2 48th St #402,OCEAN CITY, MD 21842
OCEAN CITY, MD 21842
Description
Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023, $49,044.24 in 2024 and $45,767.40 in 2025.
Details
| MLS # | MDWO2026410 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | Gateway Grand |
| HOA Dues | $982 |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2008 |
| Days On Site | 706 |
| Listing Provided By | Keller Williams Realty Delmarva | Jonathan M Barker |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,790 |
| Garage | 2 |
| Story(s) | 17 |
| Units | 1 |
| Zoning | RESIDENTIAL |
| Property View | Bay, City, Ocean |
Interior
| Rooms Total | 10 |
|---|---|
| Cooling | Central A/C |
| Heating Yes / No | Yes |
| Heating | Central |
| Interior Features | Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Whirl Pool/Hot Tub, Window Treatments |
| Window Features | Insulated, Screens |
| Furnished | Yes |
| Appliances | Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer |
Exterior
| Exterior Features | Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler |
|---|---|
| Roof | Flat |
| Security Features | Desk in Lobby, Sprinkler System - Indoor |
| Construction Materials | Concrete, Metal Siding |
| Foundation Details | Pillar/Post/Pier |
| Lot Features | Premium |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Electric Vehicle Charging Stations, Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned |
Utilities
| Utilities | Cable TV Available, Electric Available |
|---|
Taxes
| Tax Annual Amount | 10084 |
|---|
Area Information
| State | MD |
|---|---|
| County | WORCESTER MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Oceanfront Indirect View (81) |
| Community Name | NONE AVAILABLE |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
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Learn More About This Property
| State | MD |
|---|---|
| County | WORCESTER MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Oceanfront Indirect View (81) |
| Community Name | NONE AVAILABLE |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
