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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.
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
Amenities
Monthly Cost Estimate
$4,769/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
200 59TH Street unit: 420
OCEAN CITY, MD 21842
NONE AVAILABLE
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
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.












































