2 48Th Street # 801 GATEWAY GRAND

Ocean City, MD
$ 1,129,900 Beds 4 Baths 3 Sq 2,385 Virtual Tour
Monthly Estimate* How much can I afford?

Take a look at this newly renovated, much sought after, 4-bedroom End-Unit situated high above the rooftops on the 8th floor of Ocean City's most luxurious oceanfront high-rise. Enjoy breathtaking panoramic views from this open concept condo that feels like its wrapped in Windows, windows, and more windows! Start your day on one of two oversized balconies, offering sunrise-to-sunset views. Inside you'll notice the brand new LVP flooring, professional millwork, designer decor, all-marble master bath, and the gourmet kitchen. This is your chance to own one of the largest floorplans in the building. Great rental income. $70,000+/- annual income! Buyer to honor existing rentals.


  • Price
  • $ 1,129,900
  • Lot Size
  • Bedrooms
  • 4
  • Sqr Footage
  • 2,385
  • Full Bathrooms
  • 3
  • Year Built
  • 2008
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • County
  • Style
  • Unit/Flat
  • Area
  • Oceanfront Indirect View
  • MLS#
  • MDWO114752
  • Zip
  • 21842
Listing Provided by: Keller Williams Realty Delmarva



Acceptable Financing Conventional
Accessibility Elevator
Appliances Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer
Architectural Style Unit/Flat
Association Amenities Exercise Room, Pool - Indoor, Pool - Outdoor, Security, Common Grounds, Elevator, Extra Storage, Fitness Center, Meeting Room, Swimming Pool
Association Fee Includes Common Area Maintenance, Insurance, Management, Ext Bldg Maint, Pool(s), Reserve Funds, Snow Removal, Water
Association Y/N No
Building Name Gateway Grand
Condo/Coop Association Y/N Yes
Construction Materials Masonry, Modular/Manufactured
Cool Fuel Electric
Cooling Central A/C
Electric Circuit Breakers
Elementary School OCEAN CITY
Exclusions Personal Items, items in closets, cabinets and drawers. Dining cabinet, sofa table, patio furniture
Exterior Features Outside Shower
Facing Direction East
Floors In Unit Count 1
Garage Y/N No
HOA Fee 2 11328.00
HOA Fee 2 Frequency Annually
Heating Other, Floor Furnace
Interior Features Entry Level Bedroom, Crown Moldings, Upgraded Countertops, Sprinkler System, Walk-in Closet(s), WhirlPool/HotTub, Wine Storage, Ceiling Fan(s)
Legal Subdivision GATEWAY GRAND
Levels 1
MLS Area Oceanfront Indirect View (81)
New Construction No
Other Fees 100.00
Other Fees Frequency One Time
Other Structures Above Grade
Ownership Condominium
Parking Features Handicap Parking, Secure Parking
Patio/Porch Features Balcony
Pool Features In Ground, Indoor
Possession Settlement
Price Per Sq Ft 473.75
Property Type Residential
Real Estate Owned Y/N No
Roof Built-Up
Security Features Sprinkler System - Indoor
Senior Community Y/N No
Sewer Public Sewer
Structure Type Unit/Flat/Apartment
Subdivision Name NONE AVAILABLE
Tax Year 2020
Total Units 196
Unit Number 801 GATEWAY GRAND
Utilities Cable TV
Vacation Rental Y/N No
View Ocean, Water
Water Access Y/N No

Interior Features

Above Grade Finished Area 2385
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Bathrooms Count Main Level 3.00
Bathrooms Full Main Level 3
Central Air Y/N Yes
Entry Level 8
Full Baths 3
Heating Fuel Electric
Heating Y/N Yes
Hot Water Other
Living Area 2385
Main Level Bedrooms 4
Number of Elevators 5
Total Baths 3
Total Bedrooms 4
Total Rooms 11
Window Features Insulated, Screens

Exterior Features

Foundation Details Pillar/Post/Pier
Inclusions Sold furnished
Lot Features Cleared
Navigable Water Y/N No
Pool Y/N Yes - Personal
Roadresponsibility Public
Type of Parking Off Street
Water Oriented Y/N No
Water Source Public
Water View Y/N Yes
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator


Per Month

Based on the average sale price from the Fredicksburg, Virginia office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% 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.


Elementary School Ocean City Elementary School
Middle School Stephen Decatur Middle School
High School Stephen Decatur High School

Price History

6/29/2020 Listed $1,129,900

Property vs Zip Code Average in 21842

AVG $430K
AVG 46
Year Built
AVG 1988
AVG 48
Data Provided by Walkscore ® not using MLS data


2 48Th Street # 801 GATEWAY GRAND Ocean City, MD is a Single Family Home for sale at $1129900 with 2385 sqft and a lot size of Acre(s). 2 48Th Street # 801 GATEWAY GRAND Ocean City has 4 bedrooms, 3 baths and was built in 2008. The property's zip code is 21842 which is in Ocean City, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.