Gateway Grand 2 48th St Unit 212 Ocean City, MD 21842
Estimated payment $9,430/month
Total Views
1,705
3
Beds
3
Baths
1,806
Sq Ft
$761
Price per Sq Ft
Highlights
- Very Popular Property
- 20 Feet of Waterfront
- Primary bedroom faces the ocean
- Ocean City Elementary School Rated A
- Ocean View
- Access to Tidal Water
About This Home
The location of this residence at The Gateway Grand is spectacular. Located on the 2nd floor direct oceanfront with immediate access to the parking garage the new owner will be afforded an abundance of convivence. On the 2nd floor you are perched 37 feet above sea level due to the two-story main lobby located just below this condo. What an awesome view of the waves breaking on the beach! This view can be seen from almost every room in the residence as it features a direct oceanfront primary suite. The current owners have upgraded many features including a recently install reverse osmosis water treatment system, installing some new light fixtures and ceiling fans, as well as repainting the entire residence. This unit is being sold unfurnished, but the TVs and outdoor furniture will convey. The Gateway Grand is one of Ocean City's most luxurious high rise condominium buildings featuring onsite management, an onsite maintenance team, onsite security in the evenings, indoor and outdoor heated pools, a 24/7 fitness center, a kids club room, 2 unassigned spaces in the secure access parking garage (with electric car chargers), and multiple owner's lounges and a meeting room. Storage locker#138 conveys with this residence located on the mezzanine level of the building.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,808
Year Built
- Built in 2008
Lot Details
- 20 Feet of Waterfront
- Ocean Front
- Sandy Beach
- Public Beach
- Two or More Common Walls
- West Facing Home
- Sprinkler System
- Property is in excellent condition
HOA Fees
- $969 Monthly HOA Fees
Parking
- Handicap Parking
- Assigned Parking Garage Space
- Electric Vehicle Home Charger
- Lighted Parking
- Off-Street Parking
- Unassigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Built-Up Roof
- Modular or Manufactured Materials
- Masonry
Interior Spaces
- 1,806 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Crown Molding
- Ceiling height of 9 feet or more
- Ceiling Fan
- Recessed Lighting
- Insulated Windows
- Window Treatments
- Window Screens
- Sliding Doors
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary bedroom faces the ocean
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessible Elevator Installed
- Doors swing in
- Doors with lever handles
- Low Pile Carpeting
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near an ocean
- Balcony
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 212
- Assessor Parcel Number 2410763428
Community Details
Overview
- $2,907 Capital Contribution Fee
- Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, snow removal, water
- $840 Other One-Time Fees
- High-Rise Condominium
- Gateway Grand Condos
- Built by Bovis Lendlease
- Gateway Grand Community
- Property Manager
Amenities
- Game Room
- Meeting Room
- Party Room
- 5 Elevators
Recreation
- Private Beach Club
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Security Service
- Fire Sprinkler System
Map
About Gateway Grand
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $11,773 | $958,100 | $0 | $0 |
| 2024 | $11,773 | $843,700 | $0 | $0 |
| 2023 | $10,249 | $729,300 | $510,500 | $218,800 |
| 2022 | $10,249 | $729,300 | $510,500 | $218,800 |
| 2021 | $10,306 | $729,300 | $510,500 | $218,800 |
| 2020 | $10,304 | $729,300 | $510,500 | $218,800 |
| 2019 | $10,375 | $729,300 | $510,500 | $218,800 |
| 2018 | $10,272 | $729,300 | $510,500 | $218,800 |
| 2017 | $10,977 | $792,000 | $0 | $0 |
| 2016 | -- | $773,200 | $0 | $0 |
| 2015 | $8,666 | $754,400 | $0 | $0 |
| 2014 | $8,666 | $735,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $1,375,000 | +88.4% | $761 / Sq Ft |
| 04/30/2020 04/30/20 | Sold | $730,000 | -2.5% | $404 / Sq Ft |
| 03/18/2020 03/18/20 | Pending | -- | -- | -- |
| 02/24/2020 02/24/20 | Price Changed | $749,000 | -3.9% | $415 / Sq Ft |
| 10/11/2019 10/11/19 | Price Changed | $779,000 | -1.3% | $431 / Sq Ft |
| 09/05/2019 09/05/19 | Price Changed | $789,000 | -1.4% | $437 / Sq Ft |
| 07/13/2019 07/13/19 | Price Changed | $799,900 | -3.4% | $443 / Sq Ft |
| 03/07/2019 03/07/19 | For Sale | $828,000 | -- | $458 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $730,000 | Maryland Title Service | |
| Deed | $819,900 | -- | |
| Deed | $819,900 | -- | |
| Deed | $819,900 | -- | |
| Deed | $819,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2032906
APN: 10-763428
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 2 48th St Unit 911
- 2 48th St Unit 1404
- 2 48th St Unit 709
- 2 48th St Unit 214
- 2 48th St Unit 402
- 4 46th St Unit 101
- 4 46th St
- 5001 Atlantic Ave Unit 305
- 12 45th St Unit 102
- 5101 Atlantic Ave
- 4500 Coastal Hwy Unit 407
- 4601B Coastal Hwy Unit 503
- 4601B Coastal Hwy Unit 402
- 4601B Coastal Hwy Unit 501
- 4601B Coastal Hwy Unit 403
- 5104 Coastal Hwy Unit 302S
- 5104 Coastal Hwy Unit 303S
- 5104 Coastal Hwy Unit 101S
- 5300 Coastal Hwy Unit 104
- 120 53rd St Unit H30102
- 5 51st St Unit 7
- 7 45th St Unit 107
- 7 45th St Unit 221
- 5300 Coastal Hwy Unit 205
- 13 43rd St Unit 1
- 120 53rd St Unit P301
- 5 41st St Unit 11
- 3900 Coastal Hwy Unit 204
- 3701 Coastal Hwy Unit 326F
- 1 64th St Unit 203
- 3010 Philadelphia Ave
- 3010 Philadelphia Ave Unit N203
- 3010 Philadelphia Ave Unit N301
- 3010 Philadelphia Ave Unit S207
- 3010 Philadelphia Ave Unit S303
- 3010 Philadelphia Ave Unit N108
- 327 Robin Dr Unit 2
- 2803 Gull Way Unit B01
- 426 Lark Ln Unit 1W
- 424 Lark Ln Unit 201E