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Off market
  • $1,072,900

    2 48th St UNIT 401, Ocean City, MD 21842

    4beds
    2,385sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,072,900 Zestimate®
    $450/sqft
    $-- HOA

    What's special

    A new opportunity awaits you at The Gateway Grand. This 4 bedroom 3 Bathroom residence boasts 2,385 interior square feet and 385 square feet of exterior balcony space spread over 2 separate balconies. With sweeping views of the Ocean, Ocean City, and the Bay you will not want to leave the oversized living room. The eat-in kitchen features stainless steel appliances and granite counter tops. Each of the 4 bedrooms has access to the 2nd balcony to conveniently enjoy morning coffee. The owner's suite features a walk-in closet and attached bath with whirlpool tub and a double vanity. The residence was rented and grossed over $52,000 in income during the 2020 season. The Gateway Grand features an unmatched amenity package including heated indoor and outdoor pools, 3 owner's lounges, state of the art fitness center, kids club room, parking garage with electric car chargers, and the list continues. Call today for your private showing appointment! Deed storage locker #169 conveys with residence.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Heat pump
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave
    Features
    • Ceiling Fan(s), Elevator, Kitchen Island, Window Treatments, Pantry, Recessed Lighting, Walk-In Closet(s), Dining Area, Eat-in Kitchen, Crown Molding, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Combination Dining/Living, Upgraded Countertops, Chair Railings, Combination Kitchen/Dining, WhirlPool/HotTub, Combination Kitchen/Living, Flat, Tub Shower, Primary Bath(s)
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,385 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Exterior features: Cement / Concrete, Metal
    • Pool features: In Ground, Heated, Indoor, Community
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10763622
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Built-up
    Condition
    • Year built: 2008

    Utilities & green energy

    • Utilities for property: Cable

    Community & neighborhood

    Location
    • Region: Ocean City
    • Municipality: Ocean City

    HOA & financial

    Other financial information
    • Total actual rent: 53105

    Other

    Other facts
    • Appliances: Dishwasher, Refrigerator, Disposal, Built-in Microwave, Exhaust Fan, Washer, Dryer - Electric, Stainless Steel Appliance(s), Oven/Range - Electric
    • InteriorFeatures: Ceiling Fan(s), Elevator, Kitchen Island, Window Treatments, Pantry, Recessed Lighting, Walk-In Closet(s), Dining Area, Eat-in Kitchen, Crown Molding, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Combination Dining/Living, Upgraded Countertops, Chair Railings, Combination Kitchen/Dining, WhirlPool/HotTub, Combination Kitchen/Living, Flat, Tub Shower, Primary Bath(s)
    • GarageYN: true
    • Heating: Other, Heat Pump
    • HeatingYN: true
    • CoolingYN: true
    • ConstructionMaterials: Concrete, Metal Siding
    • StoriesTotal: 1
    • Cooling: Heat Pump, Other
    • SpecialListingConditions: Standard
    • ParkingFeatures: Covered, Unassigned, Paved, Parking Garage, Secured, Lighted, Electric Vehicle Charging Station(s), Surface, Handicap Parking
    • PoolFeatures: In Ground, Heated, Indoor, Community
    • Utilities: Cable
    • AccessibilityFeatures: Accessible Elevator Installed
    • BelowGradeFinishedArea: 0
    • NumberOfUnitsInCommunity: 196
    • BuildingName: Gateway Grand
    • StructureType: Unit/Flat/Apartment
    • MlsStatus: Active
    • Municipality: Ocean City
    • TaxAnnualAmount: 10140.0
    • TotalActualRent: 53104.80
    Services availability
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    $1,072,900
    2% more+ $21,458
    With Showcase(estimated)
    $1,094,358