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$555,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,548 Sq. Ft.
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A rare find to be a part of the magic and excitement of the downtown boardwalk area, inlet, and vast open beach area. This beautiful large 1548 sf 3br/2ba unit has secured entry to the building as well as convenient access to the outdoor pool. Ceramic tiled entry leads to 2 of 3 carpeted bedrooms and tiled laundry room with full sized washer & dryer. Entering the updated kitchen area has recessed lighting, stainless steel appliances, granite counter tops and adjacent eating counter seating 4. The adjacent dining area also seats 4. The spacious carpeted living room allows for comfortable seating for 7 with 2 sofas (1 that is a sleep sofa) and an additional chair and cozy fireplace for chilly evenings. Glass sliders open to the spacious balcony. Large carpeted master bedroom has a walk-in closet and sliders accessing the large balcony. Spacious master bath features 2 sink vanity, glass enclosed shower and soaking tub. This property is a block from the boardwalk and beach, with outdoor pool, and very close to numerous restaurants and entertainment. Original owners, unit has never been rented. Rental potential in Bel Mare of $30,000. Two car assigned parking and storage locker. One year home warranty

Full Property Details for 107 Somerset St #102

General

  • Price: $555,000
  • HOA FEE: $2,525/month
  • HOA FEE FREQ.: One Time
  • Taxes: $6,360 (2025)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2034522
  • Updated: 1/1/2026
  • Added to Site: 78 day(s) ago

Interior

  • Furnished: Yes

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Additional Information

  • Shared Pool: Yes
  • Pool: Yes

Parking

  • Total Spaces: 2
  • Parking Type: Off Street

Location

  • Area: Ocean Block (82)
  • Municipality: Ocean City
  • County: WORCESTER
  • Building Name: Bel Mare
  • Driving Directions: Route 50 East into Ocean City. Right on Philadelphia to left on Somerset St, building is on the right
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools

Community

  • Association: Yes
  • Assoc. Fees Include: Pool(s), Trash, Common Area Maintenance
  • Pets Allowed: Yes
  • Pets: No Pet Restrictions

Heating & Cooling

  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Mid-Rise 5 - 8 Floors
  • Construction: Stick Built
  • Entry Floor Number: 1
  • Stories Description: Main
  • Square Feet: 1,548
  • Sq. Ft. Source: Assessor
  • Living Area: 1,548 Sq. Ft.
  • Finished Above Grnd: 1,548 Sq. Ft.
  • Year Built: 2006
  • Year Built Source: Assessor

Lot Features

  • Zoning: R2

Financial Considerations

  • Price Per Sq. Ft.: $358.53
  • Assoc Fee Freq.: One Time
  • Condo Fee: $2,525
  • Condo Fee Freq: Quarterly
  • Assessment Year: 2025
  • City/TownTax: $2,055
  • City/TownTax Freq: Annually
  • County Tax: $3,784
  • County Tax Freq: Annually
  • Tax w/Assessment: $464,333
  • Tax Amount: $6,360
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1548

Disclosures and Reports

  • Ownership: Fee Simple
  • Condo: Yes
  • Lot Number: 102

Listed by Beach Real Estate Inc, Joanna Laslo and Beach Real Estate Inc, John Widgeon II

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Listing agents

— 107 Somerset St #102 —

  • Joanna Laslo

    Beach Real Estate Inc

  • John Widgeon II

    Beach Real Estate Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 107 Somerset St #102

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-41.6 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-66.7 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-85.6 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-125.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 107 Somerset St #102 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$555,000
-1.77%
MLS
12/01/2025
Price Reduced
$565,000
-0.88%
MLS
11/01/2025
Listed
$570,000
44.3%
MLS
5/31/2013
Sold
$395,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 107 Somerset St #102

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,293
—
$492,700
31%
2023
$5,293
—
$375,500
—
2021
$5,306
—
$375,500
—
2021
$5,305
-1%
$375,500
—
2020
$5,342
1%
$375,500
—
2019
$5,304
—
$375,500
—
2018
$5,304
-1%
$375,500
—
2017
$5,331
—
$375,500
—
2016
$5,351
-12%
$375,500
-16%
2015
$6,051
—
$447,400
—
2014
$6,058
—
$447,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 107 Somerset St #102

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Beach Real Estate Inc, Joanna Laslo and Beach Real Estate Inc, John Widgeon II

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107 Somerset Street #102, Ocean City, MD 21842 (MLS# MDWO2034522) is a Condo property with 3 bedrooms and 2 full bathrooms. 107 Somerset Street #102 is currently listed for $555,000 and was received on November 01, 2025. Want to learn more about 107 Somerset Street #102? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

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