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.
Sold for $185,000
$185,000
200 59th St #508, Ocean City, MD 21842
1beds
486sqft
Condominium
Built in 1989
-- sqft lot
$184,800 Zestimate®
$381/sqft
$1,488 Estimated rent
Home value
$184,800
$168,000 - $203,000
$1,488/mo
Zestimate® history
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List your homeWhat's special
Huge lobbyNewly renovated condoGame roomNew water cooling towerGreat mid town locationPool updatesFresh paint
Zillow last checked:
Listing updated:
Listed by:
Tim Meadowcroft 443-235-7266,
Long & Foster Real Estate, Inc.
Bought with:
Jonathan M Barker, 618143
Keller Williams Realty Delmarva
Source: Bright MLS,MLS#: MDWO2018900
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Cooktop, Exhaust Fan, Refrigerator, Stainless Steel Appliance(s), Water Heater, Electric Water Heater
Features
- Ceiling Fan(s), Entry Level Bedroom, Open Floorplan, Kitchen - Efficiency, Upgraded Countertops, Dry Wall
- Flooring: Ceramic Tile, Laminate
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: No One Above,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
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410369843
- Zoning: B-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Dryvit, Masonry, Mixed, Stick Built
- Foundation: Block, Pillar/Post/Pier
- Roof: Built-Up,Flat
Condition
- Excellent
- New construction: No
- Year built: 1989
- Major remodel year: 2023
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Cable, Broadband
Community & HOA
Community
- Condo and coop fee: $810 monthly
- Subdivision: Non Development
HOA
- Has HOA: No
- Amenities included: Billiard Room, Cable TV, Common Grounds, Elevator(s), Fitness Center, Game Room, Laundry, Reserved/Assigned Parking, Security, Pool
- Services included: Air Conditioning, All Ground Fee, Cable TV, Common Area Maintenance, Custodial Services Maintenance, Electricity, Maintenance Structure, Health Club, Insurance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water
- HOA name: Coconut Malorie
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $381/sqft
- Tax assessed value: $106,900
- Annual tax amount: $1,507
- Date on market: 2/13/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Sold | $185,000-27.4%$381/sqft |
Source: Public Record Report a problem | ||
| 5/24/2024 | Sold | $254,900-5.6%$524/sqft |
Source:  Bright MLS #MDWO2018900 Report a problem | ||
| 4/27/2024 | Contingent | $269,900$555/sqft |
Source: Bright MLS #MDWO2018900 Report a problem | ||
| 4/23/2024 | Listed for sale | $269,900$555/sqft |
Source: Bright MLS #MDWO2018900 Report a problem | ||
| 4/3/2024 | Contingent | $269,900$555/sqft |
Source: Bright MLS #MDWO2018900 Report a problem | ||
| 2/13/2024 | Listed for sale | $269,900+120.3%$555/sqft |
Source: Bright MLS #MDWO2018900 Report a problem | ||
| 12/4/2020 | Sold | $122,500-2%$252/sqft |
Source: Public Record Report a problem | ||
| 10/21/2020 | Pending sale | $125,000$257/sqft |
Source: Coastal Life Realty Group #MDWO117484 Report a problem | ||
| 10/16/2020 | Listed for sale | $125,000+22.5%$257/sqft |
Source: Coastal Life Realty Group #MDWO117484 Report a problem | ||
| 2/28/2017 | Sold | $102,000-14.3%$210/sqft |
Source: Public Record Report a problem | ||
| 7/27/2016 | Listed for sale | $119,000-42.8%$245/sqft |
Source: Coldwell Banker Residential Brokerage - Ocean City-104th #505396 Report a problem | ||
| 1/7/2005 | Sold | $207,900$428/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,696 +0.4% | $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
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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
- 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 508
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