Property Back to Results Property

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

$195,000
: 1
BD
: 1
BA
: 954
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

Sold Price: $195,000
List Price: $215,000
Status: CLOSED
Days on Market: 63
Closing Date: Jun 01, 2026
MLS#: MDWO2037004
Subtype: Residential
Style: Coastal
Year Built: 1989
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Living Area: 954
Subdivision: None Available
Building Name: Coconut Malorie Reso
MLS Area Major: Bayside Waterfront (84)

Refine Search

Property Description

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, insurance, cable TV & trash. This mid-town Ocean City, Maryland location is convenient to Rt. 90, the Roland E. Powell Convention Center and many of the city’s local attractions. This unit is currently included in the Coconut Malorie’s rental program.

Search All Properties

Additional Information

Interior Features: Breakfast Area, Ceiling Fans, Dining Combo, Dining Combo, Elevator, Eat-in Kitchen, Soaking Tub
Taxes: $2,225
HOA Fee: $3,618
Pets Allowed: Number Limit
Building Name: Coconut Malorie Reso
Property Description: Coastal
Zoning: B-1
Appliances: Dishwasher, Microwave, Electric Range
Heating: Heat Pump
Air Conditioning: Central Air, Ceiling Fan(s)
Levels: One
School District: Worcester County Public Schools