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$1,399,000
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Property Description
2 48th Street, Unit 510 - Ocean City, MD 3 BR | 3 BA | Direct Oceanfront at Gateway Grand | Sold Furnished Wake up to the Atlantic, walk out to the living room, and see it again. The primary bedroom and the main living space are both east-facing, each opening to the covered balcony that runs the ocean side of the unit. Fifth floor - high enough for a clean horizon over the dunes, low enough to still pick out the people on the sand. The primary is a true oceanfront suite: a king sits under a picture window of open water, with a slider to the balcony right beside it. Its bath has a double granite vanity, a glass walk-in shower, and a separate jetted tub set into the marble-look tile. The kitchen runs open to the dining and living space, so whoever's cooking is still in the conversation and still in the view. Granite counters, stainless appliances, and a center island with bar seating on one side and a built-in beverage fridge on the other. The dining table seats the whole group with the water over your shoulder. Two more bedrooms sit at the entry end of the unit, set back from the open living space so they stay quiet when the great room fills up. One has a queen and a private ensuite; the other is set up with a twin-over-full bunk. Three full baths in all. Full-size washer and dryer in their own room, not a stacked closet. Sold furnished, down to the beds and the kitchen. Nine-foot ceilings and crown molding, nearly 1,790 square feet, all on one level. THE BUILDING - Gateway Grand Gateway Grand is the premier oceanfront building in Ocean City. One of the tallest towers on the beach, fronting 250 feet of private sand at 48th Street. The lobby is a full oceanfront room with floor-to-ceiling glass, a club lounge, an owners' lounge, and direct access to a private terrace over the beach. Indoor and outdoor pools, a hot tub on the oceanfront sun deck, and a fitness center that looks straight out at the Atlantic. Covered garage parking with EV charging, individual beach-gear storage, a kids' game room, concierge, and on-site management. The monthly fee covers water, cable, building insurance, trash, and the pools. Pets welcome within the association's limits. THE LOCATION - 48th Street, Midtown OC Direct oceanfront - the beach is out the back of the building, no crossing Coastal Highway to reach the sand. Seacrets is a block west on the bay; Fager's Island is a few blocks north. Midtown puts you between the quiet north end and the downtown boardwalk, close to the 45th Street shops and dining without the downtown traffic. BeachLife Gateway Grand!
Full Property Details
Full Property Details for 2 48th St #510
General
- Sold For: $1,399,000
- HOA FEE: $982/month
- Taxes: $13,973 (2025)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2038766
- Added to Site: 44 day(s) ago
Interior
- Interior Features: Bathroom - Walk-In Shower, Bathroom - Tub Shower, Bathroom - Stall Shower, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bedroom - Ocean Front, Recessed Lighting, Upgraded Countertops, Window Treatments, Elevator, Entry Level Bedroom, Pantry, Sprinkler System
- Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Dryer
- Furnished: Yes
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: Washer In Unit, Dryer In Unit
Additional Information
- Shared Amenities: Beach Club, Concierge, Exercise Room, Elevator, Fitness Center, Meeting Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Desk in Lobby, Main Entrance Lock, Surveillance Sys
Exterior
- Exterior Features: Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Outside Shower, Sidewalks
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Secure Parking, Unassigned
- Parking Type: Off Street, Parking Garage, Parking Lot
- Garage Description: Covered Parking
Location
- Area: Direct Oceanfront (80)
- Municipality: Ocean City
- County: WORCESTER
- Building Name: Gateway Grand
- Driving Directions: Oceanfront 48th Street
- Location Details: Oceanfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Cable TV, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Trash, 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 Sewer
- Water: Public
Structural Information
- Architectural Style: Coastal
- Structure Type: Hi-Rise 9+ Floors
- Builder: Bovis Lendlease
- Construction: Mixed
- Entry Floor Number: 5
- Elevator(s ): 5
- Stories Description: Main
- Square Feet: 1,790
- Sq. Ft. Source: Estimated
- Living Area: 1,790 Sq. Ft.
- Finished Above Grnd: 1,790 Sq. Ft.
- Year Built: 2008
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Property View: Ocean, Water, Panoramic
- Zoning: RES
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Swimming Allowed
- Water Front Type: Ocean
Financial Considerations
- Price Per Sq. Ft.: $781.56
- Condo Fee: $982
- Condo Fee Freq: Monthly
- Other Fee: $1,580
- Other Fee Freq.: One Time
- Assessment Year: 2026
- City/TownTax: $4,515
- City/TownTax Freq: Annually
- County Tax: $8,315
- County Tax Freq: Annually
- Tax w/Assessment: $1,155,000
- Tax Amount: $13,973
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Lot Number: 510
Listed by Sheppard Realty Inc, Mitchell G. David
Sold by Keller Williams Realty Delmarva, Brett Berquist
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Schools
Schools serving 2 48th St #510
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 48th St #510
Date
Details
Price
Change
Source
6/18/2026
Sold
$1,399,000
—
MLS
6/01/2026
Listed
$1,399,000
—
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 #510, Ocean City, MD 21842 (MLS# MDWO2038766) is a Condo property that was sold at $1,399,000 on June 18, 2026. Want to learn more about 2 48th Street #510? 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.

