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$925,000

  • Sold
  • Closed
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,790 Sq. Ft.
  • 2 Car Garage
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Fantastic opportunity to own in the luxurious Gateway Grand in Ocean City, MD. This north side 3 bedroom, 3 bath residence offers views of the Ocean, Cityscape, and Bay. Located on the 2nd floor you can access this unit directly from the parking garage bridge without having to use an elevator. The current owner upgraded this residence to include home automation which controls lighting, HVAC, television, and interior security cameras. Multiple high-end televisions are wall mounted within the condo for entertaining guests. Both guest bathrooms have been upgraded to include siding glass doors, with one bathroom being converted to a shower stall. All bedroom carpets have been upgraded and electronic window treatments are installed in the living room as well. This residence was not rented by it's current owners, but has potential to produce impressive seasonal rental income. The Gateway Grand offers heated indoor pool and outdoor pool, state of the art fitness center, kid's club room, on-site professional management, on-site maintenance team, on-site security in the evenings and on holidays, and the list continues. Make this your home away from home!

Full Property Details for 2 48th St #214

General

  • Sold For: $925,000
  • Taxes: $8,288 (2021)
  • Status: Closed
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2004090
  • Added to Site: 1, 497 day(s) ago

Interior

  • Interior Features: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Tub Shower, Upgraded Countertops, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments
  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Furnished: Yes
  • Flooring: Carpet, 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

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: Sprinkler System - Indoor

Exterior

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

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned
  • Parking Type: Attached 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 Hwy South, Left onto 48th Street, Building Oceanfront
  • Direction Faces: West
  • Location Details: Oceanside
  • 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
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Septic, Public Sewer
  • Water: Public
  • Utility Description: Cable TV

Structural Information

  • Architectural Info: Unit/Flat
  • Architectural Style: Unit/Flat
  • Structure Type: Hi-Rise 9+ Floors
  • Builder: Bovis Lendlease
  • Model: A
  • Construction: Concrete, Metal Siding
  • Foundation: Pillar/Post/Pier
  • Roof: Flat
  • Common Walls: 2+ Common Walls
  • Walls/Ceilings: Dry Wall
  • Windows: Insulated, Screens
  • Doors: Insulated, Sliding Glass
  • Entry Floor Number: 2
  • Elevator(s ): 5
  • Stories/Levels: 17
  • 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: Bay, City, Ocean
  • Lot Dimensions: 0.00 x 0.00
  • Lot Features: Cleared
  • Zoning: RESIDENTIAL
  • Lot Description: Cleared

Water Features

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

Financial Considerations

  • Price Per Sq. Ft.: $502.74
  • Other Fee: $80
  • Other Fee Freq.: One Time
  • Assessment Year: 2021
  • City/TownTax: $2,675
  • City/TownTax Freq: Annually
  • County Tax: $4,956
  • County Tax Freq: Annually
  • Tax w/Assessment: $586,500
  • Tax Amount: $8,288
  • Tax Year: 2021
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 1700

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Exclusions: See Inventory Addendum
  • Inclusions: Fully Furnished
  • Lot Number: 214

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 2 48th St #214

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 #214

Date
Details
Price
Change
Source
4/29/2022
Sold
$925,000
2.79%
MLS
1/24/2022
Price Reduced
$899,900
-3.23%
MLS
12/13/2021
Listed
$929,900
—
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 #214, Ocean City, MD 21842 (MLS# MDWO2004090) is a Condo property that was sold at $925,000 on April 29, 2022. Want to learn more about 2 48th Street #214? 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.