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OCEAN CITY Real Estate
Property For Sale


206 SOMERSET
OCEAN CITY Delaware


0 Bedrooms, 0 Bathrooms
Five Or More Units
Price: $949,000.00

Welcome to your next opportunity in the Ocean City, MD opportunity zone at the Somerset Harbor property boosting 55 land use options with this DMX zoned land and units. The existing 3 buildings features 2x two bedroom, 1 bathroom units making up 6 units, and confirms with 6 units redevelopment options set to improve the area. Currently, 3 units are rented as a AirBnb vacation rental and 3 as employee/student summer housing. Each unit has been moderately updated, and is already income producing. DMX zoning allows for 55 land use redevelopment options such as a new condo building, single family home(s), hotel/motel, commercial, mixed-use, retail stores, the list goes on.... Inquire for Land-Use Resources.


Bedrooms: 0
Full Baths: 0
Half Baths: 0
Waterfront:
Waterview: Bay,City,Harbor,Marina,Scenic Vista,Street View
Lot Dimensions: 100.00 x 50.00
Acreage: 0.11
Dwelling Sq Ft: 5840.00
Dock:
Garage: Parking Lot,On Street
Flooring:
Heating: None
Cooling: Window Unit(s)


Appliances:
Interior Features:
Exterior Features:
HOA/Condo Ammenities:
County Taxes: $311
City Taxes: $168
Water Fee: $0
Sewer Fee:
$0
Association Fee: $0
Condo Fee: $0
Trash Fee: $0
Ground Rent: $0

Courtesy of: Coldwell Banker Realty
Listing Status: Active



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All Listings data based on information from Sussex County Association of REALTORS®, which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all its faults. Data maintained by Sussex County Association of REALTORS® may not reflect all real estate activity in the market. CROWLEY ASSOCIALTES REALTY, INC. is a Real Estate licensee in the State of Delaware License Number: SCAOR: #SCAOR07031

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