Gateway Grand 2 48th St Unit 911 Ocean City, MD 21842
Estimated payment $9,583/month
Total Views
710
3
Beds
3
Baths
1,650
Sq Ft
$845
Price per Sq Ft
Highlights
- Very Popular Property
- 40 Feet of Waterfront
- Access to Tidal Water
- Ocean City Elementary School Rated A
- Primary bedroom faces the ocean
- Sandy Beach
About This Home
Imagine waking up to the sound of gentle rolling waves and see the sunrise out your ocean front bedroom windows. Offered fully furnished, this elegant three bedroom, three bath condo is tastefully decorated and designed to fit your every need. The bright kitchen is so inviting with stainless steel appliances, quartz countertops, white tile backsplash, and under cabinet lighting. Other features include two en suite bedrooms, hardwood-style flooring, upgraded carpet, and a large balcony. The Gateway Grand is the gem of Ocean City's midtown. With everything you are looking for including: heated indoor and outdoor pools, fitness center, additional beach storage units, a staffed front desk, professional onsite maintenance and management, a grand oceanfront lobby, a parking garage with electric car chargers and elevators, a kid's club room, and so much more. The Gateway Grand also has frequent owner events, an owner's lounge, 24/7 security, and controlled access for peace of mind. All in the heart of Ocean City! Don't let this condo get away, schedule a showing today!
Listing Agent
Berkshire Hathaway HomeServices PenFed Realty - OP License #654308 Listed on: 08/20/2025
Open House Schedule
-
Sunday, August 24, 202512:00 to 2:00 pm8/24/2025 12:00:00 PM +00:008/24/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,393
Year Built
- Built in 2008
Lot Details
- 40 Feet of Waterfront
- Home fronts navigable water
- Sandy Beach
- Public Beach
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
- Masonry
Interior Spaces
- 1,650 Sq Ft Home
- Property has 1 Level
- Open Floorplan
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
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
- Walk-in Shower
Laundry
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Water Access
- Property is near an ocean
- Patio
- Porch
Schools
- Stephen Decatur High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Tax Lot 911
- Assessor Parcel Number 2410764459
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, lawn maintenance, management, pool(s), reserve funds, snow removal
- $830 Other One-Time Fees
- High-Rise Condominium
- Gateway Grand Community
- Property Manager
Amenities
- Game Room
- Meeting Room
- Party Room
- Community Storage Space
- Elevator
Recreation
Pet Policy
- Limit on the number of pets
Security
- Security Service
Map
About Gateway Grand
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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 | $10,960 | $795,000 | $0 | $0 |
| 2016 | -- | $772,000 | $0 | $0 |
| 2015 | $8,552 | $749,000 | $0 | $0 |
| 2014 | $8,552 | $726,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $1,395,000 | +11.6% | $845 / Sq Ft |
| 05/19/2023 05/19/23 | Sold | $1,250,000 | -3.8% | $698 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 03/20/2023 03/20/23 | For Sale | $1,299,900 | +63.5% | $726 / Sq Ft |
| 01/03/2019 01/03/19 | Sold | $795,000 | -4.2% | $482 / Sq Ft |
| 10/07/2018 10/07/18 | Price Changed | $829,990 | -1.2% | $503 / Sq Ft |
| 11/27/2017 11/27/17 | For Sale | $839,990 | -- | $509 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,250,000 | Delmarva Title | |
| Deed | $795,000 | Ocean Investments Title Corp | |
| Deed | $770,000 | Ocean Investments Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $492,000 | New Conventional | |
| Previous Owner | $500,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2032616
APN: 10-764459
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