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Image 1 - 107 Somerset St Unit 301, Ocean City, Maryland, 21842 - Condo for sale

Image 2 - 107 Somerset St Unit 301, Ocean City, Maryland, 21842 - Condo for sale

Image 3 - 107 Somerset St Unit 301, Ocean City, Maryland, 21842 - Condo for sale

Image 4 - 107 Somerset St Unit 301, Ocean City, Maryland, 21842 - Condo for sale

Image 5 - 107 Somerset St Unit 301, Ocean City, Maryland, 21842 - Condo for sale

Image 6 - 107 Somerset St Unit 301, Ocean City, Maryland, 21842 - Condo for sale

Image 7 - 107 Somerset St Unit 301, Ocean City, Maryland, 21842 - Condo for sale

Image 8 - 107 Somerset St Unit 301, Ocean City, Maryland, 21842 - Condo for sale

Condo For Sale In Ocean City, Maryland

107 Somerset St Unit 301, Ocean City, Maryland, 21842

Condo For Sale In Ocean City, Maryland

condo for sale

Listed: 05/13/24

107 Somerset St Unit 301, Ocean City, Maryland, 21842

3 Bed:

2 Bath:

1,598 Sq Ft Living Area:

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Price

$ 725,000

Price: Average

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About This Condo

This stunning 3 bedroom condo is convenietly located to the boardwalk and many restaraunts downtown. Inside the unit you will enjoy views from all four balaconies of the bay, the ocean and the Ocean City Ferris Wheel. A gas fireplace for those chili fall evenings. The condo has tile in the bathrooms and newly in stalled LVP flooring in all the bedrooms, kitchen and living room. The unit has been freshly painted along with all new lighting, Blinds and Living room Furniture, it includes a full services kitchen that opens into the living area for the open floor concept keeping everyone together. Two parking spaces under the building and a pool. The current owners rent through Beachrealesate.com

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Original listing

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Ocean City Housing & Living

Average sale prices for condos

1 bed

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$703,098 (+8.3%)
May 2024	$649,314 (-0.8%)
Apr 2024	$654,798 (0%)
Mar 2024	$654,798 (0%)
Feb 2024	$654,798 (0%)
Jan 2024	$654,798 (0%)

In June 2024, the asking price for 3 bed condos for sale in/near Ocean City, United States averaged $703,098, an increase of 8.3% from the previous month.

Median price trends for properties for sale in Ocean City, United States as of June 2024.

Household Income

Median household income: $54,659

Number of households: 3,412

The average household income in Ocean City, MD grew from $53,288 to $54,659 in the past year. This data is an estimate based upon 3,412 households in Ocean City, MD.
The chart below presents how household income is distributed in Ocean City, MD in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ocean City, MD compared to median property taxes around the country. The prevalent amount of property taxes in Ocean City, MD equals $3k+ , which is more than the national average.