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2 48th Street #1002 Gateway Grand photo 1
for sale
1 / 1

$1,339,000

3beds
|
3baths
|
1,790sqft
|
2008built
2 48th Street #1002 Gateway Grand,Ocean City, MD 21842

Est.$8,804/moCustomize payment

What's special

$748/sqft

Price per square foot

Built in 2008

18 years old

2 parking spaces

Garage

Overview

Most buyers think “oceanfront” is always the best, and while that’s OFTEN true, it’s NOT ALWAYS true. Let’s look at a perfect example of why. Unit 1002 at The Gateway Grand, widely considered the most well-built luxury oceanfront high-rise in Ocean City, MD, might not check the traditional oceanfront box, but what it offers in views, and how you experience those views, tends to change people’s minds quickly. Sitting on the south side at the 10th floor, high above anything around it, the perspective opens up in a way most don’t expect. The view isn’t limited to just the ocean. It stretches for ...

Listing updated: May 25, 2026 at 1:23 PM

Listed by:

Grant K Fritschle 4104305880, Keller Williams Realty Delmarva, Co-Listing Agent: Jonathan M Barker 4109353810, Keller Williams Realty Delmarva

Source: Bright MLS · MLS #MDWO2037756Bright MLS

Property details

Cost estimate

Est. monthly payment

$9,577/mo
Principal & interest
$7,019
Property tax
$1,129
Home insurance (est.)
$446
HOA fee
$982

Down payment

$267,80020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($267,800), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
Apr 20, 2026Listed for sale$1,339,000

Location

2 48th Street #1002 Gateway Grand, Ocean City, MD 21842

Recently sold nearby

Similar homes sold within 0.5 miles in the last 90 days.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Nearby homes

$1,339,000

3 beds · 3 baths · 1,790 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 7/3/2026.