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Off market
  • $1,092,000

    2 48th St Unit 414, Ocean City, MD 21842

    3beds
    1,873sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,092,000 Zestimate®
    $583/sqft
    $2,826 Estimated rent

    Home value

    $1,092,000

    $1.00M - $1.18M

    $2,826/mo

    Zestimate® history
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    What's special

    North sideLuxurious oceanfront buildingNew furnitureOcean viewsCity lightsGateway grandLarge master suite

    Presenting Unit 414, a unique property in Ocean Citys most luxurious oceanfront building, The Gateway Grand. It boasts all the amenities and features you would expect PLUS a rare, 500+ square foot veranda sets this beauty apart from the pack! Access to the two-tiered veranda is provided by 3 different patio doors. Located on the north side of the building, its expansive views of the ocean, bay and city lights fuel world-class outdoor living (please view drone video). Enjoy ocean views, city skyline views, bay views and firework display, all from the comfort of your living room, owners suite or veranda. If entertaining family and friends at the beach is important to you, unit 414 is for you. The units interior clean, modern and bright has new furniture, decorations and blackout slider blinds. Its gourmet kitchen features top-end appliances (Sub-zero, Viking), stunning granite counter tops, a convenient drink fridge and breakfast bar. Three ample sized bedrooms (including a large master suite) plus a pull-out couch comfortably sleep eleven, and the three full baths and many closets make comfortable living a breeze. This roomy property has never been leased but would make an excellent rental property.

    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
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,873 sqft

    Property

    Details
    • Parcel number: 10763770

    Construction

    Type & style
    • Home type: Condo
    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: $583/sqft
    • Tax assessed value: $692,933
    • Annual tax amount: $9,490

    Price history

    DateEventPrice
    3/11/2022Listing removed--
    Source: RE/MAX International Report a problem
    2/21/2022Pending sale$1,499,900$801/sqft
    Source: RE/MAX International #MDWO2002430 Report a problem
    2/21/2022Contingent$1,499,900$801/sqft
    Source: Bright MLS #MDWO2002430 Report a problem
    9/15/2021Listed for sale$1,499,900+92.3%$801/sqft
    Source: Bright MLS #MDWO2002430 Report a problem
    8/5/2013Sold$780,000-4.8%$416/sqft
    Source: Public Record Report a problem
    6/13/2013Listed for sale$819,000-4.8%$437/sqft
    Source: Vantage Resort Realty #484510 Report a problem
    5/13/2012Listing removed$859,900$459/sqft
    Source: Beringson Realty #475539 Report a problem
    3/3/2012Listed for sale$859,900$459/sqft
    Source: Beringson Realty #475539 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,490 -0.8%$692,933 +1.4%
    2024$9,567 +0.7%$683,567 +1.4%
    2023$9,504 $674,200
    2022$9,504 -0.2%$674,200
    2021$9,526 $674,200
    2020$9,526 -0.7%$674,200
    2019$9,591 +0.7%$674,200
    2018$9,524 -5.2%$674,200 -5.3%
    2017$10,049 +32.2%$711,700 +1.6%
    2016$7,601 $700,467 +1.6%
    2015$7,601 $689,233 +1.7%
    2014$7,601 $678,000 +2.2%
    2013-- $663,133 +2.3%
    2012-- $648,267 +2.3%
    2011-- $633,400 -6.6%
    2010-- $678,020 -26.8%
    2009-- $925,743
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $1,092,000
    2% more
    +$21,840
    With Zillow Showcase(estimated)
    $1,113,840