Homes for sale - 8 OLIVE AVE #205, Rehoboth Beach, DE 19971

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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

$634,000

Est. payment - /mo

1 Bed

1 Bath

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UPDATED:

02/01/2025 01:39 PM

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Subdivision North Rehoboth

MLS Listing ID DESU2075476

Style Coastal

Bedrooms 1

Full Baths 1

Condo Fees $6,390/ann

HOA Y/N N

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $788

Tax Year 2024

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Property Description

LOCATION, LOCATION, LOCATION! Welcome to Patrician Towers in Rehoboth Beach, DE, where coastal charm meets an unbeatable ocean-block location that truly sets it apart. Just a short distance from the beach and boardwalk, this fully furnished corner unit offers an unparalleled beachside experience. Featuring two balconies and three sets of sliding glass doors, this bright and inviting condo seamlessly blends indoor and outdoor living, perfect for enjoying the coastal breeze and morning coffee. The light-filled living and dining area creates a warm and welcoming space for your dream retreat. Patrician Towers boasts a rooftop pool and sun deck with breathtaking panoramic views of the beach and boardwalk, offering the ultimate escape to relax and unwind. The front courtyard's tranquil koi pond with seating adds another serene retreat. Additional amenities include covered off-street garage parking, an elevator, on-site management, a laundry room, and outdoor facilities like sand showers and restrooms—all designed for your convenience. With Rehoboth's renowned restaurants, boutique shops, arcades, and scenic walking and biking trails just minutes away, this condo truly places you at the heart of everything extraordinary. Rental income for 2024 around $17,850 and 2023 rental income around $13,500.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning R

Rooms

Main Level Bedrooms 1

Interior

Interior Features Combination Dining/Living

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions Property sold as seen.

Equipment Dishwasher, Microwave, Refrigerator, Oven/Range - Electric

Furnishings Yes

Fireplace N

Appliance Dishwasher, Microwave, Refrigerator, Oven/Range - Electric

Heat Source Electric

Laundry Dryer In Unit, Washer In Unit

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Amenities Available Elevator, Pool - Outdoor

Water Access N

Accessibility Other

Porch Balcony

Total Parking Spaces 1

Garage N

Building

Story 1

Unit Features Mid-Rise 5 - 8 Floors

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cape Henlopen

Others

Pets Allowed Y

HOA Fee Include Custodial Services Maintenance,Ext Bldg Maint,Insurance,Management,Pest Control,Reserve Funds,Water

Senior Community No

Tax ID 334-14.14-31.00-205

Ownership Condominium

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

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Listed by Sharon Y Daugherty • Keller Williams Realty Delmarva

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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8 OLIVE AVE #205 Rehoboth Beach, DE 19971