$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 #MDWO2027194
Price change
$975,000
-2.5%
01/14/2025

Bright #MDWO2027194
Removed
$1,000,000
12/05/2024

Bright #MDWO2027194
Listed
$1,000,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Pool
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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