Movoto Real Estate
Sold on 06/01/2026
  • Other
  • View/Area
  • Living
  • Kitchen
  • Dining
  • Entry Way
  • Bath
  • Bedroom
  • Exterior

200 59th St #420, Ocean City, MD 21842

  • $195,000

    Last sold 06/01/2026 after 79 Days

  • 1

    bed

  • 1

    bath

  • 954

    Sqft ($204/Sqft)

Townhouse not for sale
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About 200 59th St #420

Property type Townhouse
Year built 1989
HOA fee $1,206/month
Property description
Prime investment opportunity at the Coconut Malorie Resort in mid-town Ocean City, MD, located next to the iconic Fager’s Island restaurant. This largest 1 BR/1 Bath floor plan in the building, offers extra living space that guests love, making it an ideal short-term rental or vacation get-way with income potential. Guests enjoy resort style amenities including a bayfront outdoor pool, sundeck and walkable access to restaurants, nightlife and the beach. Strong rental appeal thanks to its sough-after location, spacious layout and proximity to Ocean City’s most popular bayside dining and sunset views. Turn-key opportunity to own in one of mid-town’s most recognizable condo resorts. The Coconut Malorie amenities include an outside pool, hot tub, game room, billiard room, fitness center with views of the ocean & bay, 2 elevators, parking lot, huge lobby for relaxing, on-site security, and front desk agent. The quarterly HOA fee includes all utilities-water, sewer, heat & AC, insurance, cable TV & trash. This mid-town Ocean City, Maryland location is convenient to Rt. 90, the Roland E. Powell Convention Center and many of the city’s local attractions. This unit is currently included in the Coconut Malorie’s rental program.
Listed by
Listing Agent - Wendy Wisch
Listing Office - Berkshire Hathaway HomeServices PenFed Realty - OP
Source: Bright MLS mls logo
MLS#MDWO2037004 • last updated 2 weeks ago
Movoto checked Bright MLS for data 11 minutes ago
Overview
Cooling/AC Central A/C, Ceiling Fan(s), Electric
Heating Electric
Levels/Style Coastal
Type Residential
Status Closed
SqFt 954
SubType Mid-Rise 5 - 8 Floors
County Tax 1344, Annually
City/ Town Tax 703
Tax: Assessed Value 159000
Annual Property Tax 2225
Year Built 1989
Condition Very Good
Municipality Ocean City
HOA Fee 3618.66, Quarterly
New Construction (Y/N) N
HOA Name COCONUT MALORIE
Foreclosure (Y/N) N
Interior
Total # of Bathrooms 1
# Full Baths 1
Total # of Bedrooms 1
Appliances Dishwasher, Microwave, Oven/Range - Electric
Interior Features Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Elevator, Kitchen - Eat-In, Bathroom - Soaking Tub
Accessibility Features Elevator
Exterior
Common Walls 2+ Common Walls
Parking Desc Parking Lot
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool Yes - Community
Inclusions All Furnishings As Seen
Location
Subdivision NONE AVAILABLE
Water Source Public
Senior Community (Y/N) N
School District WORCESTER COUNTY PUBLIC SCHOOLS
Directions Ocean Highway To 59th Street. Located Inside The Coconut Malorie
Zoning B-1
  • Jun 2026
    mls logo MLS # MDWO2037004
  • Jun 2, 2026 Sold
    $195,000 (-9.3%)
  • May 15, 2026 Pending
  • Mar 14, 2026 Listed
    $215,000 (-28.3%)
  • Jul 2024
    mls logo MLS # MDWO2020752
  • Jul 28, 2024 Price Change
    $300,000 (-7.7%)
  • Jun 4, 2024 Price Change
    $325,000 (-7.1%)
  • May 4, 2024 Listed
    $350,000
  • 200 59th St #420
    $195K
  • 21842
    $450K 0% y/y
  • Ocean City
    $450K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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