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$1,997,000
31 Olive Ave A, Rehoboth Beach, DE 19971
7 Beds
8 Baths
4,200 sqft

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A Rehoboth Beach landmark; this 7 bedroom 7.5 bath home perched at the corner of First Street and Olive Avenue has the best porch in town if you are looking to people watch or just enjoy the ocean breeze. Generous living spaces, first floor master suite, large kitchen suitable for multiple cooks, beautiful wood floors and grand staircase and just a block to the ocean make this offering perfect for family and friends or continue as a rental machine yielding over 125K per season. This is part of a 3-unit condo regime with parking for 4 cars. Home can be shown between rental change overs on Friday between 11-3. Priced determined with consideration for future second floor bathroom upgrades. Seller has continually maintained and upgraded this home.
  • Price:
  • $1,997,000
  • Bedrooms:
  • 7
  • Full Baths:
  • 7
  • Half Baths:
  • 1
  • Square Footage:
  • 4,200
  • Acreage:
  • 0.37
  • Year Built:
  • 1900
  • Listing ID #:
  • DESU183860
  • Street Address:
  • 31 Olive Ave A
  • City:
  • Rehoboth Beach
  • State:
  • Delaware
  • Postal Code:
  • 19971
  • County:
  • Sussex
  • Community:
  • Lewes Rehoboth Hundred (31009)
  • Subdivision:
  • North Rehoboth
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential
  • Basement Type:
  • Partial
  • Dwelling Type:
  • Detached
  • Exterior Features:
  • Outside Shower
  • Finished Above Ground Square Footage:
  • 4200
  • Finished Square Feet:
  • 4200
  • Fireplace:
  • Gas/Propane
  • Fireplace:
  • Yes
  • Furnished:
  • Yes
  • Has Basement:
  • Yes
  • Interior Features:
  • Attic, Entry Level Bedroom, Kitchen - Eat-In, Wood Floors
  • Other Buildings:
  • Above Grade, Below Grade
  • Square Footage Source:
  • Estimated
  • Stories:
  • 2
  • Style:
  • Victorian
  • Total Building Square Footage:
  • 4200
  • Year Built:
  • 1900
  • Year Built Source:
  • Estimated
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Q
  • Lot Description:
  • 0.00 X 0.00
  • Lot Square Footage:
  • 16117.00
  • Days On Market:
  • 61
  • On Market Date:
  • 2021-07-14
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Building Name:
  • None Available
  • District:
  • East Of Rt 1
  • In City Limits:
  • Yes
  • Subdivision:
  • North Rehoboth
  • City Taxes:
  • 1034.00
  • Condo Owners Association Fee Payment Frequency:
  • Annually
  • Condo Owners Association Fee Y/N:
  • Yes
  • Condo Owners Association Fees:
  • $5,040
  • County Taxes:
  • 156.00
  • Price Per Square Foot:
  • 475.48
  • Property Taxes:
  • $2,677
  • Tax Year:
  • 2020
  • Full Bathrooms On Main Level:
  • 3.00
  • Full Bathrooms On Upper Level:
  • 5
  • Parking Spaces:
  • 4
  • Parking Type:
  • Off Street
  • Pool Description:
  • No Pool
  • Appliances:
  • Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Washer, Water Heater
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Central A/C
  • Existing Water:
  • Public
  • Heating:
  • Heat Pump(s)
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Electric
  • Water Body Type:
  • Ocean
  • Water Name:
  • Atlantic Ocean
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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 RE/MAX Realty Group Rehoboth
  • © 2021 BRIGHT, All Rights Reserved BRIGHT

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