2 48TH STREET 214, OCEAN CITY, MD 21842
NONE AVAILABLE · WORCESTER County
Key Facts
Description
New price: $960,000 — currently the lowest-priced available residence at The Gateway Grand. This furnished 3-bedroom, 3-bath, 1,790 sq. ft. residence is a standout value in Ocean City’s premier oceanfront condominium building — priced for today’s ocean-view buyer, not direct-oceanfront pricing. Enjoy ocean and bay views from the private balcony, an open coastal floor plan, 9-ft. ceilings, gourmet kitchen, spacious living/dining areas, and the convenience of two parking spaces in the gated garage. The Gateway Grand lifestyle includes indoor and outdoor pools, fitness center with Atlantic views, owners’ lounges, kids’ club room, climate-controlled beach storage, outdoor showers, management, maintenance, security, and EV chargers. Seller is offering one full year of condo fees paid at settlement with an acceptable offer. A rare under-$1M opportunity in The Gateway Grand — schedule your showing today.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Coastal
Year Built
2008
Living Area
1,790 sq ft
Lot Dimensions
0.00 x 0.00
Garage Spaces
2
Parking Spaces
2
Zoning
RESIDENTAL
Days on Market
532
MLS® Listing#
MDWO2027534
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Construction
Roof
Windows
Security
Community
Sewer
Water Source
Rooms
- Bathroom 1Main
- Bathroom 2Main
- Bathroom 3Main
- Bedroom 1Main
- Bedroom 2Main
- Bedroom 3Main
- Dining RoomMain
- KitchenMain
- LaundryMain
- Living RoomMain
Schools
- Elementary:
- OCEAN CITY
- Middle:
- STEPHEN DECATUR
- High:
- STEPHEN DECATUR
- District:
- WORCESTER COUNTY PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$8,407
Tax year 2024
Assessed Value
$600,667
Parcel Number
2410763444
Directions
GPS
Affordability Calculator
$189,800
Estimated monthly payment
$5,051/mo
Principal $759,200 · Est. interest $1,059,152 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in OCEAN CITY, MD
- $469,307
- Median Listing Price
- 73
- Median Days on Market
- 1,284
- Median Sq Ft
- $383
- Median Price / Sq Ft
- 798
- Active Listings
- This home’s price is 102% above the area median.
- Its price per sq ft is 39% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in OCEAN CITY, MD.
Location
- 2 48TH STREET 214, OCEAN CITY, MD 21842
Points of Interest in OCEAN CITY, MD
Showing the OCEAN CITY area map.
Nearby Schools
Ocean City Elementary School
Elementary · 2.8 mi away
Most Blessed Sacrament Catholic School
Elementary · 6.6 mi away
Showell Elementary School
Elementary · 6.8 mi away
Stephen Decatur High School
Secondary · 7.0 mi away
Stephen Decatur Middle School
Secondary · 7.0 mi away
Little Bears & Sunflowers
School · 7.9 mi away
Berlin Head Start
School · 8.3 mi away
Berlin Intermediate School
Secondary · 8.3 mi away
Buckingham Elementary School
Elementary · 9.2 mi away
Carmellas Kids
Elementary · 9.2 mi away
Selbyville Middle School
Secondary · 9.8 mi away
Phillip C Showell Elementary School
Elementary · 10.0 mi away
Indian River School District
School · 10.5 mi away
Southern Delaware School of the Arts
Elementary · 10.5 mi away
Lord Baltimore Elementary School
Elementary · 12.0 mi away
Indian River School District
Secondary · 13.1 mi away
Carver G W Educational Center
School · 13.1 mi away
Clayton (John M.) Elementary School
Elementary · 14.4 mi away
Indian River High School
Secondary · 14.6 mi away
Discovery Island Early Care & Preschool
School · 15.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 202 BAYVIEW LANE D 5, OCEAN CITY, MD | $664,900 | 3 | 4 | 2,376 |
| 3654 MACALPINE ROAD, ELLICOTT CITY, MD | $667,500 | 3 | 2 | 1,796 |
| 8615 RIDGE ROAD, ELLICOTT CITY, MD | $674,900 | 3 | 4 | 1,152 |
| 31 PREAKNESS DRIVE, OCEAN PINES, MD | $674,999 | 5 | 3 | 2,442 |
| 103 OCEAN DRIVE, OCEAN CITY, MD | $675,000 | 3 | 3 | 1,495 |
| 8530 LINWOOD DRIVE, ELLICOTT CITY, MD | $675,000 | 5 | 2 | 2,614 |
Moving Cost Estimate
EXIT Agents in OCEAN CITY
Listing Courtesy: Coldwell Banker Realty - 4438562211