For more information on this property, contact Debora Hileman at 410-208-9200 or debbiehileman@aol.com

2 48Th Street 1707
Ocean City, Maryland MD 21842-6570
Sold For: $1,250,000
Listing ID MDWO2002904
Status CLOSED
Sold Date 2/06/2023
Bedrooms 3
Full Baths 3
Total Baths 3
Price/SqFt $909.03
SqFt 1,650
Subdivision NONE AVAILABLE
Year Built 2008

Property Description:

***PRICE REDUCTION! *** Magnificent Oceanfront Penthouse! Rare Opportunity in Ocean City’s Most Prestigious Residential Condo on the Beach! Quality craftsmanship and fine details flow throughout this magnificent oceanfront penthouse condo. Behold the dramatic 15’ vaulted living room ceiling and adjacent owner’s suite both with sweeping ocean views. Professionally decorated furnishings and tasteful decor create a luxurious atmosphere for the most discerning buyer. Features include tile flooring, upgraded bedroom carpeting, chair railing and creative millwork throughout, enhanced by contemporary lighting. Stunning panoramic water views are visible across the spacious primary suite with access to the oceanfront balcony. The beautifully appointed kitchen features upgraded maple cabinetry, granite counter tops, high-end Viking appliances, Sub-zero built-in refrigerator, tile backsplash, and large center island with built-in wine & beverage cooler. The sizable dining area is accented by a distinctive tray ceiling. Lavish primary suite bathroom provides a relaxing marble retreat with dual sinks, oversized whirlpool tub and spacious glass enclosed shower. Two walk-in closets feature custom built-in cabinetry. Two additional bedrooms, each with full baths, ensure space and privacy for guests. Quality window treatments throughout round out this amazing residence. Enjoy all the extraordinary amenities the Gateway Grand has to offer from the year-round heated indoor and outdoor pools, state-of-the-art fitness center as well as a private oceanfront sun terrace, private club lounges and a kids club room. Special building features include on-site property management, 24/7 security, welcoming concierge at the luxurious lobby a vending/snack center. The secure, gated indoor garage includes two electric vehicle chargers. This unit includes two convenient parking spaces with direct access to elevators and fully enclosed hallway corridors ensuring comfortable weather-free access to all building units. And if that’s not all, enjoy the convenience of a fully staffed on-site maintenance team that will keep your unit in working order plus the maintenance department can be hired for your personal projects, repairs, and upgrades. Don't miss this extremely rare opportunity on the prestigious Penthouse floor in Ocean City’s most luxurious waterfront condo building!

Primary Features

County: Worcester
Price/SqFt: 909.03
Property Sub Type: Unit/Flat/Apartment
Property Type: Residential
Subdivision: NONE AVAILABLE
Year Built: 2008
Zoning: R3

Interior

Above Grade Finished Area Units: Square Feet
Above Grade Finished SqFt Source: Assessor
Appliances: Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Freezer, Icemaker, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Basement: no
Bathrooms Count Main Level: 3
Bathrooms Full Main Level: 3
Bedrooms Count Main Level: 3
Below Grade Finished Area Units: Square Feet
Below Grade Finished SqFt Source: Assessor
Below Grade Unfinished Area Units: Square Feet
Below Grade Unfinished SqFt Source: Assessor
Central Air: yes
Cooling Type: Central A/C
Fireplace: no
Flooring Type: Carpet, Ceramic Tile, Marble
Heating: yes
Heating Type: Heat Pump - Electric BackUp
Laundry Type: Has Laundry, Main Floor
Levels Count: 1
Living Area SqFt Source: Assessor
Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Study, Great Room, Laundry
Total Below Grade SqFt Source: Assessor
Total SqFt: 1650
Total SqFt Source: Assessor
Unit Building Type: Hi-Rise 9+ Floors
Wall & Ceiling Types: Dry Wall, High, 9'+ Ceilings

External

Architectural Style: Unit/Flat, Coastal
Community Pool Features: Heated, In Ground, Indoor, Pool/Spa Combo
Construction Materials: Concrete
Cooling Fuel: Other
Door Features: Insulated, Sliding Glass
Exterior Features: Exterior Lighting, Secure Storage, Street Lights, Other, Sidewalks
Garage: yes
Garage Features: Covered Parking
Garage Spaces Count: 2
Heating Fuel: Other
Hot Water: Tankless
Lot Dimensions Source: Assessor
Lot Size Dimensions: 0.00 x 0.00
Main Entrance Orientation: East
Navigable Water: yes
New Construction: no
Other Structures: Above Grade, Below Grade
Outdoor Living Structures: Balcony
Parking Garage Number of Spaces: 2
Pool: Yes - Community
Road Responsibility: Public
Roof: Built-Up
Sewer Septic: Public Sewer
Tidal Water: yes
Total Garage and Parking Spaces: 2
Type of Parking: Parking Garage
Water Access: yes
Water Access Features: Boat - Powered, Canoe/Kayak, Public Beach, Swimming Allowed
Water Body Type: Ocean
Water Oriented: yes
Water Source: Public
Water View: yes
Window Features: Atrium, Insulated, Transom, Vinyl Clad

Location

Building Name: Gateway Grand
Condo/Co-op Association: yes
Country: US
Elementary School: OCEAN CITY
Elementary School Source: Listing Agent
High School: STEPHEN DECATUR
HOA: no
In City Limits: yes
Location Type: Oceanfront
Middle Or Junior School: STEPHEN DECATUR
Middle School Source: Listing Agent
MLS Area: Direct Oceanfront (80)
Municipality: Ocean City
School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Senior Community: no
View Type: Ocean, Water
Waterfront: yes
Waterfront Features: Sandy Beach

Additional

Accessibility Features: Elevator, 36"+ wide Halls
Days on Market: 405
Historic: no
HOA/Condo/Co-op Amenities: Beach Club, Exercise Room, Game Room, Pool - Indoor, Pool - Outdoor, Security
Land Use Code: 012
Property Condition: Excellent
Story List: Main
Year Assessed: 2022
Year Built Source: Assessor

Financial

Automatically Update Tax Values: yes
Buyer Financing: Cash
Capital Contribution Fee: 2223
Condo/Co-op Fee: 8058
Condo/Co-op Fee Frequency: Annually
Condo/Co-op Name: Legum and Norman
Exclusions: see inventory list, personal items
HOA/Condo/Co-op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Trash
Ownership Interest: Condominium
Possession: Immediate
Sale Type: Standard
Tax Annual Amount: 15466
Tax Assessed Value: 1097200
Tax Data Updated: no
Tax Lot: 1707
Tax Total Finished SqFt: 1650
Tax Year: 2022
Vacation Rental: no

Zoning Info


Listing courtesy of Coldwell Banker Realty (410) 524-1203

© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Coldwell Banker Realty. Data last updated on Tuesday, April 16th, 2024 05:14:03 AM.

Contact - Listing ID MDWO2002904

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Debora Hileman

11065 Cathell Road
Berlin, MD 21811
Phone: 410-208-9200
Phone Alt: 443-235-5982

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