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Off market
  • $1,146,600

    2 48th St Unit 705, Ocean City, MD 21842

    3beds
    1,790sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,146,600 Zestimate®
    $641/sqft
    $2,774 Estimated rent

    Home value

    $1,146,600

    $1.07M - $1.23M

    $2,774/mo

    Zestimate® history
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    $7,443/mo

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    What's special

    Absolutely stunning, never rented residence now available! This property is located just one back from the Atlantic Ocean featuring sunny southern exposure. Designer furnished and decorated, this residence features a glass tile backsplash and stainless steel appliances in the kitchen, porcelain tile flooring throughout the main living areas, and upgraded carpeting in the master bedroom. The master bathroom makes you feel like you are visiting a spa, featuring Italian marble flooring, a frameless glass shower with three separate shower heads, and a jetted soaking tub. The Gateway Grand community offers all of the amenities you are searching for at the beach including a heated indoor pool, heated 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, 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: 10764106
    • Special conditions: Standard

    Construction

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

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $693 monthly
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $641/sqft
    • Tax assessed value: $896,500
    • Annual tax amount: $12,278

    Price history

    DateEventPrice
    7/3/2023Sold$1,075,000-2.2%$601/sqft
    Source: Bright MLS #MDWO2012794 Report a problem
    6/3/2023Contingent$1,099,000$614/sqft
    Source: Bright MLS #MDWO2012794 Report a problem
    4/13/2023Price change$1,099,000-4.4%$614/sqft
    Source: Bright MLS #MDWO2012794 Report a problem
    4/9/2023Price change$1,150,000+4.6%$642/sqft
    Source: Bright MLS #MDWO2012794 Report a problem
    3/10/2023Listed for sale$1,099,000+46.5%$614/sqft
    Source: Bright MLS #MDWO2012794 Report a problem
    8/27/2020Sold$750,000-2.6%$419/sqft
    Source: Public Record Report a problem
    7/2/2020Listed for sale$769,900+2.7%$430/sqft
    Source: Keller Williams Realty Delmarva #MDWO114846 Report a problem
    11/24/2015Sold$750,000-5.9%$419/sqft
    Source: Public Record Report a problem
    3/24/2015Listing removed$797,000$445/sqft
    Source: Condominium Realty LTD #490483 Report a problem
    3/16/2015Listed for sale$797,000-3.4%$445/sqft
    Source: Condominium Realty LTD #490483 Report a problem
    5/15/2014Listing removed$825,000$461/sqft
    Source: Long & Foster Real Estate #WO8179339 Report a problem
    10/24/2013Price change$825,000-2.4%$461/sqft
    Source: Stanley G Zaremba #486116 Report a problem
    9/5/2013Listed for sale$845,000+21.6%$472/sqft
    Source: Long and Foster - 11701 OC #486116 Report a problem
    4/12/2011Sold$695,000$388/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,278 +13.9%$896,500 +16.4%
    2024$10,777 +18.8%$770,000 +19.7%
    2023$9,071 $643,500
    2022$9,071 -0.2%$643,500
    2021$9,092 $643,500
    2020$9,092 -0.7%$643,500
    2019$9,154 +0.7%$643,500
    2018$9,090 +0%$643,500
    2017$9,086 +35.3%$643,500 +2.2%
    2016$6,718 $629,733 +2.2%
    2015$6,718 $615,967 +2.3%
    2014$6,718 $602,200 +2.4%
    2013-- $588,067 +2.5%
    2012-- $573,933 +2.5%
    2011-- $559,800 -11.6%
    2010-- $633,600 -25.1%
    2009-- $846,250
    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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    $1,146,600
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    $1,169,532