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$1,399,000 Coming Soon
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Property Description
Beautiful Oceanfront Condo in The Gateway Grand. Professional Photos will be uploaded Soon.
Full Property Details
Full Property Details for 2 48th St #510
General
- Price: $1,399,000
- HOA FEE: $982/month
- Taxes: $13,973 (2025)
- Status: Coming Soon
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2038766
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
- Expected Market Date: 6/2/2026
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
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: 1,650
- Sq. Ft. Source: Assessor
- Living Area: 1,650 Sq. Ft.
- Finished Above Grnd: 1,650 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 View: Yes
Financial Considerations
- Price Per Sq. Ft.: $847.88
- 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
- Tax Total Finished Sq. Ft.: 1650
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Lot Number: 510
Listed by Sheppard Realty Inc, Mitchell G. David
Get Pre-Approved Today
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
5/28/2026
Listed
$1,399,000
82.88%
MLS
6/19/2020
Sold
$765,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2 48th St #510
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,582
—
$1,020,233
36%
2023
$10,582
—
$750,700
—
2021
$10,608
—
$750,700
—
2021
$10,607
-1%
$750,700
—
2020
$10,679
1%
$750,700
—
2019
$10,604
-6%
$750,700
-6%
2018
$11,230
2%
$795,000
3%
2017
$10,960
3%
$772,000
3%
2016
$10,673
9%
$749,000
3%
2015
$9,818
—
$726,000
1%
2014
$9,770
—
$721,567
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 48th St #510
2 48th Street #510, Ocean City, MD 21842 (MLS# MDWO2038766) is a Condo property with 3 bedrooms and 3 full bathrooms. 2 48th Street #510 is currently listed for $1,399,000 and was received on May 28, 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.

