2 48Th Street # 1612 GATEWAY GRAND Ocean City, MD $ 2,179,000
2 48Th Street # 1612 GATEWAY GRAND
$ 2,179,000
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2 48Th Street # 1612 GATEWAY GRAND

Ocean City, MD, 21842
$ 2,179,000
Bedrooms4 Baths4.0 Sq 2,184

Monthly Estimate*

$ 13,416

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Condo for sale in Ocean City, MD

for $2,179,000 with 4 bedrooms and 4 full baths. This 2,184 square foot condo was built in 2008.

Penthouse-like living meets one of the most commanding vantage points in Ocean City. Positioned on the northeast corner of the 16th floor at the Gateway Grand, Residence 1612 offers a rare combination of elevation, scale, and unobstructed sight-lines stretching from the Atlantic Ocean to the Assawoman Bay, across North Ocean City, and toward the Route 90 bridge. This may just be one of the most impressive residences in the entire building. This direct oceanfront end unit features a one-of-a-kind floorplan and is among the largest in the building, offering 2,000+ square feet with four bedrooms and four full baths. Countless windows and sliders capture sunrise over the ocean and sunset over the bay, with the living area, primary suite, and a guest bedroom all enjoying panoramic views that elevate the entire living experience. The primary suite delivers captivating ocean and bay vistas and is complemented by an all marble bath with a walk in shower and soaking tub. The residences layout balances openness with privacy, ideal for hosting family and guests while maintaining a refined, comfortable flow throughout. This home is offered unfurnished, providing a blank canvas for a new owner to personalize without constraint. The kitchen is equipped with gourmet appliances and designed to support both everyday living and entertaining, while remaining connected to the dramatic coastal backdrop with the views that define this home. Gateway Grand is widely recognized as one of Ocean Citys premier luxury condominium buildings, offering an unparalleled ownership experience. Amenities include heated indoor and outdoor pools, a fitness center, gated parking garage, deeded storage lockers, owners lounge, grand lobby, on site building management, and security. The property conveys with three parking passes, a notable advantage for a four bedroom residence. Owners are permitted to have pets, while guests and renters are not. The midtown location provides exceptional access to local dining, entertainment, and everyday conveniences, while remaining comfortably removed from downtown congestion. Proximity to the Route 90 bridge allows for seamless arrival and departure, and the Boardwalk is easily accessible without the intensity of a downtown address. While this residence has never been rented and has been enjoyed as a primary home, the Gateway Grand has a long established history of demand for luxury rentals, offering future flexibility for a new owner. The home is offered as the seller relocates closer to family, presenting a rare opportunity to secure a one-of-a-kind oceanfront residence with scale, privacy, and views that are increasingly difficult to replicate. *Property is owner occupied. Please provide advanced notice for showings.

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Condo Coming Soon

Price

$ 2,179,000

Bedrooms

4

Full Bath

4

Property Type

Condo

Taxes

$ 19,223

Style

Unit/Flat

Year Built

2008

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2035748

Features
General
Living Area 2184
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Utilities Cable TV Electric Available
Possession Settlement
Roof Built-Up
Appliances Built-In Microwave Dishwasher Disposal Dryer Exhaust Fan Icemaker Oven/Range - Electric Washer
Zoning RESIDENTIAL CONDOMINIUM
Garage Spaces 3.00
Association Fee Includes Common Area Maintenance Health Club Insurance Management Pool(s) Reserve Funds Water Ext Bldg Maint Snow Removal Trash
Patio/Porch Features Balcony
Architectural Style Unit/Flat
Security Features Sprinkler System - Indoor
Construction Materials Masonry
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions Unfurnished. 4 Chandeliers. Kitchen cabinet knobs.
Year Built 2008
Electric Circuit Breakers
View City Bay Ocean
Levels 1
Other Fees 280.00
Unit Number 1612 GATEWAY GRAND
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Waterfront Features Sandy Beach
Building Name Gateway Grand
Accessibility None
HOA Fee 2 1354.00
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 Security Swimming Pool
HOA N
Subdivision Name NONE AVAILABLE
Facing Direction West
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade Below Grade
Full Baths 4
Status COMING SOON
Directions Coastal Highway to 48th Street; Ocean Front
City OCEAN CITY
Body of Water Atlantic
Disclosures Conserv Area Prop Disclaimer
Other Fees Frequency One Time
Senior Community Y/N N
MLS Area Direct Oceanfront (80)
HOA Fee 2 Frequency Monthly
Tax Annual Amount 19223.0
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 4
Bathrooms Count Main Level 4.00
Price Per Sq Ft Total AG 997.71
Community Pool Features Heated Indoor In Ground
Vacation Rental Y/N N
Location Type Oceanfront
Builder Name Bovis Lendlease
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision GATEWAY GRAND
Tax Lot 1612
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Interior
Interior Amenities Ceiling Fan(s) Combination Dining/Living Combination Kitchen/Dining Combination Kitchen/Living Entry Level Bedroom Floor Plan - Open Sprinkler System Walk-in Closet(s) Crown Moldings Carpet Dining Ar
Heating Fuel Electric
Flooring Carpet Ceramic Tile Luxury Vinyl Plank
Hot Water Electric
Common Walls 1 Common Wall 1 Common Wall
Basement (Y/N) N
Heating Y/N Y
Window Features Insulated Screens
Fireplace Y/N N
Above Grade Finished Area 2184
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 0
Entry Level 16
Main Level Bedrooms 4
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 Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
Number of Elevators 5
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Exterior
Exterior Amenities Exterior Lighting Outside Shower Sidewalks Underground Lawn Sprinkler
Pool Yes - Community
Parking Features Electric Vehicle Charging Station(s) Handicap Parking Lighted Parking Paved Parking Permit Included Surface Unassigned
Water Source Public
Inclusions See Inventory Addendum
Garage Features Covered Parking
Type of Parking Parking Garage Off Street Parking Lot
Foundation Details Pillar/Post/Pier
Water View Y/N Y
Lot Dimensions 0.00 x 0.00
Water Body Type Ocean
Waterfront Y/N Y
Door Features Insulated
Water Access Features Public Beach Swimming Allowed
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

grant@grantf.com

Email

Affordability Calculator

$15,018
Per Month
89%
11%
0%
Monthly Principal & Interest
$13,416
Monthly Property Taxes
$1,602
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
3534738 Elementary School
3535750 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$2,179,000 Listed Price

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2 48Th Street # 1612 GATEWAY GRAND, Ocean City, MD, 21842 is a Condo for sale at $2,179,000 with 2,184 sqft. 2 48Th Street # 1612 GATEWAY GRAND has 4 bedrooms, 4.0 baths, and was built in 2008. The property's zip code is 21842 which is in Ocean City, MD