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Active Under Contract

Buy a condoat 2 48TH STREET Unit 908, OCEAN CITY, MD 21842

$1,350,000

$0/mo

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Residential

1,790 Sq. Ft.

3 Bedrooms

3 Bathrooms

148 Days on market

MDWO2013774 MLS ID

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About 2 48TH STREET Unit 908 condo

Coastal elegance best describes this direct oceanfront 3 bedroom residence at The Gateway Grand. Interior upgrades include crown molding and chair rail in the entrance hallway along with modern wall scones. You will also take note of custom millwork in the primary bedroom and dining room. This former model home also boasts a tile backsplash in the kitchen along with pendant lighting at the oversized kitchen island. Entertain your friends and family on game day in the living room with a large TV with surround sound speakers. The 9th floor location is ideal providing panoramic ocean and beach views. This property was never rented by its current original owners and it shows! That said, if you are looking for an investment property, it would be an excellent rental. The Gateway Grand complex features an abundance of luxurious amenities including 5 high speed elevators, a spectacular lobby with staffed front desk, parking garage with covered bridge to access the building along with electric car chargers for owners, heated indoor and outdoor pools, 24 hour fitness center with pool and ocean views, kid's activity room, deeded beach storage locker, and the list continues. Come see what The Gateway Grand has to offer you and your family in Ocean City, Maryland! Deeded ground floor storage locker #44 conveys with residence.
Coastal elegance best describes this direct oceanfront 3 bedroom residence at The Gateway Grand. Interior upgrades include crown molding and chair rail in the entrance hallway along with modern wall scones. You will also take note of custom millwork in the primary bedroom and dining room. This former model home also boasts a tile backsplash in the kitchen along with pendant lighting at the oversized kitchen island. Entertain your friends and family on game day in the living room with a large TV with surround sound speakers. The 9th floor location is ideal providing panoramic ocean and beach views. This property was never rented by its current original owners and it shows! That said, if you are looking for an investment property, it would be an excellent rental. The Gateway Grand complex features an abundance of luxurious amenities including 5 high speed elevators, a spectacular lobby with staffed front desk, parking garage with covered bridge to access the building along with electric car chargers for owners, heated indoor and outdoor pools, 24 hour fitness center with pool and ocean views, kid's activity room, deeded beach storage locker, and the list continues. Come see what The Gateway Grand has to offer you and your family in Ocean City, Maryland! Deeded ground floor storage locker #44 conveys with residence.

Property details

Building

Structure Type: Unit/Flat/Apartment

Wall & Ceiling Types: Dry Wall

Fees

Other Fees Frequency: One Time

Other Fees: $830

Water Features

Water Body Name: Atlantic

Water Body Type: Ocean

Waterfront Features: Y

Home Owner's Association

Condo/Coop Fee: $808

Condo/Coop Fee Freq: Monthly

Location

Municipality: Ocean City

County: Worcester

Location Type: Oceanfront

MLS Area: Direct Oceanfront (80)

Subdivision: None Available

Lot

Lot Size Dimensions: 0.00 x 0.00

Property

Common Walls: 2+ Common Walls

Other Structures: Above Grade,Below Grade

Outdoor Living Structures: Balcony

View: Ocean,Panoramic

Schools

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Taxes

City/Town Tax: $3,397

City/Town Tax Pymnt Freq: Annually

County Tax: $6,343

County Tax Pymnt Freq: Annually

Tax Annual Amount: $10,582

Tax Year: 2022

Utilities

Electric Service: Circuit Breakers

Hot Water: Electric

Monthly cost

Estimated monthly cost

$8,974/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

May 11, 2016

Price

$803,000

DatePrice
May 11, 2016$803,000

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,269,000

+$40,500

$1,309,500

Seller agent commission$40,500 (3%)*

$0 (0%)

Buyer agent commission$40,500 (3%)*

$40,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with a Unreal Estate agent

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State

  • Land for Sale in Maryland
  • Mobile Homes for sale in Maryland
  • Real Estate in Maryland

Unreal Estate checked: Aug 8, 2023 at 4:32 p.m.

Data updated: Aug 2, 2023 at 5:20 a.m.

Courtesy of Jonathan M Barker, Keller Williams Realty Delmarva {attribution_contact}
This content last updated on 08/02/2023.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2023 BrightMLS. All Rights Reserved.

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