2 48th St #609

Ocean City, MD 21842 View Map $1,330,000 Ask a Question
Dave Whittington

Dave Whittington

(410) 430-5283

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Status: Sold
Property Type:Unit/Flat
MLS #:MDWO2001016
Sq. Feet:1,790
Date Sold:3/17/2022
Direct Oceanfront one of a kind 3 Bedroom 3 Bathroom residence offered fully furnished with all of the upgrades and conveniences you are looking for! No expense was spared in this residence's remodel which is the popular F-style floorplan featuring a large open living room, dining room, and kitchen. Upon entering you will take note of how bright this condo is with 6 LED recessed lights lining the hallway accenting the two custom alcoves and custom millwork. The kitchen features rich cherry cabinetry with soft close hardware on all doors and drawers and a gorgeous glass tile kitchen backsplash. High-end resilient flooring has been installed throughout the residence including luxury vinyl plank flooring from the hallway to the great room, top-of-the-line carpeting and pad in the bedrooms, and tile flooring in all bathrooms. Each bathroom features heated multi-bar towel warmers and upgraded light fixtures. The primary bathroom has a stunning custom tile heated floor and upgraded cabinetry. The walls surrounding the primary bedroom are insulated with sound proofing insulation to ensure a good night's sleep even if your guests stay up late. Each bedroom features upgraded ceiling fans, blackout window shades, designer beds with memory foam mattresses that will leave you asking where you can buy them for your primary residence. This residence was booked solid with weekly rentals grossing over $93, 000 for 2021 in rental income, but you would never know it by touring the property. The current owner has the residence deep cleaned every week between check-in and check-out for 5-6 hours. 2022 Rentals must be honored or a delayed settlement could be accommodated if you prefer not to handle the rental reservations. The Gateway Grand is a first class amenity rich building including a seasonal heated outdoor pool, year-round heated indoor pool, multiple owner's lounges, kid's club room with video games and toys, 24/hour fitness center, expansive lobby, on-site property management, security in the evenings, on-site maintenance team, and the list goes on! This residence conveys with ground floor storage locker #45.

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Price Change History

Date Old Price New Price Percent Change

Community Information

Address:2 48th St #609 Ocean City, MD 21842
Area:Direct Oceanfront (80)
City:Ocean City
Zip Code:21842
Neighborhood:Direct Oceanfront (80)
Building Name:Gateway Grand


Unit Number:#609
Bedrooms: 3
Bathrooms: 3
Year Built:2008
Construction: Concrete, Metal Siding
Roofing: Flat
Foundation: Pillar/Post/Pier

Features / Amenities

Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer
Interior Features: Crown Moldings, Entry Level Bedroom, Sprinkler System, Upgraded Countertops, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments, Wine Storage
Unit Floor: 11
Exterior Features: Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Exterior Spaces: Balcony
Garage Features: Covered Parking
Type of Parking: Attached Garage, Parking Lot
Garage (# of Spaces): 2.00
Air Conditioning: Central A/C, Ceiling Fan(s)
Primary Heat Type: Heat Pump(s)

Property Features

Num. Floors in Condo Bldg.:16
Waterfront: Sandy Beach
Water Body Type: Ocean
View: Ocean, Panoramic
Lot Description: Cleared
Waterfront: Yes
Septic: Public Sewer
Water: Public
Transportation: Bus Stop less than 1 mile
Municipality: Ocean City

Tax and Financial Info

Property Taxes: $10,607 (paid Annually)
Condo Association: Yes
Condo Fee: $741 (paid Monthly)
Fees Include: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water



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Listing Information Last Updated 8/14/2022
Listing provided courtesy of Keller Williams Realty Delmarva.
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