$245,000
Bed: 1
Bath: 1
Sqft: 486
17 Days On Market -

Courtesy of Tina Dorsey, Coastal Life Realty Group LLC joe@coastallifeoc.com

Info
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Status: Active
Property Type: Condominium
Year Built: 1989
Neighborhood: None Available
Days On Website: 17
Welcome To Your Ideal Ocean City Getaway At Coconut Malorie, Where Over A Million Dollars In Recent Building Renovations Make This Property A Fantastic Investment And An Incredible Place To Unwind. Located In A Prime Midtown Location, This 1-bedroom, 1-Bath Condo Offers The Perfect Blend Of Convenience And Luxury, Just A Short Distance Away From The Sand And Surf. Enjoy Breathtaking Nightly Sunsets And Panoramic Views Without The Million-Dollar Price Tag! This All-Tile Unit Features A Convenient Kitchenette, Making It Ideal For Both Personal Use And Potential Rental Income. Current Owners Produce A $30K Income Per Year Renting Via VRBO & Air BNB. With One Simple Monthly Fee, You Can Leave The Worries Of Utility Bills Behind. The Fee Covers Water, Sewer, Electric, Hazard Insurance, Trash Removal, Parking, And Access To Exceptional Community Amenities That Include Game Room, Billiards, Library, Outdoor Pool, Fitness Area & Cable! Easy To Show/PRICED TO SELL! NOTE: Dues will go up to $1,007.71 per month in 2025 & a Special Assessment of $18,000.00. SELLER'S ARE WILLING TO GIVE A CREDIT OF $12,000.00 to Buyers with acceptable offer to offset these new costs.

Features

Appliances & Equipment

  • Built-In Microwave
  • Surface Unit
  • Refrigerator

Bathrooms

  • 1 full bathroom
  • 1 full bathroom on main level

Bedrooms

  • 1 bedroom
  • 1 bedroom on main level

Building

  • 486 sqft living area
  • 486 sqft above grade (finished)
  • Built in 1989
  • Structure Type: Unit/Flat/Apartment
  • Wall & Ceiling Types: Dry Wall
  • 1 levels
  • Unit/Flat
  • Dryvit

Cooling

  • Central Air
  • Electric
  • Central A/C

Exterior Features

  • Extensive Hardscape
  • Sidewalks
  • Street Lights

Floors

  • Ceramic Tile

Water Features

  • Water Body Type: Bay
  • Water Oriented
  • Waterfront Features: Y

Heating

  • Electric
  • Central
  • Forced Air

Home Owner's Association

  • Condo/Coop Association
  • Condo/Coop Fee: $810
  • Condo/Coop Fee Freq: Monthly
  • Billiard Room
  • Elevator
  • Fitness Center
  • Game Room
  • Laundry Facilities
  • Pool - Outdoor
  • Cable TV
  • Common Area Maintenance
  • Ext Bldg Maint
  • Health Club
  • High Speed Internet
  • Insurance
  • Lawn Maintenance
  • Management
  • Pool(s)
  • Recreation Facility
  • Reserve Funds
  • Sewer
  • Trash
  • Water

Interior Features

  • Ceiling Fan(s)
  • Combination Dining/Living
  • Combination Kitchen/Dining
  • Combination Kitchen/Living
  • Entry Level Bedroom
  • Flat
  • Floor Plan - Open
  • Kitchen - Efficiency
  • Sprinkler System
  • WhirlPool/HotTub
  • Window Treatments

Listing

  • 18 days on market
  • $504 per sqft
  • Property SubType: Condominium

Location

  • Municipality: Ocean City
  • County: Worcester
  • Location Type: Bayblock
  • MLS Area: Bayside Waterfront (84)
  • Subdivision: None Available

Lot

  • Lot Size Dimensions: 0.00 x 0.00

Parking

  • 1 assigned parking space
  • Assigned
  • Paved Parking

Property

  • Other Structures: Above Grade,Below Grade
  • Outdoor Living Structures: Balcony
  • View: Bay,Panoramic,Scenic Vista

Roof

  • Built-Up

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS

Sewer

  • Public Sewer

Taxes

  • City/Town Tax: $534
  • City/Town Tax Pymnt Freq: Annually
  • County Tax: $1,020
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $1,689
  • Tax Year: 2024

Utilities

  • Hot Water: Electric

Property Map

Map View

$245,000 - 200 59th Street Unit 308, Ocean City, MD 21842

Street View

Directions

200 59th Street Unit 308
Ocean City, MD 21842
Municipality: Ocean City

Nearby Schools

Local Sales

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Bettina Grein

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This content last updated on November 21, 2024 7:03AM.