Patterson-Schwartz Real Estate200 59Th Street #420, Ocean City, MD 21842-5321 $350,000
Interior Sq. Ft: 954
Acreage:
Age:35 years
Style:
Coastal
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
This unique condo is one of only two almost 1000 sq ft., 1 bedroom, 1 bath units available for sale in the Coconut Malorie Resort, on 59th St. with a walkway to one of OC’s finest restaurants, Fager’s Island. Wake up to breathtaking views of both bay and ocean from this 4th floor, open floor plan unit. It boasts high ceilings, vinyl plank flooring, soaking tub, walk-in shower, dressing area and is fully furnished. 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 boasting OVER $33,000 IN ANNUAL GROSS REVENUE
Home Assoc: No
Condo Assoc: $2,910/Quarterly
Buyer Agency Comp*: 3 % Of Gross
Basement: N
Pool: Yes - Community
Features
Utilities
Heat Pump(s), Electric, Ceiling Fan(s), Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Cable TV, Electric Available, Water Available
Garage/Parking
Parking Lot
Interior
Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Elevator, Accessibility - Elevator
Exterior
Mixed Exterior, Stick Built Exterior
Select a school from the following list. Schools are grouped by school type.
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Ocean City Elementary | Worcester County Public Schools | Preschool–4 | Ocean City | 3.24 mi |
Private (1 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| Seaside Christian Academy | Christian (no specific denomination) | Preschool–12 | Ocean City | 3.59 mi |
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This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-239-3009
Listing Courtesy of: Berkshire Hathaway HomeServices PenFed Realty-WOC , (410) 520-2600
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 5/18/2024.
