Rehoboth Beach, DE 19971,20920 SOUTH AVE
Rehoboth Beach, DE 19971,20920 SOUTH AVE
Rehoboth Beach, DE 19971,20920 SOUTH AVE
$900,000
Est. payment /mo
$1,100,000
18.2%
Est.Price: ?

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5 Beds
4 Baths
2,400 SqFt
SOLD DATE : 05/25/2023

Key Details

Sold Price $900,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $375

Subdivision Poynters Addition

MLS Listing ID DESU2029470

Sold Date 05/25/23

Style Contemporary,Dwelling with Rental,Raised Ranch/Rambler

Bedrooms 5

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 2,400

Originating Board BRIGHT

Year Built 1982

Annual Tax Amount $1,421

Tax Year 2022

Lot Size 5,009 Sqft

Acres 0.11

Lot Dimensions 50 x 100

Property Description

Dewey Beach INVESTMENT OPPORTUNITY ! One of few Opportunities to own this close to The Atlantic ! 2 Houses in One ! No Lease Land Here— Just 3 blocks to the beach with Carolina St Access and walking distance to Dewey Nightlife on South Avenue. The top unit has 2 BR / 2 BA and the Bottom has 3 BR/ 2 BA, each with its own kitchen and living room area. Bottom rental has received up to $25k for the season but could be much more with weekly rentals on VRBO, as surrounding properties get $3500 and up / weekly. Top unit could do comparable to the bottom unit or more. Walk to the beach and all of Dewey Beach attractions. Only 8 short blocks to The Starboard. Get in before the start of the summer season and save some weeks for yourself, you’ll be glad you did! Check it out today and start your own, “ Dewey Way of Life!”

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning RESIDENTIAL

Direction East

Rooms

Main Level Bedrooms 3

Interior

Interior Features 2nd Kitchen, Additional Stairway, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Primary Bath(s), Walk-in Closet(s)

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C, Heat Pump(s)

Flooring Carpet, Ceramic Tile, Hardwood

Equipment Dishwasher, Dryer - Electric, Oven - Self Cleaning, Stainless Steel Appliances, Water Heater

Appliance Dishwasher, Dryer - Electric, Oven - Self Cleaning, Stainless Steel Appliances, Water Heater

Heat Source Electric

Exterior

Exterior Feature Deck(s), Patio(s)

Garage Spaces 8.0

Utilities Available Cable TV Available

Water Access N

View Street

Roof Type Architectural Shingle

Accessibility None

Porch Deck(s), Patio(s)

Total Parking Spaces 8

Garage N

Building

Lot Description Interior, Rear Yard

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Dwelling with Rental, Raised Ranch/Rambler

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Rehoboth

Middle Schools Beacon

High Schools Cape Henlopen

School District Cape Henlopen

Others

Senior Community No

Tax ID 334- 20.13-23.01

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by JOSEPH LINGO • Patterson-Schwartz-Rehoboth
Bought with JOSEPH LINGO • Patterson-Schwartz-Rehoboth
agent-avatar

"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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