2 48th St #402, Ocean City, MD 21842
Local realty services provided by:CENTURY 21 Ryon Real Estate
2 48th St #402,Ocean City, MD 21842
$1,099,000
- 3 Beds
- 3 Baths
- 1,790 sq. ft.
- Condominium
- Active
Listed by: jonathan m barker, grant k fritschle
Office: keller williams realty delmarva
MLS#:MDWO2026410
Source:BRIGHTMLS
Price summary
- Price:$1,099,000
- Price per sq. ft.:$613.97
About this home
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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Home facts
- Year built:2008
- Listing ID #:MDWO2026410
- Added:864 day(s) ago
- Updated:March 10, 2026 at 01:36 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:10
- 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, Freezer, Oven/Range - Electric, Pantry, Recessed Lighting, Refrigerator, Upgraded Countertops
- Bedroom Description:Carpet, Entry Level Bedroom, Walk In Closet(s)
- Living area:1,790 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Electric
Structure and exterior
- Roof:Flat
- Year built:2008
- Building area:1,790 sq. ft.
- Lot Features:Oceanblock, Premium
- Construction Materials:Concrete, Metal Siding
- Exterior Features:Balcony, Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
- Foundation Description:Pillar/Post/Pier
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,099,000
- Price per sq. ft.:$613.97
- Tax amount:$10,084 (2024)
Features and amenities
- Laundry features:Dryer, Dryer In Unit, Washer, Washer In Unit
- Amenities:Cable TV Available, Carpet, Ceiling Fan(s), Crown Moldings, Desk in Lobby, Electric Available, Insulated Windows, Recessed Lighting, Sprinkler System, Sprinkler System - Indoor, Window Treatments
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