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Listed by Jessica Zeigler • Berkshire Hathaway HomeServices PenFed Realty - OP

$164,900

Est. payment - /mo

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1 Bed

1 Bath

486 SqFt

Pending

200 59TH ST #202 Ocean City, MD 21842

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Lee Wilson

lee@wilsongateproperties.com +1(240) 206-1283

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Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Pending

Purchase Type For Sale

Square Footage 486 sqft

Price per Sqft $339

Subdivision None Available

MLS Listing ID MDWO2035582

Style Unit/Flat

Bedrooms 1

Full Baths 1

Condo Fees $3,023/qua

HOA Y/N N

Abv Grd Liv Area 486

Year Built 1989

Available Date 2026-02-13

Annual Tax Amount $1,841

Tax Year 2025

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

Turnkey and beautifully renovated, Coconut Malorie Unit 202 offers breathtaking bay views and spectacular sunsets in a sought-after midtown Ocean City location. Just a short stroll to the beach and only steps from Fager's Island, dining, nightlife, and local favorites, this condo is perfectly positioned for enjoying everything the beach has to offer. Ideal as a personal retreat, second home, or investment opportunity, this property also benefits from on-site management for added ease. The unit has generated over $35,000 annually in rental income, and owner financing is available.

Location

State MD

County Worcester

Area Bayside Waterfront (84)

Zoning B-1

Rooms

Main Level Bedrooms 1

Interior

Interior Features Bathroom - Walk-In Shower

Hot Water Electric

Heating Central, Forced Air

Cooling Central A/C, Ceiling Fan(s)

Flooring Ceramic Tile, Laminate Plank

Inclusions Fully Furnished

Equipment Built-In Microwave, Cooktop, Refrigerator

Furnishings Yes

Fireplace N

Appliance Built-In Microwave, Cooktop, Refrigerator

Heat Source Electric

Laundry Common

Exterior

Garage Spaces 1.0

Utilities Available Cable TV, Electric Available, Sewer Available, Water Available

Amenities Available Cable, Elevator, Exercise Room, Meeting Room, Party Room, Pool - Outdoor, Security

Water Access N

View Bay

Accessibility Elevator

Total Parking Spaces 1

Garage N

Building

Story 1

Unit Features Mid-Rise 5 - 8 Floors

Above Ground Finished SqFt 486

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Pets Allowed N

HOA Fee Include Air Conditioning,Cable TV,Common Area Maintenance,Electricity,Heat,High Speed Internet,Insurance,Management,Pool(s),Reserve Funds,Sewer,Snow Removal,Trash,Water

Senior Community No

Tax ID 2410369169

Ownership Condominium

SqFt Source 486

Security Features 24 hour security,Desk in Lobby,Fire Detection System

Acceptable Financing Cash, Conventional, Seller Financing

Listing Terms Cash, Conventional, Seller Financing

Financing Cash,Conventional,Seller Financing

Special Listing Condition Standard