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Off market
    • $939,100

    2 48th St Unit 202, Ocean City, MD 21842

    3beds
    1,650sqft
    Condo
    Built in 2008
    -- sqft lot
    $939,100 Zestimate®
    $569/sqft
    $2,698 Estimated rent

    Home value

    $939,100

    $864,000 - $1.02M

    $2,698/mo

    Zestimate® history
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    Owner options

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    $2,698/mo

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    $2,698/mo

    Rent Zestimate®

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    $6,367/mo

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    $6,367/mo

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    What's special

    Rare opportunity to own at The Gateway Grand in the $500's. This is the least expensive residence in the building, and it features a superb rental history ($50k+/- gross). New owner must honor existing rentals. The Gateway Grand is Ocean City's most luxurious high-rise condominium featuring indoor and outdoor pools, a private oceanfront sun terrace, fitness center, kids' club, storage lockers, on-site property management, security, and maintenance, enclosed corridors, grand lobby, and owners' lounge. Visit www.OCGatewayGrand.com. Condo fees are $693/mo.

    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
    • Forced air, Electric
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Kitchen Island, Recessed Lighting, Walk-In Closet(s), Other, Eat-in Kitchen, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Combination Dining/Living, Breakfast Area, Family Room Off Kitchen, Combination Kitchen/Dining, Combination Kitchen/Living
    • Flooring: Tile, Carpet
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,650 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Accessibility
    • Accessibility features: 36"+ wide Halls
    Features
    • Exterior features: Metal
    • Pool features: In Ground, Heated, Indoor, Community, Fenced, Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10763304
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary, Coastal
    Materials
    • Roof: Built-up
    Condition
    • New construction: No
    • Year built: 2008

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Ocean City

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $808 monthly

    Other

    Other facts
    • InteriorFeatures: Ceiling Fan(s), Kitchen Island, Recessed Lighting, Walk-In Closet(s), Other, Eat-in Kitchen, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Combination Dining/Living, Breakfast Area, Family Room Off Kitchen, Combination Kitchen/Dining, Combination Kitchen/Living
    • GarageYN: true
    • Heating: Other, Central
    • HeatingYN: true
    • CoolingYN: true
    • ArchitecturalStyle: Contemporary, Coastal
    • ConstructionMaterials: Frame, Concrete, Aluminum Siding, Metal Siding, Advanced Framing
    • StoriesTotal: 1
    • SpecialListingConditions: Standard
    • ParkingFeatures: Covered, Unassigned, Off Street, On Street, Detached Garage, Paved, Fenced, Off Site, Lighted, Parking Lot, Private, Asphalt, Handicap Parking
    • CoveredSpaces: 2
    • PoolFeatures: In Ground, Heated, Indoor, Community, Fenced, Other
    • Cooling: Central Air, Other
    • BelowGradeFinishedArea: 0
    • NumberOfUnitsInCommunity: 196
    • AccessibilityFeatures: 36"+ wide Halls
    • BuildingName: Gateway Grand
    • StructureType: Unit/Flat/Apartment
    • MlsStatus: Pending
    • TaxAnnualAmount: 8508.0

    Price history

    DateEventPrice
    10/7/2020Sold$600,000+0.2%$364/sqft
    Source: Public Record Report a problem
    9/29/2020Pending sale$599,000$363/sqft
    Source: Keller Williams Realty Delmarva #MDWO112832 Report a problem
    3/12/2020Listed for sale$599,000+1.5%$363/sqft
    Source: Keller Williams Realty Delmarva #MDWO112832 Report a problem
    12/18/2019Listing removed$589,900$358/sqft
    Source: Keller Williams Realty Delmarva #MDWO106966 Report a problem
    8/6/2019Price change$589,900-1.7%$358/sqft
    Source: Keller Williams Realty Delmarva #MDWO106966 Report a problem
    6/11/2019Listed for sale$599,900$364/sqft
    Source: Keller Williams Realty Delmarva #MDWO106966 Report a problem
    12/13/2018Listing removed$599,900$364/sqft
    Source: Condominium Realty LTD #1001564278 Report a problem
    10/4/2018Price change$599,900-7.7%$364/sqft
    Source: Condominium Realty LTD #1001564278 Report a problem
    5/1/2017Listed for sale$649,900+5.7%$394/sqft
    Source: Condominium Realty, LTD #510041 Report a problem
    10/8/2013Sold$615,000-2.4%$373/sqft
    Source: Public Record Report a problem
    8/21/2013Listed for sale$630,000+5%$382/sqft
    Source: Condominium Realty, LTD #485833 Report a problem
    7/13/2010Listing removed$599,900$364/sqft
    Source: NRT MidAtlantic #466688 Report a problem
    6/26/2010Price change$599,900-3.2%$364/sqft
    Source: NRT MidAtlantic #466688 Report a problem
    6/9/2010Listed for sale$619,900+10.7%$376/sqft
    Source: NRT MidAtlantic #466688 Report a problem
    12/17/2009Sold$559,900$339/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,487 +13.9%$838,733 +16.4%
    2024$10,084 +18.8%$720,467 +19.6%
    2023$8,489 $602,200
    2022$8,489 -0.2%$602,200
    2021$8,508 $602,200
    2020$8,508 -0.7%$602,200
    2019$8,567 +0.7%$602,200
    2018$8,507 +0%$602,200
    2017$8,503 +11.8%$602,200
    2016$7,603 $602,200
    2015$7,603 $602,200
    2014$7,603 $602,200
    2013-- $602,200
    2012-- $602,200 -5%
    2011-- $633,600
    2010-- $633,600 -25.1%
    2009-- $845,700

    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby homes

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: OCEAN CITY
    • Middle: STEPHEN DECATUR
    • High: STEPHEN DECATUR
    • District: WORCESTER COUNTY PUBLIC SCHOOLS

    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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