200 59th Street Unit 420 Ocean City, MD 21842
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.
property details
Interior Features
Electric Oven
Dishwasher
Microwave
Exterior Features
Utility & Building Info
Heat Pump
Price History
| date | event | price | source |
|---|---|---|---|
|
06/02/2026
06/02/2026
|
Sold |
$195,000
|
Bright MLS (MDBMLS-R) |
|
05/15/2026
05/15/2026
|
Pending |
$215,000
|
Bright MLS (MDBMLS-R) |
|
03/14/2026
03/14/2026
|
Active |
$215,000
|
Bright MLS (MDBMLS-R) |
Market Trends
Source: Constellation1
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