200 59th St, Unit 508

Ocean City, MD 21842

$254,900
Last Sold Price
1
Bed
486 Sq. Ft.
$524 / Sq. Ft.
486
Sq. Ft.
$524
per Sq. Ft.

Description

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...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.
  1. Listed by Timothy D Meadowcroft • Long & Foster Real Estate, Inc.
    P: (443)-235-7266 timothy.meadowcroft@lnf.com

Property Details for 200 59th Street, Unit 508

Tax ID Number
2410369843
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
5
Structure Type
Unit/Flat/Apartment
Style
Other
Levels/Stories
1
LISTING UPDATED: 05/24/2024 09:56 AM

Property Details for 200 59th Street, Unit 508

StatusClosed
MLS #MDWO2018900
Days on Market56
Taxes$1,507 / year
HOA Fees-
Condo/Co-op Fees$810 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1989
CountyWorcester County

Building

Coconut Malorie Resort

5 StoriesBuilt in 1989

Location

Listing Courtesy of Long & Foster Real Estate, Inc.

Sold By Keller Williams Realty Delmarva

Add your commute

Building Information for 200 59th Street, Unit 508

Building/ComplexCoconut Malorie ResortFloor-Stories5Residences-Pet Policy-Pet Policy DetailsCase by Case BasisYear Built1989

Payment Calculator

$2,271 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,336

Property Taxes

$126

HOA Dues

$810

The Payment Calculator is for illustrative purposes only.

Property Information for 200 59th Street, Unit 508

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Bayside Waterfront (84)
  • OC Cross Street: 59
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: Coconut Malorie
  • HOA Condo Coop Mgmt Type: Professional - Off-site, Professional - On-site
  • HOA Condo Coop Fee Includes: Air Conditioning, All Ground Fee, Cable TV, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Health Club, Insurance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Coop Amenities: Billiard Room, Cable, Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Laundry Facilities, Reserved/Assigned Parking, Security, Swimming Pool
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $106,900
  • Year Assessed: 2023
  • County Tax: $903
  • Improvement Assessed Value: $0
  • City Town Tax: $483
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: U
  • Zoning: B-1
  • Tax Lot: 508
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Number Limit
  • Concessions: Yes
  • Concessions Amount: $1,000
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Rooms
  • Stories: Main
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Total Finished SQFT: 486.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 486.00
  • Total SQFT: 486.00
  • Total SQFT Source: Assessor
  • Elevators Count: 2
  • Construction Materials: Dryvit, Masonry, Mixed, Stick Built
  • Roof: Built-Up, Flat
  • Wall and Ceiling Types: Dry Wall, Masonry
  • Common Walls: No One Above, 2+ Common Walls
  • Flooring Type: Ceramic Tile, Laminate Plank
  • Foundation Details: Block, Pillar/Post/Pier
  • Room and Floor: Bedrooms-Main Level-1, Bathrooms Full-Main Level-1
  • # Bathrooms Full: 1
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5427813
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Efficiency, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Appliances: Built-In Microwave, Cooktop, Exhaust Fan, Refrigerator, Stainless Steel Appliances
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: Yes - Community
Utilities
Utilities
  • Utilities: Cable TV
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Other, Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
  • Internet Services: Cable, Broadband
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)

Property History for 200 59th Street, Unit 508

DateEvent & SourcePriceAppreciation
May 24, 2024

Closed

BRIGHT #MDWO2018900

$254,900
May 23, 2024

Closed (Public Record)

Public Record #1535115101

$254,950

+23.4% / yr

Apr 27, 2024

Pending

BRIGHT #MDWO2018900

Apr 27, 2024

Active Under Contract

BRIGHT #MDWO2018900

Apr 23, 2024

Listed (Active)

BRIGHT #MDWO2018900

Apr 2, 2024

Active Under Contract

BRIGHT #MDWO2018900

Feb 13, 2024

Listed (Active)

BRIGHT #MDWO2018900

$269,900
Nov 27, 2020

Closed (Public Record)

Public Record #684664565

$122,500

+5.0% / yr

Nov 27, 2020

Closed

BRIGHT #MDWO117484

$122,500
Oct 20, 2020

Pending

BRIGHT #MDWO117484

Oct 16, 2020

Listed (Active)

BRIGHT #MDWO117484

$125,000
Mar 1, 2017

Closed

BRIGHT #1000525764

$102,000
Feb 23, 2017

Closed (Public Record)

Public Record #591640377

$102,000

-5.7% / yr

Dec 22, 2016

Pending

BRIGHT #1000525764

Jul 27, 2016

Listed (Active)

BRIGHT #1000525764

$119,000
Jan 7, 2005

Closed (Public Record)

Public Record #150889737

$207,900
DateEvent & SourcePrice
05/24/2024

Closed

BRIGHT #MDWO2018900

$254,900
05/23/2024

Closed (Public Record)

Public Record #1535115101

$254,950

+23.4% / yr

04/27/2024

Pending

BRIGHT #MDWO2018900

04/27/2024

Active Under Contract

BRIGHT #MDWO2018900

04/23/2024

Listed (Active)

BRIGHT #MDWO2018900

04/02/2024

Active Under Contract

BRIGHT #MDWO2018900

02/13/2024

Listed (Active)

BRIGHT #MDWO2018900

$269,900
11/27/2020

Closed (Public Record)

Public Record #684664565

$122,500

+5.0% / yr

11/27/2020

Closed

BRIGHT #MDWO117484

$122,500
10/20/2020

Pending

BRIGHT #MDWO117484

10/16/2020

Listed (Active)

BRIGHT #MDWO117484

$125,000
03/01/2017

Closed

BRIGHT #1000525764

$102,000
02/23/2017

Closed (Public Record)

Public Record #591640377

$102,000

-5.7% / yr

12/22/2016

Pending

BRIGHT #1000525764

07/27/2016

Listed (Active)

BRIGHT #1000525764

$119,000
01/07/2005

Closed (Public Record)

Public Record #150889737

$207,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 200 59th Street, Unit 508

Taxable ValueLand-Additions-Total-
Tax Record2023$1,507 ($126 / month)
Home Facts
Beds0Baths1Total Finished SqFt486 SqFtAbove Grade Finished SqFt486 SqFtStyleCondominiumYear Built1989ZoningB-1CountyWORCESTERAPN10-369843Fireplace TypeHas Fireplace

Schools near 200 59th Street, Unit 508

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate, Inc.

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/24/2024 09:56 AM