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Marjorie Dick Stuart

  • Cell 240-731-8079
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2 48th St #402, OCEAN CITY, MD – $1,099,000

  • 3 Beds
  • 3 Baths
  • 1,790 Sqft
  • 107 DOM
  • 3 Beds
  • 3 Baths
  • 1,790 Sqft
  • 107 DOM

2 48th St #402

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 and $49,044.24 in 2024. Some weeks were blocked in 2023 for owner use and it could produce more income if so desired by the new owners. Buyers to honor 2025 rentals.

Essential Information

  • MLS® #MDWO2026410
  • Price$1,099,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths3
  • Square Footage1,790
  • Acres0.00
  • Year Built2008
  • TypeResidential
  • StyleCondo/Unit
  • StatusActive

Sub-Type

Condo, Unit/Flat/Apartment, Hi-Rise 9+ Floors

Community Information

  • Address2 48th St #402
  • AreaIndirect Ocean View (81)
  • SubdivisionNONE AVAILABLE
  • CityOCEAN CITY
  • CountyWORCESTER-MD
  • StateMD
  • MunicipalityOcean City
  • Zip Code21842

Amenities

  • # of Garages2
  • GaragesCovered Parking
  • ViewBay, City, Ocean
  • Has PoolYes

Amenities

Carpet, CeilngFan(s), Crown Molding, Entry Lvl BR, Pantry, Master Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Tub Shower, Upgraded Countertops, Walk-in Closet(s), Wpool Jets, Shades/Blinds

Utilities

Cable TV Available, Electric Available

Parking

Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned

Interior

  • Interior FeaturesFlat, Floor Plan-Open
  • HeatingCentral
  • CoolingCentral A/C
  • # of Stories1
  • Stories1 Story

Appliances

Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range-Electric, Refrigerator, Washer

Exterior

  • ExteriorConcrete/Block, Metal
  • Lot DescriptionLot Premium
  • WindowsInsulated, Screens
  • RoofFlat
  • FoundationPillar/Post/Pier

Exterior Features

Exterior Lighting, Outside Shower, Sidewalks, Udrgrd Lwn Sprnklr, Balcony

School Information

District

WORCESTER COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedOctober 20th, 2024
  • Days on Market107
  • ZoningRESIDENTIAL

Listing Details

  • Office Contact4105246400

Office

Keller Williams Realty Delmarva

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Listing information last updated on February 2nd, 2025 at 11:45pm CST.