Makai Condos Still Available

Posted on February 17, 2010

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Condos remain available at The Makai, three months after the auction.

Condos remain available at The Makai, three months after the auction.

The Makai condo auction in Ocean City generated a modicum of interest this past November.  Some condos were sold, and some remain available.

Three months after the Makai auction, a sign in front of the property advertises condos starting at $135,000. The Makai is on Coastal Highway in Ocean City, just north of the Convention Center.

Be advised, units for sale at $135,000 are small “studio” apartments. I’ve been in them. Some hotel rooms are larger.

The Makai studios have a nicely appointed galley kitchen, and a breakfast bar that seats two. That’s good, because you probably wouldn’t have space for a dining table. The apartment has room for a queen-sized bed OR a nice sleep-sofa, but probably not both. You can hang your flat-screen TV on the wall. These studio units could revive the popularity of the Murphy bed.

The Makai also has moderately sized two-bedroom units, and some nice delux two-bedroom units. Rest assured, the two-bedroom units are not available for $135,000.

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