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$975,000

Beds
5
Baths
4.0
sq ft
2,145

5 48th St Unit 25, Ocean City, MD 21842

5 48th St Unit 25

OCEAN CITY, MD 21842

  • 120 days on market
    • Price drop $25,000↓
BRAND NEW HVAC! UPGRADED KITCHEN! FULLY UPGRADED BATHROOMS! INCREDIBLE BEACH TOWNHOUSE - Make an offer to own this unique townhome in oceanfront Ocean Colony complex located in popular Mid-Town. Entry level has a one bedroom efficency, perfect for guests or even rent out separately, with own outside entrance. If you like balconies and decks - this is your happy place. On the living level, there is a large deck off the living room and a balcony off the main level bedroom (great for sunsets). The next floor has two bedrooms, each with own deck (one for sunsets, one for sunrises). On the top level, there is a bedroom and a sitting room/den (could be used as extra bedroom) with a huge balcony and ocean views. Ocean Colony has a beautiful pool, and lots of green common space. This is always one of the most sought-after communities in town. There is carport parking, and also reserved parking and off street permit parking. And the rental potential is huge. Owners don't rent, but est GRI is $70,000-$85,000. Updated kitchen, bathrooms, LVP flooring, New HAVC (installed Dec2024) - Great investment - Great Vacation Home - Great Primary Residence - Or live upstairs/Rent Downstairs. Make this your New Happy Place at the Beach!

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$455

Year built

1966

Annual property taxes

$9,866

HOA

No

Price History

01/15/2025
Bright

Bright #MDWO2027194

Price change
$975,000
-2.5%
01/14/2025
Bright

Bright #MDWO2027194

Removed
$1,000,000
12/05/2024
Bright

Bright #MDWO2027194

Listed
$1,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 04/02/2025 at 1:25 AM

Listing updated: 03/14/2025 at 1:39 PM

Listed by: Jeannie Betten, Berkshire Hathaway HomeServices PenFed Realty Phone #: (410) 524-7000

MLS: Bright #MDWO2027194

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