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$220,000
New Listing

COCONUT MALORIE RESO
200 59TH STREET 506
OCEAN CITY, MD 21842

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
486
SqFt
$453
/SqFt
1989
Built
County:
WORCESTER
Listing courtesy of Redfin Corp

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200 59TH STREET 506200 59TH STREET 506200 59TH STREET 506200 59TH STREET 506
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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!

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Listing Snapshot
Price 
$220,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
486 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1989
MLS® Number 
MDWO2031902
Status 
Active
Property Tax 
$1,689
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
5 hours agoListing first seen on site
General Features
Parking 
On StreetAssignedOther
Pets 
Cats OKDogs OKYes
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
486
SqFt Total 
486
Stories 
One
Style 
Unit/Flat
Water Source 
Public
Zoning 
B-1
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirElectric
Heating 
ElectricCentral
Main Level Bedrooms 
1
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Exterior Features
Construction Details 
Other
Pool Features 
Community
Community Features
Association Amenities 
Billiard RoomGame RoomSecurityCable TVElevator(s)Fitness CenterLaundry
Association Dues 
1008
Community Features 
Pool
HOA Fee Frequency 
Monthly
MLS Area 
Bayside Waterfront (84)
School District 
WORCESTER COUNTY PUBLIC SCHOOLS
Schools
School District
WORCESTER COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Redfin Corp



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

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