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200 59TH Street unit: 506 506
OCEAN CITY MD 21842 US

$220,000

Active Listing ID MDWO2031902
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1 bed
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1.00 Bath (1 Full)
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Condominium

$220,000

Active Listing ID MDWO2031902
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200 59TH Street unit: 506 506 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!

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 1
  • Cooling System: Central Air
  • Heating Fuels: Central

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 220000
  • unparsedaddress: 200 59TH Street unit: 506
  • unitnumber: 506
  • postalcity: OCEAN CITY
  • stateorprovince: MD
  • country: US
  • postalcode: 21842
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 486
  • livingareaunits: Square Feet
  • latitude: 38.38325
  • longitude: -75.06922
  • listagentfullname: Danielle Marie Bullinger
  • listagentemail: danielle.bullinger@redfin.com
  • listagentkey: 3yd-TRENDPA-3365432
  • listagentmlsid: 3365432
  • listagentpreferredphone: 4103902769
  • listagentofficephone: 4103902769
  • listofficekey: 3yd-TRENDPA-REFC2
  • listagentstatelicense: 658009
  • listofficemlsid: REFC2
  • disclaimer: Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1989
  • listingcontractdate: 2025-07-10
  • listagenturl: http://www.redfin.com
  • countyorparish: WORCESTER
  • elementaryschooldistrict: WORCESTER COUNTY PUBLIC SCHOOLS
  • middleorjuniorschooldistrict: WORCESTER COUNTY PUBLIC SCHOOLS
  • highschooldistrict: WORCESTER COUNTY PUBLIC SCHOOLS
  • cooling: Central Air
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: On Street, Assigned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.06922, 38.38325
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Redfin Corporation", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"danielle.bullinger@redfin.com", "ListBrokerageCity":"Falls Church", "ListBrokerageCountry":"US", "ListBrokerageEmail":"karen.krupsaw@redfin.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Redfin Corporation", "ListBrokeragePhone":"(571) 477-1630", "ListBrokeragePostalCode":"22046", "ListBrokerageStateOrProvince":"VA", "ListBrokerageUnitNumber":"Suite 500", "ListBrokerageUnparsedAddress":"150 N Washington St.", "ListBrokerageWebsiteUrl":"http://www.redfin.com", "ListOfficeAddress1":"540 Gaither Road unit: 500 ", "ListOfficeAddress2":"Suite 500", "ListOfficeBrokerMlsId":"REFC2", "ListOfficeCity":"Rockville", "ListOfficeCountry":"USA", "ListOfficeEmail":"karen.krupsaw@redfin.com", "ListOfficePostalCode":"20850", "ListOfficeStateOrProvince":"MD", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - Other - OCEAN CITY, MD", "ListingURL":null, "MLSModificationTimestamp":"2025-07-11 00:32:32", "Neighborhoods":[{"Description":null, "Name":"NONE AVAILABLE"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1689, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/2/2025 10:21:59 PM GMT
Source Updated Date: 12/8/2025 6:43:16 AM GMT

Courtesy of: Danielle Marie Bullinger, Redfin Corp, danielle.bullinger@redfin.com

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.