2 48TH ST #703, Ocean City, MD 21842 – MDWO2020868 - Don Perrin

$1,060,000

Est. payment -/mo

$1,109,000

4.4%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3 Beds

3 Baths

1,790 SqFt

SOLD DATE : 11/15/2024

Key Details

Sold Price $1,060,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 1,790 sqft

Price per Sqft $592

Subdivision None Available

MLS Listing ID MDWO2020868

Sold Date 11/15/24

Style Unit/Flat

Bedrooms 3

Full Baths 3

Condo Fees $922/mo

HOA Y/N N

Abv Grd Liv Area 1,790

Originating Board BRIGHT

Year Built 2008

Annual Tax Amount $10,777

Tax Year 2024

Lot Dimensions 0.00 x 0.00

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.

Location

State MD

County Worcester

Area Oceanfront Indirect View (81)

Zoning RESIDENTIAL

Direction West

Rooms

Main Level Bedrooms 3

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Carpet, Ceramic Tile

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer

Furnishings Yes

Fireplace N

Window Features Insulated,Screens

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer

Heat Source Electric

Laundry Dryer In Unit, Washer In Unit

Exterior

Exterior Feature Balcony

Garage Covered Parking

Garage Spaces 2.0

Utilities Available Cable TV Available, Electric Available

Amenities Available Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool

Waterfront Y

Waterfront Description Sandy Beach

Water Access N

View Bay, City, Ocean

Roof Type Flat

Accessibility None

Porch Balcony

Attached Garage 2

Total Parking Spaces 2

Garage Y

Building

Lot Description Premium

Story 1

Unit Features Hi-Rise 9+ Floors

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Health Club,Insurance,Management,Pool(s),Reserve Funds,Water

Senior Community No

Tax ID 2410764084

Ownership Condominium

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Description Cats OK, Dogs OK, Number Limit

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Don Perrin

don@milvets.us +1(703) 819-4655

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Jonathan M Barker • Keller Williams Realty Delmarva
Bought with Nicholas Bobenko • Coastal Life Realty Group LLC

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655