200 59th St #506, OCEAN CITY, MD

$220,000

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1

Bed

1

Bath

486

Square feet

About 200 59th St #506

ATTENTION INVESTORS & BUYERS SEEKING GUARANTEED INCOME! Discover this stunning top-floor unit at Coconut Malorie, offering breathtaking views of the bay, Fager’s Island, and the Route 90 bridge. This beautifully furnished 5th-floor condo features soaring vaulted ceilings and is move-in ready for your personal enjoyment or rental income. The building boasts resort-style amenities, including daily morning coffee in the lobby, a billiard room, fitness center, bayside outdoor pool, garage parking, front desk assistance, on-site management, and more. The comprehensive condo fee covers high-speed internet, cable, gas, water, electricity, trash, and building maintenance—allowing for a truly worry-free experience. Exciting updates are planned to modernize the building, further enhancing its value. Enjoy an unbeatable location within walking distance to Fager’s Island and steps from Route 90, making summer travel a breeze without the Coastal Highway traffic. Please note: A one-year annual lease must be honored. The unit is rented from May 1, 2025, through April 30, 2026, with a possible two-year extension—providing you with immediate, guaranteed rental income. Don’t miss this exceptional investment and lifestyle opportunity! Bundled service pricing available for buyers. Connect with the listing agent for details!

Features of 200 59th St #506

MLS® # MDWO2031902
Price $220,000
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 486
Acres 0.00
Year Built 1989
Type Residential
Sub-Type Condo, Unit/Flat/Apartment, Mid-Rise 5 - 8 Floors
Style Condo/Unit
Status Active

Community Information

Address 200 59th St #506
Area Bayside Waterfront (84)
Subdivision NONE AVAILABLE
City OCEAN CITY
County WORCESTER-MD
State MD
Municipality Ocean City
Zip Code 21842

Amenities

Parking Spaces 1
Parking Assigned
Is Waterfront No
Has Pool Yes

Interior

Heating Central
Cooling Central A/C
Has Basement No
Fireplace No
# of Stories 1
Stories 1 Story

School Information

District WORCESTER COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed July 10th, 2025
Days on Market 102
Zoning B-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRedfin Corp
Contact Info3016586186

Listing Map

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