300 Somerset St #A401

Ocean City, MD 21842 View Map $650,000 Schedule a Tour
Beds3
Baths2
Sq.Ft.1,338
Year1987
Deeley Chester

Deeley Chester

(443) 235-1375

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Status: Pending
Listing Office:Berkshire Hathaway Homeservice Penfed Realty - Woc
Property Type:Penthouse Unit/Flat
MLS ® #:MDWO2002436
Sq. Feet:1,338
On Site:38 Days
County:Worcester
Monthly HOA:$716
This is the one you’ve been waiting for! This property is truly special and quite the rare find! This 3 bedroom 2 bathroom penthouse located on the open bay is in absolute pristine condition with panoramic water views. Unit conveys with a 40 foot protected, deeded boat slip located inside the marina basin (slip #3) Marina is located on the south side of the Rt. 50 drawbridge. Expansive, panoramic views of the open bay, marina, Ocean City Inlet, Assateague Island, West Ocean City, and the Rt. 50 bridge from every room. Unbelievably huge private wrap around south and west facing balcony.   Brand new windows and doors throughout the unit, new siding, roof and secure elevator, recently installed in the building. Unit offers complete privacy because it’s the only unit on the 4th floor of the building. Community amenities include: marina, outdoor pool, waterfront gazebo, picinic, seating/relaxing, and dog walking areas. Slip owners pay a $1,200 per year marina fee due in two $600 semi-annual installments. Special assessment payments are paid quarterly through the last quarter of 2024. When nothing but the best will do this is absolutely the property for you! Be sure to click on the video icon to see the incredible views.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:300 Somerset St #A401 Ocean City, MD 21842
Area:Bayside Waterfront (84)
County:Worcester
Subdivision:Non Development
Zip Code:21842
Building:White Marlin

School Information

High School:STEPHEN DECATUR
Middle School:STEPHEN DECATUR
Elementary School:OCEAN CITY

Architecture

Unit Number:#A401
Bedrooms: 3
Bathrooms: 2
Year Built:1987
Stories:1
Style:Traditional
Construction: Block, Masonry, Stick Built

Features / Amenities

Flooring: Carpet, Ceramic Tile
Main Level Bedrooms: 3
Entry Level: 4
Dock: Single Slip
Sub Structure Types: Above Grade, Below Grade
Garage: Covered Parking
Garage Spaces: 1
Cooling: Central A/C
Cooling Fuel: Electric
Heating: Central
Heating Fuel: Electric
Hot Water: Electric

Square Footage

Finished Sq. Ft.
Above Grade 1338
Below Grade 0
Total 1338

Property Features

Lot Dimensions:0.00 x 0.00
Location: Bayfront
Parking: Assigned
Parking Included In List Price: No
Assigned Parking Spaces: 2
Assigned Parking Space Number(s): 2 plus
Off Street Parking - # of Spaces: 1
TV/Cable/Com: Cable TV
Sewer: Public Sewer
Water: Public
Transportation: Airport less than 10 miles, Bus Stop less than 1 mile
Municipality: Ocean City
Zoning:I-1
Directions:South on Philadelphia, Right on Somerset, Building right side down by the bay

Tax and Financial Info

Total Taxes: $5,483 (paid Annually)
Tax Year: 2021
Ownership Type: Condominium
Homeowners' Assoc.: No
City Tax Rate: $1,770.00 (Annually)
County Tax Rate: $3,279.00 (Annually)
Condo Coop Fee: $2,147.00 (Quarterly)
Acceptable Financing: Cash, Conventional, Exchange

Schools

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300 Somerset St #A401 Ocean City, MD 21842
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300 Somerset St #A401 Ocean City, MD 21842
 
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Listing Information Last Updated 10/24/2021
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