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Image 1 - The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA - Condo for sale

Image 2 - The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA - Condo for sale

Image 3 - The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA - Condo for sale

Image 4 - The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA - Condo for sale

Image 5 - The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA - Condo for sale

Image 6 - The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA - Condo for sale

Image 7 - The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA - Condo for sale

Image 8 - The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA - Condo for sale

Condo For Sale In Ocean City, Maryland

The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA

Condo For Sale In Ocean City, Maryland

condo for sale

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Listed: 11/04/23

The Gateway Grand Residences, 49th Street, Ocean City, MD 21842, USA

3 Bed:

3 Bath:

1,790 Sq Ft Living Area:

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Price

$ 1,12M

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About This Condo

Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has … Full description

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Condos for sale in Ocean City

Original listing

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Ocean City Housing & Living

Average sale prices for condos

2 bed

Show as List Show as Graph

Month	Median Price
May 2024	$446,121 (+6.7%)
Apr 2024	$418,269 (0%)
Mar 2024	$418,269 (0%)
Feb 2024	$418,269 (0%)
Jan 2024	$418,269 (+6.6%)
Dec 2023	$392,414 (-10.8%)

In May 2024, the asking price for 2 bed condos for sale in/near Ocean City, United States averaged $446,121, an increase of 6.7% from the previous month.

Median price trends for properties for sale in Ocean City, United States as of May 2024.

Household Income

Median household income: $54,659

Number of households: 3,412

The average household income in Ocean City, MD grew from $53,288 to $54,659 in the past year. This data is an estimate based upon 3,412 households in Ocean City, MD.
The chart below presents how household income is distributed in Ocean City, MD in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ocean City, MD compared to median property taxes around the country. The prevalent amount of property taxes in Ocean City, MD equals $3k+ , which is more than the national average.