8 OLIVE AVE #111, Rehoboth Beach, DE 19971
8 OLIVE AVE #111, Rehoboth Beach, DE 19971
8 OLIVE AVE #111, Rehoboth Beach, DE 19971
8 OLIVE AVE #111, Rehoboth Beach, DE 19971
8 OLIVE AVE #111, Rehoboth Beach, DE 19971
8 OLIVE AVE #111, Rehoboth Beach, DE 19971
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Listed by Kim Hitchens • Dave McCarthy & Associates, Inc.
$ 997,900
Est. payment | /mo

2 Beds

2 Baths

750 SqFt


Save
$ 997,900
Est. payment | /mo
Save

2 Beds

2 Baths

750 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $1,330

Subdivision North Rehoboth

MLS Listing ID DESU2107836

Style Coastal

Bedrooms 2

Full Baths 2

Condo Fees $3,290/qua

HOA Y/N N

Abv Grd Liv Area 750

Year Built 1970

Annual Tax Amount $2,342

Tax Year 2025

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

Ocean View - Ocean Block & Rarely Offered - this 2 bedroom, 2 bath condo is ready for it's new owner. Located on the first floor, this unit can be accessed through the lobby, or through a secondary entrance located on the side of the building. The first floor condo is offering a updated kitchen with SS appliances, quartz countertops & undercounter LED lighting, dining & living area with fireplace and also a Queen size murphy bed along with a great patio area off the living area. In the dining area you will note a beautiful 16ft floor to ceiling window allowing a lot of natural lighting to flow in. On the first floor there is also a nice sized storage/pantry closet. Where the fireplace is located offers additional storage as well. The 2nd floor offers a primary bedroom w/ full bath along with a covered balcony overlooking the courtyard with Koi pond and also the ability to enjoy sunset views. Enjoy the 2nd covered balcony on the upper level with a great view of the Atlantic Ocean and the famous Rehoboth Beach Boardwalk. Guest bedroom with access to the hall bath. Both bathrooms have been updated. New electric box - 2 zone heating and AC have been within the last 3 years. 4 Storm Shutters were added to protect you from the elements or simply as added protection through a storm. Freshly painted! Enjoy one parking space in the secure underground heated garage. Patrician Towers has a welcoming courtyard with Koi pond, a great place to gather with friends and family before an evening out. After a day on the beach, take the elevator up to the roof top pool with panoramic views of the ocean, boardwalk and the city. Sunrises and sunsets from there are not to be missed. If you enjoy biking, Rehoboth is home to the Breakwater Junction Trail, known for its natural beauty and proximity to historic Lewes and beyond. Bike storage is located in the garage. In recent years, Patrician Towers has undergone major renovations to the building to maintain its structural integrity, improve appearance and protect the investment of its owners. These include new aluminum awnings; aluminum railings, balcony and walkway coating; brick pointing; concrete repairs; caulking; soffit coatings; drip edge replacement and more! All phases were completed prior to May, 2023. There is a 1% Capital Contribution Fee at the time of closing.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Direction North

Interior

Interior Features Bathroom - Tub Shower, Bathroom - Walk-In Shower, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Dining Area, Kitchen - Efficiency, Recessed Lighting, Upgraded Countertops, Window Treatments

Hot Water Electric

Heating Central, Heat Pump(s)

Cooling Central A/C, Ceiling Fan(s)

Fireplaces Number 1

Fireplaces Type Electric, Heatilator

Inclusions See Inclusion list attached

Equipment Built-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Refrigerator, Water Heater

Furnishings Partially

Fireplace Y

Appliance Built-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Refrigerator, Water Heater

Heat Source Geo-thermal

Exterior

Parking Features Inside Access

Garage Spaces 1.0

Utilities Available Cable TV

Amenities Available Common Grounds, Elevator, Fencing, Laundry Facilities, Pool - Outdoor, Security

Water Access Y

View Ocean

Accessibility None

Total Parking Spaces 1

Garage Y

Building

Story 2

Unit Features Mid-Rise 5 - 8 Floors

Above Ground Finished SqFt 750

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cape Henlopen

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Management,Pest Control,Pool(s),Reserve Funds,Water,Sewer

Senior Community No

Tax ID 334-14.14-31.00-111

Ownership Fee Simple

SqFt Source 750

Security Features Main Entrance Lock,Monitored,Security Gate

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

Bright MLS (BMLS)

Nearby Locations

Melissa Yates

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(443) 413-3397

melissa-yates@kw.com

231 Najoles Rd, Millersville, MD, 21108, USA

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8 OLIVE AVE #111