Skip main navigation
Off market
Street View
  • $1,229,200

    2 48th St Unit 508, Ocean City, MD 21842

    3beds
    1,790sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,229,200 Zestimate®
    $687/sqft
    $2,774 Estimated rent

    Home value

    $1,229,200

    $1.13M - $1.34M

    $2,774/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,774/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,774/mo

    Rent Zestimate®

    Refinance and save

    $6,745/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,745/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Meticulously maintained beach retreat located in Ocean City's crown jewel,The Gateway Grand. Experience the best of everything Ocean City has to offer. Premier location on 48th street allows for easy access to Ocean City's white sandy beach and is convenient to the Rt 90 bridge. This F-Style floorplan boasts an expansive living-dining room with exposure on the oceanfront. Private, conditioned storage locker #193, and many designer/decorator upgrades. The Gateway Grand offers indoor/outdoor pools, fitness center, control access entry, enclosed/conditioned corridors, security, front desk property management, kids club, owners lounge, private sun deck, private parking, and much more. Mid-town location allows for easy access to multiple restaurants within 2-3 blocks. Condo fees $660/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
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Upgraded Countertops, Window Treatments, Entry Level Bedroom, WhirlPool/HotTub, CeilngFan(s), Wine Storage
    • Flooring: Tile, Carpet
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,790 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10763851

    Construction

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

    Community & HOA

    Community
    • Features: Fitness Center
    HOA
    • Has HOA: Yes
    • HOA fee: $770 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $687/sqft
    • Tax assessed value: $1,020,233
    • Annual tax amount: $13,973

    Price history

    DateEventPrice
    1/13/2023Listing removed$1,295,000$723/sqft
    Source: Bright MLS #MDWO2011506 Report a problem
    12/10/2022Listed for sale$1,295,000+66%$723/sqft
    Source: Bright MLS #MDWO2011506 Report a problem
    8/7/2018Sold$780,000-4.9%$436/sqft
    Source: Public Record Report a problem
    2/17/2018Listed for sale$819,900+2.6%$458/sqft
    Source: Condominium Realty, LTD #514898 Report a problem
    8/30/2016Sold$799,000$446/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,973 +12.8%$1,020,233 +15.2%
    2024$12,393 +17.1%$885,467 +18%
    2023$10,582 $750,700
    2022$10,582 -0.2%$750,700
    2021$10,607 $750,700
    2020$10,607 -0.7%$750,700
    2019$10,679 +0.7%$750,700
    2018$10,604 -5.5%$750,700 -5.6%
    2017$11,225 +31.3%$795,000 +3%
    2016$8,552 $772,000 +3.1%
    2015$8,552 $749,000 +3.2%
    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

    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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,229,200
    2% more
    +$24,584
    With Zillow Showcase(estimated)
    $1,253,784