$10,000 Closing Credit¹
#MDWO2028806, Sandra A Mattes, Listing Office: Keller Williams Realty Delmarva
$1,250,000 List price
2 48th St Unit 1402 Ocean City, MD 21842
$10,000
Closing credit¹
3 beds
3 full
1,650 sqft
$758 / sqft
Condo
Property details
About 2 48th St Unit 1402
The combination of Ocean, Bay & City Skyline views are Arguably some of the most amazing in all of Ocean City. When the Sun goes down you the views don't stop as you will be treated with a bonus of the City lights. This Stunning 3 Bedroom 3 full Bath Condominium is located on the 14th floor in the Gateway Grand Ocean City’s Premiere luxury residence. This incredible condo is being offered fully furnished and equipped and as a bonus it comes with built in rental income for the 2025 Season. Features a gourmet kitchen with granite counters, upgraded cabinets, beautiful tile floors and stainless steel appliances. The Gateway Grand amenities are top notch with a year round heated indoor pool, large heated outdoor pool, fitness room (open 24hrs.), kids club room, Oceanfront Sundeck, 2 car parking & large deeded storage locker. The building has a secure entry with a staffed front desk and evening security. There is also camera coverage of the amenities and parking garage for added security. Professional photos coming soon!
Highlights
Home typeCondominium
HeatingHeat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size1,650 sqft
Year built2008
ParkingCovered Parking, Off Street,Parking Garage
MLS #MDWO2029108
Garage2 spaces
WaterfrontBeach
ViewOcean, Bay, Panoramic
Summary
- MLS Number: MDWO2029108
- MLS Name: BRIGHT
- Office Name: Berkshire Hathaway HomeServices PenFed Realty
- Office Phone: (410) 524-7000
- Office Email: oceancity@penfedrealty.com
- Listing Agent: Anthony Golden
- Agent Phone: (410) 524-7625
- Agent Email: tony@oceancity4sales.com
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: 4/24/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
2 48th St Unit 1402
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 23, 2021 | Home Sold | $845,000 |
| Aug 11, 2009 | Home Sold | $699,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $907,500 | $10,698 |
| 2023 | $759,000 | $10,698 |
| 2022 | $759,000 | $10,725 |
| 2021 | $759,000 | $10,725 |
| 2020 | $759,000 | $10,723 |
| 2019 | $758,433 | $10,789 |
| 2018 | $757,867 | $10,705 |
| 2017 | $757,300 | $10,697 |
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.
Neighborhood
The neighbors living near this home have an average income of $44,474. The majority of Ocean City, MD residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
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/LPGA
Figure Skating
Skiing/snowboarding
Where do the neighbors shop?
Stein Mart
Kmart
BJs Wholesale Club
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Panera
What do the neighbors drive?
Lexus
Buick
Infiniti
What do the neighbors listen to?
Oldies
Adult Hits
News/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 1402
This home is located at 2 48th St Unit 1402 in Ocean City, MD and zip code 21842. This 1,650 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $1,250,000.
In March 2025, from all listings sold in Ocean City, MD there were more than 5 sold above asking price, over 30 sold below and more than 18 were sold right at the asked price. The inventory of homes for sale in Ocean City, MD between February and March 2025 increased by 32%. While the average time on the market in March 2025 was 56 days, the median list price was $490,000.
From Rocket Homes Real Estate and based on county public records data.