2 48th St Unit 401

Ocean City, MD 21842
  • $1,175,000

    Price
  • 4

    Bed
  • 3

    Bath
  • 2,385

    SqFt

About the Listing KWBCH62 - 3255914,3255748

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.

Listing Highlights

Status Active With Contingency
Days on Site 27
Property Type Condo
MLS ® MDWO2036498
Year Built 2008
Total Square Footage 2,385
Lot/Acreage 0.00 x 0.00
County Worcester
Building Name Gateway Grand
Neighborhood None Available
HOA Dues 1336/Monthly

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer
  • Air Cond: Central A/C
  • Heating: Heat Pump(s)
  • Fireplaces:
  • Floor: Carpet,Ceramic Tile
  • Above Ground Sq Ft: 2385
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: 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,Cats OK,Dogs OK,Number Limit,Pets Allowed,Main Floor Bedrooms: 4
  • Water: Public

Exterior Details

  • Lot Description: Premium,Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: Residential Condominium
  • Roof: Flat
  • Others: Exterior Lighting,Outside Shower,Sidewalks,Underground Lawn Sprinkler,Excellent,Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Meeting Room,Party Room,Pool - Indoor,Pool - Outdoor,Swimming Pool,Common Area Maintenance,Ext Bldg Maint,Health Club,Insurance,Management,Pool(s),Reserve Funds,Water
  • Sewer: Public Sewer
  • Parking Features: Electric Vehicle Charging Station(s),Handicap Parking,Lighted Parking,Paved Driveway,Secure Parking,Surface,Unassigned,Covered Parking,Attached Garage,Parking Lot,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $10,878
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

2 48th St Unit 401 Ocean City, MD 21842

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Originating MLS: BRIGHT_MAIN

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