$214,900

200 59th St Unit 302 Ocean City, MD 21842

Estimated payment $2,288/month

Total Views 19,933
1 Bed
1 Bath
486 Sq Ft
$442 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!

Listing Agent

Ryan Haley

(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256 Listed on: 11/08/2024

Atlantic Shores Sotheby's International Realty

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
  • Entry on the 3rd floor

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,689

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,008 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 11/8/2024 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1989
  • Remarks Public: 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!
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 2
  • Levels Count: 5
  • Basement: No
  • Total Sq Ft: 486
  • Living Area Sq Ft: 486
  • Price Per Sq Ft: 442.18
  • Above Grade Finished Sq Ft: 486
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 200

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3023.13
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Coconut Malorie
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Game Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Electricity, Heat, High Speed Internet, Insurance, Parking Fee, Management, Pool(s), Recreation Facility, Snow Removal, Trash, Water, Sewer
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Middle School: BERLIN INTERMEDIATE SCHOOL
  • High School: STEPHEN DECATUR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: BERLIN INTERMEDIATE SCHOOL

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2024
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1689.00
  • Assessor Parcel Number: 2410369363
  • Tax Lot: 302
  • Tax Total Finished Sq Ft: 486
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,684 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Price Changed $214,900 -4.4% $442 / Sq Ft
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 $171,900 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: MDWO2026660

Bright MLS

APN: 10-369363