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2 48th Street, Unit 706 GATEWA, Ocean City, MD 21842

$2,000,000
  • 2 48th Street, Unit 706 GATEWA, Ocean City, MD 21842 Main Photo

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New to the Market Coming Soon
BEDS4 BATHS3 full SQUARE FEET2,061 MLS#MDWO2039504
STATUSCOMING SOON PROPERTY TYPEResidential - Condominium SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS

Property Description

After selling more than 350 residences in The Gateway Grand over the past two decades, one thing has become remarkably clear. When buyers ask us which location we'd choose if every residence in the building were available... This is the location....This is the floorplan.....And this is the height. ---- Gateway Grand #706 is an exceptionally rare 4-bedroom, 3-bath direct oceanfront corner residence that combines everything buyers consistently tell us they're looking for, yet rarely find together. Both direct-oceanfront and Southern end-unit exposure. A premium mid-floor location. Panoramic ocean, bay, skyline, and Assateague Island views. An expansive wraparound oceanfront balcony, plus a second private balcony from the primary suite. Four true bedrooms. End-unit windows and sliding glass that flood the residence with natural light. In a building of nearly 200 luxury residences, this one stands out from the rest, for all those reasons. And here's why: Most oceanfront condos make you compromise. They're Too high. Too low. Not enough windows. Smaller balconies. Limited bay views. Fewer bedrooms. This one gives you a chance to not have to compromise anything. Step inside and you'll immediately appreciate how exceptionally well cared for this home has been. Lovingly enjoyed as a private second home and never rented, it's being offered beautifully designer furnished, completely move-in ready, and prepared for its next owners to begin making memories from day one. Then there's The Gateway Grand Building, Amenities & Association! Simply put, it represents the benchmark by which many luxury condominiums in Ocean City continue to be measured. Owners enjoy indoor and outdoor heated pools, a state-of-the-art fitness center, owner's lounge, children's activity room, gated parking, secure lobby, private beach lockers, multiple beach access points, and outstanding professional management. The building's reputation for financial stability, exceptional leadership, and long-term ownership confidence continues to make it one of the most respected addresses on the East Coast. One feature many buyers don't fully appreciate until they own here is Gateway Grand's innovative two-pipe water-source HVAC system. It's remarkably efficient, eliminates the need for individual water heaters inside each residence, and provides an endless supply of hot and cold water through the building's central systems, reducing maintenance while improving everyday ownership. And the location continues the story. Situated in one of Ocean City's most desirable stretches of coastline, you're just minutes from outstanding restaurants, coffee shops, shopping, Northside Park, the Delaware beaches, Route 54, and everything that makes this part of Ocean City so desirable, while still enjoying a quieter atmosphere than many of the resort's busier sections. The deeded storage locker (#77) and three parking passes only add to the convenience. Some buyers search for an oceanfront condo. The fortunate few find the one they've been hoping would come on the market. Gateway Grand #706 is exactly that. The ONLY question, is will you react quickly enough?

2 48th Street, Unit 706 GATEWA | MLS# MDWO2039504

This condo located at 2 48th Street, Unit 706 GATEWA, Ocean City, MD 21842 is currently listed for sale with an asking price of $2,000,000. This property was built in 2008 and has 4 bedrooms and 3 full baths with 2061 sq. ft. 48th Street, Unit 706 GATEWA is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on dawnhamiltonsmith.homesale.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central A/C
Fuel Type: Electric
Garage: 2
Heating: Heat Pump(s)
Home Style: Unit/Flat
Roof Type: Flat
Stories: 1.0
Taxes: $18,817
Year Built: 2008

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Washer, Freezer, Refrigerator
Building Name: Gateway Grand
Community Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Condo/Coop Fee: $1299.00/Monthly
Exterior: Concrete, Metal Siding
Exterior: Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Flooring: Carpet, Tile/Brick
Interior: Crown Moldings, Entry Level Bedroom, Sprinkler System, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments, Bathroom - Soaking Tub, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Dining Area, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front
Municipality: Ocean City
Parking Features: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Secure Parking, Unassigned
Parking Notes: 2 Total Parking Spaces
Pet Restrictions: Cats OK, Dogs OK, Number Limit
Sewer: Public Sewer
SQFT Above Finished: 2061
SQFT Total Finished: 2061
Structure Type: Unit/Flat/Apartment
Total Garage/Parking Spaces: 2
Water: Public
Windows: Insulated, Screens

Local Schools

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Delmarva
Agency Phone: 4105246400

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Estimated Payment

$ 6,602.55 per month $4,451.13 Principal & Interest $1,568.08 Property Tax $583.33 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/04/2026. The listing information on this page last changed on 07/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/04/2026 12:03:08 AM EST) or Bright MLS (last updated Fri 07/03/2026 11:56:53 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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