Let's Go - REVISED PRICE - $50,000 Reduction plus NEW HVAC(cost almost $10K)! UPGRADED KITCHEN! ALL BATHROOMS FULLY UPGRADED! 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 guest space that opens to the pool and greenway . 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!
For sale
Price cut: $50K (5/8)
$925,000
5 48th St UNIT 25, Ocean City, MD 21842
5beds
2,145sqft
Est.:
Townhouse
Built in 1966
-- sqft lot
$-- Zestimate®
$431/sqft
$1,141/mo HOA
What's special
- 174 days
- on Zillow |
- 663 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: May 08, 2025 at 07:04am
Listed by:
Jeannie Betten 443-365-7021,
Berkshire Hathaway HomeServices PenFed Realty (410) 524-7000
Source: Bright MLS,MLS#: MDWO2027194

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Efficiency (Additional), Bonus Room
Bonus room
- Level: Upper
Other
- Level: Main
Heating
- Central, Heat Pump, Baseboard, Electric
Cooling
- Central Air, Ceiling Fan(s), Wall Unit(s), Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, Main Level
Features
- 2nd Kitchen, Bathroom - Walk-In Shower, Ceiling Fan(s), Dining Area, Efficiency, Entry Level Bedroom, Exposed Beams, Walk-In Closet(s)
- Flooring: Luxury Vinyl, Carpet
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,145
- Total interior livable area: 2,145 sqft
- Finished area above ground: 2,145
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Permit Included, Handicap Parking, Under Home Parking, Attached Carport, Parking Lot, Off Street
- Carport spaces: 1
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Four
- Stories: 4
- Patio & porch: Deck, Patio
- Exterior features: Balcony
- Pool features: Community
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanside, Ocean
Lot
- Features: Backs - Open Common Area, Poolside
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410068649
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Coastal
- Property subtype: Townhouse
Materials
- Mixed
- Foundation: Slab
- Roof: Built-Up
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Pool, Reserved/Assigned Parking, Common Grounds
- Services included: Maintenance Structure, Management, Pool(s), Trash, Water
- HOA name: Ocean Colony
- Condo and coop fee: $3,423 quarterly
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $431/sqft
- Tax assessed value: $704,933
- Annual tax amount: $9,866
- Date on market: 5/8/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
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