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For sale
  • Price cut: $50K (5/8)
    $925,000

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

    5beds
    2,145sqft
    : 
    Townhouse
    Built in 1966
    -- sqft lot
    $-- Zestimate®
    $431/sqft
    $1,141/mo HOA

    What's special

    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!
    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#: MDWO2027194MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5 48th St UNIT 25.

    Next available tour time:Today at 12pm

    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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