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$95,000   Price Analysis
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1 Read Ave Unit 303D
Dewey Beach, DE 19971
0 bed 1 bath 476 SqFt ($199/SqFt)
Built 1988
Listed 2024-06-13, HOA $415
USDA Eligible
near Midway, DE
 

Now is the perfect time to seize this opportunity!

Imagine yourself on the ocean, enjoying one of the best views in the Royal Surf Club Hotel located in Dewey Beach. Become a part owner of this pretty condominium efficiency and experience the benefits that come with ownership. As a part owner, you will have the flexibility to use your unit for one full week every month. Whether you choose to use it yourself or let the hotel book it, the choice is yours. The revenue generated from this week will go into a rental pool, which will include revenue from the first and second floor units ie .103 and 203.

The days you won't receive revenue during your monthly week are the days you decide to use it personally. This waterfront prope rty offers the convenence of restaurants and, live entertainment all close by, including the Jolley Trolley. Take advantage of this transportation option to explore Rehoboth and save on parking expenses. I cannot stress enough what an incredible opportunity this is, so don't hesitate. Your dream beachfront property awaits you. Contact us for more information and financial details are available upon request.


Presented by Maria Bennett at
Iron Valley Real Estate at The Beach.
Listing Agent Photo

Property MLS #DESU2064232 from BrightMLS

Bedrooms: 0

Total Bathrooms: 1
Full Bathrooms: 1

Cooling Features: Central A/C
Heating Features: Wall Unit
Heating: Yes

Washer Dryer Hookup: No

Garage Features: Covered Parking
Parking Features: Parking Garage Spaces: 10, Parking Garage
Parking Total: 10

Association: No
Association Fee: 415
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 415

School District: CAPE HENLOPEN

Rehoboth Elementary School is a public elementary school located approximately 1.4 miles away.
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Cape Henlopen High School is a public high school located approximately 6.1 miles away.
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Mariner Middle School is a public middle school located approximately 13.9 miles away.
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Annual Tax Amount: 446.0
Source Listing Status: Active
County: SUSSEX
Disclaimer: Standard
Ownership: Fractional
Source Property Type: Residential
Area: SUSSEX
Property Subtype: condo
Postal Code Plus 4: 2311
Timeshare: Yes
Source System Name: C2C

Listed 2024-06-13
$95,000
BrightMLS

Total Square Feet Living: 476
Year Built: 1988
Above Grade Finished Area: 476
Building Name: The Surf Club
Construction Materials: Frame, Aluminum Siding
Property Age: 36
Levels or Stories: 3
Structure Type: Unit/Flat/Apartment
House Style: Coastal
Total Area Sqft: 476
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.