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Property view

2 48th St #401, 
Ocean City, MD 21842

$1,125,000


4

Beds


3

Baths


2,385

Sq Ft


Condo

Sold

Listed by

Jonathan M Barker

Grant K Fritschle

Bought with Coastal Life Realty Group LLC

Keller Williams Realty Delmarva, 4105246400, lwbunting@comcast.net

MLS#

MDWO2036498

Source:

BRIGHTMLS

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About This Home

2 48th St #401

This 2385 square foot 4 Bedroom 3 Bathroom Residence at the Gateway Grand is a must see! One of the most impressive parts of this condominium is the oversized living room, which is one of the largest in the building. The residence features two balconies, one of which is accessible from each bedroom and the very large living room. You will appreciate the southern exposure location which provides an abundance of natural light and warmth. From the fourth floor you have views of the Atlantic Ocean from the Southern balcony that extends beyond the other residence balconies in front of it. 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 #169 conveys with residence. 2026 rentals must be honored. See attached rental schedule for reference in documents section. Grossed $58,149 in rental income in 2025 and already has $50,610 booked for 2026.

Home Facts

Condo

3 Baths

4 Bedrooms

Built in 2008

Price Summary

1,175,000

$492 per Sq. Ft.

MLS #:

MDWO2036498

Sold:

March 26, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,385 Sq. Ft.


Structure

Structure

Building Area:

2,385 Sq. Ft.

Year Built:

2008


Finances & Disclosures

Finances

Price:

$1,175,000

Price per Sq. Ft:

$492 per Sq. Ft.

Source:BRIGHTMLS
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