2 48th Street Unit 709
Ocean City, MD 21842
- 3 beds
- 3 baths
- 1,790 sqft
- $779 per sqft
- 2008 build
A unique opportunity to own direct oceanfront in the Gateway Grand in Ocean City, MD. The stunning F-Style floorplan offer a modern open floorplan with a great room spanning the width of the condo with views of the Atlantic Ocean. This private condo has never been rented and seldomly enjoyed by the current original owners of the property. Delivering unfurnished (furniture and decor has been removed), the new owners can decorate and furnish however they like! Get creative or hire your own interior designer to make this home your own. Custom millwork already dazzles the walls in the primary bedroom and main hallway. A designer glass tile backsplash adorns the kitchen walls reflecting the fabulous sunrise each morning. Two wall mounted TVs are included in the living room and primary bedroom. The Gateway Grand is Ocean City's finest midtown high rise building featuring heated indoor and outdoor pools, high speed elevators, additional deeded beach storage units, a staffed front desk, professional onsite maintenance, professional onsite management, owner's lounges, a secure grand oceanfront lobby, a parking garage with electric car chargers and elevators, a kid's club room, and state of the art fitness center. This building is a must see if you are looking for luxury at the beach!
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Last updated Mar 2, 2025
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MLS# MDWO2028778 —
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:F
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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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Historic:No
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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:7
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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:709
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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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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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Acceptable Financing:Conventional
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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:2 wall mounted TVs (One in Primary and one in Living Room), Window Treatments
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Exclusions:All interior and exterior furnishing and decor.
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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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Distance To Water:Blocks
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Water Body Name:Atlantic Ocean
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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:2410764149
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Tax Year:2024
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Tax Lot:709
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Tax Annual Amount:$12,393
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Tax Assessed Value:$885,467
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Year Assessed:2024
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County Tax:7482.00
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City/Town Tax:3919.00
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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
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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Elementary School:Ocean City
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Middle School:Stephen Decatur
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High School:STEPHEN DECATUR
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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:No
Monthly cost estimate

Asking price
$1,395,000
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. |
$7,469
|
Taxes | $1,032 |
Insurance | $383 |
HOA fees | $949 |
Utilities | $144 See report |
Total | $9,977/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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3/1/25
Mar 1, 2025
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Listed / Active | BRIGHT | $1,395,000 |