Patterson-Schwartz Real Estate2 48Th Street #201, Ocean City, MD 21842-6495 $1,250,000
Interior Sq. Ft: 2,385
Acreage:
Age:17 years
Style:
Unit/Flat
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
This 2385 square foot 4 Bedroom 3 Bathroom Residence at the Gateway Grand is a must see! One of the most impressive parts of this condominium is the oversized living room, which is one of the largest in the building. The residence features two balconies, one of which is accessible from each bedroom and the very large living room. You will appreciate the southern exposure location which provides an abundance of natural light and warmth. Many upgrades were completed in 2021 and they are still shining 4 years later. The interior of the condominium was completely repainted to include the kitchen cabinets and island. New designer appliances were also installed along with a custom tile backsplash at this time. All TVs were upgraded along with the wall art and living room sectional sofa as well. The area rugs were updated and the dining room chairs were reupholstered. In the bedrooms all linens and comforters were replaced. The Gateway Grand is one of Ocean City's newest and most spectacular luxury condominium building featuring an abundance of amenities including a heated indoor and outdoor pool, state of the art fitness center, private owners lounges, on-site property management, on-site maintenance team, gated parking garage, kids club, and so much more. Ground floor deeded storage locker #39 conveys with residence. The property is currently owner occupied, but is easy to show with notice.
Home Assoc: No
Condo Assoc: $1,292/Annually
Basement: N
Pool: Yes - Community
Features
Water
Water Oriented: Yes; Water Front: No; Water Access: Yes; Water Body Name: Atlantic; Water Body Type: Ocean; Types of Use: Public Beach; Navigable: No;
Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Private Sewer, Public Septic, Circuit Breakers, Dryer In Unit, Washer In Unit, Cable TV Available, Electric Available
Garage/Parking
Attached Garage, Parking Lot, Covered Parking, Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Attached Garage Spaces #: 3;
Interior
Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Carpet Flooring, Ceramic Tile Flooring, Dry Wall, Insulated Windows, Window Screens, Insulated Doors, Sliding Glass Doors, Sprinkler System - Indoor
Exterior
Pillar/Post/Pier Foundation, Flat Roof, Concrete Exterior, Metal Siding, Balcony, Wrap Around Porch/Deck, Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler, Heated Pool, Indoor Pool, In Ground Pool
Lot
Premium Lot, Oceanblock, City View, Ocean View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Ocean City Elementary | Worcester County Public Schools | Preschool–4 | Ocean City | 2.82 mi |
Private (1 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| Seaside Christian Academy | Christian (no specific denomination) | Preschool–12 | Ocean City | 3.14 mi |
© 2025 LiveBy. All Rights Reserved.
This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-542-3947
Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/06/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
