$1,350,000

2 48th St Unit 1110 Ocean City, MD 21842

$10,000
Closing credit¹
3 beds
3 full
1,790 sqft
$754 / sqft
Condo

Property details

About 2 48th St Unit 1110

A stunning oceanfront retreat now available for sale at The Gateway Grand, one of Ocean City's most luxurious condominium complexes. Take a ride on the highspeed elevator and as the doors open you will be taken back by the sweeping panoramic views from the Ocean to the Bay featuring all of Ocean City even as far as Bethany Beach, DE. Once you arrive at the front door of the condo opening the door reveals a direct oceanfront view looking straight down the hallway to the oceanfront living room. You will be impressed with the ceramic tile floors, granite countertops in the bathrooms and kitchen, and marble surfaces in the primary bathroom. The current owners have meticulously maintained the property. They have upgraded the appliances, including the stainless steel kitchen appliances and washer and dryer. This property delivers turn-key including all furnishings and kitchen contents. The Gateway Grand has an abundance of amenities including a heated indoor pool open year-round, a heated outdoor pool open from Memorial Day to Labor Day, a kid's club room with tons of activities, and 24/7 fitness center. The lobby has two story vaulted ceilings and floor to ceiling glass windows with ocean views. There are security cameras on property and on-site security staff in the evening to give piece of mind. This residence comes with two unassigned parking spots in the large gated parking garage that has two elevators and several electric car chargers. After a long day at the beach, enter the ground floor storage room, rinse off with the warm indoor showers, and secure all of your beach gear in your deeded storage locker #84. Gateway Grand has an active social committee that plans fun events for owners and guests such as their annual 4th of July Pig Roast and Golf Tournament. Become a part of this community today, you will be impressed! New owner must honor all 2025 rentals.

Highlights

Home typeCondominium
HeatingOther, Heat Pump
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,790 sqft
Year built2008
ParkingCovered Parking, Electric Vehicle Charging Station(s),Handicap Parking,Lighted Parking,Paved Parking,Surface,Unassigned,Permit Included, Off Street,Parking Garage,Parking Lot
MLS #MDWO2028864
Garage2 spaces
WaterfrontBeach
ViewOcean, Water

Virtual tour

Summary

  • MLS Number: MDWO2028864
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Realty Delmarva
  • Office Phone: (410) 524-6400
  • Office Email: lwbunting@comcast.net
  • Listing Agent: Jonathan M Barker

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

drone / aerial view with a view of the beach, a water view, and a city view

$1,350,000

2 48th St Unit 1110

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 08, 2018
Home Sold
$750,000
Feb 24, 2012
Home Sold
$700,000
Apr 02, 2009
Home Sold
$759,900

Tax history

YearAssessmentProperty Tax
2024$896,467$10,814
2023$767,200$10,814
2022$767,200$10,841
2021$767,200$10,841
2020$767,200$10,839
2019$767,200$10,914
2018$767,200$10,837
2017$828,300$11,700

History based on county public records data.

Nearby schools

10

Ocean City Elementary School

Public District PK-4

2.7 mi

12828 Center Dr

9

Showell Elementary School

Public District PK-3

6.7 mi

11318 Showell School Rd

8

Berlin Intermediate School

Public District 4-6

8.2 mi

309 Franklin Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,474. The most common annual income of people living in Ocean City, MD is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

34%
<35k
43%
35k-100k
17%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

63%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
3%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
33%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • BJs Wholesale ClubBJs Wholesale Club

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • PaneraPanera

What do the neighbors drive?

  • LexusLexus
  • BuickBuick
  • InfinitiInfiniti

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Ocean City, MD

About 2 48th St Unit 1110

This home is located at 2 48th St Unit 1110 in Ocean City, MD and zip code 21842. This 1,790 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $1,350,000.

In January 2025 more than 10 listings in Ocean City, MD were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 37 were sold below. In January 2025 in Ocean City, MD there were 6.7% more homes for sale than in December. Listings spent 60 days on the market in January 2025, and had a median list price of $458,173 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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