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8 Olive Avenue #207, Rehoboth Beach, DE 19971-2870 $599,000

Beds/Baths: 0/1
Acreage:
Age:54 years
Style:
Other
MLS#: DESU2042100
Subdivision: North Rehoboth
Design/Type:
Unit/Flat/Apartment

Description

OCEAN BLOCK! STEPS TO BEACH AND BOARDWALK! Relaxing Coastal style, neutral tones and seaside decor await you in the cozy inviting condo. Natural light radiates through the wall of glass slider doors into the living area that lead you to the private balcony where you can relax with a view of the front courtyard and Koi pond. This condo comes fully furnished with built-in wall unit with shelving, cabinets and queen murphy bed in the living area, along with additional twin bed and large closet for storage. Extended height white cabinetry with a hand painted beach mural on the wall area seen in the kitchen. Panoramic views of the beach and boardwalk are seen from the roof top pool and sun deck. Conveniently located to all Rehoboth has to offer: restaurants, shops, amusements, bike trails. The building offers: Community Laundry room, garage parking, elevator, outdoor sand and foot shower, outdoor bathroom-change room, courtyard with koi pond and seating.

Taxes: $741
Home Assoc: No
Condo Assoc: $4,700/Annually
Buyer Agency Comp*: 2.5 % Of Gross
Garage: Y
Basement: N
Pool: Yes - Community
School Dist: Cape Henlopen
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, 150 Amps, Circuit Breakers, Common Laundry

Garage/Parking
Attached Garage, Garage - Front Entry, Attached Garage Spaces #: 1;

Interior
Built-Ins, Carpet, Combination Dining/Living, Efficiency, Floor Plan - Open, Kitchen - Galley, Accessibility - Elevator, Desk in Lobby, Exterior Cameras, Fire Detection System, Main Entrance Lock, Security System

Exterior
Block Exterior, Brick Exterior, Concrete Exterior, Balcony, Sidewalks, Street Lights

Lot
Oceanblock, City View, Courtyard View, Pond View, Wood Fence, Aluminum Fence

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (1 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.9 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.87 mi

Public High (1 schools)

School District Grades Place Distance
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 4.73 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 22
  • Average salary of people in this community: $77,942

Community Summary

  • Population Density (ppl / mile): 501
  • Household Size (ppl): 1.92
  • Households w/ Children: 12%

Housing Inventory

  • Owned: 6,346 (37.1%)
  • Rented: 899 (5.3%)
  • Vacant: 9,875 (57.7%)
  • Total: 17,120

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,922
Households: 7,245
Median Age: 60.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.6%
  • Some High School: 2.2%
  • High School Graduate: 22.6%
  • Some College: 15.3%
  • Associate Degree: 7.3%
  • Bachelor's Degree: 29.1%
  • Graduate Degree: 21.9%

Income by dollar range

Median Income: $75,846

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • One Bedroom: $1,063
  • Two Bedroom: $1,178
  • Three Bedroom: $1,724
  • Four Bedroom: $2,611

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Mann & Sons, Inc. , (302) 227-9477, bobmcvey@mannandsons.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/29/2024.

8 Olive Avenue #207, Rehoboth Beach, DE 19971-2870

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