The only direct oceanfront residence currently available at the luxurious Gateway Grand in Ocean City, MD! This pristine 3-bedroom 3-bathroom AA-Style condo has never been rented by the current owner who is the original owner. The floorplan offers spectacular ocean views from the great room and the primary bedroom. You will appreciate all of the upgrades made to this home. New Quartz countertops were just installed in the kitchen along with a ceramic tile backsplash as well as Quartz in the desk and foyer areas. New Quartz countertops and sinks were also just installed in the primary bathroom. The condo was designer furnished and features professional automated lighting and beautiful window treatments. The primary bedroom closets have upgraded custom closet organizers as well. Enjoy the lux beach life at the Gateway Grand an amenity filled property with on-site professional property management, accessible maintenance team, custodial staff, and security. The building features an outdoor heated pool, indoor heated pool, kid's club activity room, fitness center, glamorous lobby and lounges, secure access parking garage, and extra surface parking lot. Ground floor deeded storage locker #27 conveys with this residence.
Sold for $1,456,000
$1,456,000
2 48th St Unit 1207, Ocean City, MD 21842
3beds
1,806sqft
Condominium
Built in 2008
-- sqft lot
$1,456,300 Zestimate®
$806/sqft
$2,471 Estimated rent
Home value
$1,456,300
$1.33M - $1.60M
$2,471/mo
Zestimate® history
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List your homeWhat's special
Direct oceanfront residenceOutdoor heated poolProfessional automated lightingIndoor heated poolExtra surface parking lotSecure access parking garageBeautiful window treatments
Zillow last checked:
Listing updated:
Listed by:
Jon 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:
Craig R. Lynch, RS-0038638
Berkshire Hathaway HomeServices PenFed Realty - OP
Source: Bright MLS,MLS#: MDWO2038446
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, Other, Electric
Cooling
- Central Air, Electric, Other
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Stainless Steel Appliance(s), Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Ceiling Fan(s), Walk-In Closet(s), Bathroom - Tub Shower, Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Crown Molding, Elevator, Entry Level Bedroom, Flat, Open Floorplan, Eat-in Kitchen, Kitchen Island, Pantry, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Upgraded Countertops, 9'+ Ceilings, Dry Wall
- Flooring: Carpet, Tile/Brick
- 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: 1,806
- Total interior livable area: 1,806 sqft
- Finished area above ground: 1,806
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered, Electric Vehicle Charging Station(s), Handicap Parking, Lighted, Secured, Unassigned, Off Street, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed, Low Pile Carpeting, Doors - Lever Handle(s), Doors - Swing In
Features
- Levels: One
- Stories: 1
- Exterior features: Outdoor Shower, Other, Balcony
- Pool features: Community
- Has spa: Yes
- 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: 20
Lot
- Features: Cleared
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410764831
- 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,Flat
Condition
- Excellent
- New construction: No
- Year built: 2008
Details
- 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: $1,002 monthly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Beach Club, Fitness Center, Game Room, Indoor Pool, Pool, Security, Elevator(s), Meeting Room, Party Room
- Services included: Cable TV, Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Management, Pool(s), Reserve Funds, Snow Removal, Water
- HOA name: Gateway Grand
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $806/sqft
- Tax assessed value: $1,155,000
- Annual tax amount: $14,048
- Date on market: 5/11/2026
- Listing agreement: Exclusive Right To Sell
- Inclusions: All Furnishings
- Exclusions: See Inventory Addendum
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Sold | $1,456,000+0.4%$806/sqft |
Source:  Bright MLS #MDWO2038446 Report a problem | ||
| 5/21/2026 | Contingent | $1,450,000$803/sqft |
Source: Bright MLS #MDWO2038446 Report a problem | ||
| 5/11/2026 | Listed for sale | $1,450,000+72.8%$803/sqft |
Source: Bright MLS #MDWO2038446 Report a problem | ||
| 8/16/2011 | Sold | $839,000$465/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 +35% | $828,300 +3.9% |
| 2016 | $8,666 | $797,400 +4% |
| 2015 | $8,666 | $766,500 +4.2% |
| 2014 | $8,666 | $735,600 +0.6% |
| 2013 | -- | $731,133 +0.6% |
| 2012 | -- | $726,667 +0.6% |
| 2011 | -- | $722,200 -10.8% |
| 2010 | -- | $809,240 -14.5% |
| 2009 | -- | $946,853 |
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 1207
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