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$1,175,000
2 Days On Site

Gateway Grand
2 48TH STREET 401
OCEAN CITY, MD 21842

For Sale|Condominium|Active
4
Beds
3
Total Baths
3
Full Baths
2,385
SqFt
$493
/SqFt
2008
Built
County:
WORCESTER
Listing courtesy of Keller Williams Realty Delmarva
Call Now: 443-318-4514
Is this the listing for you? We can help make it yours.
443-318-4514
2 48TH STREET 4012 48TH STREET 4012 48TH STREET 4012 48TH STREET 401
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This 2385 square foot 4 Bedroom 3 Bathroom Residence at the Gateway Grand is a must see! One of the most impressive parts of this condominium is the oversized living room, which is one of the largest in the building. The residence features two balconies, one of which is accessible from each bedroom and the very large living room. You will appreciate the southern exposure location which provides an abundance of natural light and warmth. From the fourth floor you have views of the Atlantic Ocean from the Southern balcony that extends beyond the other residence balconies in front of it. The Gateway Grand is one of Ocean City's newest and most spectacular luxury condominium building featuring an abundance of amenities including a heated indoor and outdoor pool, state of the art fitness center, private owners' lounges, on-site property management, on-site maintenance team, gated parking garage, kids club, and so much more. Ground floor deeded storage locker #169 conveys with residence. 2026 rentals must be honored. See attached rental schedule for reference in documents section. Grossed $58,149 in rental income in 2025 and already has $50,610 booked for 2026. The pictures of this residence were taken when it was last sold. New updated images and a virtual tour will be uploaded ASAP.

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Listing Snapshot
Price 
$1,175,000
Days On Site 
2 Days
Bedrooms 
4
Inside Area (SqFt) 
2,385 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2008
MLS® Number 
MDWO2036498
Status 
Active
Property Tax 
$10,878
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Attached Garage 
Yes
Direction Faces 
West
Foundation 
Pillar/Post/Pier
Garage 
Yes
Garage Spaces 
3
Levels 
One
Number Of Stories 
17
Parking 
Electric Vehicle Charging Station(s)UnassignedLightedSecuredGarageParking LotCoveredAttached
Parking Spaces 
3
Pets 
Cats OKDogs OKNumber LimitYes
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2385
SqFt Total 
2385
Style 
Unit/Flat
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Zoning 
RESIDENTIAL
Interior Features
Appliances 
Electric RangeElectric OvenElectric Water HeaterWasherDishwasherDisposalDryerIce MakerRefrigeratorMicrowave
Cooling 
Central AirCeiling Fan(s)Electric
Electric 
Circuit Breakers
Flooring 
CarpetCeramic Tile
Furnished 
Furnished
Heating 
ElectricHeat Pump
Interior 
Ceiling Fan(s)Crown MoldingOpen FloorplanSoaking Tub
Laundry Features 
Washer Hookup
Main Level Bedrooms 
4
Window Features 
Window CoveringsInsulated WindowsScreensWindow Treatments
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Exterior Features
Construction Details 
ConcreteMetal Siding
Exterior 
BalconyLighting
Patio And Porch 
Wrap Around
Pool Features 
Community
Roof 
Flat
View 
WaterCityOcean
Waterfront Features 
Ocean FrontBeach Access
Waterview 
WaterCityOcean
Windows/Doors 
Window CoveringsInsulated WindowsScreensWindow Treatments
Community Features
Accessibility Features 
Therapeutic Whirlpool
Association Amenities 
Fitness CenterGame RoomMeeting RoomParty RoomElevator(s)
Association Dues 
1336
Community Features 
PoolSidewalks
HOA Fee Frequency 
Monthly
MLS Area 
Oceanfront Indirect View (81)
School District 
WORCESTER COUNTY PUBLIC SCHOOLS
Schools
School District
WORCESTER COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty Delmarva



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