200 59th St #508, Ocean City, MD 21842
UNDER CONTRACT

200 59th St #508
Ocean City, MD 21842

Midtown
  • 1 Bed
  • 1 Bath
  • 486 sqft
  • 1 Bed
  • 1 Bath
  • 486 sqft

$269,900

Est. Mortgage $1,670/mo*
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Local Information

map showing home location
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Commute Destination

Description

Rare opportunity to buy a newly renovated condo in the Coconut Malorie Resort on 59th Street. Great mid town location, close to many of OC's finest restaurants & attractions, and only 2 blocks to the beach. This condo features an open floor plan, soaring high ceilings, west facing balcony with panoramic views & amazing sunsets. Recent renovations include new kitchen with white self close cabinets, quartzite counters, glass back splash, stainless steel appliances, new drop in sink & faucet, all new interior doors, 70" ceiling fan, Hunter Douglas room darkening blinds, ship lap above cabinets, recessed lighting in great room & bedroom, luxury vinyl plank flooring throughout, and fresh paint. The bathroom is fully tiled with jetted tub. Ownership at the Coconut Malorie includes an outside pool, hot tub, game room, billiard room, fitness center with views of the ocean & bay, 2 elevators, ample parking, huge lobby for relaxing, on site security, and front desk agent. The HOA fee includes all utilities-water, sewer, heat & AC, cable TV & trash. The building recently underwent a $1.7 million dollar renovation in 2023 including a new water cooling tower & Chiller, stucco work, exterior painting, & lobby & pool updates. Whether you're seeking a permanent residence, vacation getaway or investment property, this property checks all of the boxes. It has a million dollar view at a fraction of the cost!!! Don't miss the opportunity to own at this condo. Call today for your private showing. Furnishings are negotiable.

Home Highlights

Parking
Parking Lot
Outdoor
No Info
A/C
Heating & Cooling
HOA
No HOA Fee
Price/Sqft
$555
Listed
76 days ago

Home Details for 200 59th St #508

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 486 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Cable, BroadbandAppliances: Built-In Microwave, Cooktop, Exhaust Fan, Refrigerator, Stainless Steel Appliance(s), Other Water Heater, Electric Water HeaterRefrigerator
Heating & Cooling
Heating: Forced Air,ElectricHas CoolingAir Conditioning: Central A/C,ElectricHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 200+ Amp Service
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Ceramic Tile, Laminate PlankCommon Walls: No One Above, 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: NoneFloors: Ceramic Tile, Laminate Plank
View
View: Bay

Exterior Features

Exterior Home Features
Roof: Built Up FlatOther Structures: Above Grade, Below GradeFoundation: Block, Pillar/Post/PierNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Parking Lot
Pool
Pool: Community
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 486 Square Feet

Days on Market

Days on Market: 76

Property Information

Year Built
Year Built: 1989Year Renovated: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumStructure Type: Unit/Flat/Apartment, Mid-Rise 5 - 8 FloorsArchitecture: Other
Building
Building Name: Coconut Malorie ResoConstruction Materials: Dryvit, Masonry, Mixed, Stick BuiltNot a New ConstructionAttached To Another Structure
Property Information
Condition: ExcellentParcel Number: 2410369843

Price & Status

Price
List Price: $269,900Price Per Sqft: $555
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE UNDER CONTRACT

Location

Direction & Address
City: Ocean CityCommunity: Non Development
School Information
Elementary School District: Worcester County Public SchoolsJr High / Middle School District: Worcester County Public SchoolsHigh School District: Worcester County Public Schools

Agent Information

Listing Agent
Listing ID: MDWO2018900

Community

Not Senior Community

HOA

HOA Fee Includes: Air Conditioning, All Ground Fee, Cable TV, Common Area Maintenance, Custodial Services Maintenance, Electricity, Maintenance Structure, Health Club, Insurance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, WaterHOA Name (second): Coconut MalorieNo HOA

Listing Info

Special Conditions: Standard

Offer

Contingencies: AppraisalListing Agreement Type: Exclusive Right To SellListing Terms: Cash

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Condominium

Miscellaneous

Mls Number: MDWO2018900Municipality: Ocean CityZillow Contingency Status: Under ContractWater ViewWater View: Bay

Additional Information

HOA Amenities: Billiard Room,Cable TV,Common Grounds,Elevator(s),Exercise Room,Fitness Center,Game Room,Laundry Facilities,Reserved/Assigned Parking,Security,Pool
Last check for updates: about 14 hours ago
Listing courtesy of Tim Meadowcroft, (443) 235-7266
Long & Foster Real Estate, Inc., (410) 520-2707
Source: Bright MLS, MLS#MDWO2018900

Price History for 200 59th St #508

DatePriceEventSource
04/27/2024$269,900ContingentBright MLS #MDWO2018900
04/23/2024$269,900PendingToActiveBright MLS #MDWO2018900
04/03/2024$269,900ContingentBright MLS #MDWO2018900
02/13/2024$269,900Listed For SaleBright MLS #MDWO2018900
12/04/2020$122,500Sold
N/A
10/21/2020$125,000PendingAgent Provided
10/16/2020$125,000Listed For SaleAgent Provided
02/28/2017$102,000Sold
N/A
07/27/2016$119,000Listed For SaleAgent Provided
01/07/2005$207,900Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$1,507
Assessment$106,900
Home facts updated by county records

Comparable Sales for 200 59th St #508

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
200 59th St #209, Ocean City, MD
0.01
Condo
$195,000
03/01/24
1
1
486
111 58th St #30, Ocean City, MD
0.09
Condo
$314,900
11/30/23
1
1
588
104 56th St #202, Ocean City, MD
0.16
Condo
$275,000
12/28/23
1
1
588
104 56th St #105, Ocean City, MD
0.17
Condo
$305,000
11/17/23
1
1
588
5104 Coastal Hwy #301S, Ocean City, MD
0.45
Condo
$280,000
03/28/24
1
1
616
17 70th St #23, Ocean City, MD
0.60
Condo
$182,500
03/07/24
1
1
612
10 57th St #2, Ocean City, MD
0.21
Condo
$380,000
07/28/23
2
1
640
5801 Atlantic Ave #307, Ocean City, MD
0.22
Condo
$385,000
10/31/23
1
2
733
5801 Atlantic Ave #908, Ocean City, MD
0.23
Condo
$390,000
02/29/24
1
2
733
13 69th St #109, Ocean City, MD
0.57
Condo
$295,000
08/16/23
1
1
615

Neighborhood Overview

Midtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Midtown

  • Trulia User
    "it's quite very respectful all neighbors are nice . we haven't had any crimes . it a beautiful area . "
    1
    Flag
  • Trulia User
    "Lots of hotels and great restaurants. Also Beach and boardwalk are wonderful. Not too many community events except for the air show. A lot to do in this area of ocean city. Highly recommended. "
    0
    Flag
  • Tringa80
    "Pet and family friendly neighbors in a quiet neighborhood on the bayside. An added plus is that you have easy access to the beach!"
    5
    Flag
  • Roy S.
    "I Live a Block And a Half From the Boardwalk And 4 Blocks From the Games And Rides. Bus Stop is Half Block from where I Live and 7 Eleven is right around the corner"
    4
    Flag
  • R S.
    "At the beginning of Autumn we rejoice in the decreasing numbers of tourists that rent apartments for the summer. We can become a quiet beach town again. "
    1
    Flag
  • Mydreamer1956
    "No problems living where I live. We would like to live in a nice area where we can enjoy our retirement."
    13
    Flag
  • Mollie K.
    "Little Salisbury neighborhood is the perfect place in ocean city. Off of the highway you can ride bikes, go for walks, play outside or at the neighborhood park. Short walk or bike ride to the beach and you are in heaven!"
    13
    Flag
  • Alex0844133
    "I actually don’t like our neighborhood. We don’t have a yard for our dog to play and we also don’t have parks around for our child to play. Stores are Pretty far and its just not a family friendly area"
    0
    Flag
  • Mackenziemartin2011
    "The beach!!! Nice local people!! There is so much to do!!! The sandbar on 33rd street is awesome!!! Make sure you stop in n join karaoke!!"
    0
    Flag
  • Zhess89
    "great place. loved it while i was there. buddy in the summer. has great restaurants and great beaches"
    0
    Flag
  • Doreen D. D.
    "Very nice area on the bayside, great location. Short walk to beach, boards and great restaurants. Very quite and private. "
    0
    Flag
  • Mendy F.
    "I live and work here. So much to do in the summer months. My favorite is Spring and Fall. Winter is slow, but great local specials at your favorite summer restaurants! "
    0
    Flag
  • Eric
    "Our family moved to Ocean City, MD in 2009. Coming here since the early 1960's, I was surprised to find so many places open year round now. We are very happy with decision to move here and have found plenty to do with friendly neighbors and business owners. "
    0
    Flag

LGBTQ Local Legal Protections

Tim Meadowcroft, Long & Foster Real Estate, Inc.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
200 59th St #508, Ocean City, MD 21842 is a 1 bedroom, 1 bathroom, 486 sqft condo built in 1989. 200 59th St #508 is located in Midtown, Ocean City. This property is currently available for sale and was listed by Bright MLS on Feb 13, 2024. The MLS # for this home is MLS# MDWO2018900.