$172,000
SOLD FEB 13, 2026

200 59th St Unit 310 Ocean City, MD 21842

1 Bed
1 Bath
486 Sq Ft
1989 Built

Recently Sold

$354 Per Sq Ft

18% Below List Price

128 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Fitness Center
  • Bay View
  • Ocean City Elementary School Rated A
  • Water Oriented
  • Open Floorplan

About This Home

As of February 2026

BEST WATERFRONT PURCHASE IN OCEAN CITY, MD. CLOSING COST ASSISTANCE WITH ACCEPTABLE OFFER. CONDO ASSESSMENT PAID IN FULL. DO NOT DELAY!! SETTLEMENT MUST OCCUR ON OR BEFORE DECEMBER 31 2025. CAN YOU SAY MOTIVATED SELLER!! The Perfect balance of Location, Bayside Sunsets, Proximity to the Ocean, and your favorite amenities all in one. Enjoy resort-style living with amenities such as daily morning coffee in the lobby, a billiard room, fitness center, bayside outdoor pool, garage parking, two elevators, front desk assistance, on-site management, and more. Recent updates include exterior and interior paint, a lavish lobby remodel, refacing of the pool and more that have further enhanced its value. The comprehensive condo fee covers EVERYTHING (high-speed internet, cable, gas, water, electricity, trash, building maintenance and all amenities), with only one monthly payment. This meticulously maintained one bedroom condo will be your "Special Piece of the Beach!" Renovated kitchen area. New cabinets, sink, cook top and refrigerator. Two blocks to the Ocean or a short walk to the ever popular Fagar's Island restaurant. The Condo is sold furnished. New owner must honor any remaining 2025 reservations. Weather not cooperating for a Beach visit?? An easy fix. Coconut Malorie offers plenty of diversity including an outdoor Pool, Billiards table, Game room , Fitness center, Lounges and reading areas. Enjoyment can be yours year round. Easy on site parking. Many of Ocean City's best and most popular restaurants and attractions are within walking distance. Strong rental potential makes for a great investment opportunity. BRING ALL OFFERS.

Last Agent to Sell the Property

Bud Cumberland

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva Brokerage Phone: 4105246400 Listed on: 09/07/2025

Keller Williams Realty Delmarva

Last Buyer's Agent

David Thomas

(443) 856-2211 davidthomasrealestatesales@gmail.com Coldwell Banker Realty License #5015917

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1989

Lot Details

  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned B-1

HOA Fees

  • $1,007 Monthly HOA Fees

Property Views

  • Bay
  • Panoramic

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stick Built Home

Interior Spaces

  • 486 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan

Kitchen

  • Galley Kitchen
  • Cooktop
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Hydromassage or Jetted Bathtub

Parking

  • Paved Parking
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • Property near a bay

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 310
  • Assessor Parcel Number 2410369460

Community Details

Overview

  • Association fees include air conditioning, all ground fee, custodial services maintenance, common area maintenance, electricity, exterior building maintenance, health club, insurance, lawn maintenance, management, pool(s), reserve funds, sewer, snow removal, trash, water, cable TV, high speed internet
  • Coconut Malorie Reso Community
  • Property Manager
  • Property has 5 Levels

Amenities

  • Common Area
  • Game Room
  • Billiard Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Front Desk in Lobby

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,646

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

HOA Fees

$1,007 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Personal Items, Contents of cabinets and closets
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Refrigerator
  • Entry Floor: 3
  • Interior Amenities: Bathroom - Jetted Tub, Ceiling Fan(s), Floor Plan - Open, Kitchen - Galley
  • Fireplace: No
  • Levels Count: 5
  • Basement: No
  • Total Sq Ft: 486
  • Living Area Sq Ft: 486
  • Price Per Sq Ft: 384.77
  • Above Grade Finished Sq Ft: 486
  • Above Grade Finished Area Units: Square Feet

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, Stick Built
  • Roof: Built-Up, Flat
  • Spa: No
  • View: Panoramic, Bay
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1007.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Coconut Malorie
  • HOA Condo Co-Op Amenities: Billiard Room, Cable, Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Laundry Facilities, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Custodial Services Maintenance, Common Area Maintenance, Electricity, Ext Bldg Maint, Health Club, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Cable Tv, High Speed Internet
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Total Actual Rent: 15000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1646.00
  • Assessor Parcel Number: 2410369460
  • Tax Lot: 310
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2025
Closed on
Feb 13, 2026
Sold by
Smith Michael Todd and Smith Jamie D
Bought by
Feldman Samuel Benjamin
Seller's Agent
Bud Cumberland
Keller Williams Realty Delmarva
Buyer's Agent
David Thomas
Coldwell Banker Realty
List Price
$209,900
Sold Price
$172,000
Premium/Discount to List
-$37,900
-18.06%
Views
230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.27%
Original Mortgage
$80,000
Outstanding Balance
$80,000
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$105,263

Purchase Details

Listed on
Oct 4, 2022
Closed on
Apr 28, 2023
Sold by
Durukan Gizem
Bought by
Smith Michael Todd and Smith Jamie D
Seller's Agent
Bud Cumberland
Keller Williams Realty Delmarva
Buyer's Agent
Bud Cumberland
Keller Williams Realty Delmarva
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Views
489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.08%
Original Mortgage
$133,250
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 29, 2019
Sold by
Pulaski Properties Llc
Bought by
Durukan Gizem
Seller's Agent
Monica McNamara
Coldwell Banker Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%
Original Mortgage
$78,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2005
Sold by
Ocean City Coconut
Bought by
Crosswhite Crosswhite Christopher L Christopher L and Crosswhite Mary L

Purchase Details

Closed on
Feb 4, 2005
Sold by
Ocean City Coconut
Bought by
Crosswhite Crosswhite Christopher L Christopher L and Crosswhite Mary L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $172,000 First American Title
Deed $205,000 Ocean Investments Title
Deed $105,000 Resort Land T&E Llc
Deed $206,900 --
Deed $206,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 New Conventional
Previous Owner $133,250 New Conventional
Previous Owner $78,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2026 02/13/26 Sold $172,000 -8.0% $354 / Sq Ft
01/13/2026 01/13/26 Pending -- -- --
12/04/2025 12/04/25 Price Changed $187,000 -1.6% $385 / Sq Ft
11/22/2025 11/22/25 Price Changed $189,999 -2.6% $391 / Sq Ft
11/10/2025 11/10/25 Price Changed $194,999 -3.5% $401 / Sq Ft
10/24/2025 10/24/25 Price Changed $201,999 -1.0% $416 / Sq Ft
10/15/2025 10/15/25 Price Changed $203,999 -0.5% $420 / Sq Ft
10/01/2025 10/01/25 Price Changed $204,999 -2.3% $422 / Sq Ft
09/07/2025 09/07/25 For Sale $209,900 +2.4% $432 / Sq Ft
04/28/2023 04/28/23 Sold $205,000 -1.9% $432 / Sq Ft View Prior Sale
03/02/2023 03/02/23 Pending -- -- --
10/28/2022 10/28/22 Price Changed $209,000 +4.5% $441 / Sq Ft
10/04/2022 10/04/22 For Sale $200,000 +90.5% $422 / Sq Ft
05/29/2019 05/29/19 Sold $105,000 -8.7% $222 / Sq Ft View Prior Sale
04/21/2019 04/21/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $115,000 -- $243 / Sq Ft
Source: Bright MLS

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 $1,790 $131,067 $0 $0
2024 $1,641 $117,633 $0 $0
2023 $1,464 $104,200 $52,100 $52,100
2022 $1,447 $102,933 $0 $0
2021 $1,437 $101,667 $0 $0
2020 $1,419 $100,400 $50,200 $50,200
2019 $1,424 $100,400 $50,200 $50,200
2018 $1,414 $100,400 $50,200 $50,200
2017 $1,494 $105,200 $0 $0
2016 -- $105,200 $0 $0
2015 $1,996 $105,200 $0 $0
2014 $1,996 $121,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2033186

Bright MLS

APN: 10-369460

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