A stunning oceanfront retreat now available for sale at The Gateway Grand, one of Ocean City's most luxurious condominium complexes. Take a ride on the highspeed elevator and as the doors open you will be taken back by the sweeping panoramic views from the Ocean to the Bay featuring all of Ocean City even as far as Bethany Beach, DE. Once you arrive at the front door of the condo opening the door reveals a direct oceanfront view looking straight down the hallway to the oceanfront living room. You will be impressed with the ceramic tile floors, granite countertops in the bathrooms and kitchen, and marble surfaces in the primary bathroom. The current owners have meticulously maintained the property. They have upgraded the appliances, including the stainless steel kitchen appliances and washer and dryer. This property delivers turn-key including all furnishings and kitchen contents. The Gateway Grand has an abundance of amenities including a heated indoor pool open year-round, a heated outdoor pool open from Memorial Day to Labor Day, a kid's club room with tons of activities, and 24/7 fitness center. The lobby has two story vaulted ceilings and floor to ceiling glass windows with ocean views. There are security cameras on property and on-site security staff in the evening to give piece of mind. This residence comes with two unassigned parking spots in the large gated parking garage that has two elevators and several electric car chargers. After a long day at the beach, enter the ground floor storage room, rinse off with the warm indoor showers, and secure all of your beach gear in your deeded storage locker #84. Gateway Grand has an active social committee that plans fun events for owners and guests such as their annual 4th of July Pig Roast and Golf Tournament. Become a part of this community today, you will be impressed! New owner must honor all 2025 rentals.
Sold for $1,350,000
$1,350,000
2 48th St Unit 1110, Ocean City, MD 21842
3beds
1,790sqft
Condominium
Built in 2008
-- sqft lot
$1,354,800 Zestimate®
$754/sqft
$2,888 Estimated rent
Home value
$1,354,800
$1.19M - $1.53M
$2,888/mo
Zestimate® history
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List your homeWhat's special
Oceanfront retreatSweeping panoramic viewsMarble surfacesCeramic tile floorsGranite countertopsDirect oceanfront view
Zillow last checked:
Listing updated:
Listed by:
Jonathan M Barker 410-935-3810,
Keller Williams Realty Delmarva,
Listing Team: The Fritschle Barker Group, Co-Listing Team: The Fritschle Barker Group,Co-Listing Agent: Grant K Fritschle 410-430-5880,
Keller Williams Realty Delmarva
Bought with:
Terry Riley, 598416
RE/MAX Advantage Realty
Source: Bright MLS,MLS#: MDWO2028864
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Other, Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Ceiling Fan(s), Walk-In Closet(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Molding, Entry Level Bedroom, Flat, Open Floorplan, Kitchen Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Dry Wall, 9'+ Ceilings
- Flooring: Ceramic Tile, Carpet
- Doors: Sliding Glass
- Windows: Insulated Windows, Screens, Window Treatments
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,790
- Total interior livable area: 1,790 sqft
- Finished area above ground: 1,790
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered, Electric Vehicle Charging Station(s), Handicap Parking, Lighted, Paved, Surface, Unassigned, Permit Included, Off Street, Garage, Parking Lot
- Garage spaces: 2
Accessibility
- Accessibility features: Doors - Lever Handle(s)
Features
- Levels: One
- Stories: 1
- Exterior features: Outdoor Shower, Storage, Water Fountains, Balcony
- Pool features: Community
- Spa features: Bath
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Sandy Beach, Oceanfront, Beach Access, Swimming Allowed, Ocean
- Body of water: Atlantic
- Frontage length: Water Frontage Ft: 40
Lot
- Features: Cleared
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410764734
- Zoning: RESIDENTIAL CONDOMINIUM
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Masonry
- Foundation: Pillar/Post/Pier
- Roof: Built-Up
Condition
- Excellent
- New construction: No
- Year built: 2008
Details
- Builder model: A
- Builder name: Bovis Lendlease
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Available, Cable
Community & HOA
Community
- Features: Pool
- Security: Fire Sprinkler System, Desk in Lobby, Exterior Cameras, Main Entrance Lock, Security System, Smoke Detector(s)
- Condo and coop fee: $949 monthly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Fitness Center, Game Room, Pool, Elevator(s), Storage, Meeting Room, Party Room, Indoor Pool, Security
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Pool(s), Reserve Funds, Snow Removal
- HOA name: Gateway Grand
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $754/sqft
- Tax assessed value: $896,467
- Annual tax amount: $12,547
- Date on market: 2/21/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: See Inventory Addendum
- Exclusions: See Inventory Addendum
- Ownership: Condominium
- Total actual rent: 72385
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Sold | $1,350,000$754/sqft |
Source:  Bright MLS #MDWO2028864 Report a problem | ||
| 2/26/2025 | Contingent | $1,350,000$754/sqft |
Source: Bright MLS #MDWO2028864 Report a problem | ||
| 2/21/2025 | Listed for sale | $1,350,000+80%$754/sqft |
Source: Bright MLS #MDWO2028864 Report a problem | ||
| 8/4/2018 | Sold | $750,000-1.3%$419/sqft |
Source: Public Record Report a problem | ||
| 5/22/2018 | Price change | $759,900-3.8%$425/sqft |
Source: Condominium Realty, LTD #512714 Report a problem | ||
| 2/19/2018 | Price change | $789,900-1.3%$441/sqft |
Source: Condominium Realty, LTD #512714 Report a problem | ||
| 9/26/2017 | Listed for sale | $799,900+14.3%$447/sqft |
Source: Condominium Realty, LTD #512714 Report a problem | ||
| 2/24/2012 | Sold | $700,000-7.9%$391/sqft |
Source: Public Record Report a problem | ||
| 4/20/2009 | Sold | $759,900$425/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,048 +12% | $1,025,733 +14.4% |
| 2024 | $12,547 +16% | $896,467 +16.8% |
| 2023 | $10,814 | $767,200 |
| 2022 | $10,814 -0.2% | $767,200 |
| 2021 | $10,840 | $767,200 |
| 2020 | $10,840 -0.7% | $767,200 |
| 2019 | $10,914 +0.7% | $767,200 |
| 2018 | $10,837 -7.3% | $767,200 -7.4% |
| 2017 | $11,696 +36.7% | $828,300 +4.3% |
| 2016 | $8,554 | $794,200 +4.5% |
| 2015 | $8,554 | $760,100 +4.7% |
| 2014 | $8,554 | $726,000 +0.6% |
| 2013 | -- | $721,600 +0.6% |
| 2012 | -- | $717,200 +0.6% |
| 2011 | -- | $712,800 |
| 2010 | -- | $712,800 -24.3% |
| 2009 | -- | $941,500 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 2.8 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 7.2 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 7 mi
Schools provided by the listing agent
- District: Worcester County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 2 48th St Unit 1110
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