8 Olive Avenue #205, Rehoboth Beach, DE 19971-2864 $624,000

Beds/Baths: 1/1
Acreage:
Age:55 years
Style:
Coastal
MLS#: DESU2075476
Subdivision: North Rehoboth
Design/Type:
Unit/Flat/Apartment

Description

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 courtyard’s 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 restrooms—all designed for your convenience. With Rehoboth’s 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.

Taxes: $788
Home Assoc: No
Condo Assoc: $6,390/Annually
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Cape Henlopen

Features

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit

Garage/Parking
Off Street

Interior
Combination Dining/Living

Exterior
Balcony, Outside Shower, Sidewalks

Contact Information

Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net

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Listing data as of 3/15/2025.