Note: Buyer paid all Seller closing costs inclusive of Commissions, Transfer Taxes, etc. total: $68,026.84. Coastal elegance best describes this direct oceanfront 3 bedroom residence at The Gateway Grand. Interior upgrades include crown molding and chair rail in the entrance hallway along with modern wall scones. You will also take note of custom millwork in the primary bedroom and dining room. This former model home also boasts a tile backsplash in the kitchen along with pendant lighting at the oversized kitchen island. Entertain your friends and family on game day in the living room with a large TV with surround sound speakers. The 9th floor location is ideal providing panoramic ocean and beach views. This property was never rented by its current original owners and it shows! That said, if you are looking for an investment property, it would be an excellent rental. The Gateway Grand complex features an abundance of luxurious amenities including 5 high speed elevators, a spectacular lobby with staffed front desk, parking garage with covered bridge to access the building along with electric car chargers for owners, heated indoor and outdoor pools, 24 hour fitness center with pool and ocean views, kid's activity room, deeded beach storage locker, and the list continues. Come see what The Gateway Grand has to offer you and your family in Ocean City, Maryland! Deeded ground floor storage locker #44 conveys with residence.
Sold for $1,160,000
$1,160,000
2 48th St Unit 908, Ocean City, MD 21842
3beds
1,790sqft
Condominium
Built in 2008
-- sqft lot
$1,280,700 Zestimate®
$648/sqft
$2,774 Estimated rent
Home value
$1,280,700
$1.19M - $1.38M
$2,774/mo
Zestimate® history
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List your homeWhat's special
Outdoor poolsPanoramic oceanOcean viewsModern wall sconesSpectacular lobbyOversized kitchen islandCovered bridge
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:
Akhtar Yusufi, 0225056351
Key Realty Group I LLC
Source: Bright MLS,MLS#: MDWO2013774
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
- ENERGY STAR Qualified Equipment, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Ceiling Fan(s), Crown Molding, Entry Level Bedroom, Flat, Open Floorplan, Walk-In Closet(s), 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: 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
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Ocean, Panoramic
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Sandy Beach, Oceanfront, Beach Access, Swimming Allowed, Ocean
- Body of water: Atlantic
- Frontage length: Water Frontage Ft: 20
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410764424
- 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
- New construction: No
- Year built: 2008
Details
- Builder name: Bovis Lendlease
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Septic, 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: $808 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: $648/sqft
- Tax assessed value: $750,700
- Annual tax amount: $10,582
- Date on market: 5/2/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: See Inventory Addendum
- Exclusions: See Inventory Addendum
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2023 | Sold | $1,160,000-14.1%$648/sqft |
Source:  Bright MLS #MDWO2013774 Report a problem | ||
| 8/2/2023 | Contingent | $1,350,000$754/sqft |
Source: Bright MLS #MDWO2013774 Report a problem | ||
| 5/2/2023 | Listed for sale | $1,350,000+68.1%$754/sqft |
Source: Bright MLS #MDWO2013774 Report a problem | ||
| 5/11/2016 | Sold | $803,000-10.8%$449/sqft |
Source: Public Record Report a problem | ||
| 1/2/2015 | Listing removed | $899,900$503/sqft |
Source: Mark C Fritschle #492436 Report a problem | ||
| 8/21/2014 | Listed for sale | $899,900$503/sqft |
Source: Mark C Fritschle #492436 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,973 +12.8% | $1,020,233 +15.2% |
| 2024 | $12,393 +17.1% | $885,467 +18% |
| 2023 | $10,582 | $750,700 |
| 2022 | $10,582 -0.2% | $750,700 |
| 2021 | $10,607 | $750,700 |
| 2020 | $10,607 -0.7% | $750,700 |
| 2019 | $10,679 +0.7% | $750,700 |
| 2018 | $10,604 -5.5% | $750,700 -5.6% |
| 2017 | $11,225 +31.3% | $795,000 +3% |
| 2016 | $8,552 | $772,000 +3.1% |
| 2015 | $8,552 | $749,000 +3.2% |
| 2014 | $8,552 | $726,000 +0.6% |
| 2013 | -- | $721,567 +0.6% |
| 2012 | -- | $717,133 +0.6% |
| 2011 | -- | $712,700 0% |
| 2010 | -- | $712,800 -24.3% |
| 2009 | -- | $941,500 |
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 908
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