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About This Home

This 1-bedroom, 1-bathroom condo at 200 59TH Street unit: 420 in OCEAN CITY, MD is listed for $215,000 ($225 per sqft). Built in 1989, the home offers 954 sqft of living space on a N/A lot.

Agent Description

Prime investment opportunity at the Coconut Malorie Resort in mid-town Ocean City, MD, located next to the iconic Fager's Island restaurant. This largest 1 BR/1 Bath floor plan in the building, offers extra living space that guests love, making it an ideal short-term rental or vacation get-way with income potential.

Guests enjoy resort style amenities including a bayfront outdoor pool, sundeck and walkable access to restaurants, nightlife and the beach. Strong rental appeal thanks to its sough-after location, spacious layout and proximity to Ocean City's most popular bayside dining and sunset views.

Turn-key opportunity to own in one of mid-town's most recognizable condo resorts. The Coconut Malorie amenities include an outside pool, hot tub, game room, billiard room, fitness center with views of the ocean & bay, 2 elevators, parking lot, huge lobby for relaxing, on-site security, and front desk agent.

The quarterly HOA fee includes all utilities-water, sewer, heat & AC, insurance, cable TV & trash. This mid-town Ocean City, Maryland location is convenient to Rt. 90, the Roland E. Powell Convention Center and many of the city's local attractions. This unit is currently included in the Coconut Malorie's rental program.

Key Features

  • Built in 1989

Property Details

1 story
1 full
1989

Amenities

A/C

Monthly Cost Estimate

$4,769/mo

20% down · 6.5% · 30 years

Principal$155
Interest$932
Insurance$63
HOA$3,619

Estimates only. Actual payments may vary.

Location

200 59TH Street unit: 420

OCEAN CITY, MD 21842

NONE AVAILABLE

Features & Amenities

Interior Features

Breakfast AreaCeiling Fan(s)Combination Dining/LivingCombination Kitchen/DiningElevatorKitchen - Eat-InBathroom - Soaking Tub

Property Details

Construction

Stick Built Mixed

Parking

Parking Lot

Heating

Heat Pump (Heating)

Cooling

Central AirCeiling Fan(s)

Appliances

DishwasherMicrowaveOven/Range - Electric

Questions & Answers

This 1-bedroom, 1-bathroom condo at 200 59TH Street unit: 420 is listed at $215,000 ($225/sqft). The estimated monthly payment is $4,551 based on 20% down at 6.5% interest.

HOA fees are $3619/month.

Key features include: Built in 1989. Interior Features: Breakfast Area, Ceiling Fan(s), Combination Dining/Living.

This property is listed by Wendy Wisch and can be reached at 4434679385 or wendy.wisch@penfedrealty.com.

WW

Wendy Wisch

Agent at Berkshire Hathaway HomeServices PenFed Realty - OP

(443) 467-9385

Listed by Berkshire Hathaway HomeServices PenFed Realty - OP

MLS# MDWO2037004· Source: listhub· Updated 27 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

200 59TH Street unit: 420, OCEAN CITY, MD 21842

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