Skip To Content
    Return to Previous Page

    2 48TH Street , 305 GATEWAY GRA

    OCEAN CITY, MD 21842
    • $625,000
    • STATUS: Active
    • ON SITE: 756 days
    • ID#: 1002303374
    UPDATED: 236 min ago
    $625,000
    • 3
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,790
      SQFT
    • $349
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    2008
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This remarkable southern exposure condo sits one back from direct oceanfront, providing wonderful and impressive oceanviews from the master-suite, the living room, and the oversized balcony. Meticulously maintained, this home has been a vacation rental property, producing over $35,000 in seasonal income. The Gateway Grand features a heated indoor pool, heated outdoor pool, fitness center, private sundeck, owners lounges, grand lobby, on-site property management, storage lockers, conditioned corridors, private/gated parking, electric car chargers, and so much more. The Gateway Grand is Ocean City's fines oceanfront property. Condo fees are $693/month and deeded storage locker is #192.

    Monthly Payment Calculator



    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-26T23:49:53.77.
    www.coastline-realty.com/homes/87119469
    Print Image

    2 48TH Street , 305 GATEWAY GRA OCEAN CITY, MD 21842

    • Price: $625,000
    • Status: Active
    • Updated: 236 min ago
    • ID#: 1002303374
    3
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,790
    SQFT
    $349
    $/SQFT
    2008
    Built
    Neighborhood:
    None Available
    County:
    Worcester
    Area:
    Oceanfront Indirect View (81)
    Elementary School:
    Ocean City
    Middle School:
    Stephen Decatur
    High School:
    Stephen Decatur
    School District:
    Worcester County Public Schools
    Property Description
    This remarkable southern exposure condo sits one back from direct oceanfront, providing wonderful and impressive oceanviews from the master-suite, the living room, and the oversized balcony. Meticulously maintained, this home has been a vacation rental property, producing over $35,000 in seasonal income. The Gateway Grand features a heated indoor pool, heated outdoor pool, fitness center, private sundeck, owners lounges, grand lobby, on-site property management, storage lockers, conditioned corridors, private/gated parking, electric car chargers, and so much more. The Gateway Grand is Ocean City's fines oceanfront property. Condo fees are $693/month and deeded storage locker is #192.
    Exterior Features

    Architectural Style Unit/Flat Construction Materials Aluminum SidingConcreteFrame Direction Faces North Door Features Sliding Glass Exterior Features Exterior LightingLawn SprinklerOutside ShowerSecure StorageSidewalks Garage Spaces 2.00 Garage Type Covered Parking Garage YN Yes Lot Features Cleared Other Equipment None Other Structures Above GradeBelow Grade Parking Types Detached Garage Patio And Porch Features Balcony Pool Yes - Community Property Condition Very Good Riparian Rights YN No Roof Built-UpFlatMetal Unit Building Type Hi-Rise 9+ Floors View CityOcean Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1790 Appliances Built-In MicrowaveDishwasherDisposalDryerOven/Range - ElectricRefrigeratorWasher Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/COther Exclusions Personal itemsitems in ClosetsDrawers And Cabinets Fireplace Features Electric Fireplace YN Yes Fireplaces Total 1 Flooring Tile/Brick Furnished Yes Heating Hot WaterOther Heating YN Yes Inclusions Sold Fully Furnished Interior Features Ceiling Fan(S)Breakfast AreaDining AreaEntry Level BedroomFamily Room Off KitchenFloor Plan - Open Laundry Type Dryer In UnitWasher In Unit Levels 1 Main Level Bedrooms 3 Pets Allowed Cats OkDogs OkNumber Limit Rooms Total 10 Security Features Fire Detection SystemSurveillance SysSmoke DetectorSprinkler System - Indoor Unit Floors 1 Walls Ceilings 9'+ CeilingsDry Wall

    Property Features

    Acceptable Financing Conventional Accessibility Features 36"+ Wide Halls Assessment Year 2019 Association Amenities Common GroundsElevatorFitness CenterMeeting RoomPool - IndoorPool - OutdoorSecuritySwimming Pool Association Fee Includes Common Area MaintenanceExt Bldg MaintInsuranceManagementPool(S)Reserve FundsSnow RemovalWater Association Fee2 8316.00 Association Fee2 Frequency Annually Association YN No Builder Model A Builder Name Bovis Lendlease Building Name Gateway Grand Central Air YN Yes Common Walls 2+ Common Walls Condo YN Yes Cooling Fuel Other Electric Circuit Breakers Elevator Use Fee 200.00 Elevators 5 Entry Level 3 Federal Flood Zone X Foundation Details Pillar/Post/Pier Heating Fuel Other Historic YN No Hot Water Other Incorporated City Name Ocean City Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 196 Original MLSNumber 300502353603 Other Fees 80.00 Other Fees Frequency One Time Ownership Interest Fee Simple Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 8567.00 Tax Assessment Amount 602200.00 Tax Lot 7433 Total Actual Rent 35000.00 Utilities Cable Tv AvailableElectric Available Vacation Rental YN Yes Water Source Public Zoning Residential

    Listing courtesy of Keller Williams Realty Delmarva.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-26T23:49:53.77.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_300502353603-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_300502353603-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_300502353603-2.jpg
    Logo
    CoastLine Realty
    31 Saulsbury Road, Suite 2
    Dover DE, 19904