2 48th St Unit #402, Ocean City, MD 21842

$1,099,000
3
BD
3
BA
1,790
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,099,000
Days on Market
645
Status
ACTIVE
MLS#
MDWO2026410
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,790
Style
Unit/Flat
Year Built
2008
County
Worcester
School District
Worcester County Public Schools

Property Description

Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023, $49,044.24 in 2024 and $45,767.40 in 2025.

Additional Information

Area
Oceanfront Indirect View (81)
Subdivision
None Available
Building Name
Gateway Grand
Taxes
$10084
Condo Fee
$982
Stories
17
Interior Features
Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments
Amenities
Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
School District
Worcester County Public Schools
Flooring
Carpet, Ceramic Tile
Garage
Yes
Garage Spaces
2
Exterior Features
Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Community Amenities
Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
View
Bay, City, Ocean
Heating
Central
Heating Fuel
Electric
Cooling
Central A/C
Roof
Flat
Utilities
Cable TV Available, Electric Available
Water
Public
Sewer
Public Sewer
Furnished
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Delmarva. Contact: 4105246400