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2 48TH STREET #1402 photograph
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For sale

$1,275,000

2 48TH STREET #1402

Ocean City, MD 21842

3 Beds · 3 Baths · 1,650 SF · Off Street, Garage, Covered, Community Structure

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The condo

Unit-level detail as reported in the listing record.

Year built
2008
Ownership style
Condominium
Balcony
Balcony
Patio / terrace
Balcony
Garage
Covered Parking
Garage spaces
2
Parking spaces
2
Flooring
Carpet, Ceramic Tile
Heating
Exhaust Fan, Electric, Heat Pump
Cooling
Central Air, Ceiling Fan(s), Electric
Furnished
Furnished
Appliances & features
Electric Water Heater, Dishwasher, Disposal, Dryer, Refrigerator, Exhaust Fan, Washer, Water Heater, Microwave
Water
Public
Sewer
Public Sewer
Construction
Masonry

MLS reported

3-bedroom condo with 3 baths, 1,650 sq ft and off street, garage, covered, community structure.

What it costs

Estimated total monthly condo cost, including the association fee, taxes, insurance and mortgage assumptions you choose.

Estimated Monthly Condo Cost
$8,427/mo
Mortgage (principal & interest)
$6,447
Property taxes
$1,058
Insurance
Not supplied
Monthly condominium fee
$921/mo equivalent

insurance is not supplied for this condo, so it is not included above.

Based on 20% down · 30-year loan · 6.5% assumed rate (not a quote — enter your own below)

Living here

Parking, pets, utilities and amenities exactly as the listing record reports them.

Parking
Off Street, Garage, Covered, Community Structure
MLS reported
Pets
Pets permitted, per the MLS listing
MLS listing reported — confirm with the association
Association / project
2 48TH STREET
MLS reported
What the fee includes
Water included · MLS reported
MLS reported
Utilities
Public · Public Sewer
MLS reported

Amenities

  • Game Room
  • Security
  • Beach Access
  • Fitness Center
  • Playground
  • Elevator
  • Swimming pool — Community

MLS reported

The building

What you are buying into at the building level.

2 48TH STREET

HSM does not yet hold verified building intelligence for this address.

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The association

Project and association detail HSM can attribute to the listing record. Anything unverified is stated as such rather than assumed.

Condominium / project name
2 48TH STREET
MLS reported
Parking
Off Street, Garage, Covered, Community Structure
MLS reported
Recurring fee covers
Water included · MLS reported
MLS reported

Ownership considerations

What owning this condo involves — ongoing costs, association rules and building policies. Where HSM does not have verified information, that is stated rather than assumed.

Known

Monthly condominium fee
$921/mo
What the fee includes
Water
Parking
Off Street, Garage, Covered, Community Structure

Needs verification

Special assessments
Not supplied
Association reserves
Not supplied
Pet policy
Not supplied
Rental / leasing policy
Not supplied

The neighborhood

Ocean City, MD

Smart Condo Living

What living here is actually like

Transit

Rail, Metro and bus access.

Not yet independently sourced.
Dining

Restaurants and cafés nearby.

Not yet independently sourced.
Walkability

Everyday destinations on foot.

Not yet independently sourced.
Amenities

Building and community amenities.

Game Room, Security, Beach Access, Fitness Center · MLS reported
Convenience

Groceries, services and daily needs.

Not yet independently sourced.

Each factor is shown with its source. Unsourced factors are marked, never estimated.

Similar condos

3 comparable condos selected using property, cost, building and location factors.

Why this condo stands out

  • Lower condo fee than comparable condos

    $921/mo vs $1,277/mo average

Ask HSM about this condo

Ask questions about this condo using information HSM has for the property, building, neighborhood and authorized documents.

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Listing description

Experience the most breathtaking views of the ocean, bay, and city skyline from this spectacular 14th-floor condominium in The Gateway Grand, Ocean City’s premier luxury residence. From sunrise over the ocean to sunsets over the bay and the sparkling city lights at night, the views are endless and unforgettable. This 3-bedroom, 3-bath floor plan allows for the master bedroom to access the incredible vistas. This residence is offered fully furnished and equipped, and includes a strong rental history—making it ideal as a vacation home or investment property. The gourmet kitchen features granite countertops, upgraded cabinetry, beautiful tile flooring, and stainless steel appliances. Elegant finishes and an open floor plan create a seamless blend of comfort and sophistication. Residents of The Gateway Grand enjoy world-class amenities, including: Year-round heated indoor pool and a large heated outdoor pool, 24-hour fitness center, kids club room, Large Oceanfront sundeck , Two reserved parking spaces and a large deeded storage locker, Secure building access with a staffed front desk, evening security, and camera monitoring of all amenities and the parking garage. This luxurious condo perfectly combines coastal living with resort-style comfort—offering both tranquility and convenience in one of Ocean City’s most sought-after locations.

Attribution. Berkshire Hathaway HomeServices PenFed Realty · — · Updated 2026-09-30

Property information is deemed reliable but not guaranteed. Independently verify all details. Display does not create a brokerage relationship.

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