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2 48th St #703
2 48th St #703
2 48th St #703
2 48th St #703
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Sold

2 48th St #703

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

$1,060,000
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.

3
beds

3
baths

1,790 Sq.Ft. LIVING AREA

Nick Bobenko

Nick Bobenko

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms3
  • full bathrooms3
  • Flooring Carpet, Ceramic Tile
  • APPLIANCES Dishwasher, Disposal, Dryer, Refrigerator, Freezer, Microwave, Electric Oven, Electric Range, Washer, Electric Water Heater

Area & Lot

  • Status Sold
  • Living Area1,790 Sq.Ft.
  • MLS® IDMDWO2020868
  • TypeCondo
  • YEAR BUILT2008
  • Architecture StylesUnit/Flat
  • Water FrontageOcean Front
  • View DescriptionBay, Water, City, Ocean
  • School DistrictWORCESTER COUNTY PUBLIC SCHOOLS

Exterior

  • STORIES1
  • Garage Space2.0
  • water SourcePublic
  • utilitiesCable Available
  • lot featuresWaterfront
  • parkingAttached
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • HOA AmenitiesPool, Fitness Center, Game Room, Meeting Room, Party Room
  • other exterior FeaturesBalcony

Financial

  • Sales Price$1,060,000
  • Real Estate Tax $10,777/yr
  • Zoning Residential Condominium

Partner with Coastal Life Realty Group

Nick combines deep local insight, proven systems, and a supportive team to make your real estate goals a reality.

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