2 48th Street, Unit 1706

Ocean City, MD 21842

$2,399,000
Price
4
Beds
3
Baths
2,218 Sq. Ft.
$1,082 / Sq. Ft.
2,218
Sq. Ft.
$1,082
per Sq. Ft.

Description

Experience life at the top of the luxurious Gateway Grand Residences in Ocean City, MD in Penthouse 1706. This 4 bedroom 3 bathroom residence features incredible views of the Ocean, City Skyline, and Bay spanning for miles. The huge picture windows showcase art in motion with the everchanging stunning scenery that makes up this barrier island. From the gorgeous sunrises over the ocean to the magnificent sunsets you will find yourself constantly in awe of the natural scenery. This residence is more...Experience life at the top of the luxurious Gateway Grand Residences in Ocean City, MD in Penthouse 1706. This 4 bedroom 3 bathroom residence features incredible views of the Ocean, City Skyline, and Bay spanning for miles. The huge picture windows showcase art in motion with the everchanging stunning scenery that makes up this barrier island. From the gorgeous sunrises over the ocean to the magnificent sunsets you will find yourself constantly in awe of the natural scenery. This residence is more than simply a luxury condominium at the beach, but rather a true experience for you and your guests. Every room in the property shares similar views of water, sky, and wildlife. A wrap around balcony can be accessed from the living room, dining room and guest bedroom, while a private balcony extends from the primary bedroom. Each allowing the occupants the opportunity to step into the scenery. Suspended 17 stories into the sky providing a prospective of Ocean City you did not know existed. The living room and primary bedroom both have vaulted 2 story ceilings with additional windows only found on the Penthouse level of the Gateway Grand. These windows bring the sky and clouds indoors adding to the ambiance. The great room includes a chef's dream kitchen with upgraded commercial grade appliances, white cabinets, and granite countertops. The kitchen has two seating areas for guests to choose from either at the elevated bar or the counter level island. The island includes a beverage center convenient for when entertaining guests. The dining room allows for a large dining table to accommodate your entire family. Moving into the living room you will notice an abundance of seating and a fireplace with flush mounted TV above. Custom Millwork accents the hallways leading to all 3 guest bedrooms and the primary suite. This residence features 2 zones of water source heat pumps that allow from comfort year-round. One zone services the bedrooms and bathrooms with a thermostat located in the primary suite, while the additional zone services the great room through a thermostat located in the living room. These efficient HVAC's can be maintained by the in-house maintenance team through subscription and run off hot and cold water produced on the ground level of the building and funded by the condominium fee. This residence was furnished and designed by a fabulous local interior designer and delivers to the new owner turn-key available for immediate occupancy. The floors throughout the hallway and great room are a 12x24 porcelain tile while the bedrooms are carpeted. The primary bathroom includes marble tile on the floors and walls including a whirlpool bathtub, custom tile shower, and dual sink vanity with granite tops. This residence also includes a large, deeded storage locker #108 on Mezzanine Level. Building amenities include heated indoor and outdoor pools, 24/7 fitness center, kid's club room, multiple owner's lounges, a grand lobby with staffed desk, security in the evenings, secure FOB access, and parking garage with 3 spaces and electric car chargers available. A truly once in a lifetime opportunity to own the Southeast corner Penthouse located in one of the Ocean City's most luxurious buildings awaits. Reach out for your private tour of this impressive residence today!
  1. Listed by Jonathan M Barker • Keller Williams Realty Delmarva
    P: (410)-935-3810 jon@markf.com
  2. Listed by Grant K Fritschle • Keller Williams Realty Delmarva
    P: (410)-430-5880 grant@grantf.com

Property Details for 2 48th Street, Unit 1706

Tax ID Number
2410765382
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
2
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
1
LISTING UPDATED: 10/17/2024 03:57 PM

Property Details for 2 48th Street, Unit 1706

StatusActive
MLS #MDWO2021934
Days on Market170
Taxes$18,076 / year
HOA Fees-
Condo/Co-op Fees$1,219 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2008
CountyWorcester County

Building

Gateway Grand

196 Units2 StoriesBuilt in 2008

Virtual Tour

Building Information for 2 48th Street, Unit 1706

Building/ComplexGateway GrandFloor-Stories2Residences196Pet Policy-Year Built2008

Property Information for 2 48th Street, Unit 1706

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Direct Oceanfront (80)
  • OC Cross Street: 48
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Access Features: Public Beach, Swimming Allowed
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Water Frontage In Feet: 30.0
Association / Community Info
Association / Community Info
  • Condo Coop Name: Gateway Grand
  • Condo Coop Phone: 410-723-9545
  • HOA Condo Coop Mgmt Type: Professional - On-site
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Water
  • HOA Condo Coop Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
  • Property Manager Y/N: Yes
  • Other Fees: $830
  • Other Fees Frequency: One Time
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Capital Contribution Amount: $3,657
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $1,291,533
  • Year Assessed: 2024
  • County Tax: $10,913
  • City Town Tax: $5,716
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: U
  • Zoning: RESIDENTIAL
  • Zoning Dscrp: Residential Condominium
  • Tax Lot: 1706
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit
Rooms
Main
  • # Bedrooms Count Main Level: 4
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 3
Rooms
  • Stories: Main
Building Info
Building Info
  • Builder Name: Bovis Lendlease
  • Building Level Count: 17
  • Building Units Total: 1
  • Total Finished SQFT: 2,218.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: 2,061.00
  • Total SQFT: 2,218.00
  • Total SQFT Source: Estimated
  • Floors In Unit Count: 1
  • Elevators Count: 5
  • Main Entrance Orientation: West
  • Construction Materials: Concrete, Metal Siding
  • Roof: Flat
  • Wall and Ceiling Types: Dry Wall
  • Common Walls: 2+ Common Walls
  • Flooring Type: Carpet, Ceramic Tile
  • Foundation Details: Pillar/Post/Pier
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3
  • # Bathrooms Full: 3
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanfront
  • Parcel ID: 5837047
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Attached Garage, Parking Lot
  • Num of Attached Garage Spaces: 3
  • Total Garage Spaces: 3
  • Parking Features: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned
  • Garage Features: Covered Parking
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Carpet, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Bathroom - Soaking Tub, Sprinkler System, Bathroom - Tub Shower, WhirlPool/HotTub, Window Treatments
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Electric
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer
  • Accessibility Features: None
  • Security Features: Sprinkler System - Indoor
  • Door Features: Insulated, Sliding Glass
  • Window Features: Insulated, Screens
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
  • Outdoor Living Structures: Balcony, Wrap Around
  • Pool: Yes - Community
  • Community Pool Features: In Ground, Indoor, Heated
  • Horse: No
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Private Sewer, Public Septic
  • Electric Service: Circuit Breakers
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.markf.com/jon-barker

Property History for 2 48th Street, Unit 1706

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 48th Street, Unit 1706

Taxable ValueLand-Additions-Total-
Tax Record2023$18,012 ($1,501 / month)
Home Facts
Beds0Baths3Total Finished SqFt2,061 SqFtAbove Grade Finished SqFt2,061 SqFtStyleCondominiumYear Built2008CountyWORCESTERAPN10-765382

Schools near 2 48th Street, Unit 1706

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2 48th Street, Unit 1706 is a condo for sale in Ocean City, MD 21842. This property was listed for sale on July 6, 2024 by Keller Williams Realty Delmarva, it's currently listed at $2,399,000. It has been on the market for a total of 170 days and was last sold on April 12, 2018. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 2 48th Street, Unit 1706 is a 4-bed, 3-bath, 2,218 sqft condo built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Delmarva

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/17/2024 03:57 PM