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2 48th St #401, Ocean City, MD 21842

$899,900

  • For Sale
  • Active
  • Condo
  • 4 Beds
  • 3 Full Baths
  • 2,250 Sq. Ft.
2 48th St #401, Ocean City, MD 21842View this property at 2 48th St #401, Ocean City, MD 21842
2 48th St #401Ocean CityMD21842

Property Description

Priced to sell! Rare 4-bedroom opportunity in OC's most prestigious building. Ocean and bay views, two balconies (every bedroom has access to a balcony), beautifully furnished condo with great rental history. Indoor and outdoor pool, fitness center, private parking garage, control access building with security, management on site, year round building loaded with amenities. Deeded locker #169 conveys with residence.*Buyer to honor existing rentals*

Full Property Detailsfor 2 48th St #401

General

  • Price: $899,900
  • HOA FEE: $10,788
  • Taxes: $6,784
  • Status: Active
  • Type: Condo
  • MLS ID: 501278
  • Updated: 4/22/2017
  • Added: 838 day(s) ago

Property History

  • 2 48th St #401, Ocean City, MD
  • Reduced to $899,900 on 5/16/16
  • Listed at $929,900 on 1/4/16

Interior

  • Interior Features: 1st Floor Bed & Bath, Ceiling Fan(s), Chair Railing, Crown Molding, Granite Countertops, Sprinkler System, Walk-In Closet(s), Whirlpool Tub, Window Treatments
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator/Freezer, Washer
  • Furnished: Yes
  • Furnishings: Full

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Master Bathroom: Full

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: Fitness Center, Game Room, Handicap Parking, Indoor Pool, Outdoor Pool, Parking Garage, Security
  • Pool Description: None

Exterior

  • Exterior Features: Balcony(s), Cable TV, In-Ground Sprinklers, Off-Street Parking, Outside Shower, Screens, Storage Shed/Outbuilding
  • Porch/Patio/Deck: Deck(s), Front, Side

Parking

  • Assigned Spaces: 3
  • Garage Description: None

Location

  • Area: Worcester East of 113
  • County: Worcester
  • Subdivision: N/A
  • Building Name: Gateway Grand
  • Driving Directions: On the Ocean Front at 48th Street

School Information

  • Elementary School: Ocean City
  • Middle School: Stephen Decatur
  • High School: Stephen Decatur

Community

  • Mgmt. Company: L & N

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Pipe water source
  • Ceiling Fan(s): 4
  • Water Heater: Electric

Utilities

  • Water/Sewer: Public Central Sewer, Public Central Water

Structural Information

  • # Buildings: 1
  • Architectural Style: Condo
  • Construction: Stick, Masonry
  • Exterior Const.: Alucobond
  • Basement Desc.: None
  • Foundation: Concrete Piers
  • Roof: Built-Up/Flat, Metal
  • Elevator(s ): 5
  • Square Feet: 2,250
  • Year Built: 2008

Lot Features

  • Public Street: Yes
  • Lot Description: Cleared

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Ocean
  • Water Front View: Yes
  • Dock Description: None

Financial Considerations

  • Lease Price Per Year: $43,760
  • Association Fee: $10,788
  • Annual City Tax: $3,386
  • Tax Amount: $6,784

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: UNIT 401 2 48TH ST THE GATEWAY GRAND CM
  • Inclusions: Drapery/Curtain Rods, Drapes/Curtains, Shades/Blinds
  • Fed Flood Ins Avail.: Yes
  • Disclosures/Reports: Deed or Covenant, Existing Lease/Rntls, Seller Disclaimer
  • APN: 7433
  • Lot: 401

Listed by Condominium Realty, LTD, Jonathan M Barker and Grant Fritschle

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Schools

Schoolsserving 2 48th St #401

School District:Worcester County Public Schools
School Name
Grades
Distance
Ocean City Elementary School
12828 Center Dr, Ocean City, MD 21842
PK-4
2.8 mi
Berlin Intermediate School
309 Franklin Ave, Berlin, MD 21811
4-6
8.3 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Rd, Berlin, MD 21811
7-8
7.1 mi
Stephen Decatur High School
9913 Seahawk Rd, Berlin, MD 21811
9-12
7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 2 48th St #401

Listed by Condominium Realty, LTD, Jonathan M Barker and Grant Fritschle

2 48th St #401, Ocean City, MD 21842 (MLS# 501278) is a Condo property with 4 bedrooms and 3 full bathrooms. 2 48th St #401 is currently listed for $899,900 and was received on January 04, 2016. Want to learn more about 2 48th St #401? 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.