Patterson-Schwartz Real Estate107 Somerset Street #301, Ocean City, MD 21842-4136 $695,000
Interior Sq. Ft: 1,598
Acreage: 0
Age:19 years
Style:
Unit/Flat
Mobile#: 3034
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
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.
Bedroom 2: Main
Bedroom 3: Main
Kitchen: Main
Laundry: Lower 3
Bathroom 1: Main
Bathroom 2: Main
Home Assoc: No
Condo Assoc: $2,738/Quarterly
Basement: N
Pool: Yes - Community
High School: Stephen Decatur
Features
Utilities
Heat Pump - Electric BackUp, Electric, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Sewer, 200+ Amp Service, Dryer In Unit, Washer In Unit
Garage/Parking
Attached Garage, Covered Parking, Attached Garage Spaces #: 2;
Interior
Ceramic Tile Flooring, Luxury Vinyl Plank Flooring, Main Entrance Lock
Exterior
Metal Roof, Masonry, Stick Built Exterior, Vinyl Siding
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Ocean City Elementary | Worcester County Public Schools | Preschool–4 | Ocean City | 1.62 mi |
Private (1 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| Seaside Christian Academy | Christian (no specific denomination) | Preschool–12 | Ocean City | 1.45 mi |
© 2025 LiveBy. All Rights Reserved.
This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-529-2601
Listing Courtesy of: Patterson-Schwartz-Middletown , (302) 285-5100, realinfo@psre.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 4/25/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
