$ 220,000
-
$220,000
Price -
1
Bed -
1
Bath -
486
SqFt
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About the Listing REFC2 - 3365432
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!
Listing Highlights for 200 59th St Unit 506
Status
Active
Days on Site
60
Property Type
Condo
MLS ®
MDWO2031902
Year Built
1989
Total Square Footage
486
Lot/Acreage
0.00 x 0.00
County
Worcester
Building Name
COCONUT MALORIE RESO
Neighborhood
None Available
HOA Dues
1008/Monthly
School District
Worcester County Public Schools
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 486
- Below Ground Sq Ft: 0
- Basement:
- Other: Cats OK,Dogs OK,Pets Allowed,Main Floor Bedrooms: 1
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: 0.00 x 0.00
- Zoning: B-1
- Roof:
- Others: Billiard Room,Cable,Elevator,Exercise Room,Game Room,Laundry Facilities,Pool - Outdoor,Security,Cable TV,Common Area Maintenance,Electricity,Ext Bldg Maint,Gas,High Speed Internet,Lawn Maintenance,Pest Control,Recreation Facility,Snow Removal,Trash,Water
- Sewer: Public Sewer
- Parking Features: Assigned,On Street,1+ Spaces
Financial Details
- Tax Amount: $1,689
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
200 59th St Unit 506 Ocean City, MD 21842
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