2 48th St Unit 401, Ocean City, MD 21842

$1,125,000
4
BD
3
BA
2,385
SqFt

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Sold Price
$1,125,000
List Price
$1,175,000
Closing Date
Mar 26, 2026
Days on Market
11
Status
CLOSED
MLS#
MDWO2036498
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
2,385
Style
Apartment
Year Built
2008
County
Worcester
School District
Worcester County Public Schools

Property Description

This 2385 square foot 4 Bedroom 3 Bathroom Residence at the Gateway Grand is a must see! One of the most impressive parts of this condominium is the oversized living room, which is one of the largest in the building. The residence features two balconies, one of which is accessible from each bedroom and the very large living room. You will appreciate the southern exposure location which provides an abundance of natural light and warmth. From the fourth floor you have views of the Atlantic Ocean from the Southern balcony that extends beyond the other residence balconies in front of it. The Gateway Grand is one of Ocean City's newest and most spectacular luxury condominium building featuring an abundance of amenities including a heated indoor and outdoor pool, state of the art fitness center, private owners' lounges, on-site property management, on-site maintenance team, gated parking garage, kids club, and so much more. Ground floor deeded storage locker #169 conveys with residence. 2026 rentals must be honored. See attached rental schedule for reference in documents section. Grossed $58,149 in rental income in 2025 and already has $50,610 booked for 2026.

Additional Information

Area
Oceanfront Indirect View (81)
Subdivision
None Available
Building Name
Gateway Grand
Interior Features
Ceiling Fans, Some Carpeting, Dining Combo, Dining Combo, Crown Molding, Separate Dining Room, Entry Level Bedroom, Open Floor Plan, Bath in Primary Bedroom, Soaking Tub, Sprinkler System, Tub Shower, Whirlpool Tub, Window Treatments
School District
Worcester County Public Schools
Flooring
Carpet, Tile
Garage Spaces
3
Exterior Features
Lighting, Outdoor Shower, Sidewalk, Sprinkler System
View
City, Ocean
Heating
Heat Pump
Cooling
Central Air
Roof
Flat
Utilities
Cable Available, Electric Available
Water
Public
Sewer
Public Sewer

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Listing courtesy of Keller Williams Realty Delmarva. Contact:

Selling Office: Coastal Life Realty Group LLC.