2 48th St #214
Ocean City, MD 21842
For more information on this listing, contact us at: (443) 552-7579
Active
$949,000
-20.9%
2 48th St #214 Ocean City, MD 21842
Condo
Property Type
3
Beds
3
Baths
1,790
Sq. Ft.
2008
Year Built
Worcester
County
New price: $960,000 currently the lowest-priced available residence at The Gateway Grand. This furnished 3-bedroom, 3-bath, 1,790 sq. ft. residence is a standout value in Ocean City's premier oceanfront condominium building priced for today's ocean-view buyer, not direct-oceanfront pricing. Enjoy ocean and bay views from the private balcony, an open coastal floor plan, 9-ft. ceilings, gourmet kitchen, spacious living/dining areas, and the convenience of two parking spaces in the gated garage. The Gateway Grand lifestyle includes indoor and outdoor pools, fitness center with Atlantic views, owners' lounges, kids' club room, climate-controlled beach storage, outdoor showers, management, maintenance, security, and EV chargers. Seller is offering one full year of condo fees paid at settlement with an acceptable offer. A rare under-$1M opportunity in The Gateway Grand schedule your showing today.
MLS #
MDWO2027534
Monthly HOA
N/A
On Site
576 Days
Last Updated
6/16/2026
Location
Contact Agent
Client Care Team
(443) 552-7579Property Details
Community Information
Address
2 48th St #214, Ocean City, MD 21842
County
Worcester
City
Ocean City
Zip Code
21842
Building Name
Gateway Grand
School Information
School System
Worcester County Public Schools
High School
Stephen Decatur
Middle School
Stephen Decatur
Elementary School
Ocean City
Architecture
Unit Number
#214
Bedrooms
3
Bathrooms
3
Year Built
2008
Stories
1
Style
Coastal
Construction Materials
Concrete, Metal Siding
Unit Building Type
Hi-Rise 9+ Floors
Roof
Flat
Features / Amenities
Interior Features
Bathroom - Jetted Tub, Bathroom - Stall Shower, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Store/Office, Upgraded Countertops, Walk-in Closet(s), Window Treatments
Appliances
Built-In Microwave, Dishwasher, Dryer - Front Loading, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading
Floor
CeramicTile, Carpet
Exterior Features
Secure Storage
Amenities
Common Grounds, Elevator, Exercise Room, FitnessCenter, GameRoom, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Garage Features
Inside Access, Covered Parking
Type of Parking
Parking Garage, On Street
Garage (# of Spaces)
2
Cooling
Central A/C, Ceiling Fan(s)
Heating
Central
Hot Water
Electric
Property Features
Lot Dimensions
0.00 x 0.00
Water Body Type
Ocean
View
Ocean, Bay
Sewer
Public Sewer
Water Source
Public
Municipality
Ocean City
Zoning
RESIDENTAL
Directions
GPS
Tax and Financial Info
Tax Year
2024
Total Taxes
$8,407 (paid Annually)
Association Fee Includes
Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water
Condo Association
Yes
Condo Fee
$949 (paid Monthly)
Pets Allowed
Cats OK, Dogs OK, Number Limit
Rooms
| Level | Size | Features | Description | |
| Bathroom 1 | Main | |||
| Bathroom 2 | Main | |||
| Bathroom 3 | Main | |||
| Bedroom 1 | Main | |||
| Bedroom 2 | Main | |||
| Bedroom 3 | Main | |||
| Dining Room | Main | |||
| Kitchen | Main | |||
| Laundry | Main | |||
| Living Room | Main |
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Price Change History
| Date | Old Price | New Price | Percent Change |
| 2/13/2025 | $1,199,000 | $1,025,000 |
-14.5%
|
| 3/24/2025 | $1,025,000 | $999,999 |
-2.4%
|
| 10/7/2025 | $999,999 | $995,500 |
-0.4%
|
| 4/30/2026 | $995,500 | $960,000 |
-3.6%
|
| 6/16/2026 | $960,000 | $949,000 |
-1.1%
|
Schools
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Listing Information Last Updated 6/16/2026
Listing provided courtesy of Anna Spann, Coldwell Banker Realty.
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. Coastal Life Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coastal Life Realty Group, 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 2026 Bright MLS. All rights reserved.
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 2026 Bright MLS. All rights reserved.
