$1,099,000
2 48th St #402, Ocean City, MD, 21842
3
Beds
3
Baths
1,790
Square feet
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. Some weeks were blocked in 2023 for owner use and it could produce more income if so desired by the new owners. Buyers to honor 2024 rentals.
Facts & Features
| MLS® # | MDWO2017306 |
|---|---|
| Price | $1,099,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,790 |
| Acres | 0.00 |
| Year Built | 2008 |
| Type | Residential |
| Sub-Type | Condo, Unit/Flat/Apartment, Hi-Rise 9+ Floors |
| Style | Condo/Unit |
| Status | Active |
Community Information
| Address | 2 48th St #402 |
|---|---|
| Area | Indirect Ocean View (81) |
| Subdivision | NONE AVAILABLE |
| City | Ocean City |
| County | WORCESTER-MD |
| State | MD |
| Municipality | Ocean City |
| Zip Code | 21842 |
| Senior Community | No |
Amenities
| Amenities | Carpet, CeilngFan(s), Crown Molding, Entry Lvl BR, Pantry, Master Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Tub Shower, Upgraded Countertops, Walk-in Closet(s), Wpool Jets, Shades/Blinds |
|---|---|
| Utilities | Cable TV Available, Electric Available |
| Parking | Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Surface, Unassigned, Secure Parking |
| # of Garages | 2 |
| Garages | Covered Parking |
| View | Bay, City, Ocean |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Interior Features | Flat, Floor Plan-Open |
|---|---|
| Appliances | Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range-Electric, Refrigerator, Washer |
| Heating | Central |
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 Story |
Exterior
| Exterior | Concrete/Block, Metal |
|---|---|
| Exterior Features | Exterior Lighting, Outside Shower, Sidewalks, Udrgrd Lwn Sprnklr, Balcony |
| Lot Description | Lot Premium |
| Windows | Insulated, Screens |
| Roof | Flat |
| Foundation | Pillar/Post/Pier |
School Information
| District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | October 27th, 2023 |
|---|---|
| Days on Market | 201 |
| Zoning | RESIDENTIAL CONDOMINIUM |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Delmarva |
|---|---|
| Contact Info | (410) 524-6400 |