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Sold for $1,293,500
  • $1,293,500

    2 48th St Unit 1404, Ocean City, MD 21842

    3beds
    1,790sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,312,600 Zestimate®
    $723/sqft
    $2,774 Estimated rent

    Home value

    $1,312,600

    $1.17M - $1.48M

    $2,774/mo

    Zestimate® history
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    What's special

    Thoughtfully updated light fixturesStunning south side residenceMetallic tile backsplashPanoramic sweeping views
    Offered fully furnished, this stunning south side residence at the Gateway Grand was never rented by the current owners which is reflected by its superior condition! The views from this 3 bedroom 3 bathroom residence are astounding! Panoramic sweeping views from the Assawoman Bay to the Atlantic Ocean provide an everchanging landscape for the owner's enjoyment! From the metallic tile backsplash in the kitchen to the thoughtfully updated light fixtures you will appreciate not having to do any upgrades yourself. Delivering Fully furnished you can start enjoying all that Ocean City and The Gateway Grand have to offer right away! The Gateway Grand is one of the area's most luxurious condominium complexes with an abundance of amenities including heated indoor and outdoor pools, a state of the art 24/hour fitness center, kids club room with games for all ages, owner's lounges, parking garage with electric car chargers, and management on site daily as well as security on site in the evenings. In addition, the building has its very own maintenance team that maintains the common areas of the building but can also be hired to work inside the residences conveniently through management. Also included is a deeded beach storage locker, #151 on the Mezzanine Level.

    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:

    Nancy Reither, 585133

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: MDWO2032460MLS Logo

    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, Microwave, Oven/Range - Electric, Ice Maker, Refrigerator, Washer, Water Heater
    • Laundry: Main Level, In Unit
    Features
    • Entry Level Bedroom, Ceiling Fan(s), Crown Molding, Upgraded Countertops, Walk-In Closet(s), Wine Storage, Dry Wall, 9'+ Ceilings
    • Flooring: Ceramic Tile, Carpet, Marble
    • 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, Handicap Parking, Lighted, Private, Secured, Electric Vehicle Charging Station(s), Off Street, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Outdoor Shower, Lighting, Sidewalks, Street Lights, Water Fountains, Balcony
    • Pool features: Community
    • Spa features: Bath
    • Has view: Yes
    • View description: Ocean, Water, Bay, City
    • Has water view: Yes
    • Water view: Ocean,Water,Bay
    • Waterfront features: Sandy Beach, Oceanfront, Beach Access, Ocean
    • Body of water: Atlantic Ocean
    • Frontage length: Water Frontage Ft: 30
    Lot
    • Features: Cleared
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410764947
    • Zoning: R3
    • 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
    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: $949 monthly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Fitness Center, Game Room, Indoor Pool, Pool, Common Grounds, Elevator(s), Meeting Room, Party Room, Security
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Reserve Funds, Snow Removal, Water
    • HOA name: Gateway Grand
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $723/sqft
    • Tax assessed value: $1,056,000
    • Annual tax amount: $12,701
    • Date on market: 8/6/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Inclusions: Fully Furnished
    • Exclusions: Personal Items In Closets, Cabinets, And Drawers As Well As The Wicker Chairs And Table On Balcony, Wicker Baskets On Table In Kitchen (3), Step Ladder In Laundry Room, Canvas Print On Wall In Hallway, And Kerig Machine In Kitchen.
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/3/2025Sold$1,293,500-2.7%$723/sqft
    Source: Bright MLS #MDWO2032460 Report a problem
    10/9/2025Contingent$1,329,000$742/sqft
    Source: Bright MLS #MDWO2032460 Report a problem
    8/6/2025Listed for sale$1,329,000+68.2%$742/sqft
    Source: Bright MLS #MDWO2032460 Report a problem
    10/11/2018Sold$790,000-4.8%$441/sqft
    Source: Public Record Report a problem
    7/21/2018Price change$829,900-2.4%$464/sqft
    Source: Condominium Realty LTD #1001559680 Report a problem
    9/25/2017Listed for sale$849,900+26.9%$475/sqft
    Source: Condominium Realty, LTD #512702 Report a problem
    4/20/2009Sold$669,900$374/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 +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 schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ocean City
    • Middle: Stephen Decatur
    • High: Stephen Decatur
    • 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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