Makai Condominiums 4201 Coastal Hwy Unit 116 Ocean City, MD 21842
2
Beds
2
Baths
825
Sq Ft
$452/mo
HOA Fee
Highlights
- Fitness Center
- Bay View
- Bayside
- Ocean City Elementary School Rated A
- Open Floorplan
- Coastal Architecture
About This Home
As of August 2025Welcome to your perfect beachside getaway or investment opportunity! This fully furnished 2-bedroom, 2-bathroom condo is ideally located in the heart of Ocean City, just steps from the boardwalk and directly across the street from the beach. Enjoy the best of coastal living with a private balcony offering stunning bay views—perfect for morning coffee or sunset cocktails. The building features resort-style amenities, including an indoor pool and a relaxing sauna, ideal for unwinding after a day in the sun. Inside, the condo is turnkey and tastefully furnished. With popular restaurants, shops, and nightlife just around the corner, you’ll have everything you need within easy reach. Don’t miss your chance to own a slice of Ocean City paradise!
Last Agent to Sell the Property
Coastal Life Realty Group LLC License #633148 Listed on: 05/02/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,875
Year Built
- Built in 2007
HOA Fees
- $452 Monthly HOA Fees
Home Design
- Coastal Architecture
- Stucco
Interior Spaces
- 825 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Ceiling Fan
- Recessed Lighting
Kitchen
- Stove
- Built-In Microwave
- Dishwasher
Flooring
- Partially Carpeted
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- Paved Parking
- Parking Lot
Schools
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Public Septic
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Balcony
- Bayside
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 116
- Assessor Parcel Number 2410759145
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, snow removal
- $50 Other Monthly Fees
- Mid-Rise Condominium
- Makai Community
- Property Manager
Amenities
Recreation
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2021
Closed on
Apr 21, 2021
Sold by
Fenn John W and Thomas Laura A
Bought by
Mccracken Brian M and Mccracken Lisa L
Seller's Agent
Michael Maykrantz
Seaside Resort Group, LLC
Buyer's Agent
Jessica Osborn
Coastal Life Realty Group LLC
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$256,000
Outstanding Balance
$232,315
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$164,652
Similar Homes in Ocean City, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $320,000 | Ocean Investments Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $256,000 | New Conventional | |
| Previous Owner | $169,100 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $382,000 | -4.5% | $463 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $400,000 | -3.6% | $485 / Sq Ft |
| 07/16/2025 07/16/25 | Price Changed | $415,000 | +3.8% | $503 / Sq Ft |
| 07/16/2025 07/16/25 | Price Changed | $400,000 | -3.6% | $485 / Sq Ft |
| 05/02/2025 05/02/25 | For Sale | $415,000 | +29.7% | $503 / Sq Ft |
| 04/21/2021 04/21/21 | Sold | $320,000 | +1.6% | $388 / Sq Ft |
| 03/06/2021 03/06/21 | Pending | -- | -- | -- |
| 03/05/2021 03/05/21 | For Sale | $315,000 | -- | $382 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,864 | $293,100 | $0 | $0 |
| 2024 | $3,864 | $276,900 | $0 | $0 |
| 2023 | $3,664 | $260,700 | $130,300 | $130,400 |
| 2022 | $3,664 | $260,700 | $130,300 | $130,400 |
| 2021 | $3,684 | $260,700 | $130,300 | $130,400 |
| 2020 | $3,683 | $260,700 | $130,300 | $130,400 |
| 2019 | $3,630 | $255,200 | $0 | $0 |
| 2018 | $3,517 | $249,700 | $0 | $0 |
| 2017 | $3,338 | $244,200 | $0 | $0 |
| 2016 | $3,970 | $235,100 | $0 | $0 |
| 2015 | $3,970 | $226,000 | $0 | $0 |
| 2014 | $3,970 | $216,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Wilson
Seller's Agent in 2025
Joseph Wilson
Coastal Life Realty Group LLC
(443) 235-8382
179 in this area
270 Total Sales
-
Eileen Bumba
Buyer's Agent in 2025
Eileen Bumba
Long & Foster
(410) 790-1757
16 in this area
78 Total Sales
-
Michael Maykrantz
Seller's Agent in 2021
Michael Maykrantz
Seaside Resort Group, LLC
(443) 497-0107
50 in this area
92 Total Sales
-
J
Buyer's Agent in 2021
Jessica Osborn
Coastal Life Realty Group LLC
About Makai Condominiums
Map
Source: Bright MLS
MLS Number: MDWO2030290
APN: 10-759145
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