2 48th Street Unit #401, Ocean City, MD 21842
- $1,125,000
- 4
- BD
- 3
- BA
- 2,385
- SqFt
- Sold Price
- $1,125,000
- List Price
- $1,175,000
- Closing Date
- Mar 26, 2026
- Days on Market
- 11
- Status
- CLOSED
- MLS#
- MDWO2036498
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,385
- Style
- Unit/Flat
- Year Built
- 2008
- County
- Worcester
- School District
- Worcester County Public Schools
Property Description
This 2385 square foot 4 Bedroom 3 Bathroom Residence at the Gateway Grand is a must see! One of the most impressive parts of this condominium is the oversized living room, which is one of the largest in the building. The residence features two balconies, one of which is accessible from each bedroom and the very large living room. You will appreciate the southern exposure location which provides an abundance of natural light and warmth. From the fourth floor you have views of the Atlantic Ocean from the Southern balcony that extends beyond the other residence balconies in front of it. The Gateway Grand is one of Ocean City's newest and most spectacular luxury condominium building featuring an abundance of amenities including a heated indoor and outdoor pool, state of the art fitness center, private owners' lounges, on-site property management, on-site maintenance team, gated parking garage, kids club, and so much more. Ground floor deeded storage locker #169 conveys with residence. 2026 rentals must be honored. See attached rental schedule for reference in documents section. Grossed $58,149 in rental income in 2025 and already has $50,610 booked for 2026.
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Additional Information
- Area
- Oceanfront Indirect View (81)
- Subdivision
- None Available
- Building Name
- Gateway Grand
- Taxes
- $10878
- Condo Fee
- $1336
- Stories
- 17
- Interior Features
- Ceiling Fan(s), Carpet, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Bathroom - Soaking Tub, Sprinkler System, Bathroom - Tub Shower, 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
- 3
- 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
- City, Ocean
- Heating
- Heat Pump(s)
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Roof
- Flat
- Utilities
- Cable TV Available, Electric Available
- Water
- Public
- Sewer
- Public Sewer
- Furnished
- Yes
Mortgage Calculator
Listing courtesy of Keller Williams Realty Delmarva. Contact:
Selling Office: .