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$1,255,000

  • Sold
  • Closed
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,790 Sq. Ft.
  • 2 Car Garage
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One of the most spectacular Penthouses in Ocean City is now available for sale! Welcome to the top of the Gateway Grand. Here on the seventeenth floor you are able to take in the sweeping views from the Atlantic Ocean to the Assawoman Bay and all that lies between. Eloquently appointed, this home was never rented and exclusively used by it's current original owners. The close attention to detail can be seen throughout, but especially in the kitchen featuring refinished cabinetry, groutless stainless steel backsplash, and top of the line appliances. Additions such as professionally installed custom organizers in all of the closets and laundry room, accent tile in the guest shower, and sconces in the hallway are just a few of the custom appointments made to this one of a kind property. Each bedroom also includes wood plank flooring, adding to the lavishness. Crown molding outlines the sixteen foot vaulted ceilings in the living room as light floods the space from additional windows exclusive to the seventeenth floor. You will appreciate the southern exposure providing extra warmth and light during the shoulder seasons. Sitting on the large balcony watching the waves break while enjoying your favorite meal or beverage never felt so effortless. This property was originally constructed with the highest standards, and includes firewalls between each unit, an Alucobond aluminum exterior skin structure, high-efficiency water-source heating and cooling systems, oversized base and crown molding, and an all Marble primary bathroom. The Gateway Grand offers the finest in beach luxury living, featuring a heated indoor and outdoor pool, state of the art fitness center, private owners lounges, on-site property management and maintenance team, gated parking garage, kids club, and so much more. You'll want to make sure you don't miss this opportunity! Large deeded corner ground level storage locker #26 coveys with this residence.

Full Property Details for 2 48th St #1704 GATEWAY GRAND

General

  • Sold For: $1,255,000
  • Taxes: $10,699 (2023)
  • Status: Closed
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2012218
  • Added to Site: 1, 107 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Soaking Tub, Walk-in Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric, Electric
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Stainless Steel Appliances
  • Flooring: Luxury Vinyl Plank, Marble, Ceramic Tile

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: Dryer In Unit, Washer In Unit, Has Laundry

Additional Information

  • Shared Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
  • Shared Pool: Yes
  • Pool: Yes
  • Security/Safety: Surveillance Sys, Desk in Lobby, Exterior Cameras, Security Gate, Sprinkler System - Indoor

Exterior

  • Exterior Features: Exterior Lighting, Outside Shower, Secure Storage, Underground Lawn Sprinkler, Sidewalks
  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Electric Vehicle Charging Station(s), Lighted Parking, Private, Secure Parking, Unassigned, Surface
  • Parking Type: Off Street, Parking Garage, Parking Lot
  • 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 Highway to 48th Street, oceanfront.
  • Direction Faces: West
  • Location Details: Oceanfront
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools

Community

  • Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK, Number Limit

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Private Sewer, Public Septic
  • Water: Public
  • 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: Concrete, Metal Siding
  • Foundation: Pillar/Post/Pier
  • Roof: Flat
  • Common Walls: 2+ Common Walls
  • Walls/Ceilings: Dry Wall, High
  • Windows: Insulated
  • Doors: Insulated
  • Entry Floor Number: 17
  • 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: City, Ocean, Water, Bay
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: RESIDENTIAL CONDOMINIUM

Water Features

  • Water View: Yes
  • Water Front Type: Ocean
  • Water Front Name: Atlantic Ocean

Financial Considerations

  • Price Per Sq. Ft.: $776.54
  • Other Fee: $830
  • Other Fee Freq.: One Time
  • Assessment Year: 2023
  • City/TownTax: $3,435
  • City/TownTax Freq: Annually
  • County Tax: $6,414
  • County Tax Freq: Annually
  • Tax w/Assessment: $759,000
  • Tax Amount: $10,699
  • Tax Year: 2023
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 1650

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Exclusions: See Inventory Addendum and Attached Exclusions List
  • Inclusions: See Inventory Addendum and Attached Exclusions List
  • Lot Number: 1704

Meet the selling agent

Meet the selling agent
— 2 48th St #1704 GATEWAY GRAND —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2 48th St #1704 GATEWAY GRAND

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-42.8 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-68.3 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-87 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-127 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 #1704 GATEWAY GRAND

Date
Details
Price
Change
Source
4/05/2023
Sold
$1,255,000
-9.71%
MLS
2/10/2023
Listed
$1,390,000
—
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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2 48th Street #1704 GATEWAY GRAND, Ocean City, MD 21842 (MLS# MDWO2012218) is a Condo property that was sold at $1,255,000 on April 05, 2023. This property was sold by Dennis Medlock from our Ocean City - 123rd Office.Want to learn more about 2 48th Street #1704 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.