$634,000
Bed: 1
Bath: 1
Sqft: 0
23 Days On Market -

Courtesy of Sharon Daugherty, Keller Williams Select Realtors bburris@kw.com

Status: Active
Property Type: Condominium
Year Built: 1970
Neighborhood: North Rehoboth
Days On Website: 23
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.

Features

Appliances & Equipment

  • Dishwasher
  • Microwave
  • Refrigerator
  • Oven/Range - Electric

Bathrooms

  • 1 full bathroom
  • 1 full bathroom on main level

Bedrooms

  • 1 bedroom
  • 1 bedroom on main level

Building

  • Built in 1970
  • Structure Type: Unit/Flat/Apartment
  • 1 levels
  • Coastal

Cooling

  • Central Air
  • Electric
  • Central A/C

Accessibility Features

  • Other

Exterior Features

  • Outside Shower
  • Sidewalks

Heating

  • Electric
  • Forced Air

Home Owner's Association

  • Condo/Coop Association
  • Condo/Coop Fee: $6,390
  • Condo/Coop Fee Freq: Annually
  • Elevator
  • Pool - Outdoor
  • Custodial Services Maintenance
  • Ext Bldg Maint
  • Insurance
  • Management
  • Pest Control
  • Reserve Funds
  • Water

Interior Features

  • Combination Dining/Living

Laundry

  • Dryer In Unit
  • Washer In Unit

Listing

  • 24 days on market
  • Property SubType: Condominium
  • Vacation Rental

Location

  • County: Sussex
  • MLS Area: Lewes Rehoboth Hundred (31009)
  • Subdivision: North Rehoboth

Lot

  • Lot Size Dimensions: 0.00 x 0.00

Property

  • Other Structures: Above Grade,Below Grade
  • Outdoor Living Structures: Balcony

Schools

  • School District: CAPE HENLOPEN

Sewer

  • Public Sewer

Taxes

  • City/Town Tax: $226
  • City/Town Tax Pymnt Freq: Annually
  • County Tax: $46
  • County Tax Pymnt Freq: Annually
  • School Tax: $516
  • Tax Annual Amount: $788
  • Tax Year: 2024

Utilities

  • Hot Water: Electric

Property Map

Map View


$634,000 - 8 Olive Avenue Unit 205, Rehoboth Beach, DE 19971

Street View


Directions


8 Olive Avenue Unit 205
Rehoboth Beach, DE 19971
County: Sussex

Nearby Schools

Local Sales

Matt Kellam

Broker/Owner

(717) 552-8560

This content last updated on January 3, 2025 1:02PM.