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$1,119,000

Beds
3
Baths
3.0
sq ft
1,790

2 48th St Unit 703, Ocean City, MD 21842

2 48th St Unit 703

OCEAN CITY, MD 21842

  • 141 days on market
    • Price drop $10,000↓
Net Rental Income in 2024 was $50,527.36! 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.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$626

Year built

2008

Annual property taxes

$10,777

HOA

No

Price History

09/26/2024
Bright

Bright #MDWO2020868

Price change
$1,119,000
-2.61%
05/10/2024
BrightMLS

BrightMLS #MDWO2016920

Removed
$1,149,000
+1.77%
05/10/2024
Bright

Bright #MDWO2020868

Listed
$1,129,000
-1.74%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 09/27/2024 at 10:15 PM

Listing updated: 09/26/2024 at 5:56 PM

Listed by: Jonathan M Barker, Keller Williams Realty Delmarva Phone #: (410) 524-6400

MLS: Bright #MDWO2020868

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