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Off market
  • $938,700

    2 48th St Unit 403, Ocean City, MD 21842

    3beds
    1,790sqft
    Condo
    Built in 2008
    -- sqft lot
    $938,700 Zestimate®
    $524/sqft
    $2,774 Estimated rent

    Home value

    $938,700

    $864,000 - $1.01M

    $2,774/mo

    Zestimate® history
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    Owner options

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    $2,774/mo

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    $2,774/mo

    Rent Zestimate®

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    $6,253/mo

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    $6,253/mo

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    What's special

    Meticulously maintained ocean view residence at the Gateway Grand. This unit has over $20,000 in rental bookings so far for the Summer of 2020 that must be honored. Buy now and the income is yours! You will not want to miss this beautifully furnished residence. 3D Matterport Virtual tour provided in listing for your convenience. View this space from the comfort of your own home! The popular F-Style floor plan offers an extra large kitchen/dining/living area for entertaining. Large granite island in kitchen is perfect for large gatherings or serving breakfast in the morning before heading to the beach. Plenty of closet space with two closets in the owner's suite, one in each guest bedroom, a hall closet, and a private conditioned storage unit #186 on the mezzanine level of the building. Gateway Grand offers all of the amenities you are searching for at the beach including a heated indoor pool, outdoor pool with conversation bench and waterfall, new outdoor pool furniture for 2020, fitness center, kid's club room, 3 separate owner's lounges, stunning ocean view lobby, front desk with management stationed during the day and security in the evenings, and so much more!

    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, Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave
    Features
    • Ceiling Fan(s), Window Treatments, Recessed Lighting, Walk-In Closet(s), Dining Area, Crown Molding, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Master Bath(s), Combination Dining/Living, Upgraded Countertops, Kitchen - Gourmet, Family Room Off Kitchen, Combination Kitchen/Dining, WhirlPool/HotTub, Combination Kitchen/Living, Flat, Tub Shower
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,790 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    Accessibility
    • Accessibility features: Doors - Lever Handle(s)
    Features
    • Exterior features: Other, Cement / Concrete
    • Pool features: In Ground, Indoor, Community
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10763649
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Built-up
    Condition
    • Year built: 2008

    Community & neighborhood

    Location
    • Region: Ocean City
    • Municipality: Ocean City

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $693 monthly

    Other

    Other facts
    • Appliances: Dishwasher, Refrigerator, Disposal, Built-in Microwave, Exhaust Fan, Washer, Dryer - Electric, Stainless Steel Appliance(s), Oven/Range - Electric
    • InteriorFeatures: Ceiling Fan(s), Window Treatments, Recessed Lighting, Walk-In Closet(s), Dining Area, Crown Molding, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Master Bath(s), Combination Dining/Living, Upgraded Countertops, Kitchen - Gourmet, Family Room Off Kitchen, Combination Kitchen/Dining, WhirlPool/HotTub, Combination Kitchen/Living, Flat, Tub Shower
    • GarageYN: true
    • HeatingYN: true
    • CoolingYN: true
    • ConstructionMaterials: Other, Concrete
    • StoriesTotal: 1
    • Heating: Heat Pump
    • Cooling: Heat Pump, Central Air
    • SpecialListingConditions: Standard
    • ParkingFeatures: Covered, Unassigned, Parking Garage, Secured, Lighted, Private, Electric Vehicle Charging Station(s), Handicap Parking
    • PoolFeatures: In Ground, Indoor, Community
    • BelowGradeFinishedArea: 0
    • NumberOfUnitsInCommunity: 196
    • AccessibilityFeatures: Doors - Lever Handle(s)
    • BuildingName: Gateway Grand
    • StructureType: Unit/Flat/Apartment
    • MlsStatus: Active
    • Municipality: Ocean City

    Price history

    DateEventPrice
    8/27/2020Sold$610,000-2.4%$341/sqft
    Source: Public Record Report a problem
    5/7/2020Listed for sale$625,000+0.4%$349/sqft
    Source: Keller Williams Realty Delmarva #MDWO113638 Report a problem
    12/29/2016Sold$622,500-1%$348/sqft
    Source: Agent Provided Report a problem
    11/19/2016Pending sale$629,000$351/sqft
    Source: Condominium Realty, LTD #500093 Report a problem
    11/5/2016Price change$629,000-3.2%$351/sqft
    Source: Condominium Realty, LTD #500093 Report a problem
    9/11/2016Price change$649,900-0.8%$363/sqft
    Source: Condominium Realty, LTD #500093 Report a problem
    7/29/2016Price change$655,000-3%$366/sqft
    Source: Condominium Realty, LTD #500093 Report a problem
    2/27/2016Price change$675,000-1.5%$377/sqft
    Source: Condominium Realty, LTD #500093 Report a problem
    12/1/2015Listed for sale$685,000+18.1%$383/sqft
    Source: Condominium Realty, LTD #500093 Report a problem
    6/28/2012Sold$580,000-6.4%$324/sqft
    Source: Agent Provided Report a problem
    3/3/2012Listed for sale$619,900+7.1%$346/sqft
    Source: Condominium Realty, LTD #474139 Report a problem
    6/2/2009Sold$579,000$323/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 +26.6%$602,200
    2016$6,719 $602,200
    2015$6,719 $602,200
    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-- $845,700

    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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    $938,700
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    With Zillow Showcase(estimated)
    $957,474