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$2,200,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 14 Beds
  • 10 Full Baths
  • 5,400 Sq. Ft.
  • Updated 5 days ago

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Saturday 2/1 10:00 AM - 1:00 PM

106 Talbot Street #101Ocean CityMD21842

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Investor Alert!! Own 10 of 14 units in this downtown condo and become your own boss. 4- 2 bedroom 1 bath units and 6 1 bed 1 bath units located just one block from the Ocean and One block from the workd famous MR Ducks and Angler Restaurants. Great cash flow as Airbnb's or continue some of the units as Year round units. Take the opportunity to utilize the City's Facade Grant ans have. a huge value add with a new front exterior remodel. This property works great for any rental opportunity including Student or summer seasonal rentals.

Full Property Details for 106 Talbot St #101

General

  • Price: $2,200,000
  • HOA FEE: $1,667/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,756 (2024)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2028078
  • Updated: 1/19/2025
  • Added to Site: 5 day(s) ago

Interior

  • Furnished: Yes

Rooms

Bathrooms

  • Total Bathrooms: 10
  • Full Bathrooms: 10
  • Main Floor Baths: 10
  • Main - Full Baths: 10

Bedrooms

  • Total Bedrooms: 14
  • Bedrooms Main & Up: 14

Additional Information

  • Shared Amenities: Common Grounds

Parking

  • Total Spaces: 1
  • Parking Type: Driveway

Location

  • Area: Bayside Interior (83)
  • Municipality: Ocean City
  • County: Worcester
  • Development Name: None Available
  • Subdivision: None Available
  • Building Name: Cavalier
  • Driving Directions: Phi;ladelpia Ave South Turn LEft on Talbot and proeprtyis on your right
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools

Community

  • Assoc. Fees Include: Common Area Maintenance, Insurance, Management, Trash
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK

Heating & Cooling

  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Wall Unit
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Bungalow
  • Architectural Style: Bungalow
  • Structure Type: Garden 1 - 4 Floors
  • Construction: Frame
  • Roof: Architectural Shingle
  • Entry Floor Number: 1
  • Stories/Levels: 0
  • Stories Description: Main
  • Square Feet: 5,400
  • Sq. Ft. Source: Estimated
  • Living Area: 5,400 Sq. Ft.
  • Year Built: 1940
  • Year Built Source: Assessor

Lot Features

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: C-1

Financial Considerations

  • Price Per Sq. Ft.: $407.41
  • Condo Fee: $20,000
  • Condo Fee Freq: Annually
  • Assessment Year: 2024
  • City/TownTax: $10,000
  • City/TownTax Freq: Annually
  • County Tax: $1,060
  • County Tax Freq: Annually
  • Tax w/Assessment: $125,433
  • Tax Amount: $1,756
  • Tax Year: 2024
  • Tax Total Finished Sq. Ft.: 728

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Lot Number: 101
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 106 Talbot St #101 —

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 106 Talbot St #101

School District:Worcester County Public Schools
RatingNameGradesDistance
10
Ocean City Elementary School
12828 Center Dr, Ocean City, MD 21842
PK-41.6 mi
5
Berlin Intermediate School
309 Franklin Ave, Berlin, MD 21811
PK-46.7 mi
10
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Rd, Berlin, MD 21811
7-85.6 mi
7
Stephen Decatur High School
9913 Seahawk Rd, Berlin, MD 21811
9-125.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 106 Talbot St #101 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/19/2025
Listed
$2,200,000
1529.63%
MLS
4/11/2019
Sold
$135,000
—
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 106 Talbot St #101

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,549
—
$109,900
—
2021
$1,553
3%
$109,900
4%
2020
$1,505
5%
$105,767
4%
2019
$1,436
4%
$101,633
4%
2018
$1,377
3%
$97,500
4%
2017
$1,336
3%
$94,100
4%
2016
$1,292
9%
$90,700
4%
2015
$1,181
—
$87,300
—
2014
$1,182
—
$87,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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

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NMLS#: 1598647

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106 Talbot Street #101, Ocean City, MD 21842 (MLS# MDWO2028078) is a Condo property with 14 bedrooms and 10 full bathrooms. 106 Talbot Street #101 is currently listed for $2,200,000 and was received on January 19, 2025. This property is listed by Shawn Kotwica from our Ocean City - 123rd Office.Want to learn more about 106 Talbot Street #101? 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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