Water Views
2 48Th Street # 401 Ocean City, MD
$ 849,900
Property Attributes
  • MLS#MDWO118622
  • TypeCondos
  • CityOcean City
  • AreaOceanfront Indirect View
  • NeighborhoodNONE AVAILABLE
  • Zip21842
  • StyleUnit/Flat
  • Year Built2008
  • Taxes10140
  • Price$ 849,900
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2385
Listing Provided Courtesy Of:
Keller Williams Realty Delmarva
Property Description

A new opportunity awaits you at The Gateway Grand. This 4 bedroom 3 Bathroom residence boasts 2,385 interior square feet and 385 square feet of exterior balcony space spread over 2 separate balconies. With sweeping views of the Ocean, Ocean City, and the Bay you will not want to leave the oversized living room. The eat-in kitchen features stainless steel appliances and granite counter tops. Each of the 4 bedrooms has access to the 2nd balcony to conveniently enjoy morning coffee. The owner's suite features a walk-in closet and attached bath with whirlpool tub and a double vanity. The residence was rented and grossed over $52,000 in income during the 2020 season. The Gateway Grand features an unmatched amenity package including heated indoor and outdoor pools, 3 owner's lounges, state of the art fitness center, kids club room, parking garage with electric car chargers, and the list continues. Call today for your private showing appointment! Deed storage locker #169 conveys with residence.

Price History
11/24/2020 Listed $849,900

General Features

Acceptable Financing Cash, Conventional
Accessibility Elevator
Appliances Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
Architectural Style Unit/Flat
Association Amenities Common Grounds, Elevator, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool
Association Fee Includes Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Snow Removal, Water
Association Y/N No
Building Name Gateway Grand
Community Pool Features Heated, Indoor, In Ground
Condo/Coop Association Y/N Yes
Construction Materials Concrete, Metal Siding
Cool Fuel Electric, Other
Cooling Heat Pump(s), Other
Days on Market 63
Electric Circuit Breakers
Exclusions Personal Items
Exterior Features Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Facing Direction East
Flooring Carpet, Ceramic Tile
Floors In Unit Count 1
Garage Spaces 3.00
Garage Y/N No
HOA Fee 2 1010.00
HOA Fee 2 Frequency Monthly
Heating Heat Pump(s), Other
Interior Features Carpet, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Floor Plan - Open, Flat
Legal Subdivision GATEWAY GRAND
Levels 1
Location Type Oceanblock
MLS Area Oceanfront Indirect View (81)
New Construction No
Other Fees 80.00
Other Fees Frequency One Time
Other Structures Above Grade, Below Grade
Ownership Condominium
Parking Features Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Secure Parking, Surface, Unassigned
Patio/Porch Features Balconies- Multiple
Possession Settlement
Price Per Sq Ft 356.35
Property Type Residential
Real Estate Owned Y/N No
Roof Flat
Security Features Desk in Lobby, Exterior Cameras, Surveillance Sys, Sprinkler System - Indoor, Smoke Detector
Senior Community Y/N No
Sewer Public Sewer
Structure Type Unit/Flat/Apartment
Subdivision Name NONE AVAILABLE
Tax Annual Amount 10140.0
Tax Lot 401
Tax Year 2020
Total Units 196
Unit Number 401
Utilities Cable TV Available, Electric Available
Vacation Rental Y/N Yes
View Bay, City, Ocean
Water Access Y/N No
Water Body Name Atlantic
Zoning Description Residential Condominium

Interior Features

Above Grade Finished Area 2385
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Bathrooms Count Main Level 3.00
Bathrooms Full Main Level 3
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N No
Common Walls 2+ Common Walls
Common Walls 2+ Common Walls
Entry Level 4
Fireplace Y/N No
Full Baths 3
Heating Fuel Electric, Other
Heating Y/N Yes
Hot Water Other
Laundry Type Dryer In Unit, Washer In Unit
Living Area 2385
Main Level Bedrooms 4
Number of Elevators 5
Total Baths 3
Total Bedrooms 4
Total Rooms 11
Window Features Storm

Exterior Features

Builder Model C
Door Features Sliding Glass, Storm
Foundation Details Pillar/Post/Pier
Garage Features Covered Parking
Horse Y/N No
Inclusions Furnishings
Lot Dimensions 0.00 x 0.00
Lot Features Cleared
Navigable Water Y/N No
Parking Garage - # Of Spaces 3
Pool Y/N Yes - Community
Spa No
Total Parking Spaces 3
Type of Parking Parking Garage
Water Body Type Ocean
Water Oriented Y/N Yes
Water Source Public
Water View Y/N Yes
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 21842

AVG $470K
AVG $5,382
AVG 83
Year Built
AVG 1992
AVG 51
Data Provided by Walkscore ® not using MLS data

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