Bayfront Residential Income
New
For Sale
$750,000
205 SOMERSET ST #311B, Ocean City, MD 21842
OCEAN CITY, MD
Property SizeContact for details
Days on Market3
Property Features for 205 SOMERSET ST #311B
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 1
Subdivision
NONE AVAILABLE
Elementary school district
WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district
WORCESTER COUNTY PUBLIC SCHOOLS
High school district
WORCESTER COUNTY PUBLIC SCHOOLS
Standard status
Active
Amenities
private balconies
updated kitchen
flat-screen TVs
outdoor swimming pool
sun deck
docks and piers
replacement doors and windows
owner's storage closet
Building Details
Year built
1987
Listing Agency:
Ocean City MD
(410) 524-1700
Listed By:
Nicholas B Preziosi
(888) 536-0216
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 11 at 10:06PM
MLS# MDWO2041956
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1987, this bayfront condominium has three bedrooms and two private balconies with views of the bay, the Route 50 drawbridge, and the West Ocean City skyline. The kitchen has stainless-steel appliances and ample counter space. The building’s shared amenities include an outdoor pool, sun deck, docks, and piers; building improvements also include a new elevator and replacement doors and windows.
The property is two blocks from the Ocean City Boardwalk and beach. Restaurants and entertainment are also nearby. Two dedicated parking spaces are included: one in a gated area and another in a protected area beside the building. An owner’s storage closet provides additional storage.
The property is two blocks from the Ocean City Boardwalk and beach. Restaurants and entertainment are also nearby. Two dedicated parking spaces are included: one in a gated area and another in a protected area beside the building. An owner’s storage closet provides additional storage.
Key Highlights
- Three‑bedroom bayfront condominium with two private balconies
- Views include the bay, Route 50 drawbridge, and West Ocean City skyline
- Shared outdoor pool, sun deck, docks, and piers
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
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Business Placement
Demographics for 21842, MD
11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The three-bedroom condominium has two balconies, an updated kitchen, and access to a shared pool, sun deck, and docks.
Where is this residential income property located?
The property is located at 205 SOMERSET ST #311B Ocean City, MD.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑bedroom bayfront condominium with two private balconies; Views include the bay, Route 50 drawbridge, and West Ocean City skyline; Shared outdoor pool, sun deck, docks, and piers
