Step into the extraordinary world of beachfront luxury with The Gateway Grand Residence #1204! This stunning southern-exposure beach-home promises an unparalleled living experience with breathtaking panoramic views of the Ocean, Bay, and City Skyline – a sight unlike any other in all of Ocean City. Prepare to be captivated as you enter this fabulous abode, where a warm and inviting design welcomes you with open arms. The popular "F-Style floorplan" ensures a wide-open layout, drenching the space in abundant natural light, setting the perfect ambiance for relaxation and enjoyment with impressive sunrise to sunset views. Unlike many other properties, this home comes with an impressive list of upgrades that will leave you amazed. The homeowner, who has never rented out the property, spared no expense in making this residence truly exceptional. Smart-Home Automation brings modern convenience to your fingertips, while upgraded under cabinet and cabinet-base lighting adds a touch of elegance to every corner. The luxurious kitchen includes rich cherry cabinets and stainless steel appliances including a convenient wine fridge. Get ready for an unmatched entertainment experience with upgraded A/V equipment, perfect for creating unforgettable moments with family and friends. Let's not forget the custom closet organizers in every closet, ensuring your belongings are impeccably arranged. In addition, the Gateway Grand Condominium offers a lifestyle beyond compare, making it the ultimate destination for beachfront luxury. Immerse yourself in a realm of opulence with features that include heated indoor and outdoor pools – so you can enjoy a refreshing dip no matter the weather. The quality of construction is unparalleled, showcasing the finest craftsmanship throughout. Staying fit is a breeze with the state-of-the-art fitness center, while on-site management ensures the building is always well taken care of for you and your guests. For added peace of mind, the gated parking garage and deeded storage lockers make storage and security a breeze. But the crown jewel is the 250-foot private sundeck, a personal paradise where you can bask in the sun's warm embrace while savoring breathtaking views of the surroundings. When you dream of Grand-Living at the beach, this is it – look no further than The Gateway Grand Residence #1204. Whether you seek a full-time residence or a luxurious vacation retreat, this property is the epitome of coastal living at its finest. Ground floor deeded storage locker #54 conveys with residence. Schedule a private showing today, and let this captivating beach-home sweep you off your feet!
Sold for $1,150,000
$1,150,000
2 48th St Unit 1204, Ocean City, MD 21842
3beds
1,790sqft
Condominium
Built in 2008
-- sqft lot
$1,253,400 Zestimate®
$642/sqft
$2,774 Estimated rent
Home value
$1,253,400
$1.17M - $1.35M
$2,774/mo
Zestimate® history
Owner options
List your home for rent
$2,774/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,774/mo
Rent Zestimate®
Refinance and save
$5,590/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,590/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Outdoor poolsHeated indoorSmart-home automationGated parking garageAbundant natural lightModern convenienceCustom closet organizers
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:
Billy Barr
Keller Williams Realty Delmarva
Source: Bright MLS,MLS#: MDWO2015328
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Molding, Dining Area, Entry Level Bedroom, Open Floorplan, Primary Bath(s), Soaking Tub, Bathroom - Tub Shower, Dry Wall
- Flooring: Carpet, Ceramic Tile
- Doors: Insulated, 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, Driveway, Secured, Surface, Unassigned, Attached, Parking Lot
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Outdoor Shower, Sidewalks, Underground Lawn Sprinkler, Balcony
- Pool features: Community
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Bay, City, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
- Waterfront features: Sandy Beach, Oceanfront, Swimming Allowed, Ocean
- Body of water: Atlantic
- Frontage length: Water Frontage Ft: 20
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410764807
- Zoning: RESIDENTIAL CONDOMINIUM
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Metal Siding
- Foundation: Pillar/Post/Pier
- Roof: Flat
Condition
- Excellent
- New construction: No
- Year built: 2008
Details
- Builder model: F
- Builder name: Bovis Lendlease
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Cable
Community & HOA
Community
- Features: Pool
- Security: Fire Sprinkler System
- Condo and coop fee: $808 monthly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Common Grounds, Elevator(s), Fitness Center, Game Room, Meeting Room, Party Room, Indoor Pool, Pool
- Services included: Common Area Maintenance, Maintenance Structure, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water
- HOA name: Gateway Grand
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $642/sqft
- Tax assessed value: $759,000
- Annual tax amount: $10,699
- Date on market: 7/27/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Fully Furnished
- Exclusions: Personal Items, Photos And Accessories. Any Items In Closets, Cabinets, Drawers.
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $1,150,000-4.2%$642/sqft |
Source:  Bright MLS #MDWO2015328 Report a problem | ||
| 11/20/2023 | Contingent | $1,200,000$670/sqft |
Source: Bright MLS #MDWO2015328 Report a problem | ||
| 7/27/2023 | Listed for sale | $1,200,000+89%$670/sqft |
Source: Bright MLS #MDWO2015328 Report a problem | ||
| 6/14/2011 | Sold | $635,000-6.6%$355/sqft |
Source: Public Record Report a problem | ||
| 6/26/2009 | Sold | $679,900$380/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,463 +13.9% | $1,056,000 +16.4% |
| 2024 | $12,701 +18.7% | $907,500 +19.6% |
| 2023 | $10,699 | $759,000 |
| 2022 | $10,699 -0.2% | $759,000 |
| 2021 | $10,724 | $759,000 |
| 2020 | $10,724 -0.6% | $759,000 |
| 2019 | $10,789 +0.8% | $759,000 +0.1% |
| 2018 | $10,706 +0.1% | $757,867 +0.1% |
| 2017 | $10,693 +40.6% | $757,300 +7.3% |
| 2016 | $7,603 | $705,600 +7.9% |
| 2015 | $7,603 | $653,900 +8.6% |
| 2014 | $7,603 | $602,200 |
| 2013 | -- | $602,200 |
| 2012 | -- | $602,200 -5% |
| 2011 | -- | $633,600 |
| 2010 | -- | $633,600 -25.1% |
| 2009 | -- | $846,250 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby homes
- $999,9004 bd3 ba2.3k sqft2 48th St UNIT 201, Ocean City, MD 21842Sold
- $2,000,0004 bd3 ba2.2k sqft2 48th St UNIT 1706, Ocean City, MD 21842Sold
- $1,456,0003 bd3 ba1.8k sqft2 48th St UNIT 1207, Ocean City, MD 21842Sold
- $1,455,0003 bd3 ba1.6k sqft2 48th St UNIT 911, Ocean City, MD 21842Sold
- $1,299,0003 bd3 ba1.7k sqft2 48th St UNIT 1602, Ocean City, MD 21842Sold
- $949,0003 bd3 ba1.7k sqft2 48th St UNIT 214, Ocean City, MD 21842For Sale
- $1,099,0003 bd3 ba1.7k sqft2 48th St UNIT 402, Ocean City, MD 21842For Sale
- $1,293,5003 bd3 ba1.7k sqft2 48th St UNIT 1404, Ocean City, MD 21842Sold
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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,253,400
2% more
+$25,068
With Zillow Showcase(estimated)
$1,278,468
- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 2 48th St Unit 1204
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Ocean City Topics
