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Pumsu Lim

stagesite-2.test@chime.me +1(506) 970-3459

$ 215,000

Est. payment | -/mo

1 Bed

1 Bath

954 SqFt

Save

$ 215,000

Est. payment | -/mo

Save

1 Bed

1 Bath

954 SqFt

Open House

Sun Mar 29, 2:00pm - 4:00pm

Key Details

Property Type Condo

Sub Type Unit/Flat/Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 954 sqft

Price per Sqft $225

MLS Listing ID MDWO2037004

HOA Fees $3,618/qua

Financing Cash

Style Coastal

Subdivision None Available

Bedrooms 1

Full Baths 1

Short Sale No

HOA Y/N Y

Originating MLS BRIGHT

Property Description

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.

Location

State MD

County Worcester

Area Bayside Waterfront (84)

Zoning B-1

Rooms

Main Level Bedrooms 1

Interior

Interior Features Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Elevator, Kitchen - Eat-In, Bathroom - Soaking Tub

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C, Ceiling Fan(s)

Inclusions All furnishings as seen

Equipment Dishwasher, Microwave, Oven/Range - Electric

Furnishings Yes

Fireplace N

Appliance Dishwasher, Microwave, Oven/Range - Electric

Heat Source Electric

1-purchase type For Sale

Exterior

Utilities Available Cable TV, Electric Available, Water Available

Amenities Available Billiard Room, Cable, Concierge, Elevator, Exercise Room, Fitness Center, Game Room, Laundry Facilities, Pool - Outdoor, Security

Waterfront N

Water Access N

Accessibility Elevator

Parking Type Parking Lot

Building

New Construction N

Story 1

Unit Features Mid-Rise 5 - 8 Floors

Lot Dimensions 0.00 x 0.00

Sewer Public Sewer

Water Public

Architectural Style Coastal

Story 1

Additional Building Above Grade, Below Grade

Schools

School District Worcester County Public Schools

Others

HOA Fee Include Air Conditioning,Cable TV,Common Area Maintenance,Electricity,Ext Bldg Maint,Laundry,Lawn Care Front,Lawn Care Rear,Lawn Care Side,Lawn Maintenance,Pool(s),Trash,Water,Pest Control,Insurance

Senior Community No

Pets Description Number Limit

Tax Amount $2,225

Tax Year 2024

Tax ID 2410369762

Ownership Fee Simple

SqFt Source 954

Acceptable Financing Cash

Special Sale Standard

Pets Allowed Y

testyfx76

Listed by Wendy Wisch • Berkshire Hathaway HomeServices PenFed Realty - OP

200 59TH ST #420 Ocean City, MD 21842