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  • $1,249,900

    2 48th St UNIT 309, Ocean City, MD 21842

    3beds
    1,790sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,287,400 Zestimate®
    $698/sqft
    $808/mo HOA

    What's special

    Beautifully designed, this 3 bedroom 3 bathroom residence at the Gateway Grand is impressive. As soon as you enter through the front door you will be awed by the oceanfront location. From the inspiring sunrises to the ever changing glow of the sunsets you will want to spend as much time as possible in this location. Not to mention, this residence is located on the 3rd floor of the building allowing easy access to the stairs and covered bridge to the parking garage just one floor below. This residence is being sold fully furnished with the exception of some personal items and is a turn key investment property. There are four high-end picture frame TVs that convey with the property, an exciting feature for the technology guru in your family. In addition, nearly the entire summer of 2023 is pre-booked and the new owners will gain the income from those weekly rentals. The Gateway Grand, one of Ocean City's newest luxury high-rises, has amenities that include heated indoor and outdoor pools, 24/7 fitness center, kid's club room, multiple owner's lounges, grand lobby, staffed front desk, on-site management, on-site maintenance, secure access parking garage, security staff making rounds in the evenings, and the list continues. Make sure to put The Gateway Grand on your list of must see properties. Deeded storage locker #94 conveys with the residence and is located on the ground floor.

    Zillow last checked: 7 hours ago

    Listing updated: April 18, 2023 at 08:01am

    Listed by:

    Jonathan M Barker 410-935-3810,

    Keller Williams Realty Delmarva,

    Listing Team: The Fritschle Barker Group, Co-Listing Team: The Fritschle Barker Group,Co-Listing Agent: Grant K Fritschle 410-430-5880,

    Keller Williams Realty Delmarva

    Bought with:

    Kimberly McGuigan

    Shore Results Realty

    Source: Bright MLS,MLS#: MDWO2012606MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Washer, Stainless Steel Appliance(s), Refrigerator, Oven/Range - Electric, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Molding, Entry Level Bedroom, Flat, Open Floorplan, Kitchen Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Dry Wall
    • Flooring: Carpet
    • Doors: Insulated, Sliding Glass
    • Windows: Insulated Windows, Screens, Window Treatments
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,790
    • Total interior livable area: 1,790 sqft
    • Finished area above ground: 1,790
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Electric Vehicle Charging Station(s), Handicap Parking, Lighted, Paved, Secured, Surface, Unassigned, Attached, Parking Lot
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Outdoor Shower, Sidewalks, Underground Lawn Sprinkler, Balcony
    • Pool features: Community
    • Spa features: Bath
    • Has view: Yes
    • View description: Ocean, Panoramic
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Sandy Beach, Oceanfront, Ocean
    • Body of water: Atlantic
    • Frontage length: Water Frontage Ft: 40
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410763541
    • Zoning: RESIDENTIAL CONDOMINIUM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Metal Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Flat
    Condition
    • Excellent
    • New construction: No
    • Year built: 2008
    Details
    • Builder name: Bovis Lendlease

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Cable

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Community
    • Community features: Pool
    Location
    • Region: Ocean City
    • Subdivision: None Available
    • Municipality: Ocean City

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Elevator(s), Fitness Center, Game Room, Meeting Room, Party Room, Indoor Pool, Pool
    • Services included: Common Area Maintenance, Maintenance Structure, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water
    • Association name: Gateway Grand
    Other fees
    • Condo and coop fee: $808 monthly
    Other financial information
    • Total actual rent: 53325

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    Services availability
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    $1,287,400
    2% more+ $25,748
    With Showcase(estimated)
    $1,313,148