INVESTORS AND BUYERS THAT WANT GUARANTEED SUPPLEMENTAL INCOME Take a look at this Beautiful unit in COCONUT MALORIE 5TH FLR UNIT OVERLOOKING BAY, FAGERS, AND 90 BRIDGE! Don't miss this opportunity to own one of the top floor units facing the bay with vaulted ceilings. Furnished and ready for your enjoyment. This building has many resort hotel amenities, including rental opportunities for hotel or ownership. Enjoy coffee offered every morning in the lobby, as well as access to a billiard room, fitness center, bayside outdoor pool, garage parking, front desk assistance, on-site management, and the condo fee includes high speed internet, cable, gas, water, electricity, trash, building management, and much more. There is some refurbishing that will take place to make the building more modern and up to date. The location is excellent, it is within walking distance to Fagers—just steps away! Right off of Route 90, so you don't have to fight Coastal Hwy traffic in the summer. *1 yR ANNUAL RENTAL LEASE MUST BE HONORED. RENTED STARTING MAY 1, 2025 TO APRIL 30, 2026 WITH POSSIBLE 2 YR EXTENSION!
For sale
$235,000
200 59th St #506, Ocean City, MD 21842
1beds
486sqft
Est.:
Condominium
Built in 1989
-- sqft lot
$227,500 Zestimate®
$484/sqft
$1,008/mo HOA
What's special
Vaulted ceilingsUnit overlooking bay
- 188 days
- on Zillow |
- 265 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 02:16pm
Listed by:
April Love Raimond 410-929-3068,
Redfin Corp 4102028454
Source: Bright MLS,MLS#: MDWO2026734

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Built-In Range, Cooktop, Refrigerator, Electric Water Heater
Features
- Bathroom - Tub Shower, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Elevator, Open Floorplan, Kitchen - Galley
- Flooring: Carpet
- Windows: Sliding
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 486
- Total interior livable area: 486 sqft
- Finished area above ground: 486
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Free, Private, Public, Unassigned, Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayblock, Canoe/Kayak, Fishing Allowed, Beach Access, Public Access, Swimming Allowed, Waterski/Wakeboard, Bay
- Body of water: Assawoman Bay
Lot
- Features: Tidal Wetland
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410369827
- Zoning: B-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Fitness Center, Pool, Security, Elevator(s), Cable TV, Game Room, Billiard Room, Laundry
- Services included: Internet, Cable TV, Electricity, Gas, Water, Trash, Maintenance Structure, Pool(s), Snow Removal, Common Area Maintenance, Maintenance Grounds, Recreation Facility, Pest Control
- HOA name: Coconut Malorie
- Condo and coop fee: $1,008 monthly
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $484/sqft
- Tax assessed value: $120,667
- Annual tax amount: $1,689
- Date on market: 11/8/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
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