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2 48th Street #207, Ocean City, MD 21842
$1,265,000
2 48th Street #207, Ocean City, MD 21842View this property at 2 48th Street #207, Ocean City, MD 21842
2 48th Street #207Ocean CityMD21842
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Property Description
Oceanfront sophistication at the Gateway Grand. This recently updated direct oceanfront condo offers three bedrooms, three full-bathrooms and a large, open living area. The living area features the oceanfront living room, a dining area, office space, utility room and a chef's kitchen with designer cabinets, granite countertops, higher-end appliances and a large center island. Luxury vinyl plank flooring has been installed throughout the entire living area and in all of the bedrooms. The large, private balcony off of the living area and master bedroom is a great place to relax, unwind and enjoy the beautiful oceanfront views. The oceanfront master bedroom features beautiful ocean and beach views from the large window and sliding glass door as well as an ensuite full-bathroom with dual vanity sinks, designer cabinet, granite countertops, tile flooring, jacuzzi tub and a separate tiled shower. Both generously sized guest bedrooms are located in the rear of the condo for added privacy and feature ensuite full-bathrooms. The second and third full-bathrooms feature designer cabinets, granite countertops and tiled showers. The condo has been beautifully furnished and appointed throughout, emanating a sophisticated coastal vibe. It has been well-maintained and is in excellent condition. Prime elevated second floor location offers premium views, limited elevator use if preferred and is located on the same level as the parking garage entry for direct building access. Quality construction and premium insulated windows and doors provide a quiet indoor environment. The Gateway Grand offers one of the best amenity packages in town with indoor and outdoor pools, fitness center, kids game room, meeting and party facilities, multiple elevators, conditioned storage areas, onsite management and maintenance, grand resort-style lobby, controlled access parking garage, direct beach access and more. The building itself is well managed with an active association and is always in excellent condition. This is oceanfront living at its finest. Schedule your private showing today.
Full Property Details
Full Property Details for 2 48th St #207
General
- Price: $1,265,000
- HOA FEE: $922/month
- Taxes: $10,280 (2023)
- Status: Active
- Type: Condo
- MLS ID: MDWO2020726
- Updated: 5/14/2024
- Added to Site: 16 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Dining Area, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Soaking Tub, Other
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
- Furnished: Yes
- Flooring: Luxury Vinyl Plank, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Elevator, Extra Storage, Fitness Center, Game Room, Hot tub, Meeting Room, Pool - Indoor, Pool - Outdoor, Swimming Pool, Other, Party Room
- Shared Pool: Yes
- Pool: Yes
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Parking Garage, Parking Lot
- Garage Description: Other
Location
- Area: Direct Oceanfront (80)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Gateway Grand
- Driving Directions: Oceanfront on 48th St.
- Location Details: Oceanfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Trash, Water
- Pets Allowed: Yes
- Pets: Case by Case Basis
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Hi-Rise 9+ Floors
- Construction: Concrete
- Entry Floor Number: 2
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,806
- Sq. Ft. Source: Estimated
- Living Area: 1,806 Sq. Ft.
- Year Built: 2008
- Year Built Source: Assessor
Lot Features
- Property View: Ocean
- Lot Dimensions: 0.00 x 0.00
- Zoning: RESIDENTIAL
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Ocean
Financial Considerations
- Price Per Sq. Ft.: $700.44
- Condo Fee: $922
- Condo Fee Freq: Monthly
- Other Fee: $830
- Other Fee Freq.: One Time
- Assessment Year: 2023
- City/TownTax: $3,300
- City/TownTax Freq: Annually
- County Tax: $6,163
- County Tax Freq: Annually
- Tax w/Assessment: $729,300
- Tax Amount: $10,280
- Tax Year: 2023
- Tax Total Finished Sq. Ft.: 1650
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Condominium
- Condo: Yes
- Lot Number: 207
Listed by Coastal Life Realty Group LLC, Nicholas Bobenko
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Schools
Schools serving 2 48th St #207
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 2.8 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 8.3 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 7.1 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 48th St #207
Date
Details
Price
Change
Source
5/02/2024
Listed
$1,265,000
68.67%
MLS
7/17/2002
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2 48th St #207
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,280
—
$729,300
—
2021
$10,306
—
$729,300
—
2021
$10,304
-1%
$729,300
—
2020
$10,375
1%
$729,300
—
2019
$10,302
-8%
$729,300
-8%
2018
$11,188
2%
$792,000
2%
2017
$10,977
2%
$773,200
2%
2016
$10,750
8%
$754,400
3%
2015
$9,948
—
$735,600
1%
2014
$9,900
—
$731,167
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 48th St #207
2 48th Street #207, Ocean City, MD 21842 (MLS# MDWO2020726) is a Condo property with 3 bedrooms and 3 full bathrooms. 2 48th Street #207 is currently listed for $1,265,000 and was received on May 02, 2024. Want to learn more about 2 48th Street #207? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.