2 48Th Street # 703 Ocean City, MD $ 1,129,000
2 48Th Street # 703
$ 1,129,000
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2 48Th Street # 703

Ocean City, MD, 21842
$ 1,129,000
Bedrooms3 Baths3.0 Sq 1,790

Monthly Estimate*

$ 7,504

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Condo for sale in Ocean City, MD

for $1,129,000 with 3 bedrooms and 3 full baths. This 1,790 square foot condo was built in 2008.

The Gateway Grand #703 - A Luxurious Oceanfront Residence Nestled high above the surrounding properties, on the 7th floor of The Gateway Grand, #703 is a meticulously maintained 3-bedroom residence that epitomizes luxury living in Ocean City. This exquisite property boasts a spacious and open floorplan, providing an inviting ambiance and an abundance of natural light. One of its most striking features is the breathtaking southern-exposure panoramic views that grace this home. From its private balcony, residents and guests can revel in stunning vistas of the city skyline, the serene ocean, and the tranquil bay, making every moment a visual delight. Sunrise to Sunset this residence provides some of the most captivating views in the city. This residence has been lovingly cared for, with attention to detail evident in every corner. The living spaces are thoughtfully designed, offering both comfort and elegance. Whether you're enjoying a meal in the gourmet kitchen, lounging in the living room, or retiring to one of the three cozy bedrooms, you'll be enveloped in luxury. The Gateway Grand itself is Ocean City's pinnacle of oceanfront living. With its impeccable amenities and prime location, it offers residents a lifestyle of convenience and sophistication. From the elegant lobby to the direct beach access, the heated indoor pool, or the state-of-art fitness center, every aspect of this building is designed to cater to the desires of discerning homeowners. In summary, The Gateway Grand #703 is not just a residence; it's a sanctuary where you can indulge in the finest coastal living. Whether you're captivated by the ocean's waves, the city's charm, or the bay's tranquility, this property presents a unique opportunity to savor it all in one stunning package. Deeded mezzanine storage locker 143 conveys with residence. Buyer to honor any booked rentals for 2024.

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Condo Active

Price

$ 1,129,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 9,071

Style

Unit/Flat

Year Built

2008

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2020868

Features
Interior
Heating Fuel Electric
Flooring Carpet Ceramic Tile
Hot Water Electric
Total Stories 17
Common Walls 2+ Common Walls 2+ Common Walls
Basement (Y/N) N
Heating Y/N Y
Window Features Insulated Screens
Fireplace Y/N N
Above Grade Finished Area 1790
Full Baths 3
Street Suffix STREET
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Entry Level 7
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
Number of Elevators 5
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Cable TV Available Electric Available
Possession Settlement
Roof Flat
Appliances Built-In Microwave Dishwasher Disposal Dryer Freezer Oven/Range - Electric Refrigerator Washer
Exterior Features Exterior Lighting Outside Shower Sidewalks Underground Lawn Sprinkler
Zoning RESIDENTIAL
Garage Spaces 2.00
Association Fee Includes Common Area Maintenance Ext Bldg Maint Health Club Insurance Management Pool(s) Reserve Funds Water
Patio/Porch Features Balcony
Architectural Style Unit/Flat
Construction Materials Concrete Metal Siding
Exclusions See Inventory Addendum
Year Built 2008
Electric Circuit Breakers
View Bay City Ocean
Levels 1
Other Fees 830.00
Unit Number 703
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Waterfront Features Sandy Beach
Building Name Gateway Grand
Accessibility None
HOA Fee 2 922.00
County WORCESTER
New Construction N
Property Type Residential
Association Amenities Common Grounds Elevator Exercise Room Fitness Center Game Room Meeting Room Party Room Pool - Indoor Pool - Outdoor Swimming Pool
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Facing Direction West
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Coastal Hwy South Left on 48th Street Building oceanfront on Left.
City OCEAN CITY
Buyer Agent Compensation 2.5
Body of Water Atlantic
Disclosures Conserv Area Prop Disclaimer
Other Fees Frequency One Time
Senior Community Y/N N
Zoning Description Residential Condominium
Total Units 1
MLS Area Oceanfront Indirect View (81)
Waterfront Y/N Y
Street Name 48TH
HOA Fee 2 Frequency Monthly
Tax Annual Amount 9071.0
Home Warranty Y/N N
Property Condition Excellent
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Y
Bathrooms Full Main Level 3
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total 630.73
Acceptable Financing Cash Conventional
Community Pool Features Heated Indoor In Ground
Lease Considered Y/N N
Vacation Rental Y/N Y
Virtual Tour https://my.matterport.com/show/?m=GMiMj28HLQU&brand=0
Days on Market 7
Location Type Oceanblock
Builder Name Bovis Lendlease
Standard Status Active
Year Built Source Assessor
Legal Subdivision GATEWAY GRAND
Tax Lot 703
Buyer Agent Compensation Type % Of Gross
Federal Flood Zone X
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Exterior
Pool Yes - Community
Parking Features Electric Vehicle Charging Station(s) Handicap Parking Lighted Parking Paved Driveway Secure Parking Surface Unassigned
Lot Features Premium
Water Source Public
Inclusions See Inventory Addendum
Garage Features Covered Parking
Type of Parking Attached Garage Parking Lot
Foundation Details Pillar/Post/Pier
Water View Y/N Y
Lot Dimensions 0.00 x 0.00
Water Body Type Ocean
Door Features Insulated Sliding Glass
Builder Model F
Horse Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 2
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* Excluded Features
List By
Keller Williams Realty Delmarva

Broker

jon@markf.com

Email

Affordability Calculator

$8,260
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,504
Monthly Property Taxes
$756
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3534738 Elementary School
3535750 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$1,129,000 Listed Price

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2 48Th Street # 703, Ocean City, MD, 21842 is a Condo for sale at $1,129,000 with 1,790 sqft. 2 48Th Street # 703 has 3 bedrooms, 3.0 baths, and was built in 2008. The property's zip code is 21842 which is in Ocean City, MD