4201 COASTAL HWY #112

Ocean City, MD 21842

Great opportunity to own a two bedroom condominium on the raised first level in the Makai Condominium just 15 blocks from the boardwalk, numerous restaurants and shops. This is a fun getaway any time of the year. Building has an indoor/outdoor heated pool, billiard room, fitness room, on premise management and more. Currently in a mini-week program. GRI for 2022 was $21,501. Buyer to honor 2023 rentals. This unit is on the north end of the building, faces east and has a side window which provides more natural light in addition to the sliding glass door to the outdoor balcony. When you enter, the guest bedroom is to your right with a full bathroom with tub/shower nearby. The guest bedroom is set up to sleep 3 or 4 with a pull-out bed for the youngsters. Stainless steel appliances along with a Refrigerator with ice maker, microwave, range, dishwasher and granite counter tops in the kitchen. Ceramic floors in main area and bathrooms and carpet in both bedrooms. The main bedroom has a walk-in closet and in suite bath with a large shower and a stack washer dryer. There is plenty of cabinetry for storage of linens and cleaning supplies, plus a smaller closet at the main entry door of the unit which can be used as an owners closet for personal items. There is an owners storage space on this level also. Sellers are providing a one year American Home Warranty to the buyers at closing. City, county and state Real Estate taxes are $3,523. The condominium fees are paid quarterly of $1,157.18 totaling $5,268.72 a year. Direct TV is $150.63 quarterly totaling $602.52 a year. The internet connection is $300 a year. The wastewater quarterly cost is $111.54 totaling $446.14 a year. There is a one time Capital Contribution fee of $75.00.