This remarkable southern exposure condo sits one back from direct oceanfront, providing wonderful and impressive oceanviews from the master-suite, the living room, and the oversized balcony. Meticulously maintained, this home has been a vacation rental property, producing over $35,000 in seasonal income. The Gateway Grand features a heated indoor pool, heated outdoor pool, fitness center, private sundeck, owners lounges, grand lobby, on-site property management, storage lockers, conditioned corridors, private/gated parking, electric car chargers, and so much more. The Gateway Grand is Ocean City's fines oceanfront property. Condo fees are $693/month and deeded storage locker is #192.
Off market
$877,900
2 48th St UNIT 305, Ocean City, MD 21842
3beds
1,790sqft
Apartment
Built in 2008
-- sqft lot
$877,900 Zestimate®
$490/sqft
$3,265 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Electric
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave
Features
- Ceiling Fan(s), Dining Area, Open Floorplan, Entry Level Bedroom, Breakfast Area, Family Room Off Kitchen
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,790 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Accessibility
- Accessibility features: 36"+ wide Halls
Features
- Exterior features: Cement / Concrete
- Pool features: Heated, Indoor, Community
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 10763509
- Special conditions: Standard
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 2008
Community & neighborhood
Location
- Region: Ocean City
- Municipality: Ocean City
HOA & financial
Other financial information
- Total actual rent: 35000
Other
Other facts
- Appliances: Dishwasher, Refrigerator, Disposal, Built-in Microwave, Dryer, Washer, Oven/Range - Electric
- FireplaceYN: true
- InteriorFeatures: Ceiling Fan(s), Dining Area, Open Floorplan, Entry Level Bedroom, Breakfast Area, Family Room Off Kitchen
- GarageYN: true
- Heating: Other, Hot Water
- HeatingYN: true
- CoolingYN: true
- ConstructionMaterials: Frame, Concrete, Aluminum Siding
- StoriesTotal: 1
- SpecialListingConditions: Standard
- ParkingFeatures: Covered, Detached Garage
- TotalActualRent: 35000.00
- CoveredSpaces: 2
- PoolFeatures: Heated, Indoor, Community
- Cooling: Central Air, Other
- BelowGradeFinishedArea: 0
- NumberOfUnitsInCommunity: 196
- AccessibilityFeatures: 36"+ wide Halls
- BuildingName: Gateway Grand
- StructureType: Unit/Flat/Apartment
- MlsStatus: Active
- Municipality: Ocean City
- TaxAnnualAmount: 8567.0
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$877,900
2% more+ $17,558
With Zillow Showcase(estimated)
$895,458