Professional Photography Coming Soon! The views from this residence at the Gateway Grand are absolutely breathtaking! Take in the panoramic views of the Ocean, City Skyline, and Bay perched on the 15th floor of this luxury high rise condominium building in Ocean City, Maryland. This traditional floorplan features 3 bedrooms with each having access to an attached bathroom. The primary suite has access to the balcony and an oversized glass window allowing you to wake up to the sunrise over the ocean. This property truly shows like it has barely been used in its short 16-year lifetime. Delivering fully furnished with a brief exclusion list you will be ready to enjoy all that Summer of 2024 has to offer with little effort to do so. The Gateway Grand has an abundance of amenities including a year-round heated indoor pool, seasonally heated outdoor pool, a 24-hour fitness center, kids club room, and beach storage. You will adore the peace of mind offered by this secure access building that includes security cameras through the amenities and even in the parking garage. The front desk is staffed, and security is present in the evenings. The midtown location offers ease of access to multiple restaurants and entertainment. Coming on the market as soon as professional photography is taken. Deeded storage locker 171 conveys at time of settlement.
Sold for $1,299,000
$1,299,000
2 48th St Unit 1502, Ocean City, MD 21842
3beds
1,790sqft
Condominium
Built in 2008
-- sqft lot
$1,351,000 Zestimate®
$726/sqft
$2,774 Estimated rent
Home value
$1,351,000
$1.26M - $1.45M
$2,774/mo
Zestimate® history
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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:
Suzanne Macnab, 95214
RE/MAX Advantage Realty
Source: Bright MLS,MLS#: MDWO2020736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Freezer, 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, Flat, Open Floorplan, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), 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: Oceanblock, Ocean
- Body of water: Atlantic
Lot
- Features: Premium
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410765072
- Zoning: RESIDENTIAL
- Zoning description: 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: A
- 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: Desk in Lobby, Fire Sprinkler System
- Condo and coop fee: $922 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: $726/sqft
- Tax assessed value: $759,000
- Annual tax amount: $10,699
- Date on market: 5/3/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: See Inventory Addendum
- Exclusions: See Inventory Addendum. Excluded Items Include 1 Dyson Vacuum, All Amazon Echo Dots, Umbrella And Chairs In Storage Locker, And All Towels. Some Personal Items, Photos, And Accessories Located In Closets, Cabinets, And Drawers In The Condo.
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2024 | Sold | $1,299,000$726/sqft |
Source:  Bright MLS #MDWO2020736 Report a problem | ||
| 5/4/2024 | Pending sale | $1,299,000+35.3%$726/sqft |
Source: Bright MLS #MDWO2020736 Report a problem | ||
| 3/30/2023 | Listing removed | -- |
Source: Bright MLS #MDWO120166 Report a problem | ||
| 7/19/2021 | Sold | $960,000+11.5%$536/sqft |
Source: Bright MLS #MDWO2000290 Report a problem | ||
| 4/13/2021 | Sold | $861,000+0.1%$481/sqft |
Source: Public Record Report a problem | ||
| 3/9/2021 | Pending sale | $860,000$480/sqft |
Source: Bright MLS #MDWO120166 Report a problem | ||
| 2/20/2021 | Listed for sale | $860,000+14.7%$480/sqft |
Source: Bright MLS #MDWO120166 Report a problem | ||
| 3/29/2012 | Sold | $750,000$419/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 +59.2% | $757,300 +7.3% |
| 2016 | $6,718 | $705,600 +7.9% |
| 2015 | $6,718 | $653,900 +8.6% |
| 2014 | $6,718 | $602,200 +2.4% |
| 2013 | -- | $588,067 +2.5% |
| 2012 | -- | $573,933 +2.5% |
| 2011 | -- | $559,800 -11.6% |
| 2010 | -- | $633,600 -25.1% |
| 2009 | -- | $845,700 |
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 1502
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