Your luxury ocean front penthouse in the exceptional Gateway Grand residence awaits. This unit boasts one of a kind views for miles with 250 feet of pristine beach front property at your fingertips. Exquisite primary suite features spa bathroom with double vanity, marble finishes, soaking tub, and separate standing shower. Second suite also features private bath and third bedroom features additional full detached bath, you will never wait nor want in this condo. Gourmet kitchen features like new appliances, custom lighting, and granite countertops. You will love the light airy open layout with towering ceilings. Icing on the cake is your private balcony for morning coffee or evening cocktails with ocean views for as far as the eye can see. Outside the walls of your private escape you will enjoy the endless amities that come with life at the Gateway Grand. Take advantage of the club lounge, private terrace, catering kitchen, indoor and outdoor pools, fitness center and more. Two parking spot and storage units convey. You do not want to miss this show stopping opportunity.
Sold for $1,400,000
$1,400,000
2 48th St Unit 1708, Ocean City, MD 21842
3beds
1,650sqft
Condominium
Built in 2008
-- sqft lot
$1,510,700 Zestimate®
$848/sqft
$2,698 Estimated rent
Home value
$1,510,700
$1.40M - $1.63M
$2,698/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Meighan Sweeney 410-279-0087,
Cummings & Co. Realtors
Bought with:
Carol Proctor, RS-0023288
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: MDWO2018312
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,650
- Total interior livable area: 1,650 sqft
- Finished area above ground: 1,650
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered, Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410765404
- Zoning: R8
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Asphalt
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $921 monthly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Fitness Center, Meeting Room, Indoor Pool
- Services included: Health Club, Parking Fee, Pool(s), Recreation Facility, Common Area Maintenance
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $848/sqft
- Tax assessed value: $975,000
- Annual tax amount: $13,744
- Date on market: 2/1/2024
- Listing agreement: Exclusive Right To Sell
- Inclusions: See Inventory Addendum-fully Furnished
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $1,400,000$848/sqft |
Source:  Bright MLS #MDWO2018312 Report a problem | ||
| 4/18/2024 | Pending sale | $1,400,000$848/sqft |
Source: Bright MLS #MDWO2018312 Report a problem | ||
| 4/4/2024 | Price change | $1,400,000-6.7%$848/sqft |
Source: Bright MLS #MDWO2018312 Report a problem | ||
| 2/1/2024 | Listed for sale | $1,500,000+25%$909/sqft |
Source: Bright MLS #MDWO2018312 Report a problem | ||
| 5/9/2017 | Sold | $1,200,000+0%$727/sqft |
Source: Public Record Report a problem | ||
| 5/4/2017 | Pending sale | $1,199,900$727/sqft |
Source: Condominium Realty, LTD #509970 Report a problem | ||
| 4/27/2017 | Price change | $1,199,900+14.3%$727/sqft |
Source: Condominium Realty, LTD #509970 Report a problem | ||
| 9/2/2013 | Listed for sale | $1,050,000$636/sqft |
Source: Condominium Realty, LTD #486092 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,449 +5% | $1,128,000 +7.3% |
| 2024 | $14,717 +7.1% | $1,051,500 +7.8% |
| 2023 | $13,744 | $975,000 |
| 2022 | $13,744 -0.2% | $975,000 |
| 2021 | $13,776 -11.1% | $975,000 -11.1% |
| 2020 | $15,502 +9.2% | $1,097,200 |
| 2019 | $14,199 +11.8% | $1,097,200 +22% |
| 2018 | $12,699 +12.4% | $899,000 +12.4% |
| 2017 | $11,295 +32.1% | $799,900 +3.2% |
| 2016 | $8,552 | $775,267 +3.3% |
| 2015 | $8,552 | $750,633 +3.4% |
| 2014 | $8,552 | $726,000 +0.6% |
| 2013 | -- | $721,567 +0.6% |
| 2012 | -- | $717,133 +0.6% |
| 2011 | -- | $712,700 0% |
| 2010 | -- | $712,800 -24.3% |
| 2009 | -- | $941,500 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 2.8 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 7.2 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 7 mi
Schools provided by the listing agent
- District: Worcester County Public Schools
Source: Bright 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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- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 2 48th St Unit 1708
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