2 48Th Street # 1106

Ocean City, MD
$ 1,599,900 Beds 4 Baths 3 Sq 2,218 Virtual Tour
Monthly Estimate* How much can I afford?

Enjoy unparalleled and breathtaking panoramic views of the Atlantic Ocean, Downtown Ocean City, and the Assawoman Bay, all from the privacy of your own direct oceanfront 4BR end unit, located in Ocean City's most luxurious oceanfront building - The Gateway Grand. Featuring over 2200 square feet of indoor living space and 426 square feet of outdoor living space divided over 2 separate balconies, this professionally designed residence offers the best of beach living. Step into the living area of this open-concept floorplan, where you'll be surrounded by windows, sliders, and views of Ocean City like you've never experienced before. This oceanfront south-end-corner location means that every bedroom has views, views and more views! Upgrades include custom millwork, kitchen tile backsplash, designer furnishings, and professionally designed window treatments. Ground-floor deeded storage locker #11 conveys with the sale. The Gateway Grand offers owners and guests year-round amenities that include an oceanfront indoor pool, fitness center, outdoor pool, private sundeck, a game room, deeded storage lockers, on-site property management, secured access, owners lounges, grand lobby, security, gated parking garage, and so much more. If you're looking for the best of Ocean City, look no further. Schedule your private showing today.


  • Price
  • $ 1,599,900
  • Lot Size
  • Bedrooms
  • 4
  • Sqr Footage
  • 2,218
  • Full Bathrooms
  • 3
  • Year Built
  • 2008
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • Taxes
  • 18927
  • County
  • Style
  • Unit/Flat
  • Area
  • Direct Oceanfront
  • MLS#
  • MDWO116030
  • Zip
  • 21842
Listing Provided by: Keller Williams Realty Delmarva



Acceptable Financing Cash, Conventional
Accessibility Elevator
Appliances Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Dispenser
Architectural Style Unit/Flat
Association Amenities Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool
Association Fee Includes Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Snow Removal, Water
Association Y/N No
Building Name Gateway Grand
Community Pool Features Heated, In Ground, Indoor
Condo/Coop Association Y/N Yes
Construction Materials Concrete, Metal Siding, Other
Cool Fuel Electric, Other
Cooling Central A/C, Heat Pump(s)
Electric Circuit Breakers
Exclusions List to be provided by Seller
Exterior Features Exterior Lighting, Lawn Sprinkler, Outside Shower, Secure Storage, Sidewalks, Street Lights, Underground Lawn Sprinkler
Facing Direction North
Flooring Carpet, Ceramic Tile
Floors In Unit Count 1
Garage Spaces 3.00
Garage Y/N No
HOA Fee 2 914.00
HOA Fee 2 Frequency Monthly
Heating Heat Pump - Electric BackUp
Interior Features Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Island, Primary Bath(s)
Legal Subdivision GATEWAY GRAND
Levels 1
Location Type Oceanfront
MLS Area Direct Oceanfront (80)
New Construction No
Other Fees 100.00
Other Fees Frequency One Time
Other Structures Above Grade, Below Grade
Ownership Condominium
Parking Features Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Secure Parking, Surface, Unassigned
Patio/Porch Features Balconies- Multiple, Wrap Around
Possession Settlement
Price Per Sq Ft 721.33
Property Type Residential
PropertyCondition Excellent
Real Estate Owned Y/N No
Roof Built-Up, Flat
Security Features Desk in Lobby, Fire Detection System, Smoke Detector, Sprinkler System - Indoor, Surveillance Sys
Senior Community Y/N No
Sewer Public Sewer
Structure Type Unit/Flat/Apartment
Subdivision Name NONE AVAILABLE
Tax Year 2020
Total Units 1
Unit Number 1106
Utilities Cable TV Available, Electric Available
Vacation Rental Y/N No
View Bay, Ocean, Panoramic
Water Access Y/N No
Water Body Name Atlantic
Waterfront Features Sandy Beach
Zoning RES
Zoning Description Residential Condominium

Interior Features

Above Grade Finished Area 2218
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Bathrooms Count Main Level 3.00
Bathrooms Full Main Level 3
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Yes
Common Walls 2+ Common Walls
Common Walls 2+ Common Walls
Entry Level 11
Fireplace Y/N No
Full Baths 3
Heating Fuel Electric, Other
Heating Y/N Yes
Hot Water Other
Laundry Type Dryer In Unit, Main Floor, Washer In Unit
Living Area 2218
Main Level Bedrooms 4
Number of Elevators 5
Total Baths 3
Total Bedrooms 4
Total Rooms 11
Window Features Insulated, Storm

Exterior Features

Builder Model B
Door Features Insulated, Sliding Glass, Storm
Foundation Details Pillar/Post/Pier
Garage Features Covered Parking, Inside Access
Horse Y/N No
Inclusions Fully Furnished
Lot Dimensions 0.00 x 0.00
Lot Features Cleared, Poolside
Navigable Water Y/N No
Parking Garage - # Of Spaces 3
Pool Y/N Yes - Community
Spa No
Total Parking Spaces 3
Type of Parking Parking Garage, Parking Lot
Water Body Type Ocean
Water Oriented Y/N Yes
Water Source Public
Water View Y/N Yes
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator


Per Month

Based on the average sale price from the Old Bridge, New Jersey office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.


Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/15/2020 Listed $1,599,900

Property vs Zip Code Average in 21842

AVG $420K
AVG $4,401
AVG 45
Year Built
AVG 1987
AVG 48
Data Provided by Walkscore ® not using MLS data


2 48Th Street # 1106 Ocean City, MD is a Single Family Home for sale at $1599900 with 2218 sqft and a lot size of Acre(s). 2 48Th Street # 1106 Ocean City has 4 bedrooms, 3 baths and was built in 2008. The property's zip code is 21842 which is in Ocean City, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.