New price: $960,000 — currently the lowest-priced available residence at The Gateway Grand. This furnished 3-bedroom, 3-bath, 1,790 sq. ft. residence is a standout value in Ocean City’s premier oceanfront condominium building — priced for today’s ocean-view buyer, not direct-oceanfront pricing. Enjoy ocean and bay views from the private balcony, an open coastal floor plan, 9-ft. ceilings, gourmet kitchen, spacious living/dining areas, and the convenience of two parking spaces in the gated garage. The Gateway Grand lifestyle includes indoor and outdoor pools, fitness center with Atlantic views, owners’ lounges, kids’ club room, climate-controlled beach storage, outdoor showers, management, maintenance, security, and EV chargers. Seller is offering one full year of condo fees paid at settlement with an acceptable offer. A rare under-$1M opportunity in The Gateway Grand — schedule your showing today.
For sale
Price cut: $11K (6/16)
$949,000
2 48th St Unit 214, Ocean City, MD 21842
3beds
1,790sqft
Condominium
Built in 2008
-- sqft lot
$-- Zestimate®
$530/sqft
$949/mo HOA
What's special
Indoor and outdoor poolsOutdoor showersGourmet kitchenOpen coastal floor plan
- 566 days |
- 314 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Anna Spann 443-783-2687,
Coldwell Banker Realty 4438562211
Source: Bright MLS,MLS#: MDWO2027534
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bathroom 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bathroom 1
- Level: Main
Bathroom 2
- Level: Main
Bathroom 3
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Dishwasher, Dryer, Ice Maker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Cooktop, Washer, Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, Laundry Room, In Unit
Features
- Bathroom - Stall Shower, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Pantry, Recessed Lighting, Store/Office, Upgraded Countertops, Walk-In Closet(s), Other, Dry Wall
- Flooring: Ceramic Tile, Carpet
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
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: Inside Entrance, Covered, Electric Vehicle Charging Station(s), Handicap Parking, Lighted, Paved, Secured, Surface, Unassigned, Garage, On Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Pool features: Community
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Ocean, Bay
- Has water view: Yes
- Water view: Ocean,Bay
- Waterfront features: Oceanside, Ocean
- Body of water: Atlantic Ocean
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410763444
- Zoning: RESIDENTAL
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Metal Siding
- Roof: Flat
Condition
- Excellent
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Security: 24 Hour Security
- Condo and coop fee: $949 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: $530/sqft
- Tax assessed value: $600,667
- Annual tax amount: $8,407
- Date on market: 1/1/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Fully Furnished
- Exclusions: Personal Items
- Ownership: Condominium
- Total actual rent: 60000
Estimated market value
Not available
Estimated sales range
Not available
$2,774/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $949,000-1.1%$530/sqft |
Source:  Bright MLS #MDWO2027534 Report a problem | ||
| 4/30/2026 | Price change | $960,000-3.6%$536/sqft |
Source: Bright MLS #MDWO2027534 Report a problem | ||
| 10/7/2025 | Price change | $995,500-0.4%$556/sqft |
Source: Bright MLS #MDWO2027534 Report a problem | ||
| 3/24/2025 | Price change | $999,999-2.4%$559/sqft |
Source: Bright MLS #MDWO2027534 Report a problem | ||
| 2/13/2025 | Price change | $1,025,000-14.5%$573/sqft |
Source: Bright MLS #MDWO2027534 Report a problem | ||
| 1/1/2025 | Listed for sale | $1,199,000+29.6%$670/sqft |
Source: Bright MLS #MDWO2027534 Report a problem | ||
| 4/29/2022 | Sold | $925,000+2.8%$517/sqft |
Source: Bright MLS #MDWO2004090 Report a problem | ||
| 3/23/2022 | Pending sale | $899,900$503/sqft |
Source: Bright MLS #MDWO2004090 Report a problem | ||
| 3/15/2022 | Contingent | $899,900$503/sqft |
Source: Bright MLS #MDWO2004090 Report a problem | ||
| 1/24/2022 | Price change | $899,900-3.2%$503/sqft |
Source: Bright MLS #MDWO2004090 Report a problem | ||
| 12/13/2021 | Listed for sale | $929,900+49.5%$519/sqft |
Source: Bright MLS #MDWO2004090 Report a problem | ||
| 3/31/2014 | Sold | $622,000-4.3%$347/sqft |
Source: Public Record Report a problem | ||
| 10/16/2013 | Price change | $649,900-3.7%$363/sqft |
Source: Prudential PenFed Realty - Berlin #478268 Report a problem | ||
| 6/2/2013 | Price change | $674,900-2.2%$377/sqft |
Source: Prudential PenFed Realty #478268 Report a problem | ||
| 3/28/2013 | Price change | $689,900-4.8%$385/sqft |
Source: Prudential PenFed Realty #478268 Report a problem | ||
| 5/17/2012 | Listed for sale | $724,900-39.6%$405/sqft |
Source: Prudential PenFed Realty #478268 Report a problem | ||
| 6/24/2009 | Sold | $1,199,800$670/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,421 +0.2% | $614,833 +2.4% |
| 2024 | $8,407 +1.7% | $600,667 +2.4% |
| 2023 | $8,267 | $586,500 |
| 2022 | $8,267 -0.2% | $586,500 |
| 2021 | $8,287 | $586,500 |
| 2020 | $8,287 -0.7% | $586,500 |
| 2019 | $8,344 +0.7% | $586,500 |
| 2018 | $8,285 -4.1% | $586,500 -4.2% |
| 2017 | $8,641 +12.5% | $612,000 +0.6% |
| 2016 | $7,680 | $608,200 +0.6% |
| 2015 | $7,680 | $604,400 +0.6% |
| 2014 | $7,680 | $600,600 |
| 2013 | -- | $600,600 |
| 2012 | -- | $600,600 -6.2% |
| 2011 | -- | $639,990 |
| 2010 | -- | $639,990 -23.6% |
| 2009 | -- | $838,023 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Midtown
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
- 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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