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  • $1,060,000

    2 48th St UNIT 703, Ocean City, MD 21842

    3beds
    1,790sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,083,400 Zestimate®
    $592/sqft
    $922/mo HOA

    What's special

    Net Rental Income in 2024 was $50,527.36! The Gateway Grand #703 - A Luxurious Oceanfront Residence Nestled high above the surrounding properties, on the 7th floor of The Gateway Grand, #703 is a meticulously maintained 3-bedroom residence that epitomizes luxury living in Ocean City. This exquisite property boasts a spacious and open floorplan, providing an inviting ambiance and an abundance of natural light. One of its most striking features is the breathtaking southern-exposure panoramic views that grace this home. From its private balcony, residents and guests can revel in stunning vistas of the city skyline, the serene ocean, and the tranquil bay, making every moment a visual delight. Sunrise to Sunset this residence provides some of the most captivating views in the city. This residence has been lovingly cared for, with attention to detail evident in every corner. The living spaces are thoughtfully designed, offering both comfort and elegance. Whether you're enjoying a meal in the gourmet kitchen, lounging in the living room, or retiring to one of the three cozy bedrooms, you'll be enveloped in luxury. The Gateway Grand itself is Ocean City's pinnacle of oceanfront living. With its impeccable amenities and prime location, it offers residents a lifestyle of convenience and sophistication. From the elegant lobby to the direct beach access, the heated indoor pool, or the state-of-art fitness center, every aspect of this building is designed to cater to the desires of discerning homeowners. In summary, The Gateway Grand #703 is not just a residence; it's a sanctuary where you can indulge in the finest coastal living. Whether you're captivated by the ocean's waves, the city's charm, or the bay's tranquility, this property presents a unique opportunity to savor it all in one stunning package. Deeded mezzanine storage locker 143 conveys with residence. Buyer to honor any booked rentals for 2024.

    Zillow last checked: 7 hours ago

    Listing updated: November 15, 2024 at 04:51am

    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:

    Nicholas Bobenko, 595785

    Coastal Life Realty Group LLC

    Source: Bright MLS,MLS#: MDWO2020868MLS 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
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Dry Wall
    • Flooring: Carpet, Ceramic Tile
    • Doors: Insulated, Sliding Glass
    • Windows: Insulated Windows, Screens
    • 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, Driveway, Secured, Surface, Unassigned, Attached, Parking Lot
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Outdoor Shower, Sidewalks, Underground Lawn Sprinkler, Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Bay, City, Ocean
    • Has water view: Yes
    • Water view: Bay,Ocean
    • Waterfront features: Sandy Beach, Oceanblock, Ocean
    • Body of water: Atlantic
    • Frontage length: Water Frontage Ft: 20
    Lot
    • Features: Premium
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410764084
    • Zoning: RESIDENTIAL
    • Zoning description: 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 model: F
    • 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

    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: $922 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    Services availability
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    $1,083,400
    2% more+ $21,668
    With Zillow Showcase(estimated)
    $1,105,068