Gateway Grand 2 48th St Unit 1404 Floor 14 Ocean City, MD 21842
Estimated payment $9,081/month
Highlights
- 30 Feet of Waterfront
- Ocean View
- Sandy Beach
- Ocean City Elementary School Rated A
- Access to Tidal Water
- Fitness Center
About This Home
Offered fully furnished, this stunning south side residence at the Gateway Grand was never rented by the current owners which is reflected by its superior condition! The views from this 3 bedroom 3 bathroom residence are astounding! Panoramic sweeping views from the Assawoman Bay to the Atlantic Ocean provide an everchanging landscape for the owner's enjoyment! From the metallic tile backsplash in the kitchen to the thoughtfully updated light fixtures you will appreciate not having to do any upgrades yourself. Delivering Fully furnished you can start enjoying all that Ocean City and The Gateway Grand have to offer right away! The Gateway Grand is one of the area's most luxurious condominium complexes with an abundance of amenities including heated indoor and outdoor pools, a state of the art 24/hour fitness center, kids club room with games for all ages, owner's lounges, parking garage with electric car chargers, and management on site daily as well as security on site in the evenings. In addition, the building has its very own maintenance team that maintains the common areas of the building but can also be hired to work inside the residences conveniently through management. Also included is a deeded beach storage locker, #151 on the Mezzanine Level.
Listing Agent
(410) 935-3810 jon@markf.com Keller Williams Realty Delmarva License #618143 Listed on: 08/06/2025
Co-Listing Agent
(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,701
Year Built
- Built in 2008
Lot Details
- 30 Feet of Waterfront
- Ocean Front
- Home fronts navigable water
- Sandy Beach
- Public Beach
- Two or More Common Walls
- West Facing Home
- Sprinkler System
- Cleared Lot
- Property is in excellent condition
HOA Fees
- $949 Monthly HOA Fees
Parking
- Handicap Parking
- Assigned Parking Garage Space
- Electric Vehicle Home Charger
- Lighted Parking
- Off-Street Parking
- Secure Parking
Property Views
Home Design
- Entry on the 14th floor
- Pillar, Post or Pier Foundation
- Built-Up Roof
- Modular or Manufactured Materials
- Masonry
Interior Spaces
- 1,790 Sq Ft Home
- Property has 1 Level
- Furnished
- Crown Molding
- Ceiling height of 9 feet or more
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Window Screens
- Sliding Doors
Kitchen
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Upgraded Countertops
- Wine Rack
- Disposal
Flooring
- Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near an ocean
- Balcony
- Water Fountains
- Exterior Lighting
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 1404
- Assessor Parcel Number 2410764947
Community Details
Overview
- $840 Elevator Use Fee
- $2,847 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, snow removal, water
- High-Rise Condominium
- Gateway Grand Condos
- Built by Bovis Lendlease
- Gateway Grand Community
- Property Manager
Amenities
- Common Area
- Game Room
- Meeting Room
- Party Room
- 5 Elevators
Recreation
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Security Service
- Fire Sprinkler System
Map
About Gateway Grand
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,663 | $1,056,000 | $0 | $0 |
| 2024 | $12,663 | $907,500 | $0 | $0 |
| 2023 | $10,667 | $759,000 | $531,300 | $227,700 |
| 2022 | $10,667 | $759,000 | $531,300 | $227,700 |
| 2021 | $10,725 | $759,000 | $531,300 | $227,700 |
| 2020 | $10,724 | $759,000 | $531,300 | $227,700 |
| 2019 | $10,789 | $758,433 | $0 | $0 |
| 2018 | $10,674 | $757,867 | $0 | $0 |
| 2017 | $10,017 | $757,300 | $0 | $0 |
| 2016 | -- | $705,600 | $0 | $0 |
| 2015 | $7,603 | $653,900 | $0 | $0 |
| 2014 | $7,603 | $602,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $1,329,000 | +68.2% | $742 / Sq Ft | |
| 10/01/2018 10/01/18 | Sold | $790,000 | -4.8% | $479 / Sq Ft | View Prior Sale |
| 08/09/2018 08/09/18 | Pending | -- | -- | -- | |
| 07/21/2018 07/21/18 | Price Changed | $829,900 | -2.4% | $503 / Sq Ft | |
| 09/25/2017 09/25/17 | For Sale | $849,900 | -- | $515 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $790,000 | Capital Title Ins Agency | |
| Deed | $669,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $632,000 | New Conventional |
Source: Bright MLS
MLS Number: MDWO2032460
APN: 10-764947
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