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$1,293,500
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Property Description
Offered fully furnished, this stunning south side residence at the Gateway Grand was never rented by the current owners which is reflected by its superior condition! The views from this 3 bedroom 3 bathroom residence are astounding! Panoramic sweeping views from the Assawoman Bay to the Atlantic Ocean provide an everchanging landscape for the owner's enjoyment! From the metallic tile backsplash in the kitchen to the thoughtfully updated light fixtures you will appreciate not having to do any upgrades yourself. Delivering Fully furnished you can start enjoying all that Ocean City and The Gateway Grand have to offer right away! The Gateway Grand is one of the area's most luxurious condominium complexes with an abundance of amenities including heated indoor and outdoor pools, a state of the art 24/hour fitness center, kids club room with games for all ages, owner's lounges, parking garage with electric car chargers, and management on site daily as well as security on site in the evenings. In addition, the building has its very own maintenance team that maintains the common areas of the building but can also be hired to work inside the residences conveniently through management. Also included is a deeded beach storage locker, #151 on the Mezzanine Level.
Full Property Details
Full Property Details for 2 48th St #1404
General
- Sold For: $1,293,500
- Taxes: $12,701 (2024)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2032460
- Added to Site: 164 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Entry Level Bedroom, Ceiling Fan(s), Crown Moldings, Upgraded Countertops, Sprinkler System, Walk-in Closet(s), WhirlPool/HotTub, Wine Storage, Window Treatments
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer
- Furnished: Yes
- Flooring: Ceramic Tile, Carpet, Marble
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Main Floor
Additional Information
- Shared Amenities: Exercise Room, Game Room, Pool - Indoor, Pool - Outdoor, Common Grounds, Elevator, Fitness Center, Meeting Room, Party Room, Security, Swimming Pool
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Sprinkler System - Indoor
Exterior
- Exterior Features: Outside Shower, Exterior Lighting, Sidewalks, Street Lights, Water Fountains
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Handicap Parking, Lighted Parking, Private, Secure Parking, Electric Vehicle Charging Station(s)
- Parking Type: Off Street, Parking Garage
- Garage Description: Covered Parking
Location
- Area: Oceanfront Indirect View (81)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Gateway Grand
- Driving Directions: Coastal Hwy South, Left on 48th Street, Building on Left Oceanfront
- Direction Faces: West
- Location Details: Oceanfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- Elementary School: Ocean City
- Middle School: Stephen Decatur
- High School: Stephen Decatur
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Snow Removal, Water
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 0 Blocks
- Utility Description: Cable TV Available, Electric Available
Structural Information
- Architectural Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Hi-Rise 9+ Floors
- Builder: Bovis Lendlease
- Model: F
- Construction: Masonry, Modular/Manufactured
- Foundation: Pillar/Post/Pier
- Roof: Built-Up
- Common Walls: 2+ Common Walls
- Walls/Ceilings: Dry Wall, 9'+ Ceilings
- Windows: Insulated, Screens
- Doors: Sliding Glass
- Entry Floor Number: 14
- Elevator(s ): 5
- Stories/Levels: 16
- Stories Description: Main
- Square Feet: 1,790
- Sq. Ft. Source: Estimated
- Living Area: 1,790 Sq. Ft.
- Year Built: 2008
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Unit Floor in Bldg.: 1
Lot Features
- Property View: Ocean, Water, Bay, City
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Cleared
- Zoning: R3
- Lot Description: Cleared
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Public Beach
- Water Front Type: Ocean
- Water Front Name: Atlantic Ocean
Financial Considerations
- Price Per Sq. Ft.: $742.46
- Assessment Year: 2025
- City/TownTax: $4,016
- City/TownTax Freq: Annually
- County Tax: $7,668
- County Tax Freq: Annually
- Tax w/Assessment: $1,056,000
- Tax Amount: $12,701
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1650
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
- Exclusions: Personal items in closets, cabinets, and drawers as well as the Wicker chairs and table on balcony, Wicker baskets on table in kitchen (3), Step ladder in laundry room, Canvas Print on wall in hallway, and Kerig machine in kitchen.
- Inclusions: Fully Furnished
- Lot Number: 1404
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Schools
Schools serving 2 48th St #1404
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 2.8 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 8.3 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 7 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 48th St #1404
Date
Details
Price
Change
Source
11/03/2025
Sold
$1,293,500
-2.67%
MLS
8/06/2025
Listed
$1,329,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 48th Street #1404, Ocean City, MD 21842 (MLS# MDWO2032460) is a Condo property that was sold at $1,293,500 on November 03, 2025. This property was sold by Nancy Reither from our Ocean City - 123rd Office.Want to learn more about 2 48th Street #1404? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.


