• 2 48th Street #703 OCEAN CITY, MD 21842

  • $1,149,000
  • 3
    Bed(s)
  • 3.0
    Baths
  • 1,650
    Sq Ft

The Gateway Grand #703 - A Luxurious Oceanfront Residence Nestled high above the surrounding properties, on the 7th floor of The Gateway Grand, #703 is a meticulously maintained 3-bedroom residence that epitomizes luxury living in Ocean City. This exquisite property boasts a spacious and open floorplan, providing an inviting ambiance and an abundance of natural light. One of its most striking features is the breathtaking southern-exposure panoramic views that grace this home. From its private balcony, residents and guests can revel in stunning vistas of the city skyline, the serene ocean, and the tranquil bay, making every moment a visual delight. Sunrise to Sunset this residence provides some of the most captivating views in the city. This residence has been lovingly cared for, with attention to detail evident in every corner. The living spaces are thoughtfully designed, offering both comfort and elegance. Whether you're enjoying a meal in the gourmet kitchen, lounging in the living room, or retiring to one of the three cozy bedrooms, you'll be enveloped in luxury. The Gateway Grand itself is Ocean City's pinnacle of oceanfront living. With its impeccable amenities and prime location, it offers residents a lifestyle of convenience and sophistication. From the elegant lobby to the direct beach access, the heated indoor pool, or the state-of-art fitness center, every aspect of this building is designed to cater to the desires of discerning homeowners. In summary, The Gateway Grand #703 is not just a residence; it's a sanctuary where you can indulge in the finest coastal living. Whether you're captivated by the ocean's waves, the city's charm, or the bay's tranquility, this property presents a unique opportunity to savor it all in one stunning package. Deeded mezzanine storage locker 143 conveys with residence. Buyer to honor any booked rentals for 2024.

Property Type :

Residential

Subdivision :

None Available

County :

WORCESTER

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Master Bedroom Level: 3

Bathroom Information

Total Baths: 3

Full Baths: 3

Laundry Source

Laundry Type : Dryer In Unit,Washer In Unit

Water/Sewer

Water Source : Public

Room Information

Patio/Porch Features: Balcony

Interior Features

Roof : Flat

Exterior Property Features : Exterior Lighting,Outside Shower,Sidewalks,Underground Lawn Sprinkler

Property Amenities: Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Meeting Room,Party Room,Pool - Indoor,Pool - Outdoor,Swimming Pool

Property Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer,Freezer,Oven/Range - Electric,Refrigerator,Washer

Roofing Information

Flat

Heating & Cooling

Cooling: Central A/C

Heating: Central

Cooling Fuel: Electric

Heating Fuel: Electric

Window Information

Window Treatments: Insulated,Screens

Building Information

Exterior Features: Exterior Lighting,Outside Shower,Sidewalks,Underground Lawn Sprinkler

Exterior Wall: 2+ Common Walls

Year Built: 2008

Structure: Unit/Flat/Apartment

Major Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer,Freezer,Oven/Range - Electric,Refrigerator,Washer

New Construction: No

Total Floors: 1

Total Units: 1

Built: 2008

Construction Material: Concrete,Metal Siding

Amenities: Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Meeting Room,Party Room,Pool - Indoor,Pool - Outdoor,Swimming Pool

Roof: Flat

Foundation/Basement: Pillar/Post/Pier

Architecture: Unit/Flat

Pool/Private: Yes - Community

Roof Type: Flat

Exterior Features

Water Access Features: Public Beach

Utilities: Cable TV Available,Electric Available

Building Name: Gateway Grand

Pool Information

Pool: Yes - Community

Amenities

Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Meeting Room,Party Room,Pool - Indoor,Pool - Outdoor,Swimming Pool

Utility Features

Water: Atlantic

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Dimensions: 0.00 x 0.00

Waterfront: Sandy Beach

Architectural Style: Unit/Flat

Stories Total: 17

Property Information

SQ ft: 1,790

SQ ft (Living Area): 1,790

View: Bay,City,Ocean

Subdivision: NONE AVAILABLE

Financing: Cash,Conventional

Appx. Lot Dimensions: 0.00 x 0.00

New Construction: No

Type: Unit/Flat

Listing Information

Possession: Settlement

Common/Club Amenities: Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Meeting Room,Party Room,Pool - Indoor,Pool - Outdoor,Swimming Pool

Days Of Market: 194

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $9,071

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Terms/Deposits/Fees

Condo Fees: $922

Assoc Fee Freq: $Monthly

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $643,500

Virtual Tour

Parking Information

Total Parking Spaces: 2

Parking Type: Attached Garage,Parking Lot

Parking Features: Electric Vehicle Charging Station(s),Handicap Parking,Lighted Parking,Paved Driveway,Secure Parking,Surface,Unassigned

Has Garage: Y

Garage Type: Covered Parking

Garage Space: 2

# of Attached Garage Spaces: 2

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Roof: Flat

Unit: 703

Homeowners Association Information

Association Fee 2: $922

HOA Fee Frequency: Monthly

Other Fee: $830

Other Fee Frequency: Monthly

Direction: Coastal Hwy South, Left on 48th Street, Building oceanfront on Left.

School Information

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Utility Information

Cable TV Available,Electric Available

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Elevators: 5

Location Information

Location Type: Oceanblock

Direction: Coastal Hwy South, Left on 48th Street, Building oceanfront on Left.

Homes around $1,149,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9750 Marthas Landing Ro.., Ocean City, MD,21842 $9,990,000 6 7.5 7,634 17919 Sqft
Keyser Point Road , Ocean City, MD,21842 $420,000 -- -- 197,327 197327 Sqft
110 Sand Dollar Lane , Ocean City, MD,21842 $196,500 2 1.0 470 --
12004 Ocean Gateway , Ocean City, MD,21842 $900,000 -- -- 304,920 304920 Sqft
4306 Coastal Highway , Ocean City, MD,21842 $1,950,000 3 2.5 3,448 7150 Sqft
4302 Coastal Highway , Ocean City, MD,21842 $599,000 3 2.0 1,248 3575 Sqft
Blue Marlin , Ocean City, MD,21842 $485,000 -- -- 673,002 673002 Sqft
8240 Wilmington Lane , Ocean City, MD,21842 $855,000 4 3.0 -- --
13444 Madison Avenue , Ocean City, MD,21842 $750,000 3 2.0 2,000 5000 Sqft
10539 Sussex Road , Ocean City, MD,21842 $1,995,000 4 3.5 -- 28401 Sqft

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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/28/2024 @ 22:59

MLS: MDWO2016920
LISTED BY: Grant K Fritschle , Keller Williams Realty Delmarva
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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