2 48th St #401, Ocean City, MD 21842
Local realty services provided by:CENTURY 21 Charles Smith Agency, Inc.
2 48th St #401,Ocean City, MD 21842
$1,175,000
- 4 Beds
- 3 Baths
- 2,385 sq. ft.
- Condominium
- Active
Listed by: jonathan m barker, grant k fritschle
Office: keller williams realty delmarva
MLS#:MDWO2036498
Source:BRIGHTMLS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$492.66
About this home
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.
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Home facts
- Year built:2008
- Listing ID #:MDWO2036498
- Added:8 day(s) ago
- Updated:March 03, 2026 at 02:45 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:11
- Flooring:Carpet, Ceramic Tile
- Dining Description:Combination Dining/Living, Combination Kitchen/Dining, Dining Area
- Bathrooms Description:Primary Bath(s), WhirlPool/HotTub
- Kitchen Description:Built-In Microwave, Carpet, Crown Moldings, Dishwasher, Disposal, Icemaker, Oven/Range - Electric, Refrigerator
- Bedroom Description:Carpet, Entry Level Bedroom
- Living area:2,385 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Roof:Flat
- Year built:2008
- Building area:2,385 sq. ft.
- Lot Features:Oceanblock, Premium
- Construction Materials:Concrete, Metal Siding
- Exterior Features:Balcony, Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler, Wrap Around
- Foundation Description:Pillar/Post/Pier
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$492.66
- Tax amount:$10,878 (2025)
Features and amenities
- Laundry features:Dryer, Dryer In Unit, Washer, Washer In Unit
- Amenities:Cable TV Available, Carpet, Ceiling Fan(s), Crown Moldings, Electric Available, Insulated Windows, Sprinkler System, Sprinkler System - Indoor, Window Treatments
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