
1,598sqft
Est.:
Condominium
Built in 2006
-- sqft lot
$-- Zestimate®
$354/sqft
$958/mo HOA
What's special
Gas fireplacePristine conditionPrivate balconyWalk-in laundry roomFlat screen tvJetted tub
- 115 days |
- 616 |
- 17 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 02:25am
Listed by:
Joyce Melbourne Husman 410-490-0948,
Berkshire Hathaway HomeServices PenFed Realty - OP 4102083500
Source: Bright MLS,MLS#: MDWO2032680
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Ceiling Fan(s), Flat, Open Floorplan
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Glass Doors
Interior area
- Total structure area: 1,598
- Total interior livable area: 1,598 sqft
- Finished area above ground: 1,598
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410750695
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Vinyl Siding
- Roof: Metal
Condition
- Excellent
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Elevator(s), Storage, Pool, Storage Bin
- Services included: All Ground Fee, Common Area Maintenance, Maintenance Structure, Insurance, Management, Pool(s), Reserve Funds
- HOA name: Mann Properties
- Condo and coop fee: $2,875 quarterly
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $375,500
- Annual tax amount: $6,748
- Date on market: 8/31/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Furnished (former Model)
- Ownership: Condominium
- Total actual rent: 35000
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Price change | $565,000-4.1%$354/sqft |
Source:  Bright MLS #MDWO2032680 Report a problem | ||
| 11/10/2025 | Price change | $589,000-5.7%$369/sqft |
Source: Bright MLS #MDWO2032680 Report a problem | ||
| 10/30/2025 | Price change | $624,900-3.9%$391/sqft |
Source: Bright MLS #MDWO2032680 Report a problem | ||
| 9/1/2025 | Listed for sale | $650,000+8.5%$407/sqft |
Source: Bright MLS #MDWO2032680 Report a problem | ||
| 9/6/2022 | Listing removed | $599,000$375/sqft |
Source: Bright MLS #MDWO2006734 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,748 +11.1% | $492,700 +13.5% |
| 2024 | $6,076 +14.8% | $434,100 +15.6% |
| 2023 | $5,293 | $375,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,241/mo
Principal & interest
$2727
HOA Fees
$958
Other costs
$556
Climate risks
Neighborhood: Boardwalk/Inlet
Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 1.6 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 5.6 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 5.6 mi
Schools provided by the listing agent
- District: Worcester County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
