2 48th St Unit 1602, Ocean City, MD 21842

$1,299,000
3
BD
3
BA
1,790
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,299,000
List Price
$1,359,000
Closing Date
Jul 10, 2026
Status
CLOSED
MLS#
MDWO2037478
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,790
Style
Apartment
Year Built
2008
County
Worcester
School District
Worcester County Public Schools

Property Description

Club Level Residence 1602 is now available! A 3 bedroom 3 Bathroom 1790 square foot residence featuring some of the most astounding views of Ocean City, Maryland and beyond. This heavily upgraded space boasts custom millwork throughout, Luxury Vinyl Plank flooring in the kitchen, dining, and living areas, upgraded carpet in the bedrooms, and upgraded light fixtures. In addition, the furniture features coastal chic fabrics and woods. This light filled southern exposure condo will dazzle the occupants from sunrise to sunset with views of the Ocean, Ocean City Skyline, and Bay. Featuring an extremely efficient water source heat pump and on demand hot water you will be amazed at your low utility cost. This property is not currently a rental, but could produce over $60,000 in gross rental income as a weekly rental investment property. The Gateway Grand is one of Ocean City's newest and most prestigious condominium buildings. With on-site property management and the ability to hire on-site property maintenance staff for projects to be completed within your residence, owning and maintaining property at the beach could not be any more convenient. Enjoy the heated seasonal outdoor pool, year-round heated indoor pool, fully equipped fitness center featuring a view of the ocean, kid's club room, and multiple owner lounges. This residence is allotted 2 spaces in the parking garage which features two elevators, electric car chargers, and a covered bridge to the building. Come see what luxury looks like on Maryland's Eastern Shore! Residence conveys with deeded storage locker #173.

Additional Information

Area
Direct Oceanfront (80)
Subdivision
None Available
Building Name
Gateway Grand
Interior Features
Crown Molding, Entry Level Bedroom, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Whirlpool Tub, Window Treatments, Wine Storage
School District
Worcester County Public Schools
Flooring
Carpet
Garage Spaces
2
Exterior Features
Lighting, Outdoor Shower, Sidewalk, Sprinkler System
View
Bay, City, Ocean
Heating
Heat Pump
Cooling
Central Air, Ceiling Fan(s)
Roof
Flat
Utilities
Cable Available, Electric Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Delmarva. Contact:

Selling Office: Coldwell Banker Realty.