$95,000 Price Analysis 1 Read Ave Unit 303DDewey Beach, DE 19971 0 bed 1 bath 476 SqFt ($199/SqFt) Built 1988 Listed 2024-06-13, HOA $415 | ✓ USDA Eligible near Midway, DE |
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.
Property MLS #DESU2064232 from BrightMLS
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.