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Key Details
Sold Price $1,060,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,790 sqft
Price per Sqft $592
Subdivision None Available
MLS Listing ID MDWO2020868
Sold Date 11/15/24
Style Unit/Flat
Bedrooms 3
Full Baths 3
Condo Fees $922/mo
HOA Y/N N
Abv Grd Liv Area 1,790
Originating Board BRIGHT
Year Built 2008
Annual Tax Amount $10,777
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Description
Net Rental Income in 2024 was $50,527.36! The Gateway Grand #703 - A Luxurious Oceanfront Residence
Nestled high above the surrounding properties, on the 7th floor of The Gateway Grand, #703 is a meticulously maintained 3-bedroom residence that epitomizes luxury living in Ocean City. This exquisite property boasts a spacious and open floorplan, providing an inviting ambiance and an abundance of natural light.
One of its most striking features is the breathtaking southern-exposure panoramic views that grace this home. From its private balcony, residents and guests can revel in stunning vistas of the city skyline, the serene ocean, and the tranquil bay, making every moment a visual delight. Sunrise to Sunset this residence provides some of the most captivating views in the city.
This residence has been lovingly cared for, with attention to detail evident in every corner. The living spaces are thoughtfully designed, offering both comfort and elegance. Whether you're enjoying a meal in the gourmet kitchen, lounging in the living room, or retiring to one of the three cozy bedrooms, you'll be enveloped in luxury.
The Gateway Grand itself is Ocean City's pinnacle of oceanfront living. With its impeccable amenities and prime location, it offers residents a lifestyle of convenience and sophistication. From the elegant lobby to the direct beach access, the heated indoor pool, or the state-of-art fitness center, every aspect of this building is designed to cater to the desires of discerning homeowners.
In summary, The Gateway Grand #703 is not just a residence; it's a sanctuary where you can indulge in the finest coastal living. Whether you're captivated by the ocean's waves, the city's charm, or the bay's tranquility, this property presents a unique opportunity to savor it all in one stunning package. Deeded mezzanine storage locker 143 conveys with residence. Buyer to honor any booked rentals for 2024.
Location
State MD
County Worcester
Area Oceanfront Indirect View (81)
Zoning RESIDENTIAL
Direction West
Rooms
Main Level Bedrooms 3
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Carpet, Ceramic Tile
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer
Furnishings Yes
Fireplace N
Window Features Insulated,Screens
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer
Heat Source Electric
Laundry Dryer In Unit, Washer In Unit
Exterior
Exterior Feature Balcony
Garage Covered Parking
Garage Spaces 2.0
Utilities Available Cable TV Available, Electric Available
Amenities Available Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Waterfront Y
Waterfront Description Sandy Beach
Water Access N
View Bay, City, Ocean
Roof Type Flat
Accessibility None
Porch Balcony
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Lot Description Premium
Story 1
Unit Features Hi-Rise 9+ Floors
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Worcester County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Health Club,Insurance,Management,Pool(s),Reserve Funds,Water
Senior Community No
Tax ID 2410764084
Ownership Condominium
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Description Cats OK, Dogs OK, Number Limit
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Bought with Nicholas Bobenko • Coastal Life Realty Group LLC
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