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Sold for $1,375,000
  • $1,375,000

    2 48th St Unit 711, Ocean City, MD 21842

    3beds
    1,650sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,375,500 Zestimate®
    $833/sqft
    $2,774 Estimated rent

    Home value

    $1,375,500

    $1.25M - $1.51M

    $2,774/mo

    Zestimate® history
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    What's special

    Offered fully furnishedElegant two-story glass lobbyMove-in readyBeautifully maintained condoAdditional surface parkingBreathtaking panoramic ocean views
    Experience luxury oceanfront living at its finest from the 7th floor of one of the most desirable buildings in all of Ocean City, Maryland — the prestigious Gateway Grand. Built in 2008 and known for its exceptional maintenance, upscale amenities, and strong management, this premier mid-town oceanfront community offers the lifestyle buyers dream about. This spacious 3-bedroom, 3 full bath direct oceanfront residence is currently the only direct oceanfront unit available in the building, making it a rare opportunity to own in one of Ocean City’s most sought-after addresses. Offered fully furnished, this beautifully maintained condo is move-in ready and perfectly positioned to enjoy breathtaking panoramic ocean views from the comfort of your living space. What truly makes this unit stand out is that all three bathrooms have been upgraded with beautifully tiled walk-in showers instead of standard bathtubs, creating a more modern, luxurious, and elevated feel throughout the residence. The Gateway Grand is a high-end luxury building offering all of the amenities buyers are looking for in a beach condominium, including heated indoor and outdoor pools, a 24/7 fitness center, kid’s game room, elegant two-story glass lobby, party room, secure access covered parking garage with an abundance of parking and electric car chargers, additional surface parking, on-site maintenance team, on-site management, and a staffed front desk with overnight security. Owners also enjoy access to the beach club located right next door, and this unit additionally conveys with a Seacrets VIP card — a unique bonus that adds even more to the ultimate Ocean City lifestyle experience. This condo also comes with a generously sized ground-level storage locker (#82), perfect for all of your beach gear and personal storage needs. Perfectly located in mid-town Ocean City, you are surrounded by some of the area’s best dining, entertainment, shopping, and nightlife. Whether you are searching for a premier second home, luxury investment property, or full-time residence by the ocean, this is coastal living at another level.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anne Marie Mercier-Bouse 443-783-7654,

    RE/MAX Advantage Realty,

    Listing Team: Teambousehouse, Co-Listing Team: Teambousehouse,Co-Listing Agent: Rob Bouse Iii 443-783-6655,

    RE/MAX Advantage Realty

    Bought with:

    Tony Golden, 309721

    Berkshire Hathaway HomeServices PenFed Realty

    Carol Proctor, RS-0023288

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: MDWO2038754MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,650
    • Total interior livable area: 1,650 sqft
    • Finished area above ground: 1,650
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Off Street, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Community
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Oceanfront, Ocean
    • Body of water: Atlantic Ocean
    • Frontage length: Water Frontage Ft: 200
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410764165
    • Zoning: R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $982 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Elevator(s), Fitness Center, Game Room, Meeting Room, Party Room, Indoor Pool, Pool, Security
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Reserve Funds, Snow Removal, Water
    • HOA name: Legum & Norman
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $833/sqft
    • Tax assessed value: $1,155,000
    • Annual tax amount: $13,973
    • Date on market: 5/27/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/12/2026Sold$1,375,000$833/sqft
    Source: Bright MLS #MDWO2038754 Report a problem
    5/31/2026Contingent$1,375,000$833/sqft
    Source: Bright MLS #MDWO2038754 Report a problem
    5/28/2026Listed for sale$1,375,000+7.5%$833/sqft
    Source: Bright MLS #MDWO2038754 Report a problem
    8/28/2022Listing removed$1,279,000+8.4%$775/sqft
    Source: Bright MLS #MDWO2001520 Report a problem
    4/29/2022Sold$1,180,000-7.7%$715/sqft
    Source: Bright MLS #MDWO2006488 Report a problem
    4/15/2022Pending sale$1,279,000$775/sqft
    Source: Bright MLS #MDWO2006488 Report a problem
    4/10/2022Contingent$1,279,000$775/sqft
    Source: Bright MLS #MDWO2006488 Report a problem
    3/18/2022Listed for sale$1,279,000$775/sqft
    Source: Bright MLS #MDWO2006488 Report a problem
    3/14/2022Listing removed--
    Source: Bright MLS #MDWO2001520 Report a problem
    11/30/2021Price change$1,279,000-5.3%$775/sqft
    Source: Bright MLS #MDWO2001520 Report a problem
    8/16/2021Listed for sale$1,349,900+57%$818/sqft
    Source: Bright MLS #MDWO2001520 Report a problem
    12/31/2014Sold$860,000$521/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 +32.1%$800,200 +3.2%
    2016$8,552 $775,467 +3.3%
    2015$8,552 $750,733 +3.4%
    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
    • District: Worcester County Public Schools

    Source: Bright 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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    $1,375,500
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    With Zillow Showcase(estimated)
    $1,403,010