This 2385 square foot 4 Bedroom 3 Bathroom Residence at the Gateway Grand is a must see! One of the most impressive parts of this condominium is the oversized living room, which is one of the largest in the building. The residence features two balconies, one of which is accessible from each bedroom and the very large living room. You will appreciate the southern exposure location which provides an abundance of natural light and warmth. Many upgrades were completed in 2021 and they are still shining 4 years later. The interior of the condominium was completely repainted to include the kitchen cabinets and island. New designer appliances were also installed along with a custom tile backsplash at this time. All TVs were upgraded along with the wall art and living room sectional sofa as well. The area rugs were updated and the dining room chairs were reupholstered. In the bedrooms all linens and comforters were replaced. The Gateway Grand is one of Ocean City's newest and most spectacular luxury condominium building featuring an abundance of amenities including a heated indoor and outdoor pool, state of the art fitness center, private owners lounges, on-site property management, on-site maintenance team, gated parking garage, kids club, and so much more. Ground floor deeded storage locker #39 conveys with residence. The property is currently owner occupied, but is easy to show with notice.
Sold for $999,900
$999,900
2 48th St Unit 201, Ocean City, MD 21842
4beds
2,385sqft
Condominium
Built in 2008
-- sqft lot
$1,012,900 Zestimate®
$419/sqft
$3,323 Estimated rent
Home value
$1,012,900
$891,000 - $1.14M
$3,323/mo
Zestimate® history
Owner options
List your home for rent
$3,323/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,323/mo
Rent Zestimate®
Refinance and save
$5,936/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,936/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Southern exposure locationAbundance of natural lightTwo balconiesCustom tile backsplashNew designer appliances
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:
Mitchell David, 636139
Sheppard Realty Inc
Source: Bright MLS,MLS#: MDWO2029134
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, 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, Open Floorplan, Primary Bath(s), Soaking Tub, Bathroom - Tub Shower, 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: 1 Common Wall
Interior area
- Total structure area: 2,385
- Total interior livable area: 2,385 sqft
- Finished area above ground: 2,385
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Covered, Electric Vehicle Charging Station(s), Handicap Parking, Lighted, Driveway, Secured, Surface, Unassigned, Attached, Parking Lot
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Wrap Around
- Exterior features: Lighting, Outdoor Shower, Sidewalks, Underground Lawn Sprinkler, Balcony
- Pool features: Community
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: City, Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanblock, Beach Access, Ocean
- Body of water: Atlantic
Lot
- Features: Premium
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410763290
- 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
- Major remodel year: 2021
Details
- Builder model: C
- Builder name: Bovis Lendlease
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Public Septic
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Cable
Community & HOA
Community
- Features: Pool
- Security: Fire Sprinkler System
- Condo and coop fee: $1,292 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: $419/sqft
- Tax assessed value: $755,967
- Annual tax amount: $10,581
- Date on market: 3/5/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Fully Furnished
- Exclusions: 3) Black Barstools Computer Setup Nintendo Switch All Throw Blankets All Personal Pictures + Frames Electric Can Opener Immersion Blender Mini Blender Hand Mixer Tupperware Cocktail Kit Bath + Beach Towels
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2025 | Sold | $999,900-6.6%$419/sqft |
Source:  Bright MLS #MDWO2029134 Report a problem | ||
| 7/10/2025 | Contingent | $1,070,000$449/sqft |
Source: Bright MLS #MDWO2029134 Report a problem | ||
| 6/24/2025 | Price change | $1,070,000-2.6%$449/sqft |
Source: Bright MLS #MDWO2029134 Report a problem | ||
| 4/26/2025 | Price change | $1,099,000-4.4%$461/sqft |
Source: Bright MLS #MDWO2029134 Report a problem | ||
| 4/5/2025 | Price change | $1,149,000-4.2%$482/sqft |
Source: Bright MLS #MDWO2029134 Report a problem | ||
| 3/24/2025 | Price change | $1,199,000-4.1%$503/sqft |
Source: Bright MLS #MDWO2029134 Report a problem | ||
| 3/5/2025 | Listed for sale | $1,250,000$524/sqft |
Source: Bright MLS #MDWO2029134 Report a problem | ||
| 2/2/2024 | Listing removed | -- |
Source: Bright MLS #MDWO2015778 Report a problem | ||
| 8/15/2023 | Listed for sale | $1,250,000+13.6%$524/sqft |
Source: Bright MLS #MDWO2015778 Report a problem | ||
| 3/31/2023 | Listing removed | $1,099,900$461/sqft |
Source: Bright MLS #MDWO2011176 Report a problem | ||
| 2/7/2023 | Price change | $1,099,900-4.3%$461/sqft |
Source: Bright MLS #MDWO2011176 Report a problem | ||
| 11/10/2022 | Listed for sale | $1,149,900$482/sqft |
Source: Bright MLS #MDWO2011176 Report a problem | ||
| 11/7/2022 | Listing removed | $1,149,900$482/sqft |
Source: Bright MLS #MDWO2009722 Report a problem | ||
| 10/28/2022 | Price change | $1,149,900-4.2%$482/sqft |
Source: Bright MLS #MDWO2009722 Report a problem | ||
| 10/6/2022 | Price change | $1,199,900-4%$503/sqft |
Source: Bright MLS #MDWO2009722 Report a problem | ||
| 8/16/2022 | Listed for sale | $1,250,000+45.3%$524/sqft |
Source: Bright MLS #MDWO2009722 Report a problem | ||
| 6/11/2021 | Sold | $860,000-10.4%$361/sqft |
Source: Public Record Report a problem | ||
| 1/4/2016 | Listing removed | $960,000$403/sqft |
Source: Condominium Realty, LTD #498238 Report a problem | ||
| 12/1/2015 | Listed for sale | $960,000-4%$403/sqft |
Source: Condominium Realty, LTD #498238 Report a problem | ||
| 9/30/2008 | Sold | $999,900$419/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,878 +2.8% | $794,233 +5.1% |
| 2024 | $10,581 +4.6% | $755,967 +5.3% |
| 2023 | $10,117 | $717,700 |
| 2022 | $10,117 -0.2% | $717,700 |
| 2021 | $10,140 | $717,700 |
| 2020 | $10,140 -0.7% | $717,700 |
| 2019 | $10,210 +0.7% | $717,700 |
| 2018 | $10,138 -1.8% | $717,700 -1.8% |
| 2017 | $10,325 +31.4% | $731,200 +2.1% |
| 2016 | $7,856 | $716,200 +2.1% |
| 2015 | $7,856 | $701,200 +2.2% |
| 2014 | $7,856 | $686,200 +1.6% |
| 2013 | -- | $675,700 +1.6% |
| 2012 | -- | $665,200 +1.6% |
| 2011 | -- | $654,700 0% |
| 2010 | -- | $654,750 -23.5% |
| 2009 | -- | $855,750 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby homes
- $2,000,0004 bd3 ba2.2k sqft2 48th St UNIT 1706, Ocean City, MD 21842Sold
- $1,456,0003 bd3 ba1.8k sqft2 48th St UNIT 1207, Ocean City, MD 21842Sold
- $1,455,0003 bd3 ba1.6k sqft2 48th St UNIT 911, Ocean City, MD 21842Sold
- $1,299,0003 bd3 ba1.7k sqft2 48th St UNIT 1602, Ocean City, MD 21842Sold
- $949,0003 bd3 ba1.7k sqft2 48th St UNIT 214, Ocean City, MD 21842For Sale
- $1,099,0003 bd3 ba1.7k sqft2 48th St UNIT 402, Ocean City, MD 21842For Sale
- $1,293,5003 bd3 ba1.7k sqft2 48th St UNIT 1404, Ocean City, MD 21842Sold
- $1,160,0003 bd3 ba1.7k sqft2 48th St UNIT 908, Ocean City, MD 21842Sold
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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,012,900
2% more
+$20,258
With Zillow Showcase(estimated)
$1,033,158
- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 2 48th St Unit 201
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Ocean City Topics
