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Home/Real Estate/Worcester/Ocean City/21842/None Available/2 48TH ST #1002 GATEWAY GRAND, OCEAN CITY, MD, 21842
MLS# MDWO2037756Listed by Keller Williams Realty Delmarva
2 48TH ST #1002 GATEWAY GRAND, OCEAN CITY, MD 21842
$1,299,900Active Under Contract
3Beds
3Baths
1,790Sq Ft
0Lot sqft
About This Property
Most buyers think “oceanfront” is always the best, and while that’s OFTEN true, it’s NOT ALWAYS true. Let’s look at a perfect example of why. Unit 1002 at The Gateway Grand, widely considered the most well-built luxury oceanfront high-rise in Ocean City, MD, might not check the traditional oceanfront box, but what it offers in views, and how you experience those views, tends to change people’s min…
Key Facts
StatusActive Under Contract
MLS #MDWO2037756
Property TypeResidential
Days on Market137
Year Built2008
StyleUnit/Flat
Levels / Stories1
New ConstructionNo
OwnershipCondominium
Tax ID2410764491
ZoningRESIDENTIAL CONDOMINIUM
Interior
Living Area1,790 sq ft
Above Grade Fin.1,790 sq ft
Interior FeaturesCrown Moldings, Entry Level Bedroom, Sprinkler System, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments
AppliancesDishwasher, Dryer, Built-In Microwave, Oven/Range - Electric, Washer
FireplaceNo
BasementNo
LaundryDryer In Unit, Washer In Unit
Door FeaturesInsulated, Sliding Glass
FlooringCarpet
Exterior & Lot
ConstructionConcrete, Metal Siding
RoofFlat
Exterior FeaturesExterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Other StructuresAbove Grade, Below Grade
PoolYes - Community
WaterfrontYes
Water ViewNo
Water AccessYes
Navigable WaterNo
Parking
GarageYes
Garage Spaces2
Garage TypeCovered Parking
Total Parking2
Parking TypesAttached Garage, Parking Lot
Parking FeaturesElectricVehicleChargingStations, Handicap Parking, Lighted Parking, Paved Parking, Secure Parking, Unassigned
Utilities
HeatingYes
Heating TypeHeat Pump(s)
Heating FuelElectric
Central AirYes
Cooling TypeCentral A/C, Ceiling Fan(s)
Cooling FuelElectric
Hot WaterElectric
Water SourcePublic
SewerPublic Sewer
UtilitiesCable TV Available, Electric Available
Taxes & Assessment
Annual Taxes$13,550 / 2025
Assessed Value$1,104,500 / 2026
County Tax$8,063
City / Town Tax$4,378
Community & Schools
CountyWORCESTER-MD
SubdivisionNONE AVAILABLE
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
HOANo
Senior CommunityNo
Pets AllowedCats OK, Dogs OK, Number Limit
Location & Nearby Businesses
2 48TH ST #1002 GATEWAY GRAND, OCEAN CITY, MD, 21842
Get Driving DirectionsSource: Real Estate Property Source Bright MLS
Est. Monthly Payment
$6,573/mo
Home Price$1,299,900
Down Payment (20%)$259,980
Loan Amount$1,039,920
Interest Rate (est.)6.50%
Loan Term30 Years
* Estimate reflects principal & interest only — excludes property taxes, homeowners insurance, mortgage insurance, and any HOA/condo dues if applicable, all of which affect your actual payment. Contact a mortgage professional for additional figures.
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