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For sale
    • $1,275,000

    2 48th St Unit 1402, Ocean City, MD 21842

    3beds
    1,650sqft
    : 
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    Condominium
    Built in 2008
    -- sqft lot
    $1,204,400 Zestimate®
    $773/sqft
    $921/mo HOA

    What's special

    Large oceanfront sundeckFully furnished and equippedElegant finishesYear-round heated indoor poolStainless steel appliancesLarge heated outdoor poolGranite countertops
    Experience the most breathtaking views of the ocean, bay, and city skyline from this spectacular 14th-floor condominium in The Gateway Grand, Ocean City’s premier luxury residence. From sunrise over the ocean to sunsets over the bay and the sparkling city lights at night, the views are endless and unforgettable. This 3-bedroom, 3-bath floor plan allows for the master bedroom to access the incredible vistas. This residence is offered fully furnished and equipped, and includes a strong rental history—making it ideal as a vacation home or investment property. The gourmet kitchen features granite countertops, upgraded cabinetry, beautiful tile flooring, and stainless steel appliances. Elegant finishes and an open floor plan create a seamless blend of comfort and sophistication. Residents of The Gateway Grand enjoy world-class amenities, including: Year-round heated indoor pool and a large heated outdoor pool, 24-hour fitness center, kids club room, Large Oceanfront sundeck , Two reserved parking spaces and a large deeded storage locker, Secure building access with a staffed front desk, evening security, and camera monitoring of all amenities and the parking garage. This luxurious condo perfectly combines coastal living with resort-style comfort—offering both tranquility and convenience in one of Ocean City’s most sought-after locations.
    9 days
    |
    485
    |
    14
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tony Golden 443-783-0249,

    Berkshire Hathaway HomeServices PenFed Realty 4105247000,

    Co-Listing Agent: Alexander Piela 410-289-2539,

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: MDWO2039638MLS Logo

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      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: Dishwasher, Disposal, Dryer, Refrigerator, Microwave, Exhaust Fan, Washer, Water Heater, Electric Water Heater
      • Laundry: In Unit
      Features
      • Ceiling Fan(s), Elevator, Walk-In Closet(s), Combination Kitchen/Dining, Flat, Floor Plan - Traditional
      • Flooring: Carpet, Ceramic Tile
      • Windows: Insulated Windows, Screens, Window Treatments
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,650
      • Total interior livable area: 1,650 sqft
      • Finished area above ground: 1,650
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered, Off Street, Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Lighting, Play Area, Storage, Balcony
      • Pool features: Community
      • Has view: Yes
      • View description: Ocean, Bay, Panoramic
      • Has water view: Yes
      • Water view: Ocean,Bay
      • Waterfront features: Oceanfront, Ocean
      • Frontage length: Water Frontage Ft: 100
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410764920
      • Zoning: R
      • Special conditions: Standard

      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

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Features: Pool
      • Security: Fire Sprinkler System
      • Condo and coop fee: $921 monthly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: Beach Club, Fitness Center, Game Room, Indoor Pool, Pool, Security
      • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Pool(s), Reserve Funds, Water
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $773/sqft
      • Tax assessed value: $907,500
      • Annual tax amount: $12,701
      • Date on market: 7/8/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Conventional
      • Inclusions: Furniture, Electronics Etc.
      • Exclusions: Items In Owners Closets And Storage Lockers.
      • Ownership: Condominium

        Estimated market value

        $1,204,400

        $1.14M - $1.26M

        $2,698/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$1,275,000$773/sqft
        Source: Bright MLS #MDWO2039638 Report a problem
        6/1/2026Listing removed$1,275,000$773/sqft
        Source: Bright MLS #MDWO2034434 Report a problem
        2/27/2026Price change$1,275,000-3.8%$773/sqft
        Source: Bright MLS #MDWO2034434 Report a problem
        10/31/2025Listed for sale$1,325,000+6%$803/sqft
        Source: Bright MLS #MDWO2034434 Report a problem
        6/1/2025Listing removed$1,250,000$758/sqft
        Source: Bright MLS #MDWO2029108 Report a problem
        3/28/2025Price change$1,250,000-3.8%$758/sqft
        Source: Bright MLS #MDWO2029108 Report a problem
        3/6/2025Listed for sale$1,299,900+53.8%$788/sqft
        Source: Bright MLS #MDWO2029108 Report a problem
        3/23/2021Sold$845,000+20.7%$512/sqft
        Source: Public Record Report a problem
        8/27/2009Sold$699,900$424/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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 +59.2%$757,300 +7.3%
        2016$6,719 $705,600 +7.9%
        2015$6,719 $653,900 +8.6%
        2014$6,719 $602,200 +2.4%
        2013-- $588,100 +2.5%
        2012-- $574,000 +2.5%
        2011-- $559,900 -11.6%
        2010-- $633,600 -25.1%
        2009-- $845,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Midtown

        Getting around

        45 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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