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2 48TH STREET 402, OCEAN CITY, MD 21842
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$1,099,000
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Home Details for 2 48TH STREET 402
Price
$1,099,000
Type
Condo/Townhome
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Year Build
2008
Sq. Ft.
1790
County
WORCESTER
Total Rooms
10
Garage
2
Tax
$10,084
MLS®️ Listing#
MDWO2026410
On exitrealty.com
321 days
Property Description
Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023 and $49,044.24 in 2024. Some weeks were blocked in 2023 for owner use and it could produce more income if so desired by the new owners. Buyers to honor 2025 rentals.
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- Parking
- Electric Vehicle Charging Station(s)
- Unassigned
- Lighted
- Secured
- Garage
- Parking Lot
- Covered
- Attached
- House Interior
- Ceiling Fan(s)
- Pantry
- Recessed Lighting
- Walk-In Closet(s)
- Crown Molding
- Open Floorplan
- Soaking Tub
- Cooling Information
- Central Air
- Ceiling Fan(s)
- Electric
- Heating Information
- Electric
- Central
- Utilities
- Cable Available
- Electricity Available
- Waterfront and Water Access
- Ocean Front
- Water Features
- Public
Listing Courtesy: Keller Williams Realty Delmarva - 410-524-6400
Last Updated: 2025-09-05 17:05:05
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