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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

Listed: 05/07/24

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

$ 1,27M

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About This Condo

Oceanfront sophistication at the Gateway Grand. This recently updated direct oceanfront condo offers three bedrooms, three full-bathrooms and a large, open living area. The living area features the oceanfront living room, a dining area, office space, utility room and a chefs kitchen with designer cabinets, granite countertops, higher-end appliances and a large center island. Luxury vinyl plank flooring has been installed throughout the entire living area and in all of the bedrooms. The large, private balcony off of the living area and master bedroom is a great place to relax, unwind and enjoy the beautiful oceanfront views. The oceanfront master bedroom features beautiful ocean and beach views from the large window and sliding glass door as well as an ensuite … Full description

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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.