200 59TH ST #308 Active Save Request In-Person Tour Request Virtual Tour
Ocean City,MD 21842
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 486 sqft
Price per Sqft $504
Subdivision None Available
MLS Listing ID MDWO2026756
Style Unit/Flat
Bedrooms 1
Full Baths 1
Condo Fees $810/mo
Year Built 1989
Annual Tax Amount $1,689
Tax Year 2024
Property Description
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.
Location
State MD
County Worcester
Area Bayside Waterfront (84)
Zoning B-1
Interior
Hot Water Electric
Heating Central,Forced Air
Cooling Central A/C
Flooring Ceramic Tile
Equipment Built-In Microwave,Surface Unit,Refrigerator
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Parking On Site 1
Amenities Available Billiard Room,Elevator,Fitness Center,Game Room,Laundry Facilities,Pool - Outdoor
Waterfront Y
Water Access N
View Bay,Panoramic,Scenic Vista
Roof Type Built-Up
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
School District Worcester County Public Schools
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard
Pets Description Cats OK,Dogs OK