200 59th St #420, Ocean City, MD 21842

Ocean City
Local realty services provided by:ERA Martin Associates
200 59th St #420,Ocean City, MD 21842
$195,000
  • 1 Beds
  • 1 Baths
  • - sq. ft.
  • Condominium
  • Sold
Listed by: wendy wisch
Office: berkshire hathaway homeservices penfed realty - op
MLS#:MDWO2037004
Source:BRIGHTMLS

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Price summary

  • Price:$195,000
  • Monthly HOA dues:$1,206

About this home

Prime investment opportunity at the Coconut Malorie Resort in mid-town Ocean City, MD, located next to the iconic Fager’s Island restaurant. This largest 1 BR/1 Bath floor plan in the building, offers extra living space that guests love, making it an ideal short-term rental or vacation get-way with income potential. Guests enjoy resort style amenities including a bayfront outdoor pool, sundeck and walkable access to restaurants, nightlife and the beach. Strong rental appeal thanks to its sough-after location, spacious layout and proximity to Ocean City’s most popular bayside dining and sunset views. Turn-key opportunity to own in one of mid-town’s most recognizable condo resorts. The Coconut Malorie amenities include an outside pool, hot tub, game room, billiard room, fitness center with views of the ocean & bay, 2 elevators, parking lot, huge lobby for relaxing, on-site security, and front desk agent. The quarterly HOA fee includes all utilities-water, sewer, heat & AC,...

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Home facts

  • Year built:1989
  • Listing ID #:MDWO2037004
  • Added:90 day(s) ago
  • Updated:June 13, 2026 at 10:20 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Combination Dining/Living, Combination Kitchen/Dining
  • Kitchen Description:Breakfast Area, Dishwasher, Kitchen - Eat-In, Microwave, Oven/Range - Electric

Heating and cooling

  • Cooling:Ceiling Fan(s), Central A/C
  • Heating:Electric, Heat Pump(s)

Structure and exterior

  • Year built:1989
  • Architectural Style:Coastal
  • Construction Materials:Stick Built
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$195,000
  • Tax amount:$2,225 (2024)

Features and amenities

  • Amenities:Cable TV, Ceiling Fan(s), Electric Available, Elevator

Parking

  • Parking description:Parking Lot

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