Capri Condos

Verified Building Facts

• Building Name: Capri
• Address: 11000 Coastal Highway, Ocean City, MD 21842
• Location Type: Oceanfront
• Location Type: North Ocean City
• Year Built: 1974
• Building Type: High-rise
• Number of Units: 222
• Elevator Access: Yes
• Short Term Rentals: Yes

These facts are provided for informational purposes and should be independently verified during the purchase process.

Back to section links ↑

About Capri

Capri is a high-rise condominium building constructed in 1974, consisting of 20 stories and 222 residential units. The building offers a moderate variety of floor plans, including two-, three-, and five-bedroom configurations, and provides elevator access to all levels. Capri is professionally managed on site, allowing for organized operations and coordinated maintenance of the property. Its comprehensive amenities include an indoor pool, fitness center, basketball and tennis courts, sauna, and a game room, supporting a range of resident activities within the building.

Located at 11000 Coastal Highway in North Ocean City, Maryland, Capri is situated directly on the oceanfront and lies approximately 0.3 miles from nearby Gold Coast Mall. The building permits short-term rentals, making it suitable for second-home buyers and vacation-rental investors, as well as those seeking amenity-rich condominium living with direct ocean views. Capri is positioned within the Hi Rise Row area of North Ocean City, providing both location context and access to nearby restaurants and attractions while maintaining a clear focus as a residential condominium property.

Amenities at Capri

Capri offers one of the more comprehensive amenity packages among similar buildings in North Ocean City, supporting a range of resident activities and lifestyle needs.

Amenities include:

• Indoor pool
• Fitness center
• Basketball courts
• Tennis courts
• Sauna
• Game room

Back to section links ↑

Floor Plans and Unit Types

Capri offers a balanced mix of floor plans suited to a range of buyer preferences.

Common unit types include:

• 2-Bedroom
• 3-Bedroom
• 5-Bedroom

Interior layouts, square footage, and finishes vary by unit, floor level, and ownership.

Back to section links ↑

Grant’s Local Insight on Capri

Capri, like the nearby Quay Condominium, is another example of a “sideways” high-rise, but with a bit more going on. The building was designed to load most units along the sides, which allows many residences to capture strong ocean views without being directly oceanfront.

Compared to the Quay, Capri offers more amenities and is a slightly larger building, while still maintaining that same side-loaded concept. It sits just north of Golden Sands, which puts it in a very desirable stretch of beach.

Right now (early 2026), The Capri is in the midst of some necessary capital improvements. That’s not unusual for a building of its age, but it’s important that buyers understand what work is being done, what’s needed in the near future, and how it’s being funded before moving forward. When those improvements are properly accounted for, Capri has the potential to reestablish itself as a very attractive option.

Fun fact: The one thing I’ve never understood about the design of this building is the location of one of the emergency exit stairwells. It sits dead center on the oceanfront, in-between the two oceanfront residences on each floor. That’s prime oceanfront real estate! Yes, hindsight is 20/20, but couldn’t they have put that stairwell someplace else?

For buyers who love the idea of oceanfront living but don’t want to pay full oceanfront pricing, Capri can be an excellent choice.

Back to section links ↑

Who Capri Is Best Suited For

Capri is typically best suited for:

• Second-home buyers
• Vacation-rental investors
• Families seeking space and amenities
• Buyers prioritizing oceanfront or water views
• Buyers who prefer full-service or amenity-rich buildings
• Buyers seeking entry-level oceanfront ownership

Back to section links ↑

Common Buyer Mistakes at Capri

Some of the most common mistakes buyers make when evaluating Capri include:

• Not accounting for seasonal rental variability
• Overlooking special assessments or reserve funding
• Assuming it functions like a full-service resort
• Not considering building size and density
• Underestimating traffic or seasonal congestion

Back to section links ↑

Rental and Investment Potential

Capri permits short-term rentals, making it suitable for owners who wish to utilize their units for vacation rental purposes. The building’s strong rental potential is supported by its oceanfront location and recognition within North Ocean City, attracting seasonal visitors and second-home occupants.

Rental viability is further supported by Capri’s comprehensive amenities and well-known building name, which contribute to consistent demand. Prospective owners should consider building-specific factors and perform due diligence when planning rental use, including reviewing policies and seasonal variability noted in the area.

Back to section links ↑

HOA Fees and Ownership Details

Homeowner association fees at Capri vary based on unit size and location. HOA fees generally contribute to building maintenance, amenity upkeep, insurance, management, and common area utilities.

Parking policies, pet rules, and rental guidelines should be reviewed during the contract process, as association policies may evolve over time.

Back to section links ↑

Capri Real Estate Market Trends

Market activity at the Capri is generally moderate, supported by consistent demand for a high-rise, direct oceanfront building in North Ocean City. With high name recognition and a comprehensive amenity offering—such as an indoor pool, fitness center, basketball and tennis courts, sauna, and game room—the building tends to attract second-home buyers and vacation-rental investors, along with families who prioritize water views and an amenity-rich environment. Its scale and on-site professional management also influence the types of buyers who consider it, particularly those comfortable with larger buildings and shared facilities.

Within the Capri, pricing differences are commonly driven by unit-specific factors such as the quality and orientation of ocean views, floor level, bedroom count, and interior condition. With moderate variety across 2-bedroom, 3-bedroom, and 5-bedroom configurations, buyers typically evaluate units by how the layout supports their intended use and how updates, maintenance, and overall presentation compare from one unit to another. Practical considerations—such as assigned parking for most units and the expectations that come with a high-rise building—are often weighed alongside the observable differences between individual residences.

Back to section links ↑

Capri vs Nearby Condos

Capri gets cross-shopped with Braemar, 9400, and Quay constantly. Braemar has more of that established, amenity-driven North OC presence. 9400 is simpler and typically more price sensitive. All of these buildings share that “sideways” orientation DNA. Capri lands somewhere in the middle. It has amenities, but it’s not overbuilt. It offers strong views without full oceanfront pricing across the board. It’s one of those buildings where understanding current capital improvements matters more than the brochure ever will. When the dust settles, Capri often appeals to buyers who want balance.

Back to section links ↑

Buying or Selling a Capri Property

Last reviewed by Grant Fritschle

Grant Fritschle is a second-generation Ocean City, Maryland real estate professional with nearly three decades of experience specializing in oceanfront, waterfront, and investment properties throughout Ocean City, MD and Fenwick Island, DE. He is known for his deep local knowledge, data informed guidance, and long term client relationships built on transparency and trust.

Last reviewed: February 2026

Back to section links ↑

Recent Blogs