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For sale
  • $1,299,000

    2 48th St Unit 1405, Ocean City, MD 21842

    3beds
    1,650sqft
    : 
    $9,647/mo
    Get pre-qualified
    Condominium
    Built in 2008
    -- sqft lot
    $1,261,300 Zestimate®
    $787/sqft
    $982/mo HOA

    What's special

    Oceanfront condoOutstanding move-in-ready conditionExceptionally well cared forGated parkingHigh-floor south-side residenceMultiple beach access pointsThree bedrooms
    Everyone says they want an oceanfront condo, until they realize there might be an even Better View.  (Yes...Really!) --- Traditional oceanfront condos are incredible. They put you directly in front of the Atlantic Ocean. But they also limit your perspective.   You get an incredible view that's limited to a small stretch immediately in front of you.    Gateway Grand #1405 offers a different approach that expands your view by ten-fold. From this high-floor, south-side residence, you're not simply looking at the ocean... you're looking at an entire coastline. More than 30 blocks of Atlantic Ocean stretch into the distance, joined by panoramic views of the bay, the Ocean City skyline, and even Assateague Island.  You'll enjoy the full spectrum of sunrise, to sunset, all from one viewpoint.... and even after the sunset, your views arguably get better still!  The lights of the city skyline providing an somewhat mesmerizing scene that you can't look away from!   It's one of those properties that makes people stop talking the moment they walk through the front door.   It's unexpected and impossible to describe until you see it for yourself.   The sought-after A-Style floorplan places the primary suite at the front of the residence, allowing you to wake up to those same sweeping ocean and bay views each morning. With three bedrooms, three full bathrooms, and one of Gateway Grand's most desirable layouts, the floorplan is equally comfortable for everyday living, entertaining family and friends, or generating exceptional rental income should you ever decide to share it. The residence has been exceptionally well cared for, remains in outstanding move-in-ready condition, and gives the next owner the freedom to enjoy it immediately while making future design decisions on their own timeline. It's a blank canvas, offering you the freedom to make it whatever you want, without the necessity to do anything until you decide to.    And then there's The Gateway Grand itself.   The building that every oceanfront buyer should be aware of, and is probably already at the  top of your list. Widely recognized as one of Ocean City's premier luxury condominiums, Gateway Grand has built its reputation on exceptional construction, outstanding management, financial stability, and an ownership experience that continues to set the standard for oceanfront living. Owners enjoy indoor and outdoor heated pools, a state-of-the-art fitness center, owner's lounge, children's activity room, secure lobby, gated parking, private beach lockers, multiple beach access points, and professional on-site management by one of the area's most respected teams. But perhaps the greatest luxury isn't found inside the building, or within it's amenities.   It's confidence.....Confidence in the building....Confidence in the association.... Confidence in the long-term ownership experience. And confidence that you're buying into one of Ocean City's most respected addresses. Located in the quiet stretch of mid-town Ocean City, you're just moments from outstanding restaurants, shopping, coffee shops, parks, and the world famous OC Boardwalk, while still enjoying the quieter atmosphere that continues to make this section of town one of the most sought-after locations on the coast. Some oceanfront properties offer you an ocean view. Gateway Grand #1405 gives you perspective. And once you've experienced the difference... it's surprisingly difficult to settle for anything less.
    29 days
    |
    460
    |
    22
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Grant Fritschle 410-430-5880,

    Keller Williams Realty Delmarva 4105246400,

    Listing Team: The Fritschle Barker Group, Co-Listing Team: The Fritschle Barker Group,Co-Listing Agent: Jonathan M Barker 410-935-3810,

    Keller Williams Realty Delmarva

    Source: Bright MLS,MLS#: MDWO2039330MLS 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, Ceiling Fan(s), Electric
      Appliances
      • Included: Microwave, Dishwasher, Dryer, Oven/Range - Electric, Washer, Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Ceiling Fan(s), Crown Molding, Entry Level Bedroom, Walk-In Closet(s), Open Floorplan, Kitchen Island
      • Flooring: Carpet, Tile/Brick
      • 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: 1,650
      • 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, Electric Vehicle Charging Station(s), Handicap Parking, Lighted, Paved, Secured, Unassigned, Attached, Parking Lot
      • Attached garage spaces: 2
      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
      • On waterfront: Yes
      • Waterfront features: Sandy Beach, Ocean
      • Body of water: Atlantic
      • Frontage length: Water Frontage Ft: 30
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410764955
      • Zoning: RESIDENTIAL CONDOMINIUM
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete, Metal Siding
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 2008
      Details
      • Builder model: A
      • Builder name: Bovis Lendlease

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Pool
      • Security: Fire Sprinkler System
      • Condo and coop fee: $982 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: $787/sqft
      • Tax assessed value: $1,204,500
      • Annual tax amount: $14,463
      • Date on market: 6/26/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: See Inventory Addendum
      • Exclusions: See Inventory Addendum
      • Ownership: Condominium

        Estimated market value

        $1,261,300

        $1.20M - $1.32M

        $2,471/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$1,299,000+29.9%$787/sqft
        Source: Bright MLS #MDWO2039330 Report a problem
        1/31/2022Sold$1,000,000+0%$606/sqft
        Source: Bright MLS #MDWO2003692 Report a problem
        1/7/2022Pending sale$999,755$606/sqft
        Source: Bright MLS #MDWO2003692 Report a problem
        1/6/2022Listed for sale$999,755+47%$606/sqft
        Source: Bright MLS #MDWO2003692 Report a problem
        6/2/2009Sold$679,900$412/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

        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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