2 48th St Unit #402, Ocean City, MD 21842
- $1,099,000
- 3
- BD
- 3
- BA
- 1,790
- SqFt
- List Price
- $1,099,000
- Status
- ACTIVE
- Days on Market
- 647
- MLS#
- MDWO2026410
- Style
- Unit/Flat
- Year Built
- 2008
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 1,790
- Subdivision
- None Available
- Neighborhood
- None Available
- Building Name
- Gateway Grand
- MLS Area Major
- Oceanfront Indirect View (81)
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.
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Additional Information
- Amenities
- Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
- 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
- Exterior Features
- Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
- Taxes
- $10,084
- HOA Includes
- Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water
- Pets
- Yes
- Building Name
- Gateway Grand
- Property Description
- Unit/Flat
- Zoning
- RESIDENTIAL
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer
- Heating
- Central
- Air Conditioning
- Central A/C
- Stories
- 17
- Levels
- 1
- Roof
- Flat
- Foundation
- Pillar/Post/Pier
- Pool
- Yes
- Parking
- Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned
- Garage Spaces
- 2
- Garage Features
- Covered Parking
- School District
- Worcester County Public Schools
- Number Of Units
- 1
- View
- Bay, City, Ocean
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Listing courtesy of Keller Williams Realty Delmarva. Contact: 4105246400