Gateway Grand - 2 48th Street Unit 1110
Ocean City, MD 21842
- 3 beds
- 3 baths
- 1,790 sqft
- $754 per sqft
- 2008 build
A stunning oceanfront retreat now available for sale at The Gateway Grand, one of Ocean City's most luxurious condominium complexes. Take a ride on the highspeed elevator and as the doors open you will be taken back by the sweeping panoramic views from the Ocean to the Bay featuring all of Ocean City even as far as Bethany Beach, DE. Once you arrive at the front door of the condo opening the door reveals a direct oceanfront view looking straight down the hallway to the oceanfront living room. You will be impressed with the ceramic tile floors, granite countertops in the bathrooms and kitchen, and marble surfaces in the primary bathroom. The current owners have meticulously maintained the property. They have upgraded the appliances, including the stainless steel kitchen appliances and washer and dryer. This property delivers turn-key including all furnishings and kitchen contents. The Gateway Grand has an abundance of amenities including a heated indoor pool open year-round, a heated outdoor pool open from Memorial Day to Labor Day, a kid's club room with tons of activities, and 24/7 fitness center. The lobby has two story vaulted ceilings and floor to ceiling glass windows with ocean views. There are security cameras on property and on-site security staff in the evening to give piece of mind. This residence comes with two unassigned parking spots in the large gated parking garage that has two elevators and several electric car chargers. After a long day at the beach, enter the ground floor storage room, rinse off with the warm indoor showers, and secure all of your beach gear in your deeded storage locker #84. Gateway Grand has an active social committee that plans fun events for owners and guests such as their annual 4th of July Pig Roast and Golf Tournament. Become a part of this community today, you will be impressed! New owner must honor all 2025 rentals.
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Last updated Feb 21, 2025
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MLS# MDWO2028864 —
The Building
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Year Built:2008
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Year Built Source:Assessor
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Roof:Built-Up
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New Construction:No
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Construction Materials:Masonry
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Builder Name:Bovis Lendlease
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Building Name:Gateway Grand
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Builder Model:A
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Building Levels:17
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Building Units Total:1
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Unit Building Type:Hi-Rise 9+ Floors
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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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Elevators:5
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Main Entrance:West
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Entry Floor Number:11
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Door Features:Sliding Glass
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Security Features:Sprinkler System - Indoor, Desk in Lobby, Exterior Cameras, Main Entrance Lock, Security System, Smoke Detector, Surveillance Sys
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Window Features:Insulated, Screens
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Accessibility Features:Doors - Lever Handle(s)
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Other Equipment: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:1110
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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:1790
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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:1650
Interior
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Interior Features:Ceiling Fan(s), Sprinkler System, Walk-in Closet(s), Carpet, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, WhirlPool/HotTub, Window Treatments
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Room Count:10
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Floors In Unit:1
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Flooring Type:Ceramic Tile, Carpet
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Fireplace:No
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Wall & Ceilings:Dry Wall, 9'+ Ceilings
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1790
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Living Area SqFt:1,790 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
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Lease Considered:No
Location
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Directions:Coastal Hwy South, Left on 48th street, Building Oceanfront
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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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Lot Features:Cleared
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Inclusions:See Inventory Addendum
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Exclusions:See Inventory Addendum
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Federal Flood Zone:x
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Zoning:RESIDENTIAL CONDOMINIUM
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Road Responsibility:Public
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View:Ocean, Water
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In City Limits:Yes
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Outdoor Living Structures:Balcony
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview: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:No
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Water Frontage In Feet:40
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Tidal Water:Yes
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Land Use Code:U
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (410) 935-3810
- Office phone:
- (410) 524-6400
Taxes
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Tax ID Number:2410764734
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Tax Year:2024
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Tax Lot:1110
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Tax Annual Amount:$12,547
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Tax Assessed Value:$896,467
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Year Assessed:2024
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County Tax:7575.00
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City/Town Tax:3967.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Bedrooms Main Level:3
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:Other, Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Utilities:Cable TV, Electric Available
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Sewer/Septic:Public Sewer
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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:Dishwasher, Disposal, Dryer, Microwave, 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:Outside Shower, Secure Storage, Water Fountains
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Pool:Yes - Community
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Community Pool Features:Heated, Indoor, In Ground
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Spa:No
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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:Exercise Room, Game Room, Pool - Outdoor, Elevator, Extra Storage, Fitness Center, Meeting Room, Party Room, Pool - Indoor, Security, Swimming Pool
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Condo/Coop Fee:$949
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Condo/Coop Fee Frequency:Monthly
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HOA/Condo/Coop Fee:Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Pool(s), Reserve Funds, Snow Removal
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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:2
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Garage:Yes
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Garage Features:Covered Parking
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Garage Spaces:2.00
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Type of Parking:Off Street, Parking Garage, Parking Lot
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Parking Features:Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Surface, Unassigned, Permit Included
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Parking Garage - # of Spaces:2
Extra Units
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Vacation Rental:Yes
Monthly cost estimate
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Asking price
$1,350,000
Expense | Monthly cost |
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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. |
$7,228
|
Taxes | $1,045 |
Insurance | $371 |
HOA fees | $949 |
Utilities | $144 See report |
Total | $9,737/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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2/21/25
Feb 21, 2025
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Listed / Active | BRIGHT | $1,350,000 |