Coastal
200 59TH STREET 420
OCEAN CITY , MD 21842
MLS#: MDWO2037004
$215,000
Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
1989
Sq.Footage
954
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.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Ceiling Fan(s), Elevator, Soaking Tub
-
Total Bedrooms
1
-
Bathrooms
1
-
Above Grade Finished Area
954.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Main Level Bedrooms
1
-
Pet friendly
Number Limit, Yes
Exterior
-
Garage
No
-
Parking
Parking Lot
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
Coastal
Price
-
Sales Price
$215,000
-
Tax Amount
$2,225
-
Sq. Footage
954
-
Price/SqFt
$225
HOA
-
Association
Yes
-
Association Fee
$3,618.66
-
Association Fee Frequency
Quarterly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Accessibility Features
Accessible Elevator Installed
-
Association Amenities
Billiard Room, Concierge, Fitness Center, Game Room, Security, Cable TV, Elevator(s), Laundry
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
420
-
Water Source
Public
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Location
County
WORCESTER
Elementary School
Middle School
High School
Listing Courtesy of Wendy Wisch , Berkshire Hathaway HomeServices PenFed Realty - OP
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