Price Reduction - Waterfront
2 48Th Street # 214 Ocean City, MD
$ 899,900
Property Attributes
  • MLS#MDWO2004090
  • TypeCondos
  • CityOcean City
  • AreaOceanfront Indirect View
  • Zip21842
  • StyleUnit/Flat
  • Year Built2008
  • Taxes$ 8288
  • Price$ 899,900
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1790
Listing Provided Courtesy Of:
Keller Williams Realty Delmarva
Data Source:
Bright MLS
Property Description

Fantastic opportunity to own in the luxurious Gateway Grand in Ocean City, MD. This north side 3 bedroom, 3 bath residence offers views of the Ocean, Cityscape, and Bay. Located on the 2nd floor you can access this unit directly from the parking garage bridge without having to use an elevator. The current owner upgraded this residence to include home automation which controls lighting, HVAC, television, and interior security cameras. Multiple high-end televisions are wall mounted within the condo for entertaining guests. Both guest bathrooms have been upgraded to include siding glass doors, with one bathroom being converted to a shower stall. All bedroom carpets have been upgraded and electronic window treatments are installed in the living room as well. This residence was not rented by it's current owners, but has potential to produce impressive seasonal rental income. The Gateway Grand offers heated indoor pool and outdoor pool, state of the art fitness center, kid's club room, on-site professional management, on-site maintenance team, on-site security in the evenings and on holidays, and the list continues. Make this your home away from home!

Price History
12/13/2021 Listed $929,900
1/24/2022 4% - $899,900

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Appliances Dishwasher, Disposal, Dryer, Icemaker, Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer
Architectural Style Unit/Flat
Association Amenities Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Association Fee Includes Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water
Association Y/N No
Bathrooms Count Main Level 3.00
Bathrooms Full Main Level 3
Building Name Gateway Grand
Community Pool Features In Ground, Indoor
Condo/Coop Association Y/N Yes
Construction Materials Concrete, Metal Siding
Cool Fuel Electric
Cooling Central A/C
Days on Market 44
Electric Circuit Breakers
Exclusions See Inventory Addendum
Exterior Features Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Facing Direction West
Flooring Carpet, Ceramic Tile
Floors In Unit Count 1
Garage Spaces 2.00
Garage Y/N Yes
HOA Fee 2 741.00
HOA Fee 2 Frequency Monthly
Heating Heat Pump(s)
Interior Features Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting
Legal Subdivision GATEWAY GRAND
Levels 1
Location Type Oceanside
MLS Area Oceanfront Indirect View (81)
Municipality Ocean City
New Construction No
Other Fees 80.00
Other Fees Frequency One Time
Other Structures Above Grade, Below Grade
Ownership Condominium
Patio/Porch Features Balcony
Pool Y/N Yes - Community
Possession Settlement
Price Per Sq Ft 502.74
Property Type Residential
PropertyCondition Excellent
Roof Flat
School District 121138066543
Security Features Sprinkler System - Indoor
Senior Community Y/N No
Sewer Public Septic, Public Sewer
Structure Type Unit/Flat/Apartment
Subdivision Name NONE AVAILABLE
Tax Annual Amount 8288.0
Tax Lot 214
Tax Year 2021
Total Units 196
Unit Number 214
Utilities Cable TV
Vacation Rental Y/N No
View Bay, City, Ocean
Water Access Y/N No
Water Body Name Atlantic
Waterfront Features Sandy Beach

Interior Features

Above Grade Finished Area 1790
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Yes
Common Walls 2+ Common Walls
Common Walls 2+ Common Walls
Entry Level 2
Fireplace Y/N No
Full Baths 3
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Laundry Type Dryer In Unit, Washer In Unit
Living Area 1790
Main Level Bedrooms 3
Number of Elevators 5
Total Baths 3
Total Bedrooms 3
Window Features Insulated, Screens

Exterior Features

# Of Attached Garage Spaces 2
Builder Model A
Door Features Insulated, Sliding Glass
Foundation Details Pillar/Post/Pier
Garage Features Covered Parking
Horse Y/N No
Inclusions Fully Furnished
Lot Dimensions 0.00 x 0.00
Lot Features Cleared
Navigable Water Y/N No
Parking Features Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned
Total Parking Spaces 2
Type of Parking Attached Garage, Parking Lot
Water Body Type Ocean
Water Oriented Y/N Yes
Water Source Public
Water View Y/N Yes
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 21842

AVG $610K
AVG $5,035
AVG 43
Year Built
AVG 1990

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