Ocean City, MD 21842,200 59TH ST #506
Ocean City, MD 21842,200 59TH ST #506,Video Tour
Ocean City, MD 21842,200 59TH ST #506
Ocean City, MD 21842,200 59TH ST #506
Ocean City, MD 21842,200 59TH ST #506
Ocean City, MD 21842,200 59TH ST #506
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Irene Hunter CFM, RENE, Luxury Sales

Irene Hunter CFM, RENE, Luxury Sales

+1(484) 574-0855
Listed by Danielle Marie Bullinger • Redfin Corp
$ 220,000
Est. payment | /mo

1 Bed

1 Bath

486 SqFt


$ 220,000
Est. payment | /mo

1 Bed

1 Bath

486 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 486 sqft

Price per Sqft $452

Subdivision None Available

MLS Listing ID MDWO2031902

Style Unit/Flat

Bedrooms 1

Full Baths 1

Condo Fees $1,008/mo

HOA Y/N N

Abv Grd Liv Area 486

Year Built 1989

Annual Tax Amount $1,689

Tax Year 2024

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

ATTENTION INVESTORS & BUYERS SEEKING GUARANTEED INCOME!

Discover this stunning top-floor unit at Coconut Malorie, offering breathtaking views of the bay, Fager's Island, and the Route 90 bridge. This beautifully furnished 5th-floor condo features soaring vaulted ceilings and is move-in ready for your personal enjoyment or rental income.

The building boasts resort-style amenities, including daily morning coffee in the lobby, a billiard room, fitness center, bayside outdoor pool, garage parking, front desk assistance, on-site management, and more. The comprehensive condo fee covers high-speed internet, cable, gas, water, electricity, trash, and building maintenance—allowing for a truly worry-free experience.

Exciting updates are planned to modernize the building, further enhancing its value. Enjoy an unbeatable location within walking distance to Fager's Island and steps from Route 90, making summer travel a breeze without the Coastal Highway traffic.

Please note: A one-year annual lease must be honored. The unit is rented from May 1, 2025, through April 30, 2026, with a possible two-year extension—providing you with immediate, guaranteed rental income.

Don't miss this exceptional investment and lifestyle opportunity!

Bundled service pricing available for buyers. Connect with the listing agent for details!

Location

State MD

County Worcester

Area Bayside Waterfront (84)

Zoning B-1

Rooms

Main Level Bedrooms 1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Parking On Site 1

Amenities Available Billiard Room, Cable, Elevator, Exercise Room, Game Room, Laundry Facilities, Pool - Outdoor, Security

Water Access N

Accessibility None

Garage N

Building

Story 1

Unit Features Mid-Rise 5 - 8 Floors

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Cable TV,Common Area Maintenance,Electricity,Ext Bldg Maint,Gas,High Speed Internet,Lawn Maintenance,Pest Control,Recreation Facility,Snow Removal,Trash,Water

Senior Community No

Tax ID 2410369827

Ownership Condominium

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

Virtual Tour https://my.matterport.com/show/?m=UKR7vgusGcG

Bright MLS (BMLS)
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200 59TH ST #506