200 59th St , #308

Ocean City, MD 21842

Welcome To Your Ideal Ocean City Getaway At Coconut Malorie, Where Over A Million Dollars In Recent Building Renovations Make This Property A Fantastic Investment And An Incredible Place To Unwind. Located In A Prime Midtown Location, This 1-bedroom, 1-Bath Condo Offers The Perfect Blend Of Convenience And Luxury, Just A Short Distance Away From The Sand And Surf.Enjoy Breathtaking Nightly Sunsets And Panoramic Views Without The Million-Dollar Price Tag! This All-Tile Unit Features A Convenient Kitchenette, Making It Ideal For Both Personal Use And Potential Rental Income. Current Owners Produce A $30K Income Per Year Renting Via VRBO & Air BNB. With One Simple Monthly Fee, You Can Leave The Worries Of Utility Bills Behind. The Fee Covers Water, Sewer, Electric, Hazard Insurance, Trash Removal, Parking, And Access To Exceptional Community Amenities That Include Game Room, Billiards, Library, Outdoor Pool, Fitness Area & Cable! Easy To Show/PRICED TO SELL! NOTE: Dues will go up to $1,007.71 per month in 2025 & a Special Assessment of $18,000.00. SELLER'S ARE WILLING TO GIVE A CREDIT OF $12,000.00 to Buyers with acceptable offer to offset these new costs.