2 48Th Street #1110, Ocean City, MD 21842-6495 $1,350,000

Beds/Baths: 3/3
Interior Sq. Ft: 1,790
Acreage:
Age:17 years
Style:
Unit/Flat
MLS#: MDWO2028864
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment

Description

A stunning oceanfront retreat now available for sale at The Gateway Grand, one of Ocean City's most luxurious condominium complexes. Take a ride on the highspeed elevator and as the doors open you will be taken back by the sweeping panoramic views from the Ocean to the Bay featuring all of Ocean City even as far as Bethany Beach, DE. Once you arrive at the front door of the condo opening the door reveals a direct oceanfront view looking straight down the hallway to the oceanfront living room. You will be impressed with the ceramic tile floors, granite countertops in the bathrooms and kitchen, and marble surfaces in the primary bathroom. The current owners have meticulously maintained the property. They have upgraded the appliances, including the stainless steel kitchen appliances and washer and dryer. This property delivers turn-key including all furnishings and kitchen contents. The Gateway Grand has an abundance of amenities including a heated indoor pool open year-round, a heated outdoor pool open from Memorial Day to Labor Day, a kid's club room with tons of activities, and 24/7 fitness center. The lobby has two story vaulted ceilings and floor to ceiling glass windows with ocean views. There are security cameras on property and on-site security staff in the evening to give piece of mind. This residence comes with two unassigned parking spots in the large gated parking garage that has two elevators and several electric car chargers. After a long day at the beach, enter the ground floor storage room, rinse off with the warm indoor showers, and secure all of your beach gear in your deeded storage locker #84. Gateway Grand has an active social committee that plans fun events for owners and guests such as their annual 4th of July Pig Roast and Golf Tournament. Become a part of this community today, you will be impressed! New owner must honor all 2025 rentals.

Taxes: $12,547
Home Assoc: No
Condo Assoc: $949/Monthly
Garage: Y
Basement: N
Pool: Yes - Community
School Dist: Worcester County Public Schools

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Atlantic; Water Body Type: Ocean; Waterfront: Sandy Beach; Types of Use: Public Beach, Swimming Allowed; Navigable: No;

Utilities
Heat Pump(s), , Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Circuit Breakers, Dryer In Unit, Washer In Unit, Cable TV, Electric Available

Garage/Parking
Off Street, Parking Garage, Parking Lot, Covered Parking, Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Surface Parking

Interior
Carpet, Ceiling Fan(s), Combination Dining/Living, Sprinkler System, Walk-in Closet(s), Carpet Flooring, Ceramic Tile Flooring, 9'+ Ceilings, Dry Wall, Accessibility - Doors - Lever Handle(s), Insulated Windows, Window Screens, Sliding Glass Doors, Desk in Lobby, Exterior Cameras, Main Entrance Lock, Security System, Sprinkler System - Indoor

Exterior
Pillar/Post/Pier Foundation, Built-Up Roof, Masonry, Balcony, Outside Shower, Secure Storage, Water Fountains, Heated Pool, Indoor Pool, In Ground Pool

Lot
Cleared Lot, Oceanfront, Ocean View, Water View

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (1 schools)

School District Grades Place Distance
Ocean City Elementary Worcester County Public Schools Preschool–4 Ocean City 2.82 mi

Private (1 schools)

School Grades Place Distance
Seaside Christian Academy Christian (no specific denomination) Preschool–12 Ocean City 3.14 mi

© 2025 LiveBy. All Rights Reserved.

This report is a detailed community overview for Ocean City (21842), Maryland.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $46,876

Community Summary

  • Population Density (ppl / mile): 683
  • Household Size (ppl): 2.04
  • Households w/ Children: 22%

Housing Inventory

  • Owned: 3,625 (11.1%)
  • Rented: 1,559 (4.8%)
  • Vacant: 27,482 (84.1%)
  • Total: 32,666

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 10,655
Households: 5,184
Median Age: 52.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 2.8%
  • Some High School: 5.5%
  • High School Graduate: 28.9%
  • Some College: 22.0%
  • Associate Degree: 8.5%
  • Bachelor's Degree: 21.3%
  • Graduate Degree: 10.9%

Income by dollar range

Median Income: $55,064

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $713
  • One Bedroom: $830
  • Two Bedroom: $1,105
  • Three Bedroom: $1,412
  • Four Bedroom: $3,501

© 2025 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 2/24/2025.

2 48Th Street #1110, Ocean City, MD 21842-6495

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.