CHARIS REALTY GROUP

Unit/Flat

2 48TH STREET 402

OCEAN CITY , MD 21842

MLS#: MDWO2026410

$1,099,000

Status: Active
Listing number: MDWO2026410
Listing provided by: Keller Williams Realty Delmarva
Listing agent phone: None
Last update: 28 days ago
On site: 1 year, 3 months ago
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NONE AVAILABLE - Residential

Property

Beds

3

Full Baths

3

1/2 Baths

None

Year Built

2008

Sq.Footage

1,790

Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023, $49,044.24 in 2024 and $45,767.40 in 2025.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), Pantry, Recessed Lighting, Walk-In Closet(s), Crown Molding, Open Floorplan, Soaking Tub

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Above Grade Finished Area

    1790.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Main Level Bedrooms

    3

  • Pet friendly

    Cats OK, Dogs OK, Number Limit, Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Concrete, Metal Siding

  • Other Exterior Features

    Balcony, Lighting

  • Parking

    Electric Vehicle Charging Station(s), Unassigned, Lighted, Secured, Garage, Parking Lot, Covered, Attached

  • Pool

    Yes

  • Pool Features

    Community

  • Waterfront YN

    NO

  • View

    Water, Bay, City, Ocean

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    Unit/Flat

Price

  • Sales Price

    $1,099,000

  • Tax Amount

    10084.0

  • Zoning

    Residential Condominium

  • Sq. Footage

    1, 790

  • Price/SqFt

    $613

HOA

  • Association

    Yes

  • Association Fee 2

    $982

  • Association Fee 2 Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    17

  • Accessibility Features

    Therapeutic Whirlpool

  • Association Amenities

    Fitness Center, Game Room, Meeting Room, Party Room, Elevator(s)

  • Foundation Details

    Pillar/Post/Pier

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    402

  • Water Source

    Public

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Location

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WORCESTER

Elementary School

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Listing Courtesy of Jonathan M Barker , Keller Williams Realty Delmarva

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Agent Jackie Goodenow

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Call Jackie today to schedule a private showing.

(301) 471-8490

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Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023, $49,044.24 in 2024 and $45,767.40 in 2025.

2 48TH STREET 402

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Seller now offering ONE FULL YEAR of condo fees paid at settlement with an acceptable offer. Don’t miss your opportunity to own in The Gateway Grand. Step into a world of coastal luxury with this stunning 3-bedroom, 3-bathroom residence at The Gateway Grand, Ocean City's premier oceanfront condominium. Offering breathtaking ocean views from your private balcony, this home features an open and spacious floor plan with recently steam-cleaned carpets, and soaring 9-foot ceilings, complemented by crown molding in the dining area and master bedroom. The Gateway Grand is a luxurious building crafted to elevate your lifestyle. Experience unmatched comfort and convenience with indoor and outdoor pools, a resort-style fitness center with stunning Atlantic views, and a kid’s club room filled with video games and board games. The building also features climate-controlled beach storage, multiple owner’s lounges, and a dedicated team providing management, maintenance, and security for a seamless living experience. 214 includes access to two parking spaces in a gated garage, which now offers seven electric car chargers. Additionally, individual indoor storage areas for beach gear like chairs and umbrellas make it easy to enjoy the beach without the hassle. Convenient outdoor showers keep you fresh after a day by the water. Whether you're looking to relax or stay active, The Gateway Grand offers it all. Socialize at The Gateway Club Lounge, complete with a full bar and flat-panel TV. This fully furnished, coastal luxury unit offers great rental potential, making it the perfect investment for those seeking both a vacation home and income-generating property. Oceanfront living is truly grand at The Gateway Grand.
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