Seller priced it to SELL. Southern exposure with GREAT views. Here is your opportunity to own in Ocean City's Most LUXURIOUS oceanfront building. Enjoy all of the features and amenities that The Gateway has to offer including, indoor pool, outdoor pool, fitness center, kids club, owners lounge, on-site property management, private sun deck, security, controlled access, private parking, storage lockers, high-efficiency water-source HVAC systems, Alucobond exterior siding, sound-insulated interior walls, and so much more. This property is a great rental with a strong history of consistently producing over $40k in rental income.
Off market
$934,100
2 48th St UNIT 502, Ocean City, MD 21842
3beds
1,790sqft
Condo
Built in 2008
-- sqft lot
$934,100 Zestimate®
$522/sqft
$693/mo HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Ceiling Fan(s), Kitchen Island, Recessed Lighting, Walk-In Closet(s), Other, Eat-in Kitchen, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Combination Dining/Living, Breakfast Area, Family Room Off Kitchen, Combination Kitchen/Dining, Combination Kitchen/Living
- Flooring: Carpet
- Basement: Partially finished
Interior area
- Total interior livable area: 1,790 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Accessibility
- Accessibility features: 36"+ wide Halls
Features
- Exterior features: Cement / Concrete, Metal
- Pool features: In Ground, Heated, Indoor, Community, Fenced, Other
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 10763797
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary, Coastal
Condition
- Year built: 2008
Community & neighborhood
Location
- Region: Ocean City
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $693 monthly
Other financial information
- Total actual rent: 40000
Other
Other facts
- InteriorFeatures: Ceiling Fan(s), Kitchen Island, Recessed Lighting, Walk-In Closet(s), Other, Eat-in Kitchen, Carpet, Open Floorplan, Sprinkler System, Entry Level Bedroom, Combination Dining/Living, Breakfast Area, Family Room Off Kitchen, Combination Kitchen/Dining, Combination Kitchen/Living
- GarageYN: true
- Heating: Other, Central
- HeatingYN: true
- CoolingYN: true
- ArchitecturalStyle: Contemporary, Coastal
- ConstructionMaterials: Frame, Concrete, Aluminum Siding, Metal Siding, Advanced Framing
- StoriesTotal: 1
- SpecialListingConditions: Standard
- ParkingFeatures: Covered, Unassigned, Off Street, On Street, Detached Garage, Paved, Fenced, Off Site, Lighted, Parking Lot, Private, Asphalt, Handicap Parking
- TotalActualRent: 40000.00
- CoveredSpaces: 2
- PoolFeatures: In Ground, Heated, Indoor, Community, Fenced, Other
- Cooling: Central Air, Other
- BelowGradeFinishedArea: 0
- NumberOfUnitsInCommunity: 196
- AccessibilityFeatures: 36"+ wide Halls
- BuildingName: Gateway Grand
- StructureType: Unit/Flat/Apartment
- MlsStatus: Active
Services availability
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$934,100
2% more+ $18,682
With Zillow Showcase(estimated)
$952,782