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2 48th St 801
Ocean City, Maryland MD 21842
$1,189,000 Price
Active Status
Est. Monthly Payment: $6,382.81 See Details
4 Bedrooms
3 Full Baths
3 Total Baths
2,250 Square Feet
508300 Listing ID
Rare 4-bedroom Resale opportunity. Windows, windows, and more windows! This beautiful designer decorated unit has all of the bells and whistles. Located in the much sought after '01 stack this residence captures panoramic views of the ocean, the bay, downtown ocean city and the entire southeast and southwest skyline. Priced hundreds of thousands below the other 4-bedrooms for sale this is a great opportunity to own one of the largest floorplans in the building.Great rental income. $70,000+/- expected for 2017. Buyer to honor existing rentals.
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Status Active
County 24 - Worcester
Year Built 2008
Property Type Residential
Property Sub Type Condo/Townhome
{"zipcode": "21842", "price": "1189000"}
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Interior Features

1st Floor Master: Yes
Air Conditioning: Central Air
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Refrig. Ice Maker, Refrigerator/Freezer, Washer
Appliances: Other: Central water heater
Attic: n
Attic Description: None
Basement: None
Condo Info: Number of of Elevators: 5
Condo Info: Number of of Floors: 16
Dwelling Floors: 1
Interior Feature: 1st Floor Bed & Bath, Crown Molding, Granite Countertops, Sprinkler System, Walk-in Closet(s), Whirlpool Tub, Wine Storage
Interior Feature: Number of of Ceiling Fan(s): 4
Primary Heat Type: Floor Furnace
Primary Heat Type: Other: 2 pipe water source

Financial Details

Annual City Tax: 3393
Annual Condo Fee: 10788
Annual State/County Tax: 6797
City Taxes: y
Federal Flood Insurance Available: y
Financing Description: Conventional
Foreclosure/REO: No
Ownership Type: Fee Simple
Ownership Type: Foreclosure/REO: n
Ownership Type: Short Sale: n
Short Sale: n
Tax Data: Account Number of: 764203
Tax Data: County: Worcester
Tax Data: Grid Number of: 19
Tax Data: Lot Number of: 801
Tax Data: Map Number of: 113
Tax Data: Parcel Number of: 7433
Tax Data: Unit Number of: 801

External Features

Architectural Design: Condo
Condo Info: Number of Assigned Parking Spaces: 3
Condo Info: Number of of Buildings: 1
Construction: Material: Masonry
Dock Type: None
Exterior Features: Balcony(s), CATV, Insulated Windows, Off Street Parking, Outside Shower, Screens
Exterior Type: Other: Alucobond
Foundation: Concrete Piers
Garage Type: None
Lot Description: Cleared
Navigable Water: n
Pool: n
Pool Type: In Ground, Indoor, Outdoor
Porch/Deck Type: Front
Public Road: y
Roofing: Built-Up/Flat
Water/Sewer: Public Central Sewer, Public Central Water
Waterfront: n
Waterview: y
Waterview Type: Ocean

Location Information

Building Name: Gateway Grand
Communities: N/A
Cross Street: 48
Directions: Coastal Highway to 48th Street.
Elementary School: Ocean City
High School: Stephen Decatur
Historic District: n
Intermediate School: Berlin
Legal Description: UNIT 801 2 48TH ST THE GATEWAY GRAND CM
List Number Main: 508300
Middle School: Stephen Decatur
MLS Area: Worcester East of 113
OC Locations: 81 - Ocean View
Subdivision: N/A


Comm/Condo Amenities: Fitness Center, Game Room, Handicap Parking, Indoor Pool, Outdoor Pool, Parking Garage, Security
Condo Info: Floor/Unit: 801
Condo Info: Management Company: Legum & Norman
Condo Info: Number of of Units: 196
Condo Info: Unit Floor: 8
Construction: Method: Modular
County: 24 - Worcester
Deeded Dock: n
Disclosure/Restrictions: Existing Lease/Rntls, Seller Disclaimer
New Construction: n
Property Sub Type: Condo/Townhome
Year Built: 2008

Zoning Info

© 2017 Coastal Association of Realtors. All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction. Listing courtesy of Grant Fritschle from Condominium Realty, LTD.

Contact - Listing ID 508300

Michele Pompa

6405 Coastal Hwy
Ocean, MD 21842
Phone: 443-497-1313

Data services provided by IDX Broker
Michele Pompa
6405 Coastal Highway, Ocean City, Maryland 21842, USA
Telephone: 443.497.1313