ON 11-02-08, PRICE WAS DRAMATICALLY REDUCED TO $198,000.00 FIRM.  MINUS $33,000.00 IN RECENT RENOVATIONS, NET IS $165,000.00.  WHAT A BUY!!!!  Beautiful, stylist and roomy one bedroom / one bath, waterview, top floor condo, located in the Marylander at 6 - 127th St. in Ocean City, Maryland.  This hotel is convienently located only 70 steps from the Atlantic Ocean beach and directly across Ocean Highway from Ocean City's largest park - NorthSide Park, known for its special events, sports tournaments, public crabbing and fishing pier and boat launch.  The unit, #408, is a top floor unit and has an ocean view from its balcony.  Features include newly installed tile and pergo floors, heated, indoor swimming pool, elevators, off street parking, full kitchen, washer and dryer, cable TV with optional HBO Show Time, and is offered fully furnished.  The hotel is open year around and has on-site managment with a front desk in the lobby.  The unit has an excellent rental history with reasonable condo fees that include insurance and cable.  This is one of the very best units at the Marylander and yet, the lowest priced for sale.  Two other units are listed for sale as shown on www.realtor.com for $264,900 (MLS #433851) and $239,900 (MLS #444772).   OWNER RECENTLY PAID $27,000.00 FOR HIS PART IN A TOTAL EXTERIOR PROTECTION / BEAUTIFICATION PROJECT.  THE MARYLANDER WILL BE ONE OF THE PRIMIER OCEAN CITY DESIGNATIONS FOR YEARS TO COME.  THIS CONDO IS A MUST SEE AND AN EXCELLENT VALUE.  For more information, check out the hotel's website at www.marylandercondo.net.