$699,900

205 Somerset St Unit B308 Ocean City, MD 21842

$8,311
Closing credit¹
2 beds
2 full
1,037 sqft
$675 / sqft
Condo

Property details

About 205 Somerset St Unit B308

Welcome to coastal luxury at its finest—this stunning 3rd-floor condo in the highly coveted White Marlin Condominium & Marina is nestled at the southern tip of Ocean City, offering an unbeatable combination of style, comfort, and waterfront living. Fully renovated and newly furnished in 2023, this immaculate unit has never been used as a rental, reflecting true pride of ownership and pristine condition. Step onto your spacious waterfront balcony and take in breathtaking views of the Bay, marina, and unforgettable sunsets—a perfect backdrop for morning coffee or evening cocktails. The property conveys fully furnished, so you can move right in and start enjoying the good life. Included is deep water boat slip #5, which accommodates vessels up to 50 feet and can either be enjoyed by the new owner or rented for additional income; the marina was dredged in 2024 for smooth, stress-free navigation and offers unrestricted inlet access to the Atlantic. The association just completed over $2 million in exterior renovations, including new siding, walkways, railings, windows and doors in every unit, and updated marina decking—all special assessments have been paid in full by the current owner. You'll also enjoy two assigned parking spaces (one covered), and a prime location just a short walk to the beach, boardwalk, inlet, restaurants, pubs, and Ocean City’s festivals. This is a rare opportunity to own a turnkey, beautifully upgraded waterfront retreat with every amenity you could dream of - all in one of Ocean City’s most exclusive locations.

Highlights

Home typeCondominium
HeatingHeat Pump
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,037 sqft
Year built1987
ParkingCovered Parking, Paved Parking,Parking Space Conveys,Private,Assigned, Parking Lot,Parking Garage
MLS #MDWO2030088
Garage1 space
ViewMarina, Bay

Summary

  • Full Bathrooms: 2
  • Appliances: Washer/Dryer Stacked, Refrigerator, Microwave, Dishwasher, Disposal, Exhaust Fan, Oven, Electric Range, Stainless Steel Appliances
  • Basement: No
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank
  • Interior: Breakfast Area, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Bathroom - Stall Shower, Bathroom - Tub Shower
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Parking: Covered Parking, Paved Parking,Parking Space Conveys,Private,Assigned, Parking Lot,Parking Garage
  • View: Marina, Bay
  • Exterior: Street Lights, Sidewalks
  • Architectural Style: Coastal, Contemporary
  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $699,900
  • Price/SqFt: $674
  • Annual Tax Amount: $4,165
  • Tax Year: 2024
  • Directions: Rt. 50 Bridge, right on Philadelphia Ave., Right on Somerset St.
  • Year Built: 1987
  • Living Area: 1,037 SqFt
  • Municipality: Ocean City
  • MLS Number: MDWO2030088
  • MLS Name: BRIGHT
  • Office Name: ERA Martin Associates
  • Office Phone: (410) 749-1818
  • Office Email: joni@era.com
  • Listing Agent: Veronica Joyce James
  • Agent Phone: (301) 639-5675
  • Agent Email: veronica7742@gmail.com

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 10:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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205 Somerset St Unit B308, Ocean City, MD 21842 - drone / aerial view featuring a city view and a water view

$699,900

205 Somerset St Unit B308

$8,311

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 14, 2021
Home Sold
$350,000
Aug 11, 2020
Home Sold
$325,000

Tax history

YearAssessmentProperty Tax
2024$345,633$4,165
2023$295,500$4,165
2022$292,033$4,077
2021$288,567$4,077
2020$285,100$4,028
2019$285,100$4,055
2018$285,100$4,027
2017$309,000$4,364

History based on county public records data.

Nearby schools

10

Ocean City Elementary School

Public District PK-4

1.5 mi

12828 Center Dr

8

Berlin Intermediate School

Public District 4-6

6.6 mi

309 Franklin Ave

9

Showell Elementary School

Public District PK-3

7.0 mi

11318 Showell School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,076. The majority of Ocean City, MD residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

33%
<35k
38%
35k-100k
20%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
22%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Ocean City, MD

Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.

The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.

Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.

Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.

About 205 Somerset St Unit B308

The listing price of 205 Somerset St Unit B308 property is $699,900.

The property 205 Somerset St Unit B308 is a condo located in Ocean City, Maryland, 21842.

Active Listing: 205 Somerset St Unit B308 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 205 Somerset St Unit B308 are: Ocean City Elementary School (GreatSchools Rating 10/10), Berlin Intermediate School (GreatSchools Rating 8/10), Showell Elementary School (GreatSchools Rating 9/10), Stephen Decatur Middle School (GreatSchools Rating 10/10), Selbyville Middle School (GreatSchools Rating 5/10), Southern Delaware School of the Arts (GreatSchools Rating 8/10), Stephen Decatur High School (GreatSchools Rating 5/10), Indian River High School (GreatSchools Rating 5/10), Snow Hill High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $4,165 (source: MLS/based on county public records data).

The last sale was on April 14, 2021 for $350,000 (source: MLS/tax record).

The property at 205 Somerset St Unit B308 has 2 bedrooms and 2 bathrooms.

The property 205 Somerset St Unit B308 is 1,037 SqFt (source: MLS/tax record).

The year of construction for 205 Somerset St Unit B308 is 1987.

This home is located at 205 Somerset St Unit B308 in Ocean City, MD and zip code 21842. This 1,037 square foot home was built in 1987. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2025 and is currently priced at $699,900.

In April 2025 in Ocean City, MD there were 30.2% more homes for sale than in March. Listings spent 100 days on the market in April 2025, and had a median list price of $468,160 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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