2 months on rocket

200 59th St Unit 508, Ocean City, MD, 21842

$269,900

Home List Price

$3,205*

Closing Credit

1 Bedroom
1 Full Bath
486 SqFt
$555/SqFt
Condo
Schools Nearby

Location

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200 59th St Unit 508, Ocean City$269,900

Buyer Closing Credits

$3,205*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1989
HeatingForced Air
CoolingCentral Air
ViewBay
MLS #MDWO2018900
StatusActive
(ACTIVE)

About 200 59th St Unit 508

Rare opportunity to buy a newly renovated condo in the Coconut Malorie Resort on 59th Street. Great mid town location, close to many of OC's finest restaurants & attractions, and only 2 blocks to the beach. This condo features an open floor plan, soaring high ceilings, west facing balcony with panoramic views & amazing sunsets. Recent renovations include new kitchen with white self close cabinets, quartzite counters, glass back splash, stainless steel appliances, new drop in sink & faucet, all new interior doors, 70" ceiling fan, Hunter Douglas room darkening blinds, ship lap above cabinets, recessed lighting in great room & bedroom, luxury vinyl plank flooring throughout, and fresh paint. The bathroom is fully tiled with jetted tub. Ownership at the Coconut Malorie includes an outside pool, hot tub, game room, billiard room, fitness center with views of the ocean & bay, 2 elevators, ample parking, huge lobby for relaxing, on site security, and front desk agent. The HOA fee includes all utilities-water, sewer, heat & AC, cable TV & trash. The building recently underwent a $1.7 million dollar renovation in 2023 including a new water cooling tower & Chiller, stucco work, exterior painting, & lobby & pool updates. Whether you're seeking a permanent residence, vacation getaway or investment property, this property checks all of the boxes. It has a million dollar view at a fraction of the cost!!! Don't miss the opportunity to own at this condo. Call today for your private showing. Furnishings are negotiable.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1989
  • Stories: 1
  • Living Area: 486 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 520-2707
  • Listing Agent: Timothy D Meadowcroft

Interior Features

Interior Information:

  • Appliances: Microwave, Cooktop, Exhaust Fan, Refrigerator
  • Basement: No
  • Flooring Type: Ceramic Tile, Laminate Plank
  • Interior: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Efficiency, Upgraded Countertops, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Bay

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Stephen Decatur High School, Public District Grades 9-12
  • Stephen Decatur Middle School, Public District Grades 7-8
  • Berlin Intermediate School, Public District Grades 4-6
  • Ocean City Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Bayside between 59 and 60

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,900
  • Price Per SqFt: $555/SqFt
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Housing Market Comparison

See how this home compares to others in Ocean City, MD.

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Ocean City, MD

City

Med. Sold Price

$440.2K

Med. Price/SqFt

$432

Avg. Days On Market

45

# of Sold Homes

89

200 59th St Unit 508 vs Ocean City

74 DAYS ON ROCKET

+29 Days

$269,900

-$170.3K Less

$555/SqFt

+$122 More

KEY TAKEAWAY

This property is $170.3K less than the Median Sold Price and $122/SqFt more than other homes in Ocean City, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2018900

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 520-2707
  • Listing Agent: Timothy D Meadowcroft

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1903278
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.26 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1903279
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.24 miles

  • Public District Grades 7-8

school-card-donut-1903280
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.51 miles

  • Public District Grades 4-6

High School

school-card-donut-1903281
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.22 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,043. Most Ocean City, MD residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 200 59th St Unit 508

What is the listing price of this property?

The listing price of 200 59th St Unit 508 property is $269,900.

What type of property is this?

The property 200 59th St Unit 508 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 200 59th St Unit 508 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 200 59th St Unit 508 are:
Ocean City Elementary School: GreatSchools Rating 10/10
Stephen Decatur Middle School: GreatSchools Rating 8/10
Berlin Intermediate School: GreatSchools Rating 7/10
Stephen Decatur High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 200 59th St Unit 508 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 200 59th St Unit 508 is 486 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 200 59th St Unit 508 is 1989.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›200 59th St Unit 508

This home is located at 200 59th St Unit 508 in Ocean City, MD and zip code 21842. This 486 square foot home was built in 1989. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $269,900.

Over 12 listings were sold over their listed price in March 2024 in Ocean City, MD. In the same period over 61 listings were sold below the listed price and 16 listings were sold for the listed price. Between February 2024 and March 2024, Ocean City, MD real estate market has seen increase in the number of listings by 9.3%. While the average time on the market in March 2024 was 45 days, the median list price was $440,233.

From Rocket Homes Real Estate and based on county public records data.

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