200 59th St Unit 302 Ocean City, MD 21842
Estimated payment $2,396/month
Total Views
11,178
1
Bed
1
Bath
486
Sq Ft
$463
Price per Sq Ft
Highlights
- Concierge
- Fitness Center
- Community Pool
- Ocean City Elementary School Rated A
- Coastal Architecture
- Game Room
About This Home
The best view in town at the best price!!
Discover Coconut Malorie #302, a 1-bedroom, 1-bathroom interior unit offering stunning bayfront views in midtown Ocean City. This condo-hotel provides a wealth of amenities, including a 24/7 front desk, outdoor pool, game room, gym, and library. Condo fees cover electricity, cable, internet, water, and sewer, making it a hassle-free choice for personal enjoyment or investment. Recent building renovations include pressure washing, fresh paint, roof and parking lot repairs, a new chiller, HVAC updates, and structural improvements, ensuring a top-notch experience. With a strong rental history and unbeatable location near Ocean City’s best attractions, dining, and shopping, this unit offers everything for a beachside retreat or lucrative investment. Don’t miss the chance to own this slice of paradise with breathtaking sunsets and a prime bayfront location!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,689
Year Built
- Built in 1989
Lot Details
- Two or More Common Walls
HOA Fees
- $1,008 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- 486 Sq Ft Home
- Coastal Architecture
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Schools
- Berlin Intermediate School
- Stephen Decatur High School
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
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 Resort Community
- Property Manager
- Property has 5 Levels
Amenities
- Concierge
- Game Room
- 2 Elevators
Recreation
- Fitness Center
- Community Pool
Pet Policy
- No Pets Allowed
Map
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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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | Price Changed | $224,900 | -4.3% | $463 / Sq Ft |
| 12/30/2024 12/30/24 | Price Changed | $235,000 | -4.1% | $484 / Sq Ft |
| 11/08/2024 11/08/24 | For Sale | $245,000 | +72.5% | $504 / Sq Ft |
| 11/30/2021 11/30/21 | Sold | $142,000 | -2.7% | $292 / Sq Ft |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 09/16/2021 09/16/21 | For Sale | $145,900 | -- | $300 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $142,000 | First American Title Ins Co | |
| Deed | $222,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $84,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $171,900 | New Conventional |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2026660
APN: 10-369363
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