Rehoboth Beach, DE 19971 8 Olive Avenue # 205

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Presented By: Keller Williams Realty Delmarva
  • MLS# DESU2075476
  • 12/11/2024
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  • Beds • 1
  • Baths • 1

Home Details

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 courtyards 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 restroomsall designed for your convenience. With Rehoboths 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.
Presented By: Keller Williams Realty Delmarva

Interior Features for 8 Olive Avenue # 205

Bedrooms

Main Level Bedrooms1
Total Bedrooms1

Bathrooms

Total Baths1

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area0
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area0
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesCombination Dining/Living
Laundry TypeDryer In Unit, Washer In Unit

Other Rooms

Entry Level2

General for 8 Olive Avenue # 205

AccessibilityOther
AppliancesDishwasher, Microwave, Refrigerator, Oven/Range - Electric
Architectural StyleCoastal
Association AmenitiesElevator, Pool - Outdoor
Association Fee IncludesCustodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Pest Control, Reserve Funds, Water
AssociationName2Patrician Towers Owners Inc.
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
Building NamePatrician Towers
CityREHOBOTH BEACH
Condo/Coop Association Y/NYes
Construction MaterialsOther
Cool FuelElectric
CoolingCentral A/C
CountySUSSEX
DirectionsFrom Rehoboth Ave, slight left on Lake Ave, continue onto Maryland Ave, left on 2nd St, right on Olive Ave, cross over 1st St, building will be on the right.
ExclusionsNone
Full Baths1
Garage Y/NNo
HOANo
HOA Fee 26390.00
HOA Fee 2 FrequencyAnnually
HeatingForced Air
Home Warranty Y/NNo
Legal SubdivisionNORTH REHOBOTH
Levels1
MLS AreaLewes Rehoboth Hundred (31009)
ModificationTimestamp2025-03-07T09:14:43
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipCondominium
Patio/Porch FeaturesBalcony
PossessionSettlement
Property TypeResidential
School DistrictCAPE HENLOPEN
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeUnit/Flat/Apartment
Subdivision NameNORTH REHOBOTH
Sussex DE QuadrantsEast of Rt 1
Tax Annual Amount788.0
Tax Assessed Value11500.0
Tax Year2024
Total Actual Rent17850.00
Total SQFT0
Unit Number205
Vacation Rental Y/NYes
Water Access Y/NNo
Waterfront Y/NNo
Year Built1970
Year Built SourceEstimated
ZoningR

Exterior for 8 Olive Avenue # 205

Exterior AmenitiesOutside Shower, Sidewalks
InclusionsProperty sold as seen.
Land Use Code999
Lot Dimensions0.00 x 0.00
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Off Street - # of Spaces1
PoolYes - Community
Total Parking Spaces1
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $624,000
MLS#DESU2075476
List Date 12/11/2024
Property Type Condos
Phone 703.929.4729
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