Gateway Grand 2 48th St Unit 709 Ocean City, MD 21842
Estimated payment $9,281/month
Highlights
- 40 Feet of Waterfront
- Ocean View
- Sandy Beach
- Ocean City Elementary School Rated A
- Access to Tidal Water
- Fitness Center
About This Home
A unique opportunity to own direct oceanfront in the Gateway Grand in Ocean City, MD. The stunning F-Style floorplan offer a modern open floorplan with a great room spanning the width of the condo with views of the Atlantic Ocean. This private condo has never been rented and seldomly enjoyed by the current original owners of the property. Delivering unfurnished (furniture and decor in photos has been removed), the new owners can decorate and furnish however they like. Get creative or hire your own interior designer to make this home your own. Custom millwork already dazzles the walls in the primary bedroom and main hallway. A designer glass tile backsplash adorns the kitchen walls reflecting the fabulous sunrise each morning. Two wall mounted TVs are included in the living room and primary bedroom. The Gateway Grand is Ocean City's finest midtown high rise building featuring heated indoor and outdoor pools, high speed elevators, additional deeded beach storage units, a staffed front desk, professional onsite maintenance, professional onsite management, owner's lounges, a secure grand oceanfront lobby, a parking garage with electric car chargers and elevators, a kid's club room, and state of the art fitness center. This building is a must see if you are looking for luxury at the beach!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,393
Year Built
- Built in 2008
Lot Details
- 40 Feet of Waterfront
- Ocean Front
- 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
- Parking Lot
- Off-Street Parking
- Surface Parking
- Parking Permit Included
- Unassigned Parking
Home Design
- Entry on the 7th floor
- Pillar, Post or Pier Foundation
- Built-Up Roof
- Masonry
Interior Spaces
- 1,790 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
- Electric Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Surveillance System
- Exterior Cameras
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Water Access
- Property is near an ocean
- Swimming Allowed
- Balcony
- Water Fountains
- Outdoor Storage
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
Additional Features
- Doors with lever handles
- Flood Risk
Listing and Financial Details
- Tax Lot 709
- Assessor Parcel Number 2410764149
Community Details
Overview
- $2,847 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, lawn care side, management, pool(s), reserve funds, snow removal
- $830 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
- Community Storage Space
Recreation
- Heated Community Pool
Pet Policy
- Dogs and Cats Allowed
Security
- Security Service
- Front Desk in Lobby
- Fire and Smoke Detector
- 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 | $12,356 | $1,020,233 | $0 | $0 |
| 2024 | $12,356 | $885,467 | $0 | $0 |
| 2023 | $10,550 | $750,700 | $525,400 | $225,300 |
| 2022 | $10,550 | $750,700 | $525,400 | $225,300 |
| 2021 | $10,608 | $750,700 | $525,400 | $225,300 |
| 2020 | $10,607 | $750,700 | $525,400 | $225,300 |
| 2019 | $10,679 | $750,700 | $525,400 | $225,300 |
| 2018 | $10,573 | $750,700 | $525,400 | $225,300 |
| 2017 | $11,230 | $795,000 | $0 | $0 |
| 2016 | -- | $772,000 | $0 | $0 |
| 2015 | $8,552 | $749,000 | $0 | $0 |
| 2014 | $8,552 | $726,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $1,350,000 | -3.2% | $754 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $1,395,000 | -- | $779 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $780,000 | Ocean Investment Title Corp |
Source: Bright MLS
MLS Number: MDWO2028778
APN: 10-764149
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