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For sale
  • $1,099,000

    2 48th St Unit 304, Ocean City, MD 21842

    3beds
    1,790sqft
    : 
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    Condominium
    Built in 2008
    -- sqft lot
    $1,042,200 Zestimate®
    $614/sqft
    $982/mo HOA

    What's special

    Watch the ocean wavesCustom wall paintLayout of the condoStainless steel appliancesSpacious outdoor balconyLarge framed artworkWhite cabinets
    Welcome to luxury at the beach in the heart of Ocean City, MD! This 3-bedroom 3-bathroom residence at the Gateway Grand has been lovingly maintained by its original owners. This south facing location has a spacious outdoor balcony where you can watch the ocean waves roll in while basking in the warm sun. Enjoy in the Summertime, but also off-season, the current owners favorite time of the year. This residence was furnished by a high-end local furniture company with large, framed artwork and custom wall paint. The current owners replaced the carpeting in the bedrooms during their tenure as well as upgrading the washer dryer with large high-end front-loading machines. The efficient water source heat pump was replaced a year ago. The ceramic tile in the main areas is easy to clean and maintain. The chef in your family with appreciate the large kitchen with plenty of storage in the popular white cabinets, stainless steel appliances, and granite countertops. One of the most exciting features is the layout of the condo itself with a large great room for gathering. This is the F-style floorplan. Storage locker 191 on the mezzanine level is deeded to this residence. The Gateway Grand offers all of the amenities you are looking for in a beach condominium with heated indoor and outdoor pools, on-site maintenance team, on-site management, two-story glass lobby, kid's game room, 24/7 fitness center, secure access parking garage with an abundance of parking and electric car chargers, an additional surface parking lot with additional parking spots, and a staffed front desk with security onsite overnight. Schedule your private tour today to see for yourself why The Gateway Grand should be your next primary, secondary, or investment home!
    268 days
    |
    221
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jon M Barker 410-935-3810,

    Keller Williams Realty Delmarva 4105246400,

    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

    Source: Bright MLS,MLS#: MDWO2034342MLS Logo

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      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, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Ice Maker, Refrigerator, Washer, Water Heater
      • Laundry: Main Level, In Unit
      Features
      • Entry Level Bedroom, Ceiling Fan(s), Crown Molding, Upgraded Countertops, Walk-In Closet(s), Wine Storage, Dry Wall, 9'+ Ceilings
      • Flooring: Ceramic Tile, Carpet, Marble
      • Doors: 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, Handicap Parking, Lighted, Private, Secured, Electric Vehicle Charging Station(s), Off Street, Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Outdoor Shower, Lighting, Sidewalks, Street Lights, Water Fountains, Balcony
      • Pool features: Community
      • Spa features: Bath
      • Has view: Yes
      • View description: Ocean, Water, City
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Oceanfront, Ocean
      • Body of water: Atlantic
      Lot
      • Features: Cleared
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410763495
      • Zoning: RESIDENTIAL CONDOMINIUM
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Masonry
      • Foundation: Pillar/Post/Pier
      • Roof: Built-Up
      Condition
      • Excellent
      • New construction: No
      • Year built: 2008
      Details
      • Builder model: F
      • 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: Fire Sprinkler System
      • Condo and coop fee: $982 monthly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: Fitness Center, Game Room, Indoor Pool, Pool, Common Grounds, Elevator(s), Meeting Room, Party Room, Security
      • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Reserve Funds, Snow Removal, Water
      • HOA name: Gateway Grand
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $614/sqft
      • Tax assessed value: $838,733
      • Annual tax amount: $10,084
      • Date on market: 10/21/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional
      • Inclusions: Fully Furnished
      • Exclusions: Personal Items In Closets, Cabinets, And Drawers.
      • Ownership: Fee Simple

        Estimated market value

        $1,042,200

        $990,000 - $1.09M

        $2,774/mo

        Price history

        DateEventPrice
        10/21/2025Listed for sale$1,099,000+59.3%$614/sqft
        Source: Bright MLS #MDWO2034342 Report a problem
        4/7/2015Listing removed$689,990$385/sqft
        Source: Condominium Realty LTD #496045 Report a problem
        3/24/2015Listed for sale$689,990+23.2%$385/sqft
        Source: Condominium Realty LTD #496045 Report a problem
        5/19/2009Sold$559,900$313/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,487 +13.9%$838,733 +16.4%
        2024$10,084 +18.8%$720,467 +19.6%
        2023$8,489 $602,200
        2022$8,489 -0.2%$602,200
        2021$8,508 $602,200
        2020$8,508 -0.7%$602,200
        2019$8,567 +0.7%$602,200
        2018$8,507 +0%$602,200
        2017$8,503 +26.6%$602,200
        2016$6,719 $602,200
        2015$6,719 $602,200
        2014$6,719 $602,200 +2.4%
        2013-- $588,100 +2.5%
        2012-- $574,000 +2.5%
        2011-- $559,900
        2010-- $559,900 -33.8%
        2009-- $846,250
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        45 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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