Club Level Residence 1602 is now available! A 3 bedroom 3 Bathroom 1790 square foot residence featuring some of the most astounding views of Ocean City, Maryland and beyond. This heavily upgraded space boasts custom millwork throughout, Luxury Vinyl Plank flooring in the kitchen, dining, and living areas, upgraded carpet in the bedrooms, and upgraded light fixtures. In addition, the furniture features coastal chic fabrics and woods. This light filled southern exposure condo will dazzle the occupants from sunrise to sunset with views of the Ocean, Ocean City Skyline, and Bay. Featuring an extremely efficient water source heat pump and on demand hot water you will be amazed at your low utility cost. This property is not currently a rental, but could produce over $60,000 in gross rental income as a weekly rental investment property. The Gateway Grand is one of Ocean City's newest and most prestigious condominium buildings. With on-site property management and the ability to hire on-site property maintenance staff for projects to be completed within your residence, owning and maintaining property at the beach could not be any more convenient. Enjoy the heated seasonal outdoor pool, year-round heated indoor pool, fully equipped fitness center featuring a view of the ocean, kid's club room, and multiple owner lounges. This residence is allotted 2 spaces in the parking garage which features two elevators, electric car chargers, and a covered bridge to the building. Come see what luxury looks like on Maryland's Eastern Shore! Residence conveys with deeded storage locker #173.
Sold for $1,299,000
$1,299,000
2 48th St Unit 1602, Ocean City, MD 21842
3beds
1,790sqft
Condominium
Built in 2008
-- sqft lot
$1,279,300 Zestimate®
$726/sqft
$2,774 Estimated rent
Home value
$1,279,300
$1.22M - $1.34M
$2,774/mo
Zestimate® history
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List your homeWhat's special
Custom millwork throughoutYear-round heated indoor poolUpgraded light fixturesMultiple owner loungesElectric car chargersHeated seasonal outdoor poolOn demand hot water
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:
Maddie Holloway
Coldwell Banker Realty
Source: Bright MLS,MLS#: MDWO2037478
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: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, Main Level, In Unit
Features
- Crown Molding, Entry Level Bedroom, Upgraded Countertops, Walk-In Closet(s), Wine Storage, Dry Wall
- Flooring: Carpet
- 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, Paved, Secured, Surface, 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
- Spa features: Bath
- Has view: Yes
- View description: Bay, City, Ocean, Panoramic
- Has water view: Yes
- Water view: Bay,Ocean
- Waterfront features: Sandy Beach, Oceanblock, Ocean
- Body of water: Atlantic
- Frontage length: Water Frontage Ft: 30
Lot
- Features: Cleared
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410765218
- Zoning: 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
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: $726/sqft
- Tax assessed value: $1,204,500
- Annual tax amount: $14,463
- Date on market: 4/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Fully Furnished
- Exclusions: See Inventory Addendum For List Of Exclusions. Furnishings Convey As A Convenience.
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $1,299,000-4.4%$726/sqft |
Source:  Bright MLS #MDWO2037478 Report a problem | ||
| 6/7/2026 | Contingent | $1,359,000$759/sqft |
Source: Bright MLS #MDWO2037478 Report a problem | ||
| 4/4/2026 | Listed for sale | $1,359,000+13.3%$759/sqft |
Source: Bright MLS #MDWO2037478 Report a problem | ||
| 8/27/2021 | Sold | $1,199,900$670/sqft |
Source: Bright MLS #MDWO2000654 Report a problem | ||
| 7/25/2021 | Contingent | $1,199,900$670/sqft |
Source: Bright MLS #MDWO2000654 Report a problem | ||
| 7/16/2021 | Listed for sale | $1,199,900+47.2%$670/sqft |
Source: Bright MLS #MDWO2000654 Report a problem | ||
| 11/13/2013 | Sold | $815,000$455/sqft |
Source: Agent Provided 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 1602
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