$1,395,000

2 48th St Unit 709 Ocean City, MD 21842

$10,000
Closing credit¹
3 beds
3 full
1,790 sqft
$779 / sqft
Condo

Property details

About 2 48th St Unit 709

*Coming Soon* A unique opportunity to own direct oceanfront in the Gateway Grand in Ocean City, MD. The stunning F-Style floorplan offer a modern open floorplan with a great room spanning the width of the condo with views of the Atlantic Ocean. This private condo has never been rented and seldomly enjoyed by the current original owners of the property. Delivering unfurnished, the new owners can decorate and furnish however they like! Get creative or hire your own interior designer to make this home your own. Custom millwork already dazzles the walls in the primary bedroom and main hallway. A designer glass tile backsplash adorns the kitchen walls reflecting the fabulous sunrise each morning. Two wall mounted TVs are included in the living room and primary bedroom. The Gateway Grand is Ocean City's finest midtown high rise building featuring heated indoor and outdoor pools, high speed elevators, additional deeded beach storage units, a staffed front desk, professional onsite maintenance, professional onsite management, owner's lounges, a secure grand oceanfront lobby, a parking garage with electric car chargers and elevators, a kid's club room, and state of the art fitness center. This building is a must see if you are looking for luxury at the beach!

Highlights

Home typeCondominium
HeatingOther, Heat Pump
StatusComing Soon
(COMING SOON)
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 #MDWO2028778
Garage2 spaces
WaterfrontBeach
ViewOcean, Water
Active DateMarch 07, 2025

Summary

  • MLS Number: MDWO2028778
  • 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: 2/21/2025, 1:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property

$1,395,000

2 48th St Unit 709

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 20, 2017
Home Sold
$780,000

Tax history

YearAssessmentProperty Tax
2024$885,467$10,581
2023$750,700$10,581
2022$750,700$10,608
2021$750,700$10,608
2020$750,700$10,606
2019$750,700$10,679
2018$750,700$10,604
2017$795,000$11,230

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. Residents of Ocean City, MD typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically 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 709

This home is located at 2 48th St Unit 709 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 19, 2025 and is currently priced at $1,395,000.

Over 10 listings were sold over their listed price in January 2025 in Ocean City, MD. In the same period over 37 listings were sold below the listed price and 8 listings were sold for the listed price. Between December and January 2025, Ocean City, MD real estate market has seen increase in the number of listings by 6.7%. 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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