200 59th St Unit 420, Ocean City, MD 21842
- $195,000
- 1
- BD
- 1
- BA
- 954
- SqFt
- Sold Price
- $195,000
- List Price
- $215,000
- Closing Date
- Jun 01, 2026
- Days on Market
- 63
- Status
- CLOSED
- MLS#
- MDWO2037004
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 954
- Style
- Coastal
- Year Built
- 1989
- County
- Worcester
- School District
- Worcester County Public Schools
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.
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Additional Information
- Area
- Bayside Waterfront (84)
- Subdivision
- None Available
- Building Name
- Coconut Malorie Reso
- HOA Fee
- $3,618
- Interior Features
- Breakfast Area, Ceiling Fans, Dining Combo, Dining Combo, Elevator, Eat-in Kitchen, Soaking Tub
- School District
- Worcester County Public Schools
- Heating
- Heat Pump
- Cooling
- Central Air, Ceiling Fan(s)
- Utilities
- Cable Available, Electric Available, Water Available
- Water
- Public
- Sewer
- Public Sewer
- Furnished
- Yes
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Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP. Contact:
Selling Office: Unrepresented.