2 48th St #402, Ocean City, MD 21842
$1,099,000

MLS#
Mdwo2017306
Price
$1,099,000
Bedrooms
3
Full Baths
3
Standard Status
Active
Waterfront
N
Unit Number:402

Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023. Some weeks were blocked in 2023 for owner use and it could produce more income if so desired by the new owners. Buyers to honor 2024 rentals.

Exterior Features


View
Bay, city, ocean
Architectural Style
Unit/flat
Construction Materials
Concrete, metal Siding
Exterior Features
Exterior Lighting, outside Shower, sidewalks, underground Lawn Sprinkler
Foundation Details
Pillar/post/pier
Garage Features
Covered Parking
Parking Features
Electric Vehicle Charging Station(s), handicap Parking, lighted Parking, paved Driveway, secure Parking, surface, unassigned
Outdoor Living Structures
Balcony
Roof
Flat
Water Body Type
Ocean

Interior Features


Heating
Central
Heating Fuel
Electric
Cooling
Central A/c
Hot Water
Electric
Fireplace
N
Flooring
Carpet, ceramic Tile
Appliances
Built-in Microwave, dishwasher, disposal, dryer, freezer, oven/range - Electric, refrigerator, washer
Interior Features
Carpet, ceiling Fan(s), combination Dining/living, combination Kitchen/dining, crown Moldings, dining Area, entry Level Bedroom, flat, floor Plan - Open, pantry, primary Bath(s), recessed Lighting, soaking Tub, sprinkler System, tub Shower, upgraded Countertops, walk-in Closet(s), whirlpool/hottub, window Treatments

Additional Details


Square Footage
1790
Year Built
2008
New Construction
N
Property Type
Residential
County
Worcester
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools