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$152,500
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Property Description
Turnkey and beautifully renovated, Coconut Malorie Unit 202 offers breathtaking bay views and spectacular sunsets in a sought-after midtown Ocean City location. Just a short stroll to the beach and only steps from Fager's Island, dining, nightlife, and local favorites, this condo is perfectly positioned for enjoying everything the beach has to offer. Ideal as a personal retreat, second home, or investment opportunity, this property also benefits from on-site management for added ease. The unit has generated over $35,000 annually in rental income, and owner financing is available.
Full Property Details
Full Property Details for 200 59th St #202
General
- Sold For: $152,500
- HOA FEE: $1,008/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,841 (2025)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2035582
- Added to Site: 102 day(s) ago
Interior
- Interior Features: Bathroom - Walk-In Shower
- Appliances: Built-In Microwave, Cooktop, Refrigerator
- Furnished: Yes
- Flooring: Ceramic Tile, Laminate Plank
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Common
Additional Information
- Shared Amenities: Cable, Elevator, Exercise Room, Meeting Room, Party Room, Pool - Outdoor, Security
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: 24 hour security, Desk in Lobby, Fire Detection System
Parking
- Total Spaces: 1
- Parking Type: Parking Lot
Location
- Area: Bayside Waterfront (84)
- Municipality: Ocean City
- County: WORCESTER
- Building Name: COCONUT MALORIE RESO
- Driving Directions: From Coastal Hwy, 59th St , bayside
- Location Details: Bayfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- High School: Stephen Decatur
Community
- Assoc. Fees Include: Air Conditioning, Cable TV, Common Area Maintenance, Electricity, Heat, High Speed Internet, Insurance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ceiling Fan(s)
- Cooling Fuel: Electric
- Heating Type: Central, Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Electric Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Concrete
- Entry Floor Number: 2
- Stories Description: Main
- Square Feet: 486
- Sq. Ft. Source: Assessor
- Living Area: 486 Sq. Ft.
- Finished Above Grnd: 486 Sq. Ft.
- Year Built: 1989
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Property View: Bay
- Zoning: B-1
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $339.3
- Condo Fee: $3,023
- Condo Fee Freq: Quarterly
- Assessment Year: 2025
- City/TownTax: $595
- City/TownTax Freq: Annually
- County Tax: $1,096
- County Tax Freq: Annually
- Tax w/Assessment: $134,433
- Tax Amount: $1,841
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 486
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: Dine by the water sign in the living room
- Inclusions: Fully Furnished
- Lot Number: 202
Listed by Berkshire Hathaway HomeServices PenFed Realty - OP, Jessica Zeigler
Sold by Keller Williams Realty Delmarva, Angelo M DiPietro
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Schools
Schools serving 200 59th St #202
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 3.3 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 7.3 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 7.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 59th St #202
Date
Details
Price
Change
Source
5/14/2026
Sold
$152,500
-7.52%
MLS
4/15/2026
Price Reduced
$164,900
-2.94%
MLS
4/07/2026
Price Reduced
$169,900
-3.19%
MLS
3/18/2026
Price Reduced
$175,500
-7.58%
MLS
3/09/2026
Price Reduced
$189,900
-7.37%
MLS
2/25/2026
Price Reduced
$205,000
-1.91%
MLS
2/13/2026
Listed
$209,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
200 59th Street #202, Ocean City, MD 21842 (MLS# MDWO2035582) is a Condo property that was sold at $152,500 on May 14, 2026. Want to learn more about 200 59th Street #202? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

