SoldMar 26, 2026

Listed by Jonathan Barker and Grant Fritschle from Keller Williams Realty Delmarva

Bought with Melanie Shoff from Coastal Life Realty Group

Source: Bright MLS #MDWO2036498

401/2 48th St, Ocean City, MD, 21842

$1,125,000

4
3
3
2385 sq. ft.

Condo

11 days on the market

Sold: Mar 26, 2026

What's around 401/2 48th St

About this property

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. From the fourth floor you have views of the Atlantic Ocean from the Southern balcony that extends beyond the other residence balconies in front of it. 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 #169 conveys with residence. 2026 rentals must be honored. See attached rental schedule for reference in documents section. Grossed $58,149 in rental income in 2025 and already has $50,610 booked for 2026.

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