Back 711/2 48th Street
Off Market

711/2 48th Street

Ocean City MD 21842

3
3
2
1650 sq. ft.
Condo
Last sold for $1,375,000
Anne Marie Mercier-BouseAnne Marie Mercier-Bouse, last sold this property on 12 June 2026 after 1761 days on market.

Overview

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.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
1650 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Ocean City over the last 12 months, the estimated median property value of 711/2 48th Street is $575k.

Median value
$575k
Estimated value range
$225k - $1.6m
Median days on market
40
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ocean City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 711/2 48th Street

2026
Sold
$1,375,000
12 Jun 2026 by Anne Marie Mercier-Bouse, of REMAX Advantage Realty | Ocean City
2022
Sold
$1,180,000
29 Apr 2022 by Mary Rice, of Engel & Völkers Ocean City

Happy sellers in Ocean City

86%
86% of sellers in Ocean City reported that their sale price either exceeded or met their price expectations.

Ocean City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Ocean City over the last 12 months.

Local market activity for 3 bedroom condos in Ocean City

In the last 12 months, 214 three-bedroom condos similar to 711/2 48th Street, have been sold.

This represents a 7% increase in three-bedroom condos sales when compared to the previous 12 months.

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