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2 48Th Street # 1602 Ocean City, MD $ 1,359,000
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2 48Th Street # 1602
$ 1,359,000
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2 48Th Street # 1602

Ocean City, MD, 21842
$ 1,359,000
Bedrooms3 Baths3.0 Sq 1,790

Monthly Estimate*

$ 8,368

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View a Virtual Tour

Condo for sale in Ocean City, MD

for $1,359,000 with 3 bedrooms and 3 full baths. This 1,790 square foot condo was built in 2008.

Club Level Residence 1602 is Coming Soon! A 3 bedroom 3 Bathroom 1790 square foot residence featuring some of the most astounding views of Ocean City, Maryland and beyond. This heavily upgraded space boasts custom millwork throughout, Luxury Vinyl Plank flooring in the kitchen, dining, and living areas, upgraded carpet in the bedrooms, and upgraded light fixtures. In addition, the furniture features coastal chic fabrics and woods. This light filled southern exposure condo will dazzle the occupants from sunrise to sunset with views of the Ocean, Ocean City Skyline, and Bay. Featuring an extremely efficient water source heat pump and on demand hot water you will be amazed at your low utility cost. This property is not currently a rental, but could produce over $60,000 in gross rental income as a weekly rental investment property. The Gateway Grand is one of Ocean City's newest and most prestigious condominium buildings. With on-site property management and the ability to hire on-site property maintenance staff for projects to be completed within your residence, owning and maintaining property at the beach could not be any more convenient. Enjoy the heated seasonal outdoor pool, year-round heated indoor pool, fully equipped fitness center featuring a view of the ocean, kid's club room, and multiple owner lounges. This residence is allotted 2 spaces in the parking garage which features two elevators, electric car chargers, and a covered bridge to the building. Come see what luxury looks like on Maryland's Eastern Shore! Residence conveys with deeded storage locker #173.

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Condo Active

Price

$ 1,359,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 14,463

Style

Unit/Flat

Year Built

2008

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2037478
Features
General
Living Area 1790
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C Ceiling Fan(s)
Utilities Cable TV Available Electric Available
Possession Settlement
Roof Flat
Appliances Dishwasher Disposal Dryer Icemaker Microwave Oven/Range - Electric Refrigerator Washer
Zoning RESIDENTIAL CONDOMINIUM
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
Security Features Sprinkler System - Indoor
Construction Materials Concrete Metal Siding
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions See Inventory Addendum for list of exclusions. Furnishings convey as a convenience.
Year Built 2008
Electric Circuit Breakers
View Bay City Ocean Panoramic
Levels 1
Other Fees 1580.00
Unit Number 1602
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Waterfront Features Sandy Beach
Building Name Gateway Grand
Accessibility None
HOA Fee 2 982.00
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
Facing Direction West
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 10
Full Baths 3
Status ACTIVE
Directions Coastal Hwy South Left on 48th Street Building oceanfront on Left.
City OCEAN CITY
Body of Water Atlantic
Disclosures Prop Disclaimer
Other Fees Frequency One Time
Senior Community Y/N N
Number Of Units Total 1
MLS Area Direct Oceanfront (80)
HOA Fee 2 Frequency Monthly
Tax Annual Amount 14463.0
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 759.22
Acceptable Financing Cash Conventional
Community Pool Features Heated Indoor In Ground
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=W4FuPFhbGxs&brand=0
Location Type Oceanblock
Builder Name Bovis Lendlease
Standard Status Active
Year Built Source Assessor
Legal Subdivision GATEWAY GRAND
Tax Lot 1602
Association Recreation Fee N
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Interior
Interior Amenities Crown Moldings Entry Level Bedroom Sprinkler System Upgraded Countertops Walk-in Closet(s) WhirlPool/HotTub Window Treatments Wine Storage
Heating Fuel Electric
Flooring Carpet
Hot Water Electric
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
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Entry Level 16
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit Main Floor
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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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 Secure Parking Surface Unassigned
Lot Features Cleared
Water Source Public
Inclusions Fully Furnished
Garage Features Covered Parking
Type of Parking Attached Garage Parking Lot
Foundation Details Pillar/Post/Pier
Spa N
Water View Y/N Y
Lot Dimensions 0.00 x 0.00
Water Body Type Ocean
Waterfront Y/N Y
Door Features Insulated Sliding Glass
Builder Model A
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

$9,573
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,368
Monthly Property Taxes
$1,205
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/2/2026$1,359,000 Listed Price

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2 48Th Street # 1602, Ocean City, MD, 21842 is a Condo for sale at $1,359,000 with 1,790 sqft. 2 48Th Street # 1602 has 3 bedrooms, 3.0 baths, and was built in 2008. The property's zip code is 21842 which is in Ocean City, MD

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