200 59 St, Ocean City, Maryland 21842 $149,900

Price
$149,900
Bed
1
Bath
1
Sq. Ft
486.00
Town
Ocean City
MLS
495161
Building Name
Coconut Malorie Resort
Unit #
209
Subdivision
N/a
Property Type
A
Foreclosure/REO
No
Short Sale
No

Beautifully furnished 1 bedroom 1 bath luxury condo with terra cotta flooring. This is a full service condo/hotel with front desk service 24/7 year-round. The condo fee includes everything (that is usually separate) in one lump fee (cable TV, wifi, phone, electric, trash, water, flood & hazard ins & sewer fees) Large pool and hot tub. Pool table, game room, library in penthouse. Fitness center on top floor with views of ocean and bay. Ample parking. Great location. 5% ROI with 2014 gross rental income of $22,157, net of $6,693. Where else can you get ROI like that?

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Additional Details

Porch/Deck Type
Rear
Water/Sewer
Public Central Sewer,public Central Water
List Date
2015-02-03
MLS Area
Worcester East Of 113
Annual City Tax
$570
Annual St/Cnty Tax
$1,098
Cumulative DOM
839
Agent Days On Market
839
Orig. List Price
$149,900
Dwelling Sq. Footage
486.00
Year Built
1989
Lot Acres
0.00
Fed Flood Ins Avail.
Yes

Exterior Features

Exterior Type
Concrete Block,stucco
Exterior Features
Balcony(s),catv,handicap Access,hot Tub/spa,insulated Windows,off Street Parking,screens,storm Doors,storm Windows,under Home Parking
Pool Type
Outdoor
Garage (# of Spaces)
1.00
Deeded Dock
No
Pool
Yes
Garage Type
Attached
Waterfront
Yes
Waterview
Yes

Interior Features

Interior Feature
1st Floor Bed & Bath,alarm System,ceiling Fan(s),handicap Equipped,hot Tub/spa,sprinkler System,whirlpool Tub,window Treatments
Primary Heat Type
Heat Pump
Air Conditioning
Central Air
Appliances
Dishwasher,microwave,refrigerator/freezer,wall Ovn &/or Cooktp
Inclusions
Drapery/curtain Rods,drapes/curtains,shades/blinds
© 2017 Coastal Association of REALTORS All rights reserved. All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction. Real estate listings held by brokerage firms other than Atlantic Shores Realty, LLC. are indicated here. Listing courtesy of Michael D Foelber, Rutherford Realty. Site maintained by Ryan T. Haley, Broker of Atlantic Shores Realty. Office: (410) 524-0919 | This email address is being protected from spambots. You need JavaScript enabled to view it.