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$196,400
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Property Description
Discover Coconut Malorie #302, where stunning bayfront views meet unbeatable value! This 1-bedroom, 1-bath condo-hotel unit is perfectly located in Midtown Ocean City, offering the ideal blend of comfort, convenience, and resort-style amenities. Enjoy sweeping views of the bay right from your unit, along with access to fantastic on-site features including a 24/7 front desk, outdoor pool, game room, gym, and library. With condo fees that cover electricity, cable, internet, water, and sewer, this property is truly maintenance-free, perfect for a relaxing getaway or a worry-free investment. The building has recently undergone extensive updates, including pressure washing, new paint, roof and parking lot repairs, a new chiller, HVAC improvements, and structural upgrades, ensuring lasting quality and peace of mind. With a strong rental history and prime location close to Ocean City's best dining, shopping, and entertainment, Coconut Malorie #302 offers everything you need for a perfect beach escape or a smart income-generating property. Don't miss your chance to own this slice of paradise and enjoy breathtaking sunsets over the bay! Schedule a showing today!
Full Property Details
Full Property Details for 200 59th St #302
General
- Sold For: $196,400
- HOA FEE: $1,008/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,841 (2025)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2034560
- Added to Site: 124 day(s) ago
Interior
- Interior Features: Combination Dining/Living, Flat
- Appliances: Microwave, Built-In Microwave, Cooktop, Refrigerator
- Furnished: Yes
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: Concierge, Elevator, Fitness Center, Game Room, Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: 24 hour security, Desk in Lobby, Resident Manager
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: Head South on Coastal Hwy Turn west on 60th Street, Then right in the Coconut Malorie Parking Lot.
- Location Details: Bayfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- Middle School: Berlin Intermediate School
- High School: Stephen Decatur
Community
- Assoc. Fees Include: Cable TV, Common Area Maintenance, Electricity, Heat, High Speed Internet, Insurance, Parking Fee, Management, Pool(s), Recreation Facility, Snow Removal, Trash, Water, Sewer
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Coastal
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Mixed
- Foundation: Permanent
- Common Walls: 2+ Common Walls
- Doors: Sliding Glass
- Entry Floor Number: 3
- Elevator(s ): 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 Front: Yes
- Water View: Yes
- Water Front Type: Bay
Financial Considerations
- Price Per Sq. Ft.: $431.89
- 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
- Lot Number: 302
Listed by Atlantic Shores Sotheby's International Realty, Ryan Haley
Sold by Northrop Realty, Alyson Kendall
Get Pre-Approved Today
Schools
Schools serving 200 59th St #302
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 |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 8.5 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 59th St #302
Date
Details
Price
Change
Source
2/13/2026
Sold
$196,400
-6.43%
MLS
10/30/2025
Listed
$209,900
—
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 #302, Ocean City, MD 21842 (MLS# MDWO2034560) is a Condo property that was sold at $196,400 on February 13, 2026. Want to learn more about 200 59th Street #302? 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.

