Date
Details
Price
Change
Source
2/13/2026
Listed
$2,179,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/90
$2,179,000
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Property Description
Penthouse-like living meets one of the most commanding vantage points in Ocean City. Positioned on the northeast corner of the 16th floor at the Gateway Grand, Residence 1612 offers a rare combination of elevation, scale, and unobstructed sight-lines stretching from the Atlantic Ocean to the Assawoman Bay, across North Ocean City, and toward the Route 90 bridge. This may just be one of the most impressive residences in the entire building. This direct oceanfront end unit features a one-of-a-kind floorplan and is among the largest in the building, offering 2,000+ square feet with four bedrooms and four full baths. Countless windows and sliders capture sunrise over the ocean and sunset over the bay, with the living area, primary suite, and a guest bedroom all enjoying panoramic views that elevate the entire living experience. The primary suite delivers captivating ocean and bay vistas and is complemented by an all marble bath with a walk in shower and soaking tub. The residences layout balances openness with privacy, ideal for hosting family and guests while maintaining a refined, comfortable flow throughout. This home is offered unfurnished, providing a blank canvas for a new owner to personalize without constraint. The kitchen is equipped with gourmet appliances and designed to support both everyday living and entertaining, while remaining connected to the dramatic coastal backdrop with the views that define this home. Gateway Grand is widely recognized as one of Ocean City's premier luxury condominium buildings, offering an unparalleled ownership experience. Amenities include heated indoor and outdoor pools, a fitness center, gated parking garage, deeded storage lockers, owners lounge, grand lobby, on site building management, and security. The property conveys with three parking passes, a notable advantage for a four bedroom residence. Owners are permitted to have pets, while guests and renters are not. The midtown location provides exceptional access to local dining, entertainment, and everyday conveniences, while remaining comfortably removed from downtown congestion. Proximity to the Route 90 bridge allows for seamless arrival and departure, and the Boardwalk is easily accessible without the intensity of a downtown address. While this residence has never been rented and has been enjoyed as a primary home, the Gateway Grand has a long established history of demand for luxury rentals, offering future flexibility for a new owner. The home is offered as the seller relocates closer to family, presenting a rare opportunity to secure a one-of-a-kind oceanfront residence with scale, privacy, and views that are increasingly difficult to replicate. *Property is owner occupied. Please provide advanced notice for showings.
Full Property Details
Full Property Details for 2 48th St #1612 GATEWAY GRAND
General
- Price: $2,179,000
- HOA FEE: $1,354/month
- Taxes: $19,223 (2025)
- Status: Under Contract
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2035748
- Updated: 2/19/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Sprinkler System, Walk-in Closet(s), Crown Moldings, Carpet, Dining Area, Kitchen - Island, Window Treatments
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Washer
- Furnished: Yes
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Main Floor Baths: 4
- Main - Full Baths: 4
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main & Up: 4
Other Rooms
- Laundry: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Sprinkler System - Indoor
Exterior
- Exterior Features: Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Permit Included, Surface, Unassigned
- Parking Type: Parking Garage, Off Street, Parking Lot
- Garage Description: Covered Parking
Location
- Area: Direct Oceanfront (80)
- Municipality: Ocean City
- County: WORCESTER
- Building Name: Gateway Grand
- Driving Directions: Coastal Highway to 48th Street; Ocean Front
- Direction Faces: West
- Location Details: Oceanfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water, Ext Bldg Maint, Snow Removal, Trash
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 0 Blocks
- Utility Description: Cable TV, Electric Available
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Hi-Rise 9+ Floors
- Architect: Becker Morgan
- Builder: Bovis Lendlease
- Construction: Masonry
- Foundation: Pillar/Post/Pier
- Roof: Built-Up
- Common Walls: 1 Common Wall
- Walls/Ceilings: 9'+ Ceilings, Dry Wall
- Windows: Insulated, Screens
- Doors: Insulated
- Entry Floor Number: 16
- Elevator(s ): 5
- Stories Description: Main
- Square Feet: 2,323
- Sq. Ft. Source: Estimated
- Living Area: 2,323 Sq. Ft.
- Finished Above Grnd: 2,323 Sq. Ft.
- Year Built: 2008
- Year Built Source: Assessor
Unit Information
- Unit Floor in Bldg.: 1
Lot Features
- Property View: City, Bay, Ocean
- Zoning: RESIDENTIAL CONDOMINIUM
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Public Beach, Swimming Allowed
- Water Front Type: Ocean
- Water Front Name: Atlantic
Financial Considerations
- Price Per Sq. Ft.: $938.01
- Condo Fee: $1,354
- Condo Fee Freq: Monthly
- Other Fee: $280
- Other Fee Freq.: One Time
- Assessment Year: 2025
- City/TownTax: $6,212
- City/TownTax Freq: Annually
- County Tax: $11,439
- County Tax Freq: Annually
- Tax w/Assessment: $1,403,567
- Tax Amount: $19,223
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2184
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: Unfurnished. 4 Chandeliers. Kitchen cabinet knobs.
- Inclusions: See Inventory Addendum
- Lot Number: 1612
Listed by Keller Williams Realty Delmarva, Grant K Fritschle and Keller Williams Realty Delmarva, Jonathan M Barker
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Listing agents
— 2 48th St #1612 GATEWAY GRAND —
Grant K Fritschle
Keller Williams Realty Delmarva
Jonathan M Barker
Keller Williams Realty Delmarva
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2 48th St #1612 GATEWAY GRAND
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 |
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 #1612 GATEWAY GRAND
Estimate the Cost
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2 48th Street #1612 GATEWAY GRAND, Ocean City, MD 21842 (MLS# MDWO2035748) is a Condo property with 4 bedrooms and 4 full bathrooms. 2 48th Street #1612 GATEWAY GRAND is currently listed for $2,179,000 and was received on February 13, 2026. Want to learn more about 2 48th Street #1612 GATEWAY GRAND? 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.