2 48Th Street # 214 Ocean City, MD $ 995,500
2 48Th Street # 214
$ 995,500
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2 48Th Street # 214

Ocean City, MD, 21842
$ 995,500
Bedrooms3 Baths3.0 Sq 1,790

Monthly Estimate*

$ 6,211

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Condo for sale in Ocean City, MD

for $995,500 with 3 bedrooms and 3 full baths. This 1,790 square foot condo was built in 2008.

Seller now offering ONE FULL YEAR of condo fees paid at settlement with an acceptable offer. Dont 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 kids club room filled with video games and board games. The building also features climate-controlled beach storage, multiple owners 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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Condo Active

Price

$ 995,500

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
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 556.15
Acceptable Financing Cash Conventional
Community Pool Features Heated Indoor In Ground
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
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
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

$6,911
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,211
Monthly Property Taxes
$701
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
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

Map


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2 48Th Street # 214, Ocean City, MD, 21842 is a Condo for sale at $995,500 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