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 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.
Sold for $470,000
$470,000
205 Somerset St Unit B303, Ocean City, MD 21842
1beds
675sqft
Condominium
Built in 1987
-- sqft lot
$443,200 Zestimate®
$696/sqft
$1,747 Estimated rent
Home value
$443,200
$412,000 - $474,000
$1,747/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Joyce Melbourne Husman 410-490-0948,
Berkshire Hathaway HomeServices PenFed Realty - OP
Bought with:
Mary Jo Cole, 642245
Keller Williams Realty Centre
Source: Bright MLS,MLS#: MDWO2029792
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Heat Pump, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Oven/Range - Electric, Range Hood, Refrigerator, Cooktop, Washer, Water Heater, Tankless Water Heater, Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Bathroom - Tub Shower, Dining Area, 9'+ Ceilings, Dry Wall
- Doors: Sliding Glass
- Windows: Double Hung, Double Pane Windows, Energy Efficient, Replacement, Screens
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 675
- Total interior livable area: 675 sqft
- Finished area above ground: 675
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Covered, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Entrance, No Stairs
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Has view: Yes
- View description: Bay, Marina, Water
- Has water view: Yes
- Water view: Bay,Marina,Water
- Waterfront features: Bay
- Body of water: Assawoman Bay
- Frontage length: Water Frontage Ft: 15
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410309441
- Zoning: I-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Frame, Stucco, Vinyl Siding, Other
- Roof: Metal
Condition
- Excellent
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Security: Fire Sprinkler System
- Condo and coop fee: $1,386 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Boat Dock/Slip, Common Grounds, Elevator(s), Marina/Marina Club, Picnic Area, Pier/Dock, Pool, Reserved/Assigned Parking
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds
- HOA name: White Marlin Condominium
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $696/sqft
- Tax assessed value: $231,733
- Annual tax amount: $3,243
- Date on market: 3/30/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Turtle Picture Wall Hanging
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2025 | Sold | $470,000-10.5%$696/sqft |
Source:  Bright MLS #MDWO2029792 Report a problem | ||
| 4/10/2025 | Contingent | $525,000$778/sqft |
Source: Bright MLS #MDWO2029792 Report a problem | ||
| 3/31/2025 | Listed for sale | $525,000+163.8%$778/sqft |
Source: Bright MLS #MDWO2029792 Report a problem | ||
| 9/23/2015 | Sold | $199,000$295/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,944 +21.6% | $287,967 +24.3% |
| 2024 | $3,243 +31.1% | $231,733 +32% |
| 2023 | $2,474 | $175,500 |
| 2022 | $2,474 -0.2% | $175,500 |
| 2021 | $2,480 | $175,500 |
| 2020 | $2,480 -0.7% | $175,500 |
| 2019 | $2,497 +0.7% | $175,500 |
| 2018 | $2,479 -13.6% | $175,500 -13.6% |
| 2017 | $2,868 -3.5% | $203,100 |
| 2016 | $2,973 | $203,100 |
| 2015 | $2,973 | $203,100 -2% |
| 2014 | $2,973 | $207,200 |
| 2013 | -- | $207,200 |
| 2012 | -- | $207,200 -16.4% |
| 2011 | -- | $247,720 |
| 2010 | -- | $247,720 |
| 2009 | -- | $247,720 -18.1% |
| 2008 | -- | $302,400 +21% |
| 2007 | -- | $249,972 +26.5% |
| 2006 | -- | $197,546 +36.1% |
| 2005 | -- | $145,120 +13% |
| 2004 | -- | $128,412 +15% |
| 2003 | -- | $111,706 +1.6% |
| 2002 | -- | $110,000 |
| 2001 | -- | $110,000 |
Find assessor info on the county website
Neighborhood: Boardwalk/Inlet
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- $74,200-- bd1 ba552 sqft212 Wicomico St, Ocean City, MD 21842Off Market
- $600,0002 bd2 ba1k sqft205 Somerset St UNIT B308, Ocean City, MD 21842Sold
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- $496,5001 bd2 ba675 sqft205 Somerset St #403B, Ocean City, MD 21842For Sale
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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.
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- Maryland
- Worcester County
- Ocean City
- 21842
- Boardwalk/Inlet
- 205 Somerset St Unit B303
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