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Off market
    • $1,016,500

    2 48th St #905, Ocean City, MD 21842

    3beds
    1,650sqft
    Apartment
    Built in 2008
    -- sqft lot
    $1,016,500 Zestimate®
    $616/sqft
    $2,698 Estimated rent

    Home value

    $1,016,500

    $945,000 - $1.10M

    $2,698/mo

    Zestimate® history
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    $2,698/mo

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    Rent Zestimate®

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    $6,714/mo

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    $6,714/mo

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    What's special

    Welcome to the prestigious and highly desirable Gateway Grand. Located on the ninth floor, this elegantly furnished 3 bedroom 3 bath fully furnished condo comes complete with a gourmet kitchen, granite counter tops, stainless steel appliances, custom window treatments, walk in closets and spectacular ocean views from the master bedroom and living room. Enjoy views of both the ocean and the bay from your private balcony. Featuring a private beach locker located on the mezzanine floor of the building. The Gateway Grand offers a heated indoor pool, heated outdoor pool , fitness center, private sundeck, grand lobby, on-site management & conceirge, security, kid's club, owners lounge, gated parking and much more. Enjoy luxury beach living at the Gateway Grand.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat pump
    Appliances
    • Included: Dishwasher, Dryer, Microwave
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,650 sqft

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10764394

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • Year built: 2008

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $693 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $616/sqft
    • Tax assessed value: $896,500
    • Annual tax amount: $12,278

    Price history

    DateEventPrice
    3/5/2021Sold$750,000-2.5%$455/sqft
    Source: Public Record Report a problem
    1/29/2021Pending sale$769,000$466/sqft
    Source: Bright MLS #MDWO119772 Report a problem
    1/27/2021Listed for sale$769,000+2.5%$466/sqft
    Source: Bright MLS #MDWO119772 Report a problem
    1/1/2021Listing removed$750,000$455/sqft
    Source: Long and Foster Real Estate #MDWO105302 Report a problem
    7/11/2020Price change$750,000-3.7%$455/sqft
    Source: Long and Foster Real Estate #MDWO105302 Report a problem
    5/1/2020Listed for sale$779,000$472/sqft
    Source: Northrop Realty, A Long & Foster Company #MDWO105302 Report a problem
    3/19/2020Listing removed$779,000$472/sqft
    Source: Long and Foster Real Estate #MDWO105302 Report a problem
    6/22/2019Price change$779,000-2.6%$472/sqft
    Source: LONG AND FOSTER - OC #MDWO105302 Report a problem
    4/12/2019Listed for sale$800,000+0.1%$485/sqft
    Source: Long & Foster - OC #MDWO105302 Report a problem
    6/13/2013Listing removed$799,000$484/sqft
    Source: Condominium Realty, LTD #473563 Report a problem
    1/19/2013Listed for sale$799,000$484/sqft
    Source: Condominium Realty, LTD #473563 Report a problem
    11/4/2012Listing removed$799,000$484/sqft
    Source: Condominium Realty, LTD #473563 Report a problem
    3/3/2012Listed for sale$799,000$484/sqft
    Source: Condominium Realty, LTD #473563 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,278 +13.9%$896,500 +16.4%
    2024$10,777 +18.8%$770,000 +19.7%
    2023$9,071 $643,500
    2022$9,071 -0.2%$643,500
    2021$9,092 $643,500
    2020$9,092 -0.7%$643,500
    2019$9,154 +0.7%$643,500
    2018$9,090 +0%$643,500
    2017$9,086 +35.2%$643,500 +2.2%
    2016$6,719 $629,733 +2.2%
    2015$6,719 $615,967 +2.3%
    2014$6,719 $602,200 +2.4%
    2013-- $588,100 +2.5%
    2012-- $574,000 +2.5%
    2011-- $559,900 -11.6%
    2010-- $633,600 -25.1%
    2009-- $846,250
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: OCEAN CITY
    • Middle: STEPHEN DECATUR
    • High: STEPHEN DECATUR

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $1,016,500
    2% more
    +$20,330
    With Zillow Showcase(estimated)
    $1,036,830

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