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Off market
  • $1,789,700

    2 48th St Unit 506, Ocean City, MD 21842

    4beds
    2,218sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,789,700 Zestimate®
    $807/sqft
    $3,169 Estimated rent

    Home value

    $1,789,700

    $1.63M - $1.95M

    $3,169/mo

    Zestimate® history
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    $3,169/mo

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    $9,680/mo

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    $9,680/mo

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    What's special

    Kick back and relax in this premium floor oceanfront south-end corner residence located in Ocean City's most luxurious oceanfront building. Tasteful, elegant coastal decor highlights this spacious four-bedroom residence. Featuring oversized tile flooring, a large wrap around balcony, smart-home automation, marble master bathroom, custom closet organizers, a private master-bedroom balcony and so much more. One of the nicest residences in the building, this is a MUST SEE. The Gateway Grand features indoor and outdoor pools, fitness center, private sundeck, deeded storage lockers, kids club, on-site management and more. Call the listing agent for more information.

    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: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Electric
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave
    Features
    • Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Entry Level Bedroom, Master Bath(s), Combination Dining/Living, Breakfast Area, Kitchen - Gourmet, Family Room Off Kitchen, Combination Kitchen/Dining, Combination Kitchen/Living
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,218 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached
    Accessibility
    • Accessibility features: 32"+ wide Doors
    Features
    • Exterior features: Cement / Concrete, Metal
    • Pool features: In Ground, Indoor, Community
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10763835
    • Special conditions: Standard

    Construction

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

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $980 monthly
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $807/sqft
    • Tax assessed value: $1,373,933
    • Annual tax amount: $18,817

    Price history

    DateEventPrice
    9/3/2020Sold$1,250,000-3.8%$564/sqft
    Source: Public Record Report a problem
    6/25/2020Price change$1,299,900-3.7%$586/sqft
    Source: Keller Williams Realty Delmarva #MDWO108654 Report a problem
    8/30/2019Listed for sale$1,349,900-5.3%$609/sqft
    Source: Keller Williams Realty Delmarva #MDWO108654 Report a problem
    5/12/2015Sold$1,425,000-0.1%$642/sqft
    Source: Public Record Report a problem
    3/20/2015Price change$1,425,900+0.1%$643/sqft
    Source: Condominium Realty LTD #495654 Report a problem
    3/9/2015Listed for sale$1,425,000$642/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,817 -0.9%$1,373,933 +1.3%
    2024$18,989 +0.6%$1,356,767 +1.3%
    2023$18,883 $1,339,600
    2022$18,883 -0.2%$1,339,600
    2021$18,927 $1,339,600
    2020$18,927 +4.1%$1,339,600
    2019$18,187 +5.8%$1,339,600 +10%
    2018$17,196 +5.3%$1,217,333 +5.3%
    2017$16,326 +26%$1,156,200 +2.2%
    2016$12,958 $1,130,767 +2.3%
    2015$12,958 $1,105,333 +2.4%
    2014$12,958 $1,079,900 +0%
    2013-- $1,079,867 +0%
    2012-- $1,079,833 +0%
    2011-- $1,079,800 +4.3%
    2010-- $1,034,972 -11.5%
    2009-- $1,169,980
    Find assessor info on the county website

    Neighborhood: Midtown

    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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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,789,700
    2% more
    +$35,794
    With Zillow Showcase(estimated)
    $1,825,494