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$2,990,000
805 Coastal Hwy, Fenwick Island, DE 19944
11 Beds
7 Baths
6,300 sqft

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Ultimate Investment Opportunity! Oceanblock home featuring 3 separate condos that can be rented together or separately. Each property features open floor plans, hardwood floors, gas fireplace, full kitchens with granite countertops, and stainless steel appliances. The penthouse features 5 bedrooms and a roof top deck with panaramic ocean and bay views. The lower floor features 2 separate condos each with 3 bedrooms. All condos are connected by an indoor stairwell and shared elevator. The ground level features plenty of parking, grill area, and outdoor living space. All properties are professionally decorated and in very good condition. Past rental income has exceeded $200K annually. Located in the heart of Fenwick Island on the ocean side and just a short walk to the beach, restaurants, mini golf, water park, and shopping. Offered fully furnished and turn key. Must honor 2022 rentals. Don't miss this opportunity to own a special property in Fenwick Island.
  • Price:
  • $2,990,000
  • Bedrooms:
  • 11
  • Full Baths:
  • 6
  • Half Baths:
  • 1
  • Square Footage:
  • 6,300
  • Acreage:
  • 0.15
  • Year Built:
  • 2009
  • Listing ID #:
  • DESU2008062
  • Street Address:
  • 805 Coastal Hwy
  • City:
  • Fenwick Island
  • State:
  • Delaware
  • Postal Code:
  • 19944
  • County:
  • Sussex
  • Community:
  • Baltimore Hundred (31001)
  • Subdivision:
  • None Available
  • Listing Status:
  • Active
  • Listing Type:
  • Residential
2
out of 5

Sussex Central High School
Public
School Grade Level 9-12
School Students 1585 students
School Teachers 15 student/
teacher
  • Building Condition:
  • Good
  • Dwelling Type:
  • Detached
  • Ease Of Access:
  • Elevator
  • Exterior Features:
  • Exterior Lighting, Sidewalks, Street Lights
  • Finished Above Ground Square Footage:
  • 6300
  • Finished Square Feet:
  • 6300
  • Fireplace:
  • Gas/Propane
  • Fireplace:
  • Yes
  • Flooring:
  • Carpet, Ceramic Tile, Hardwood
  • Foundation:
  • Pilings
  • Furnished:
  • Yes
  • Interior Features:
  • 2nd Kitchen, Ceiling Fan(s), Elevator, Floor Plan - Open, Primary Bath(s), Sprinkler System, Wainscotting, Walk-In Closet(s), Window Treatments
  • Other Buildings:
  • Above Grade, Below Grade
  • Square Footage Source:
  • Estimated
  • Stories:
  • 2
  • Style:
  • Coastal, Dwelling W/Separate Living Area
  • Total Building Square Footage:
  • 6300
  • Windows:
  • Energy Efficient, Insulated, Screens
  • Year Built:
  • 2009
  • Year Built Source:
  • Estimated
  • Approximate Lot Size Range Source:
  • Estimated
  • Conforms To Zoning:
  • Q
  • Lot Square Footage:
  • 6499.00
  • Days On Market:
  • 44
  • On Market Date:
  • 2021-10-21
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Terms:
  • Cash, Conventional
  • Building Name:
  • None Available
  • District:
  • East Of Rt 1
  • In City Limits:
  • Yes
  • Subdivision:
  • None Available
  • City Taxes:
  • 700.00
  • County Taxes:
  • 478.00
  • Price Per Square Foot:
  • 474.60
  • Property Taxes:
  • $4,761
  • Tax Year:
  • 2018
  • Full Bathrooms On Main Level:
  • 2.00
  • Full Bathrooms On Upper Level:
  • 5
  • Laundry:
  • Main Floor, Upper Floor
  • Parking Description:
  • Under Home Parking
  • Parking Spaces:
  • 12
  • Parking Type:
  • Driveway, Off Street
  • Pool Description:
  • No Pool
  • Appliances:
  • Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Central A/C
  • Electricity:
  • 200+ Amp Service
  • Existing Water:
  • Public
  • Heating:
  • Central
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Electric
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$

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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Realty Mark Associates-Newark
  • © 2021 BRIGHT, All Rights Reserved BRIGHT

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