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Off market
    • $1,294,900

    2 48th St Unit 707, Ocean City, MD 21842

    3beds
    1,806sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,294,900 Zestimate®
    $717/sqft
    $2,783 Estimated rent

    Home value

    $1,294,900

    $1.19M - $1.40M

    $2,783/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $2,783/mo

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    $2,783/mo

    Rent Zestimate®

    Refinance and save

    $7,623/mo

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    $7,623/mo

    Est. payment

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    What's special

    Direct oceanfront 3 bedroom 3 bathroom residence featuring ocean front owner's suite. Great location in the building on the 7th floor offers views of the beach and ocean. Designer furnished and upgraded by the original owner, this residence is stunning! This property is rented weekly and produces fantastic rental income and is meticulously maintained. The Gateway Grand offers on-site management, indoor and outdoor pools, 3 owner's lounges, fitness center, kids play room, conditioned beach storage, parking garage with electric car chargers, and surface parking lot. This is the most luxurious oceanfront building in the area and is a must see! Schedule your private tour of this property today! Locker #63 (Ground Floor) conveys with residence.

    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), Kitchen Island, Window Treatments, Recessed Lighting, Walk-In Closet(s), Crown Molding, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Master Bath(s), Combination Dining/Living, Upgraded Countertops, Combination Kitchen/Dining, WhirlPool/HotTub, Stall Shower, Flat, Master Bedroom - Ocean Front, Tub Shower
    • Flooring: Carpet
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,806 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Exterior features: Cement / Concrete
    • Pool features: In Ground, Indoor, Concrete, Community
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10764122
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2008

    Community & HOA

    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $717/sqft
    • Tax assessed value: $1,020,233
    • Annual tax amount: $13,973

    Price history

    DateEventPrice
    2/11/2022Sold$1,115,000-7.1%$617/sqft
    Source: Bright MLS #MDWO2002332 Report a problem
    2/10/2022Pending sale$1,200,000$664/sqft
    Source: Bright MLS #MDWO2002332 Report a problem
    1/9/2022Contingent$1,200,000$664/sqft
    Source: Bright MLS #MDWO2002332 Report a problem
    1/3/2022Price change$1,200,000-11%$664/sqft
    Source: Bright MLS #MDWO2002332 Report a problem
    9/11/2021Listed for sale$1,349,000+55.1%$747/sqft
    Source: Bright MLS #MDWO2002332 Report a problem
    2/25/2021Sold$870,000+5.2%$482/sqft
    Source: Public Record Report a problem
    9/30/2020Listing removed$827,000$458/sqft
    Source: Keller Williams Realty of Delmarva #MDWO111314 Report a problem
    1/14/2020Listed for sale$827,000-1%$458/sqft
    Source: Keller Williams Realty Delmarva #MDWO111314 Report a problem
    4/2/2012Sold$835,000$462/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 -6.1%$750,700 -6.2%
    2017$11,299 +30.4%$800,200 +2.8%
    2016$8,666 $778,667 +2.8%
    2015$8,666 $757,133 +2.9%
    2014$8,666 $735,600 +0.6%
    2013-- $731,133 +0.6%
    2012-- $726,667 +0.6%
    2011-- $722,200 -10.8%
    2010-- $809,240 -14.5%
    2009-- $946,853
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby homes

    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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    Sell for more on Zillow
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    $1,294,900
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    +$25,898
    With Zillow Showcase(estimated)
    $1,320,798

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