2 48th Street Unit 1706
Ocean City, MD 21842
- 4 beds
- 3 baths
- 2,218 sqft
- $1,171 per sqft
- 2008 build
Experience life at the top of the luxurious Gateway Grand Residences in Ocean City, MD in Penthouse 1706. This 4 bedroom 3 bathroom residence features incredible views of the Ocean, City Skyline, and Bay spanning for miles. The huge picture windows showcase art in motion with the everchanging stunning scenery that makes up this barrier island. From the gorgeous sunrises over the ocean to the magnificent sunsets you will find yourself constantly in awe of the natural scenery. This residence is more than simply a luxury condominium at the beach, but rather a true experience for you and your guests. Every room in the property shares similar views of water, sky, and wildlife. A wrap around balcony can be accessed from the living room, dining room and guest bedroom, while a private balcony extends from the primary bedroom. Each allowing the occupants the opportunity to step into the scenery. Suspended 17 stories into the sky providing a prospective of Ocean City you did not know existed. The living room and primary bedroom both have vaulted 2 story ceilings with additional windows only found on the Penthouse level of the Gateway Grand. These windows bring the sky and clouds indoors adding to the ambiance. The great room includes a chef's dream kitchen with upgraded commercial grade appliances, white cabinets, and granite countertops. The kitchen has two seating areas for guests to choose from either at the elevated bar or the counter level island. The island includes a beverage center convenient for when entertaining guests. The dining room allows for a large dining table to accommodate your entire family. Moving into the living room you will notice an abundance of seating and a fireplace with flush mounted TV above. Custom Millwork accents the hallways leading to all 3 guest bedrooms and the primary suite. This residence features 2 zones of water source heat pumps that allow from comfort year-round. One zone services the bedrooms and bathrooms with a thermostat located in the primary suite, while the additional zone services the great room through a thermostat located in the living room. These efficient HVAC's can be maintained by the in-house maintenance team through subscription and run off hot and cold water produced on the ground level of the building and funded by the condominium fee. This residence was furnished and designed by a fabulous local interior designer and delivers to the new owner turn-key available for immediate occupancy. The floors throughout the hallway and great room are a 12x24 porcelain tile while the bedrooms are carpeted. The primary bathroom includes marble tile on the floors and walls including a whirlpool bathtub, custom tile shower, and dual sink vanity with granite tops. This residence also includes a large, deeded storage locker #108 on Mezzanine Level. Building amenities include heated indoor and outdoor pools, 24/7 fitness center, kid's club room, multiple owner's lounges, a grand lobby with staffed desk, security in the evenings, secure FOB access, and parking garage with 3 spaces and electric car chargers available. A truly once in a lifetime opportunity to own the Southeast corner Penthouse located in one of the Ocean City's most luxurious buildings awaits. Reach out for your private tour of this impressive residence today!
Listing courtesy of BRIGHT / Keller Williams Realty Delmarva
Last checked:
Checking…
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Last updated Sep 24, 2024
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MLS# MDWO2021934 —
The Building
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Year Built:2008
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Year Built Source:Assessor
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New Construction:No
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Builder Name:Bovis Lendlease
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Builder Model:B
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Construction Materials:Concrete, Metal Siding
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Structure Type:Unit/Flat/Apartment
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Architectural Style:Unit/Flat
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Levels:1
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Unit Building Type:Hi-Rise 9+ Floors
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Building Name:Gateway Grand
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Building Levels:17
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Building Units Total:1
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Roof:Flat
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Elevators:5
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Main Entrance:West
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Entry Floor Number:2
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Door Features:Insulated, Sliding Glass
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Security Features:Sprinkler System - Indoor
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Window Features:Insulated, Screens
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Accessibility Features:None
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Common Walls:2+ Common Walls
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Foundation Details:Pillar/Post/Pier
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Basement:No
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Unit Number:1706
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2218
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:2061
Interior
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Interior Features:Ceiling Fan(s), Carpet, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Bathroom - Soaking Tub, Sprinkler System, Bathroom - Tub Shower, WhirlPool/HotTub, Window Treatments
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Room Count:11
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Floors In Unit:1
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Flooring Type:Carpet, Ceramic Tile
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Fireplace:Yes
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Fireplaces:1
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Fireplace Features:Electric
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2218
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Living Area SqFt:2,218 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Settlement
Location
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Directions:Coastal Highway to 48th Street; Ocean Front
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Latitude:38.37384000
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Longitude:-75.06814000
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Location Type:Oceanfront
The Property
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Property Type:Residential
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Property Condition:Excellent
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Inclusions:Fully Furnished
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Exclusions:None
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Federal Flood Zone:X
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Zoning:RESIDENTIAL
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Zoning Description:Residential Condominium
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View:City, Ocean, Bay
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In City Limits:Yes
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Outdoor Living Structures:Balcony, Wrap Around
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Other Structures:Above Grade, Below Grade
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Horse:No
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Water View:Yes
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Waterfront:Yes
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Waterfront Features:Sandy Beach
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Water Oriented:Yes
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Water Access:Yes
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Water Access Features:Public Beach, Swimming Allowed
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Water Body Name:Atlantic
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Water Body Type:Ocean
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Navigable Water:Yes
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Water Frontage In Feet:30
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Tidal Water:Yes
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Land Use Code:U
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Ground Rent Exists:No
Listing Agent
- Contact info:
- Office phone:
- (410) 524-6400
Taxes
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Tax ID Number:2410765382
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Tax Year:2024
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Tax Lot:1706
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Tax Annual Amount:$18,076
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Tax Assessed Value:$1,291,533
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Year Assessed:2024
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County Tax:10913.00
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City/Town Tax:5716.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:4
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Bedrooms Main Level:4
Baths
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Total Baths:3
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Full Baths:3
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Main Level Baths:3.00
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Main Level Full Baths:3
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Utilities:Cable TV Available, Electric Available
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Sewer/Septic:Private Sewer, Public Septic
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Electric Service:Circuit Breakers
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Hot Water:Electric
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer
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Laundry Type:Dryer In Unit, Washer In Unit
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Washer/Dryer/Hook Up in Unit:Yes
Schools
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School District Name:Worcester County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Exterior Features:Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
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Pool:Yes - Community
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Community Pool Features:In Ground, Indoor, Heated
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
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Condo/Coop Fee:$1,219
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Condo/Coop Fee Frequency:Monthly
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HOA/Condo/Coop Fee:Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Water
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Other Fees:830.00
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Municipal Trash:Yes
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Transportation:Bus Stop less than 1 mile
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Condo/Coop Name:Gateway Grand
Parking
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Total Garage and Parking Spaces:3
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Garage:Yes
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Garage Features:Covered Parking
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Garage Spaces:3.00
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Type of Parking:Attached Garage, Parking Lot
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Parking Features:Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned
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# of Attached Garage Spaces:3
Extra Units
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Vacation Rental:No
Monthly cost estimate
Asking price
$2,599,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$13,916
|
Taxes | $1,506 |
Insurance | $714 |
HOA fees | $1,219 |
Utilities | $162 See report |
Total | $17,517/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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9/13/24
Sep 13, 2024
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Price Changed | BRIGHT | $2,599,000 | -2.8% |
8/2/24
Aug 2, 2024
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Price Changed | BRIGHT | $2,675,000 | -4.5% |
7/6/24
Jul 6, 2024
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Listed / Active | BRIGHT | $2,800,000 |