2 48Th Street # 214 Ocean City, MD $ 960,000
2 48Th Street # 214
$ 960,000
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2 48Th Street # 214

Ocean City, MD, 21842
$ 960,000
Bedrooms3 Baths3.0 Sq 1,790

Monthly Estimate*

$ 5,911

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Condo for sale in Ocean City, MD

for $960,000 with 3 bedrooms and 3 full baths. This 1,790 square foot condo was built in 2008.

New price: $960,000 currently the lowest-priced available residence at The Gateway Grand. This furnished 3-bedroom, 3-bath, 1,790 sq. ft. residence is a standout value in Ocean Citys premier oceanfront condominium building priced for todays ocean-view buyer, not direct-oceanfront pricing. Enjoy ocean and bay views from the private balcony, an open coastal floor plan, 9-ft. ceilings, gourmet kitchen, spacious living/dining areas, and the convenience of two parking spaces in the gated garage. The Gateway Grand lifestyle includes indoor and outdoor pools, fitness center with Atlantic views, owners lounges, kids club room, climate-controlled beach storage, outdoor showers, management, maintenance, security, and EV chargers. Seller is offering one full year of condo fees paid at settlement with an acceptable offer. A rare under-$1M opportunity in The Gateway Grand schedule your showing today.

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Condo Active

Price

$ 960,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 8,407

Style

Coastal

Year Built

2008

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2027534

Features
General
Living Area 1790
Sewer Public Sewer
Heating Central
Cooling Central A/C Ceiling Fan(s)
Possession Immediate 0-30 Days CD
Roof Flat
Appliances Built-In Microwave Dishwasher Dryer - Front Loading Icemaker Oven/Range - Electric Refrigerator Stainless Steel Appliances Stove Washer - Front Loading
Zoning RESIDENTAL
Garage Spaces 2.00
Association Fee Includes Common Area Maintenance Ext Bldg Maint Health Club Insurance Management Pool(s) Reserve Funds Water
Architectural Style Coastal
Security Features 24 hour security
Construction Materials Concrete Metal Siding
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions personal items
Year Built 2008
View Ocean Bay
Levels 1
Unit Number 214
Tax Year 2024
Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Building Name Gateway Grand
Accessibility Elevator
HOA Fee 2 949.00
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 N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade Below Grade
Total Rooms 6
Full Baths 3
Status ACTIVE
Directions GPS
City OCEAN CITY
Body of Water Atlantic Ocean
Senior Community Y/N N
MLS Area Oceanfront Indirect View (81)
HOA Fee 2 Frequency Monthly
Tax Annual Amount 8407.0
Home Warranty Y/N N
Property Condition Excellent
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 3
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total AG 536.31
Acceptable Financing Cash Conventional
Community Pool Features Heated In Ground Indoor Other
Vacation Rental Y/N Y
Location Type Oceanside
Standard Status Active
Year Built Source Assessor
Legal Subdivision GATEWAY GRAND
Tax Lot 214
Total Actual Rent 60000.00
Association Recreation Fee N
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Interior
Interior Amenities Bathroom - Jetted Tub Bathroom - Stall Shower Breakfast Area Carpet Ceiling Fan(s) Combination Dining/Living Combination Kitchen/Dining Combination Kitchen/Living Elevator Floor Plan - Open Kitchen -
Heating Fuel Electric
Flooring Ceramic Tile Carpet
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1790
Half Baths 0
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Entry Level 2
Room Type Living Room Dining Room Bedroom 2 Bedroom 3 Kitchen Bedroom 1 Laundry Bathroom 1 Bathroom 2 Bathroom 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Laundry Type Washer In Unit Dryer 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
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Exterior
Exterior Amenities Secure Storage
Pool Yes - Community
Parking Features Electric Vehicle Charging Station(s) Handicap Parking Lighted Parking Paved Parking Secure Parking Surface Unassigned
Water Source Public
Inclusions Fully furnished
Garage Features Inside Access Covered Parking
Type of Parking Parking Garage On Street
Water View Y/N Y
Lot Dimensions 0.00 x 0.00
Water Body Type Ocean
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 2
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* Excluded Features
List By
Coldwell Banker Realty

Broker

anna.spann@cbmove.com

Email

Affordability Calculator

$6,611
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,911
Monthly Property Taxes
$701
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
3536051 Elementary School
3533416 Middle School
Stephen Decatur High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$960,000 -3.57% Price Down
10/7/2025$995,500 -0.45% Price Down
3/24/2025$999,999 -2.44% Price Down
2/13/2025$1,025,000 -14.51% Price Down
12/21/2024$1,199,000 Listed Price

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2 48Th Street # 214, Ocean City, MD, 21842 is a Condo for sale at $960,000 with 1,790 sqft. 2 48Th Street # 214 has 3 bedrooms, 3.0 baths, and was built in 2008. The property's zip code is 21842 which is in Ocean City, MD