Discover an exceptional opportunity to own at The Gateway Grand, one of Ocean City’s premier oceanfront condominium buildings. Offered fully furnished, Residence 214 features a spacious 1,790-square-foot floor plan with three bedrooms, three full baths, and generous living and dining areas designed for gathering at the beach. Each bedroom offers privacy for family and guests, while the open kitchen features upgraded countertops, stainless steel appliances, an island, and abundant storage. Step outside to the private north-facing balcony and enjoy ocean and bay views with comfortable shade from the intense afternoon sun. Convenient second-floor access makes trips to the beach, pools, parking garage, and building amenities especially easy. Two parking spaces in the gated garage add even more convenience. Gateway Grand owners enjoy indoor and outdoor pools, an ocean-view fitness center, owners’ lounges, a kids’ club room, climate-controlled beach storage, outdoor showers, EV charging stations, on-site management, maintenance, and evening security. The residence may also be used as a vacation rental, offering flexibility for personal enjoyment and potential rental income. Priced below $1 million, Residence 214 offers an inviting entry into the space, amenities, and elevated coastal lifestyle of The Gateway Grand. The seller will pay one full year of condominium fees at settlement with an acceptable offer. Schedule your private showing and experience all this residence and community have to offer.
For sale
$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
Abundant storageStainless steel appliancesPrivate north-facing balconyUpgraded countertopsThree bedroomsOcean and bay viewsEach bedroom offers privacy
- 654 days
- 152
- 5
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
$2,798/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 | Listed for sale | $960,000-3.6%$536/sqft |
Source: Bright MLS #MDWO2027534 Report a problem | ||
| 10/7/2025 | Listed for sale | $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 | Listed for sale | $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 |
|---|---|---|
| 2026 | $8,552 +1.6% | $629,000 +2.3% |
| 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
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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