2 48th St #201

Ocean City, MD 21842 View Map $1,149,900 Schedule a Tour
Beds4
Baths3
Sq.Ft.2,385
Year2008
Schedule a Tour
Deeley Chester

Deeley Chester

(443) 235-1375
 
ASAP
Fri
27
Jan
Sat
28
Jan
Sun
29
Jan
Mon
30
Jan
Tue
31
Jan
Wed
1
Feb
Thu
2
Feb
Choose Your Date -- It's Free, Cancel Anytime
Joe Brach

Joe Brach

(443) 253-8698
Senior Loan Officer

Get pre-qualified or ask a question about financing
Talk to a Lender
Status: Active
Property Type:Unit/Flat
MLS #:MDWO2011176
Sq. Feet:2,385
On Site:78 Days
County:Worcester
Monthly HOA:$1,101

Listing Office

Office:Keller Williams Realty Delmarva
Broker Phone:410-524-6400
This 2385 square foot 4 Bedroom 3 Bathroom Residence at the Gateway Grand is a must see! The interior of the condominium was completely repainted in 2021 to include the kitchen cabinets and island. New designer appliances were also installed along with a custom tile backsplash. The owner replaced the majority of the contents of the kitchen, which do convey with this fully furnished, turn-key property. All TVs were upgraded along with the wall art and living room sectional sofa. The area rugs were updated and the dining room chairs were reupholstered as well. In the bedrooms all linens and comforters were replaced. The residence also features two balconies, one of which is accessible from each bedroom and the living room. You will appreciate the southern exposure location which provides an abundance of natural light and warmth. This property was a vacation rental and grossed nearly $66,000 from June 18, 2022 to Sept 10, 2022. Additional weeks could have been booked producing more potential income in this highly sought after complex. See the attached rental projection estimating nearly $96,000 in possible gross rental income. The Gateway Grand is one of Ocean City's newest and most spectacular luxury condominium building featuring an abundance of amenities including a heated indoor and outdoor pool, state of the art fitness center, private owners lounges, on-site property management, on-site maintenance team, gated parking garage, kids club, and so much more. Ground floor deeded storage locker #39 conveys with residence.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:2 48th St #201, Ocean City, MD 21842
County:Worcester
Subdivision:None Available
Zip Code:21842
Building:Gateway Grand

Architecture

Unit Number:#201
Bedrooms: 4
Bathrooms: 3
Year Built:2008
Stories:1
Style:Unit/Flat
Construction: Concrete, Metal Siding
Year Renovated: 2021
Unit Building Type: Hi-Rise 9+ Floors
Roof: Flat
Foundation: Pillar/Post/Pier

Features / Amenities

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), Soaking Tub, Sprinkler System, Tub Shower, WhirlPool/HotTub, Window Treatments
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer
Flooring: Carpet, Ceramic Tile
Main Level Bedrooms: 4
Entry Level: 2
Exterior Features: Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Patio And Porch: Balcony, Wrap Around
Security System: Sprinkler System - Indoor
Community Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Sub Structure Types: Above Grade, Below Grade
Garage: Covered Parking
Garage Spaces: 3
Cooling: Central A/C
Cooling Fuel: Electric
Heating: Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric

Square Footage

Finished Sq. Ft.
Above Grade 2385
Below Grade 0
Total 2385

Property Features

Lot Dimensions:0.00 x 0.00
Lot Description: Premium
Water Access: Public Beach
Location: Oceanblock
Parking: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Driveway, Secure Parking, Surface, Unassigned
Parking Included In List Price: No
View: City, Ocean
TV/Cable/Com: Cable TV Available, Electric Available
Electric Service: Circuit Breakers
Sewer: Private Sewer, Public Septic
Water: Public
Transportation: Bus Stop less than 1 mile
Municipality: Ocean City
Zoning:RESIDENTIAL
Directions:Coastal Highway to 48th Street; Ocean Front

Tax and Financial Info

Total Taxes: $10,117 (paid Annually)
Tax Year: 2022
Ownership Type: Condominium
Homeowners' Assoc.: No
City Tax Rate: $3,248.00 (Annually)
County Tax Rate: $6,065.00 (Annually)
Condo Coop Fee: $1,101.00 (Monthly)
Other Fees: $830.00 (One Time)
Acceptable Financing: Cash, Conventional

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

2 48th St #201 Ocean City,  MD 21842
GO SEE THIS LISTING
2 48th St #201 Ocean City, MD 21842
 
ASAP
Fri
27
Jan
Sat
28
Jan
Sun
29
Jan
Mon
30
Jan
Tue
31
Jan
Wed
1
Feb
Thu
2
Feb
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions
Listing Information Last Updated 1/26/2023
The information being provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. Deeley Chester is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Deeley Chester, a broker participant of Bright MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright 2023 Bright MLS. All rights reserved.