2 48th Street Unit #1602, Ocean City, MD 21842

$1,299,000
3
BD
3
BA
1,790
SqFt

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Sold Price
$1,299,000
List Price
$1,359,000
Closing Date
Jul 10, 2026
Days on Market
65
Status
CLOSED
MLS#
MDWO2037478
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

Club Level Residence 1602 is now available! A 3 bedroom 3 Bathroom 1790 square foot residence featuring some of the most astounding views of Ocean City, Maryland and beyond. This heavily upgraded space boasts custom millwork throughout, Luxury Vinyl Plank flooring in the kitchen, dining, and living areas, upgraded carpet in the bedrooms, and upgraded light fixtures. In addition, the furniture features coastal chic fabrics and woods. This light filled southern exposure condo will dazzle the occupants from sunrise to sunset with views of the Ocean, Ocean City Skyline, and Bay. Featuring an extremely efficient water source heat pump and on demand hot water you will be amazed at your low utility cost. This property is not currently a rental, but could produce over $60,000 in gross rental income as a weekly rental investment property. The Gateway Grand is one of Ocean City's newest and most prestigious condominium buildings. With on-site property management and the ability to hire on-site property maintenance staff for projects to be completed within your residence, owning and maintaining property at the beach could not be any more convenient. Enjoy the heated seasonal outdoor pool, year-round heated indoor pool, fully equipped fitness center featuring a view of the ocean, kid's club room, and multiple owner lounges. This residence is allotted 2 spaces in the parking garage which features two elevators, electric car chargers, and a covered bridge to the building. Come see what luxury looks like on Maryland's Eastern Shore! Residence conveys with deeded storage locker #173.

Additional Information

Area
Direct Oceanfront (80)
Subdivision
None Available
Building Name
Gateway Grand
Taxes
$14463
Condo Fee
$982
Interior Features
Crown Moldings, Entry Level Bedroom, Sprinkler System, Upgraded Countertops, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments, Wine Storage
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
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, Panoramic
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C, Ceiling Fan(s)
Roof
Flat
Utilities
Cable TV Available, Electric Available
Water
Public
Sewer
Public Sewer
Furnished
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Delmarva. Contact:

Selling Office: .