Waterfront
Listed By:
Keller Williams Realty Delmarva
Address
2 48Th Street # 703, Ocean City, MD
Price
$ 1,129,000
Property Attributes
  • MLS#MDWO2020868
  • TypeCondos
  • CountyWORCESTER
  • CityOcean City
  • AreaOceanfront Indirect View
  • Zip21842
  • StyleUnit/Flat
  • Year Built2008
  • Taxes$ 9071
  • Price$ 1,129,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1790
Data Source:
Bright MLS
Property Description

The Gateway Grand #703 - A Luxurious Oceanfront Residence Nestled high above the surrounding properties, on the 7th floor of The Gateway Grand, #703 is a meticulously maintained 3-bedroom residence that epitomizes luxury living in Ocean City. This exquisite property boasts a spacious and open floorplan, providing an inviting ambiance and an abundance of natural light. One of its most striking features is the breathtaking southern-exposure panoramic views that grace this home. From its private balcony, residents and guests can revel in stunning vistas of the city skyline, the serene ocean, and the tranquil bay, making every moment a visual delight. Sunrise to Sunset this residence provides some of the most captivating views in the city. This residence has been lovingly cared for, with attention to detail evident in every corner. The living spaces are thoughtfully designed, offering both comfort and elegance. Whether you're enjoying a meal in the gourmet kitchen, lounging in the living room, or retiring to one of the three cozy bedrooms, you'll be enveloped in luxury. The Gateway Grand itself is Ocean City's pinnacle of oceanfront living. With its impeccable amenities and prime location, it offers residents a lifestyle of convenience and sophistication. From the elegant lobby to the direct beach access, the heated indoor pool, or the state-of-art fitness center, every aspect of this building is designed to cater to the desires of discerning homeowners. In summary, The Gateway Grand #703 is not just a residence; it's a sanctuary where you can indulge in the finest coastal living. Whether you're captivated by the ocean's waves, the city's charm, or the bay's tranquility, this property presents a unique opportunity to savor it all in one stunning package. Deeded mezzanine storage locker 143 conveys with residence. Buyer to honor any booked rentals for 2024.

Price History
5/10/2024 Listed $1,129,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Cable TV Available,Electric Available
Possession Settlement
Roof Flat
Appliances Built-In Microwave,Dishwasher,Disposal,Dryer,Freezer,Oven/Range - Electric,Refrigerator,Washer
Exterior Features Exterior Lighting,Outside Shower,Sidewalks,Underground Lawn Sprinkler
Zoning RESIDENTIAL
Garage Spaces 2.00
Association Fee Includes Common Area Maintenance,Ext Bldg Maint,Health Club,Insurance,Management,Pool(s),Reserve Funds,Water
Patio/Porch Features Balcony
Architectural Style Unit/Flat
Construction Materials Concrete,Metal Siding
Exclusions See Inventory Addendum
Year Built 2008
Electric Circuit Breakers
View Bay,City,Ocean
Levels 1
Other Fees 830.00
Unit Number 703
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Waterfront Features Sandy Beach
Building Name Gateway Grand
Accessibility None
HOA Fee 2 922.00
County WORCESTER
New Construction No
Property Type Residential
Association Amenities Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Meeting Room,Party Room,Pool - Indoor,Pool - Outdoor,Swimming Pool
HOA / Comm Assn No
Subdivision Name NONE AVAILABLE
Facing Direction West
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Transportation Bus Stop less than 1 mile
Status ACTIVE
Directions Coastal Hwy South,Left on 48th Street,Building oceanfront on Left.
ModificationTimestamp 2024-05-31T12:08:10
City OCEAN CITY
Buyer Agent Compensation 2.5
Body of Water Atlantic
Disclosures Conserv Area,Prop Disclaimer
Other Fees Frequency One Time
Senior Community Y/N No
Zoning Description Residential Condominium
NumberOfUnitsTotal 1
MLS Area Oceanfront Indirect View (81)
Tax Assessed Value 643500.0
Waterfront Y/N Yes
Street Name 48TH
HOA Fee 2 Frequency Monthly
Tax Annual Amount 9071.0
Home Warranty Y/N No
Property Condition Excellent
Structure Type Unit/Flat/Apartment
Floors In Unit Count 1
Condo/Coop Association Y/N Yes
Bathrooms Full Main Level 3
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total 630.73
Acceptable Financing Cash,Conventional
Community Pool Features Heated,Indoor,In Ground
Lease Considered Y/N No
Vacation Rental Y/N Yes
Virtual Tour https://my.matterport.com/show/?m=GMiMj28HLQU&brand=0
Total SQFT 1790
Days on Market 22
Location Type Oceanblock
AssociationName2 Gateway Grand
Builder Name Bovis Lendlease
Standard Status Active
Year Built Source Assessor
Legal Subdivision GATEWAY GRAND
Tax Lot 703
Buyer Agent Compensation Type % Of Gross
Federal Flood Zone X

Interior Features

Heating Fuel Electric
Flooring Carpet,Ceramic Tile
Hot Water Electric
Total Stories 17
Common Walls 2+ Common Walls
Basement (Y/N) No
Heating Y/N Yes
Window Features Insulated,Screens
Fireplace Y/N No
Above Grade Finished Area 1790
Full Baths 3
Street Suffix STREET
Central Air Y/N Yes
Total Bedrooms 3
Entry Level 7
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Laundry Type Dryer In Unit,Washer In Unit
Common Walls 2+ Common Walls
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
Number of Elevators 5

Exterior Features

Pool Yes - Community
Parking Features Electric Vehicle Charging Station(s),Handicap Parking,Lighted Parking,Paved Driveway,Secure Parking,Surface,Unassigned
Lot Features Premium
Water Source Public
Inclusions See Inventory Addendum
Total Parking Spaces 2
Garage Features Covered Parking
Type of Parking Attached Garage,Parking Lot
Land Use Code U
Foundation Details Pillar/Post/Pier
Water View Y/N Yes
Lot Dimensions 0.00 x 0.00
Water Body Type Ocean
Door Features Insulated,Sliding Glass
Builder Model F
Horse Y/N No
Land Assessed Value 0.00
Navigable Water Y/N No
Water Oriented Y/N Yes
# of Attached Garage Spaces 2
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 21842

Price
AVG $480K
$1.13M
Taxes
AVG $3,587
$9,071
Visits
AVG 270
156
Data Provided by Inside Real Estate®
Year Built
AVG 1986
2008

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