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2 48TH STREET #402, OCEAN CITY, MD 21842

  • Active

 $1,050,000

  • 3 BedroomBedrooms
  • 3 BathroomBathrooms
  • 1,790 Sq.Ft.
  • Condo/Townhouse
  • Active
  • MLS# MDWO2041670
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified
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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 new carpet, 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.

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Property Details

General

  • Subdivision: NONE AVAILABLE
  • Area: Oceanfront Indirect View (81)
  • County: WORCESTER-MD
  • Style: Unit/Flat
  • Beds: 3
  • Full Bathrooms: 3
  • Ownership: Condominium
  • Year Built: 2008
  • Sq. Ft.: 1,790
  • Lot Description: Premium
  • Garage/Parking Spaces: 2.00
  • Garage Description: Covered Parking
  • Lot Dimensions: 0.00 x 0.00

Interior Features

  • 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

Financial Considerations

  • Tax Amount: $10,084
  • Tax Year: 2024

Activity

  • Days On Market: 31
  • List Date: 10/01/2026
 

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