BEDS3
BATHS3 full
SQUARE FEET1,790
MLS#MDWO2026410
STATUSACTIVE
PROPERTY TYPEResidential - Condominium
SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS
Property Description
Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023, $49,044.24 in 2024 and $45,767.40 in 2025.
Property Features
Property Type: Residential - Condominium
Cooling: Central A/C
Fuel Type: Electric
Garage: 2
Heating: Central
Home Style: Unit/Flat
Roof Type: Flat
Stories: 1.0
Taxes: $10,084
Year Built: 2008
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer
Building Name: Gateway Grand
Community Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Condo/Coop Fee: $982.00/Monthly
Electric: Circuit Breakers
Exterior: Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Exterior: Concrete, Metal Siding
Flooring: Carpet, Ceramic Tile
Interior: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments
Lake Name: Atlantic Ocean
Location: Oceanblock
Lot: Premium
Municipality: Ocean City
Number of Rooms: 10
Parking Features: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned
Parking Notes: 2 Total Parking Spaces
Pet Restrictions: Cats OK, Dogs OK, Number Limit
Sewer: Public Sewer
Special View Info: Bay, City, Ocean
SQFT Above Finished: 1790
SQFT Total Finished: 1790
Structure Type: Unit/Flat/Apartment
Total Garage/Parking Spaces: 2
Units: 1
Utilities: Cable TV Available, Electric Available
Water: Public
Windows: Insulated, Screens
Local Schools
School District: WORCESTER COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Delmarva
Agency Phone: 4105246400
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 3,606.77 per month $2,445.90 Principal & Interest $840.33 Property Tax $320.54 Homeowner's Insurance
2 48th Street, Unit 402 | MLS# MDWO2026410
This condo located at 2 48th Street, Unit 402, Ocean City, MD 21842 is currently listed for sale with an asking price of $1,099,000. This property was built in 2008 and has 3 bedrooms and 3 full baths with 1790 sq. ft. 48th Street, Unit 402 is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on www.homesale.com today.