2 48TH STREET 706 GATEWAY GRAND, OCEAN CITY, MD 21842

$2,000,000

After selling more than 350 residences in The Gateway Grand over the past two decades, one thing has become remarkably clear. When buyers ask us which location we'd choose if every residence in the building were available... This is the location....This is the floorplan.....And this is the height. ---- Gateway… Read More Grand #706 is an exceptionally rare 4-bedroom, 3-bath direct oceanfront corner residence that combines everything buyers consistently tell us they're looking for, yet rarely find together. Both direct-oceanfront and Southern end-unit exposure. A premium mid-floor location. Panoramic ocean, bay, skyline, and Assateague Island views. An expansive wraparound oceanfront balcony, plus a second private balcony from the primary suite. Four true bedrooms. End-unit windows and sliding glass that flood the residence with natural light. In a building of nearly 200 luxury residences, this one stands out from the rest, for all those reasons. And here's why: Most oceanfront condos make you compromise. They're Too high. Too low. Not enough windows. Smaller balconies. Limited bay views. Fewer bedrooms. This one gives you a chance to not have to compromise anything. Step inside and you'll immediately appreciate how exceptionally well cared for this home has been. Lovingly enjoyed as a private second home and never rented, it's being offered beautifully designer furnished, completely move-in ready, and prepared for its next owners to begin making memories from day one. Then there's The Gateway Grand Building, Amenities & Association! Simply put, it represents the benchmark by which many luxury condominiums in Ocean City continue to be measured. Owners enjoy indoor and outdoor heated pools, a state-of-the-art fitness center, owner's lounge, children's activity room, gated parking, secure lobby, private beach lockers, multiple beach access points, and outstanding professional management. The building's reputation for financial stability, exceptional leadership, and long-term ownership confidence continues to make it one of the most respected addresses on the East Coast. One feature many buyers don't fully appreciate until they own here is Gateway Grand's innovative two-pipe water-source HVAC system. It's remarkably efficient, eliminates the need for individual water heaters inside each residence, and provides an endless supply of hot and cold water through the building's central systems, reducing maintenance while improving everyday ownership. And the location continues the story. Situated in one of Ocean City's most desirable stretches of coastline, you're just minutes from outstanding restaurants, coffee shops, shopping, Northside Park, the Delaware beaches, Route 54, and everything that makes this part of Ocean City so desirable, while still enjoying a quieter atmosphere than many of the resort's busier sections. The deeded storage locker (#77) and three parking passes only add to the convenience. Some buyers search for an oceanfront condo. The fortunate few find the one they've been hoping would come on the market. Gateway Grand #706 is exactly that. The ONLY question, is will you react quickly enough? Read Less

Courtesy of Grant K Fritschle, Keller Williams Realty Delmarva 410-524-6400

Listing Snapshot

Days Online

Last Updated

Jul 5, 2026

Property Type

Condominium

Beds

Full Baths

Square Ft.

2,061

Year Built

2008

MLS Number

MDWO2039504

Additional Details

Appliances & Equipment

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

Building

Built in 2008, Living area: 2061, Levels: 1, Entry level: 7, Construction Materials: Concrete, Metal Siding

Cooling

Central A/C

Doors

Insulated, Sliding Glass

Accessibility Features

None

Exterior Features

Patio/Porch Features: Balcony, Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler

Floors

Carpet, Tile/Brick

Garage

2 spaces

Heating

Heat Pump(s)

Home Owner's Association

Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water, Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool

Interior Features

Crown Moldings, Entry Level Bedroom, Sprinkler System, Walk-in Closet(s), WhirlPool/HotTub, Window Treatments, Bathroom - Soaking Tub, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Dining Area, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front

Lot

Dimensions: 0.00 x 0.00

Parking

Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Secure Parking, Unassigned

Pets Policy

Allowed: Cats OK, Dogs OK, Number Limit

Property

Other structures: Above Grade, Below Grade

Roof

Flat

Sewer

Public Sewer

Taxes

Annual Amount: $18,817, Lot: 706, Year: 2025, Zoning: RESIDENTIAL CONDOMINIUM, Zoning description: RESIDENTIAL CONDOMINIUM

Utilities

Water Source: Public

Windows

Insulated, Screens

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2 48TH STREET 706 GATEWAY GRAND

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