Gateway Grand 2 48th St Unit 304 Floor 3 Ocean City, MD 21842
Estimated payment $7,553/month
Highlights
- Ocean Front
- Fitness Center
- Marble Flooring
- Ocean City Elementary School Rated A
- Water Oriented
- Main Floor Bedroom
About This Home
Welcome to luxury at the beach in the heart of Ocean City, MD! This 3-bedroom 3-bathroom residence at the Gateway Grand has been lovingly maintained by its original owners. This south facing location has a spacious outdoor balcony where you can watch the ocean waves roll in while basking in the warm sun. Enjoy in the Summertime, but also off-season, the current owners favorite time of the year. This residence was furnished by a high-end local furniture company with large, framed artwork and custom wall paint. The current owners replaced the carpeting in the bedrooms during their tenure as well as upgrading the washer dryer with large high-end front-loading machines. The efficient water source heat pump was replaced a year ago. The ceramic tile in the main areas is easy to clean and maintain. The chef in your family with appreciate the large kitchen with plenty of storage in the popular white cabinets, stainless steel appliances, and granite countertops. One of the most exciting features is the layout of the condo itself with a large great room for gathering. This is the F-style floorplan. Storage locker 191 on the mezzanine level is deeded to this residence. The Gateway Grand offers all of the amenities you are looking for in a beach condominium with heated indoor and outdoor pools, on-site maintenance team, on-site management, two-story glass lobby, kid's game room, 24/7 fitness center, secure access parking garage with an abundance of parking and electric car chargers, an additional surface parking lot with additional parking spots, and a staffed front desk with security onsite overnight. Schedule your private tour today to see for yourself why The Gateway Grand should be your next primary, secondary, or investment home!
Listing Agent
(410) 935-3810 jon@markf.com Keller Williams Realty Delmarva License #618143 Listed on: 10/21/2025
Co-Listing Agent
(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,084
Year Built
- Built in 2008
Lot Details
- Ocean Front
- 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 3rd 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
- Outdoor Shower
- Water Oriented
- Property is near an ocean
- Balcony
- Water Fountains
- Exterior Lighting
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 304
- Assessor Parcel Number 2410763495
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 | $11,453 | $838,733 | $0 | $0 |
| 2024 | $10,053 | $720,467 | $0 | $0 |
| 2023 | $8,463 | $602,200 | $421,500 | $180,700 |
| 2022 | $8,463 | $602,200 | $421,500 | $180,700 |
| 2021 | $8,510 | $602,200 | $421,500 | $180,700 |
| 2020 | $8,508 | $602,200 | $421,500 | $180,700 |
| 2019 | $8,567 | $602,200 | $421,500 | $180,700 |
| 2018 | $8,482 | $602,200 | $421,500 | $180,700 |
| 2017 | $8,507 | $602,200 | $0 | $0 |
| 2016 | -- | $602,200 | $0 | $0 |
| 2015 | $6,719 | $602,200 | $0 | $0 |
| 2014 | $6,719 | $602,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2025 10/21/25 | For Sale | $1,099,000 | -- | $614 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $559,900 | -- |
Source: Bright MLS
MLS Number: MDWO2034342
APN: 10-763495
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