1 Read Avenue #303D, Dewey Beach, DE 19971-2311 $89,900

Beds/Baths: 0/1
Interior Sq. Ft: 476
Acreage:
Age:36 years
Style:
Coastal
MLS#: DESU2064232
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment

Description

Don't wait because Now is the perfect time to seize this opportunity! Imagine yourself on the ocean, enjoying one of the best views of the Beach. Become a part owner of this beautiful 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 all ten of the ocean front units. The only days you won't receive revenue during your monthly week are the days you decide to use it personally. This waterfront property offers the convenience 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.

Taxes: $446
Home Assoc: No
Condo Assoc: $415/Monthly
Garage: Y
Basement: N
Pool: Yes - Community
School Dist: Cape Henlopen

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Dewey Beach; Water Body Type: Ocean; Types of Use: Public Beach, Public Access; Navigable: No;

Utilities
Wall Unit Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Parking Garage, Covered Parking

Exterior
Aluminum Siding, Frame Exterior, BBQ Grill, Exterior Lighting, Outside Shower, Street Lights

Lot
Ocean View

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 (2 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 1.45 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 4.63 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 4.4 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: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

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: 13,739
Households: 7,009
Median Age: 59.90

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: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

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).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Iron Valley Real Estate at The Beach , (302) 541-8787, sherricustodio@gmail.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 10/31/2024.

1 Read Avenue #303D, Dewey Beach, DE 19971-2311

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.