200 59th St Unit 302 Ocean City, MD 21842
Estimated payment $2,267/month
Highlights
- Concierge
- 50 Feet of Waterfront
- Fitness Center
- Ocean City Elementary School Rated A
- Access to Tidal Water
- 24-Hour Security
About This Home
Discover Coconut Malorie #302, where stunning bayfront views meet unbeatable value! This 1-bedroom, 1-bath condo-hotel unit is perfectly located in Midtown Ocean City, offering the ideal blend of comfort, convenience, and resort-style amenities.
Enjoy sweeping views of the bay right from your unit, along with access to fantastic on-site features including a 24/7 front desk, outdoor pool, game room, gym, and library. With condo fees that cover electricity, cable, internet, water, and sewer, this property is truly maintenance-free, perfect for a relaxing getaway or a worry-free investment.
The building has recently undergone extensive updates, including pressure washing, new paint, roof and parking lot repairs, a new chiller, HVAC improvements, and structural upgrades, ensuring lasting quality and peace of mind.
With a strong rental history and prime location close to Ocean City’s best dining, shopping, and entertainment, Coconut Malorie #302 offers everything you need for a perfect beach escape or a smart income-generating property. Don’t miss your chance to own this slice of paradise and enjoy breathtaking sunsets over the bay!
Schedule a showing today!
Listing Agent
(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256 Listed on: 10/30/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,841
Year Built
- Built in 1989
Lot Details
- 50 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Two or More Common Walls
- Property is in very good condition
HOA Fees
- $1,008 Monthly HOA Fees
Home Design
- Coastal Architecture
- Entry on the 3rd floor
- Permanent Foundation
Interior Spaces
- 486 Sq Ft Home
- Furnished
- Sliding Doors
- Combination Dining and Living Room
- Bay Views
Kitchen
- Cooktop
- Built-In Microwave
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
Outdoor Features
- Access to Tidal Water
- Water Oriented
- Property near a bay
Schools
- Berlin Intermediate School
- Stephen Decatur High School
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 302
- Assessor Parcel Number 2410369363
Community Details
Overview
- Association fees include cable TV, common area maintenance, electricity, heat, high speed internet, insurance, parking fee, management, pool(s), recreation facility, snow removal, trash, water, sewer
- Mid-Rise Condominium
- Coconut Malorie Condos
- Coconut Malorie Reso Community
- Property Manager
- Property has 5 Levels
Amenities
- Concierge
- Game Room
- Laundry Facilities
- 2 Elevators
Recreation
- Fitness Center
- Community Pool
Pet Policy
- No Pets Allowed
Security
- 24-Hour Security
- Front Desk in Lobby
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,836 | $134,433 | $0 | $0 |
| 2024 | $1,684 | $120,667 | $0 | $0 |
| 2023 | $1,502 | $106,900 | $53,400 | $53,500 |
| 2022 | $1,484 | $105,600 | $0 | $0 |
| 2021 | $1,474 | $104,300 | $0 | $0 |
| 2020 | $1,461 | $103,000 | $51,500 | $51,500 |
| 2019 | $1,461 | $103,000 | $51,500 | $51,500 |
| 2018 | $1,451 | $103,000 | $51,500 | $51,500 |
| 2017 | $1,530 | $107,800 | $0 | $0 |
| 2016 | -- | $107,800 | $0 | $0 |
| 2015 | $2,047 | $107,800 | $0 | $0 |
| 2014 | $2,047 | $108,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $209,900 | +47.8% | $432 / Sq Ft | |
| 11/30/2021 11/30/21 | Sold | $142,000 | -2.7% | $292 / Sq Ft | View Prior Sale |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- | |
| 09/16/2021 09/16/21 | For Sale | $145,900 | -- | $300 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $142,000 | First American Title Ins Co | |
| Deed | $222,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $171,900 | New Conventional |
Source: Bright MLS
MLS Number: MDWO2034560
APN: 10-369363
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