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Off market
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  • $227,500

    200 59th St #505, Ocean City, MD 21842

    1beds
    1baths
    486sqft
    Condo
    Built in 1989
    -- sqft lot
    $227,500 Zestimate®
    $468/sqft
    $1,488 Estimated rent

    Home value

    $227,500

    $209,000 - $246,000

    $1,488/mo

    Zestimate® history
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    $1,576/mo

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    What's special

    LUXURY WATERFRONT CONDOMINIUM-DID WE SAY LUXURY?? Unusual opportunity to own year-round 1BR waterfront unit in Ocean Citys finest Bayfront Building. The Coconut Malorie Resort provides full concierge service, full laundry service, year-round front desk-maintenance, & management services, full maid service, and ample parking. You wont believe the spectacular water views, views of Fagers Island, and the best sunsets ever! The raised outdoor pool, fitness center, and billards room and the icing on the cake. And, you are only 2 blocks from the Beach. The Coconut Malorie is located conveniently 2 blocks south of 62nd Street (Route 90), and is close to many of OCs best restaurants and shops. RENTAL HISTORY SHOWS AROUND $22M GROSS ANNUAL INCOME! THE BEST INVESTMENT IN OC!! Brokered And Advertised By: Jarrett J Wise Listing Agent: James W White

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 486 sqft

    Property

    Details
    • Parcel number: 10369819

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1989

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $470 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $468/sqft
    • Tax assessed value: $134,433
    • Annual tax amount: $1,841

    Price history

    DateEventPrice
    4/30/2013Sold$108,750-9.4%$224/sqft
    Source: Public Record Report a problem
    2/9/2013Listed for sale$120,000-42.3%$247/sqft
    Source: Prudential PenFed Realty #482174 Report a problem
    6/29/2005Sold$207,900$428/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 -13.3%
    2014$2,047 $124,400
    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
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    $227,500
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    With Zillow Showcase(estimated)
    $232,050