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.
Sold for $152,500
Zestimate®
$152,500
200 59th St #202, Ocean City, MD 21842
1beds
486sqft
Condominium
Built in 1989
-- sqft lot
$152,500 Zestimate®
$314/sqft
$1,488 Estimated rent
Home value
$152,500
$137,000 - $168,000
$1,488/mo
Zestimate® history
Owner options
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$1,488/mo
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$741/mo
Est. payment
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$741/mo
Est. payment
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Breathtaking bay viewsSpectacular sunsets
Zillow last checked:
Listing updated:
Listed by:
Jessica Zeigler 717-855-4566,
Berkshire Hathaway HomeServices PenFed Realty - OP
Bought with:
Mike DiPietro, 0024222
Keller Williams Realty Delmarva
Source: Bright MLS,MLS#: MDWO2035582
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, Forced Air, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Cooktop, Refrigerator, Electric Water Heater
- Laundry: Common Area
Features
- Bathroom - Walk-In Shower
- Flooring: Ceramic Tile, Laminate
- 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
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayfront
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410369169
- Zoning: B-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete
Condition
- Very Good
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Available, Sewer Available, Water Available, Cable
Community & HOA
Community
- Features: Pool
- Security: 24 Hour Security, Desk in Lobby, Fire Alarm
- Condo and coop fee: $3,023 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Cable TV, Elevator(s), Fitness Center, Meeting Room, Party Room, Pool, Security
- Services included: Air Conditioning, Cable TV, Common Area Maintenance, Electricity, Heat, Internet, Insurance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $314/sqft
- Tax assessed value: $134,433
- Annual tax amount: $1,841
- Date on market: 2/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Seller Financing
- Inclusions: Fully Furnished
- Exclusions: Dine By The Water Sign In The Living Room
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Sold | $152,500-7.5%$314/sqft |
Source:  Bright MLS #MDWO2035582 Report a problem | ||
| 4/18/2026 | Pending sale | $164,900$339/sqft |
Source: Bright MLS #MDWO2035582 Report a problem | ||
| 4/15/2026 | Price change | $164,900-2.9%$339/sqft |
Source: Bright MLS #MDWO2035582 Report a problem | ||
| 4/7/2026 | Price change | $169,900-3.2%$350/sqft |
Source: Bright MLS #MDWO2035582 Report a problem | ||
| 3/18/2026 | Price change | $175,500-7.6%$361/sqft |
Source: Bright MLS #MDWO2035582 Report a problem | ||
| 3/9/2026 | Price change | $189,900-7.4%$391/sqft |
Source: Bright MLS #MDWO2035582 Report a problem | ||
| 2/25/2026 | Price change | $205,000-1.9%$422/sqft |
Source: Bright MLS #MDWO2035582 Report a problem | ||
| 2/13/2026 | Listed for sale | $209,000+42.2%$430/sqft |
Source: Bright MLS #MDWO2035582 Report a problem | ||
| 4/8/2022 | Sold | $147,000-1.7%$302/sqft |
Source: Bright MLS #MDWO2002610 Report a problem | ||
| 3/1/2022 | Pending sale | $149,500$308/sqft |
Source: Bright MLS #MDWO2002610 Report a problem | ||
| 2/23/2022 | Price change | $149,500+4.6%$308/sqft |
Source: Bright MLS #MDWO2002610 Report a problem | ||
| 12/8/2021 | Pending sale | $142,900$294/sqft |
Source: Bright MLS #MDWO2002610 Report a problem | ||
| 10/16/2021 | Price change | $142,900-2.7%$294/sqft |
Source: Bright MLS #MDWO2002610 Report a problem | ||
| 9/21/2021 | Listed for sale | $146,900-30%$302/sqft |
Source: Bright MLS #MDWO2002610 Report a problem | ||
| 4/28/2005 | Sold | $209,900$432/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,841 +9% | $134,433 +11.4% |
| 2024 | $1,689 +12.1% | $120,667 +12.9% |
| 2023 | $1,507 +1.2% | $106,900 |
| 2022 | $1,489 +1% | $106,900 +2.5% |
| 2021 | $1,474 +1.3% | $104,300 +1.3% |
| 2020 | $1,455 -0.7% | $103,000 |
| 2019 | $1,465 +0.7% | $103,000 |
| 2018 | $1,455 -4.4% | $103,000 -4.5% |
| 2017 | $1,522 -2.4% | $107,800 |
| 2016 | $1,560 | $107,800 |
| 2015 | $1,560 | $107,800 -0.2% |
| 2014 | $1,560 | $108,000 -13.2% |
| 2013 | -- | $124,400 |
| 2012 | -- | $124,400 -4.3% |
| 2011 | -- | $130,000 -23.8% |
| 2010 | -- | $170,580 |
| 2009 | -- | $170,580 -14.8% |
| 2008 | -- | $200,230 +12.5% |
| 2007 | -- | $178,036 +14.2% |
| 2006 | -- | $155,843 +16.6% |
| 2005 | -- | $133,650 +13.8% |
| 2004 | -- | $117,432 +16% |
| 2003 | -- | $101,216 +19.1% |
| 2002 | -- | $85,000 |
| 2001 | -- | $85,000 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 3.3 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 7.4 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 7.2 mi
Schools provided by the listing agent
- High: Stephen Decatur
- District: Worcester County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 200 59th St Unit 202
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