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

$1,109,000
3
BD
3
BA
1,790
SqFt
List Price
$1,109,000
Price Change
▼ $10,000 1727733110
Days on Market
149
Status
ACTIVE
MLS#
MDWO2020868
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,790
Year Built
2008
County
Worcester
Subdivision
None Available
Building Name
Gateway Grand

Property Description

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.

Additional Information

Area
Oceanfront Indirect View (81)
Annual Tax Amount
$10,777
Ownership Interest
Condominium
Condo/Coop Fee
$922
Condo/Coop Fee Frequency
Monthly
Stories
17
Amenities
Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Flooring
Carpet, Ceramic Tile
Garage Spaces
2
Exterior Features
Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Community Amenities
Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
View
Bay, City, Ocean
Heating
Central
Cooling
Central A/C
Roof
Flat
Utilities
Cable TV Available, Electric Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Delmarva. Contact: (410) 524-6400