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$1,249,900
●
Condo -
Off Market
2 48TH ST #309
OCEAN CITY, MD 21842
3 Beds
3 Baths
1790 Sqft
$1,271,677
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Beautifully designed, this 3 bedroom 3 bathroom residence at the
Gateway Grand is impressive. As soon as you enter through the
front door you will be awed by the oceanfront location. From
the inspiring sunrises to the ever changing glow of the sunsets you
will want to spend as much time as possible in this location.
Not to mention, this residence is located on the 3rd floor of
the building allowing easy access to the stairs and covered bridge
to the parking garage just one floor below. This residence is
being sold fully furnished with the exception of some personal
items and is a turn key investment property. There are four
high-end picture frame TVs that convey with the property, an
exciting feature for the technology guru in your family. In
addition, nearly the entire summer of 2023 is pre-booked and the
new owners will gain the income from those weekly rentals.
The Gateway Grand, one of Ocean City's newest luxury
high-rises, has amenities that include heated indoor and outdoor
pools, 24/7 fitness center, kid's club room, multiple owner's
lounges, grand lobby, staffed front desk, on-site management,
on-site maintenance, secure access parking garage, security staff
making rounds in the evenings, and the list continues. Make
sure to put The Gateway Grand on your list of must see properties.
Deeded storage locker #94 conveys with the residence and is
located on the ground floor.
Unit Size
1,790Ft²
Days on Market
45 days
Land Size
-
Price per sqft
$698
Property Type
Condo
Property Taxes
$857
HOA Dues
-
Year Built
-
Last updated: 2 years ago (Bright MLS #MDWO2012606)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 1, 2023 | Sold | $1,249,900 | |
Sold | |||
Mar 21, 2023 | In contract | - | |
In contract | |||
Mar 3, 2023 | Listed by Keller Williams Realty Delmarva | $1,249,900 | |
Listed by Keller Williams Realty Delmarva | |||
Jun 5, 2022 | No longer available | - | |
No longer available | |||
May 2, 2022 | Listed by Berkshire Hathaway HomeService PenFed Realty - WOC | $1,390,000 | |
Listed by Berkshire Hathaway HomeService PenFed Realty - WOC | |||
|
|||
Stunning direct oceanfront 3 bedroom, 3 bath condo in Ocean City's
premier luxury residence. Desirable low floor location featuring
the popular "F" floorplan. This open floorplan with expansive
oceanviews across the front of the home is perfect for large family
gatherings. Watch the sun rise over the Atlantic Ocean or enjoy
afternoon cocktails on the spacious oceanfront balcony while
savoring the breathtaking views. This lovely, turn key, fully
furnished home features casually chic decor…
|
Show More
Property Highlights
Air Conditioning
Elevator
Garage
Parking Details
Has Garage
Garage Features: Covered Parking
Parking Features: Attached Garage, Parking Lot
Attached Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedroom Information
Bedrooms on Main Level: 3
Interior Information
Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Washer, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric
Flooring Type: Carpet
Living Area Square Feet Source: Estimated
Wall & Ceiling Types
Room Information
Laundry Type: Dryer In Unit, Washer In Unit
Exterior Details
Property Information
Property Manager Present
Ownership Interest: Condominium
Property Condition: Excellent
Year Built Source: Assessor
Building Information
Builder Name: Bovis Lendlease
Builder Name: Bovis Lendlease
Foundation Details: Pillar/Post/Pier
Other Structures: Above Grade, Below Grade
Roof: Flat
Structure Type: Unit/Flat/Apartment
Window Features: Insulated, Screens
Construction Materials: Concrete, Metal Siding
Unit Building Type: Hi-Rise 9+ Floors
Building Name: Gateway Grand
Outdoor Living Structures: Balcony
Pool Information
Community Pool
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Land Information
Land Assessed Value: $729,300
Above Grade Information
Finished Square Feet: 1790
Finished Square Feet Source: 1790
Financial Details
County Tax: $6,163
County Tax Payment Frequency: Annually
City Town Tax: $3,300
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $729,300
Tax Year: 2022
Tax Annual Amount: $10,280
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Heat Pump(s)
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, 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
Condo/Coop Fee: $808
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
3
Beds
3
Baths
1,806 ft²
$692/ft²
$1,250,000
Feb 16, 2023
$1,250,000
Jul 1, 2023
-
Sold
Condo
3
Beds
3
Baths
1,790 ft²
$587/ft²
$1,050,000
Mar 1, 2023
$1,050,000
Apr 12, 2023
-
Condo
3
Beds
3
Baths
1,790 ft²
$701/ft²
$1,255,000
Feb 10, 2023
$1,255,000
Apr 5, 2023
-
Condo
3
Beds
3
Baths
1,790 ft²
$642/ft²
$1,149,000
Oct 9, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/02/2024
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,299,000
3 Bed
3 Bath
1790 ft²
|
-
-
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
12/06/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,200,000
3 Bed
3 Bath
1790 ft²
|
$1,175,000
-2.08%
01/12/2024
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
09/10/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,250,000
3 Bed
3 Bath
1790 ft²
|
$1,255,000
+0.40%
12/12/2023
|
Jonathan Barker
Keller Williams Realty Delmarva
|
||
08/02/2023
|
3 Bed
|
3 Bath
|
1806 ft²
|
$1,499,000
3 Bed
3 Bath
1806 ft²
|
$1,350,000
-9.94%
09/28/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
07/27/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,200,000
3 Bed
3 Bath
1790 ft²
|
$1,150,000
-4.17%
12/29/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
05/02/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,350,000
3 Bed
3 Bath
1790 ft²
|
$1,160,000
-14.07%
08/18/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
04/24/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,325,000
3 Bed
3 Bath
1790 ft²
|
$1,250,000
-5.66%
07/12/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
03/20/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,299,900
3 Bed
3 Bath
1790 ft²
|
$1,250,000
-3.84%
05/19/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
03/10/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,099,000
3 Bed
3 Bath
1790 ft²
|
$1,075,000
-2.18%
07/07/2023
|
Grant Fritschle
Keller Williams Realty Delmarva
|
||
03/03/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,249,900
3 Bed
3 Bath
1790 ft²
|
$1,249,900
04/17/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
03/01/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,050,000
3 Bed
3 Bath
1790 ft²
|
$1,050,000
04/12/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
02/16/2023
|
3 Bed
|
3 Bath
|
1806 ft²
|
$1,349,900
3 Bed
3 Bath
1806 ft²
|
$50,000
-96.30%
04/25/2023
|
Jonathan Barker
Keller Williams Realty Delmarva
|
||
02/10/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,390,000
3 Bed
3 Bath
1790 ft²
|
$1,255,000
-9.71%
04/05/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
12/09/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,295,000
3 Bed
3 Bath
1790 ft²
|
-
-
|
-
|
Sandy Galloway
Berkshire Hathaway HomeServices PenFed Realty - OP
|
|
10/31/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,299,000
3 Bed
3 Bath
1790 ft²
|
$1,249,900
-3.78%
03/10/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
05/02/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,390,000
3 Bed
3 Bath
1790 ft²
|
$1,249,900
-10.08%
05/01/2023
|
-
|
Karen Staskey
Berkshire Hathaway HomeService PenFed Realty - WOC
|
|
08/20/2021
|
|
3 Bed
|
3 Bath
|
1650 ft²
|
$1,325,000
3 Bed
3 Bath
1650 ft²
|
-
-
|
-
|
Mary Rice
Engel & Volkers Ocean City
|
09/15/2021
|
3 Bed
|
3 Bath
|
1873 ft²
|
$1,499,900
3 Bed
3 Bath
1873 ft²
|
-
-
|
-
|
Mike Patrick
RE/MAX United Real Estate
|
|
09/11/2021
|
3 Bed
|
3 Bath
|
1650 ft²
|
$1,349,000
3 Bed
3 Bath
1650 ft²
|
$1,115,000
-17.35%
02/11/2022
|
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
|
||
11/25/2020
|
4 Bed
|
3 Bath
|
2345 ft²
|
$899,900
4 Bed
3 Bath
2345 ft²
|
-
-
|
-
|
-
|
|
11/06/2020
|
3 Bed
|
3 Bath
|
1790 ft²
|
$849,000
3 Bed
3 Bath
1790 ft²
|
$830,000
-2.24%
01/15/2021
|
Kelly Goeller
|
||
04/03/2019
|
3 Bed
|
3 Bath
|
1806 ft²
|
$829,900
3 Bed
3 Bath
1806 ft²
|
$810,000
-2.40%
10/08/2019
|
Ryan Daniher
|
||
04/12/2019
|
|
3 Bed
|
3 Bath
|
-
|
$800,000
3 Bed
3 Bath
|
-
-
|
-
|
-
|
02/18/2019
|
4 Bed
|
3 Bath
|
2061 ft²
|
$1,275,000
4 Bed
3 Bath
2061 ft²
|
-
-
|
-
|
-
|
|
11/02/2018
|
4 Bed
|
3 Bath
|
2250 ft²
|
$849,900
4 Bed
3 Bath
2250 ft²
|
-
-
|
-
|
-
|
|
05/16/2018
|
|
4 Bed
|
3 Bath
|
2061 ft²
|
-
4 Bed
3 Bath
2061 ft²
|
-
-
|
-
|
-
|
11/27/2017
|
3 Bed
|
3 Bath
|
1650 ft²
|
$829,990
3 Bed
3 Bath
1650 ft²
|
-
-
|
-
|
-
|
|
07/30/2017
|
|
4 Bed
|
3 Bath
|
2250 ft²
|
-
4 Bed
3 Bath
2250 ft²
|
-
-
|
-
|
-
|
Building Info
About Ocean City
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