• 200 59th Street #508 OCEAN CITY, MD 21842

  • $269,900
  • 1
    Bed(s)
  • 1.0
    Baths
  • 486
    Sq Ft

Rare opportunity to buy a newly renovated condo in the Coconut Malorie Resort on 59th Street. Great mid town location, close to many of OC's finest restaurants & attractions, and only 2 blocks to the beach. This condo features an open floor plan, soaring high ceilings, west facing balcony with panoramic views & amazing sunsets. Recent renovations include new kitchen with white self close cabinets, quartzite counters, glass back splash, stainless steel appliances, new drop in sink & faucet, all new interior doors, 70" ceiling fan, Hunter Douglas room darkening blinds, ship lap above cabinets, recessed lighting in great room & bedroom, luxury vinyl plank flooring throughout, and fresh paint. The bathroom is fully tiled with jetted tub. Ownership at the Coconut Malorie includes an outside pool, hot tub, game room, billiard room, fitness center with views of the ocean & bay, 2 elevators, ample parking, huge lobby for relaxing, on site security, and front desk agent. The HOA fee includes all utilities-water, sewer, heat & AC, cable TV & trash. The building recently underwent a $1.7 million dollar renovation in 2023 including a new water cooling tower & Chiller, stucco work, exterior painting, & lobby & pool updates. Whether you're seeking a permanent residence, vacation getaway or investment property, this property checks all of the boxes. It has a million dollar view at a fraction of the cost!!! Don't miss the opportunity to own at this condo. Call today for your private showing. Furnishings are negotiable.

Property Type :

Residential

Subdivision :

Non Development

County :

WORCESTER

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 1

Master Bedroom Level: 1

Bathroom Information

Total Baths: 1

Full Baths: 1

Water/Sewer

Water Source : Public

Interior Features

Ceiling Fan(s),Entry Level Bedroom,Floor Plan - Open,Kitchen - Efficiency,Upgraded Countertops,Window Treatments

Roof : Built-Up,Flat

Property Amenities: Billiard Room,Cable,Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Laundry Facilities,Reserved/Assigned Parking,Security,Swimming Pool

Property Appliances: Built-In Microwave,Cooktop,Exhaust Fan,Refrigerator,Stainless Steel Appliances

Roofing Information

Built-Up,Flat

Heating & Cooling

Cooling: Central A/C

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Exterior Wall: No One Above,2+ Common Walls

Year Built: 1989

Structure: Unit/Flat/Apartment

Major Appliances: Built-In Microwave,Cooktop,Exhaust Fan,Refrigerator,Stainless Steel Appliances

New Construction: No

Built: 1989

Construction Material: Dryvit,Masonry,Mixed,Stick Built

Amenities: Billiard Room,Cable,Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Laundry Facilities,Reserved/Assigned Parking,Security,Swimming Pool

Roof: Built-Up,Flat

Foundation/Basement: Block,Pillar/Post/Pier

Architecture: Other

Pool/Private: Yes - Community

Roof Type: Built-Up,Flat

Exterior Features

Utilities: Cable TV

Building Name: COCONUT MALORIE RESO

Pool Information

Pool: Yes - Community

Amenities

Billiard Room,Cable,Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Laundry Facilities,Reserved/Assigned Parking,Security,Swimming Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Other,Electric

Lot Information

Dimensions: 0.00 x 0.00

Architectural Style: Other

Property Information

SQ ft: 486

SQ ft (Living Area): 486

View: Bay

Subdivision: NON DEVELOPMENT

Financing: Cash

Appx. Lot Dimensions: 0.00 x 0.00

New Construction: No

Type: Other

Listing Information

Possession: Settlement

Common/Club Amenities: Billiard Room,Cable,Common Grounds,Elevator,Exercise Room,Fitness Center,Game Room,Laundry Facilities,Reserved/Assigned Parking,Security,Swimming Pool

Days Of Market: 51

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $1,507

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Terms/Deposits/Fees

Condo Fees: $810

Assoc Fee Freq: $Monthly

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $106,900

Parking Information

Parking Type: Parking Lot

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash

Roof: Built-Up,Flat

Unit: 508

Homeowners Association Information

Association Fee 2: $810

HOA Fee Frequency: Monthly

Other Fee Frequency: Monthly

Direction: Bayside between 59 and 60

School Information

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Utility Information

Cable TV

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Other,Electric

Elevators: 2

Location Information

Direction: Bayside between 59 and 60

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9750 Marthas Landing Ro.., Ocean City, MD,21842 $9,990,000 6 7.5 7,634 17919 Sqft
Keyser Point Road , Ocean City, MD,21842 $420,000 -- -- 197,327 197327 Sqft
110 Sand Dollar Lane , Ocean City, MD,21842 $196,500 2 1.0 470 --
12004 Ocean Gateway , Ocean City, MD,21842 $900,000 -- -- 304,920 304920 Sqft
4306 Coastal Highway , Ocean City, MD,21842 $1,950,000 3 2.5 3,448 7150 Sqft
4302 Coastal Highway , Ocean City, MD,21842 $599,000 3 2.0 1,248 3575 Sqft
Blue Marlin , Ocean City, MD,21842 $485,000 -- -- 673,002 673002 Sqft
8240 Wilmington Lane , Ocean City, MD,21842 $855,000 4 3.0 -- --
13444 Madison Avenue , Ocean City, MD,21842 $750,000 3 2.0 2,000 5000 Sqft
10539 Sussex Road , Ocean City, MD,21842 $1,995,000 4 3.5 -- 28401 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/06/2024 @ 04:38

MLS: MDWO2018900
LISTED BY: Timothy D Meadowcroft , Long & Foster Real Estate, Inc.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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