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Sold for $196,400
  • $196,400

    200 59th St #302, Ocean City, MD 21842

    1beds
    486sqft
    Condominium
    Built in 1989
    -- sqft lot
    $198,000 Zestimate®
    $404/sqft
    $1,488 Estimated rent

    Home value

    $198,000

    $176,000 - $224,000

    $1,488/mo

    Zestimate® history
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    $955/mo

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    $955/mo

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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Haley 410-524-0919,

    Atlantic Shores Sotheby's International Realty

    Bought with:

    Alyson Kendall, 5002854

    Northrop Realty

    Source: Bright MLS,MLS#: MDWO2034560MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Cooktop, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Combination Dining/Living, Flat
    • Doors: Sliding Glass
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    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: None
    Features
    • Levels: Five
    • Stories: 5
    • Pool features: Community
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bayfront, Bay
    • Frontage length: Water Frontage Ft: 50
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410369363
    • Zoning: B-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Mixed
    • Foundation: Permanent
    Condition
    • Very Good
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Fixed Wireless

    Community & HOA

    Community
    • Features: Pool
    • Security: 24 Hour Security, Desk in Lobby, Resident Manager
    • Condo and coop fee: $3,023 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Concierge, Elevator(s), Fitness Center, Game Room, Pool
    • Services included: Cable TV, Common Area Maintenance, Electricity, Heat, Internet, Insurance, Parking Fee, Management, Pool(s), Recreation Facility, Snow Removal, Trash, Water, Sewer
    • HOA name: Coconut Malorie
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $404/sqft
    • Tax assessed value: $134,433
    • Annual tax amount: $1,841
    • Date on market: 10/30/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Other
    • Ownership: Condominium

    Price history

    DateEventPrice
    2/13/2026Sold$196,400-6.4%$404/sqft
    Source: Bright MLS #MDWO2034560 Report a problem
    1/13/2026Contingent$209,900$432/sqft
    Source: Bright MLS #MDWO2034560 Report a problem
    10/30/2025Price change$209,900-2.3%$432/sqft
    Source: Bright MLS #MDWO2034560 Report a problem
    9/5/2025Price change$214,900-4.4%$442/sqft
    Source: Bright MLS #MDWO2026660 Report a problem
    3/13/2025Price change$224,900-4.3%$463/sqft
    Source: Bright MLS #MDWO2026660 Report a problem
    12/30/2024Price change$235,000-4.1%$484/sqft
    Source: Bright MLS #MDWO2026660 Report a problem
    11/8/2024Listed for sale$245,000+72.5%$504/sqft
    Source: Bright MLS #MDWO2026660 Report a problem
    12/1/2023Listing removed--
    Source: Bright MLS #MDWO2002482 Report a problem
    11/30/2021Sold$142,000-2.7%$292/sqft
    Source: Bright MLS #MDWO2002482 Report a problem
    10/29/2021Pending sale$145,900$300/sqft
    Source: Bright MLS #MDWO2002482 Report a problem
    9/16/2021Listed for sale$145,900-34.5%$300/sqft
    Source: Bright MLS #MDWO2002482 Report a problem
    6/24/2005Sold$222,900$459/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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 -25.6%$107,800
    2016$2,047 $107,800
    2015$2,047 $107,800 -0.2%
    2014$2,047 $108,000 -13.2%
    2013-- $124,400
    2012-- $124,400 -27.1%
    2011-- $170,580
    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

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Berlin Intermediate School
    • 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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