Bought with Regina White • Crowley Associates Realty
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8 OLIVE AVE #111 Rehoboth Beach, DE 19971
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Key Details
Sold Price $910,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $1,213
Subdivision North Rehoboth
MLS Listing ID DESU2107836
Sold Date 06/24/26
Style Coastal
Bedrooms 2
Full Baths 2
Condo Fees $3,290/qua
HOA Y/N N
Abv Grd Liv Area 750
Year Built 1970
Annual Tax Amount $2,342
Tax Year 2025
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
Ocean View - Ocean Block & Rarely Offered - MOTIVATED SELLER! This 2 bedroom, 2 bath condo is ready for it's new owner. Located on the first floor, this unit can be accessed through the lobby, or through a secondary entrance located on the side of the building. The first floor condo is offering a updated kitchen with SS appliances, quartz countertops & undercounter LED lighting, dining & living area with fireplace and also a Queen size murphy bed along with a great patio area off the living area. In the dining area you will note a beautiful 16ft floor to ceiling window allowing a lot of natural lighting to flow in. On the first floor there is also a nice sized storage/pantry closet. The Fireplace will keep you warm on the cooler evenings and add a nice touch of ambiance. Where the fireplace is located offers additional storage as well. The 2nd floor offers a primary bedroom w/ full bath along with a covered balcony overlooking the courtyard with Koi pond and also the ability to enjoy sunset views. Enjoy the 2nd covered balcony on the upper level with a great view of the Atlantic Ocean and the famous Rehoboth Beach Boardwalk. Guest bedroom with access to the hall bath. Both bathrooms have been updated. New electric box - 2 zone heating and AC have been within the last 3 years. 4 Storm Shutters were added to protect you from the elements or simply as added protection through a storm. Freshly painted! Enjoy one parking space in the secure underground heated garage. Patrician Towers has a welcoming courtyard with Koi pond, a great place to gather with friends and family before an evening out. After a day on the beach, take the elevator up to the roof top pool with panoramic views of the ocean, boardwalk and the city. Sunrises and sunsets from there are not to be missed. If you enjoy biking, Rehoboth is home to the Breakwater Junction Trail, known for its natural beauty and proximity to historic Lewes and beyond. Bike storage is located in the garage. In recent years, Patrician Towers has undergone major renovations to the building to maintain its structural integrity, improve appearance and protect the investment of its owners. These include new aluminum awnings; aluminum railings, balcony and walkway coating; brick pointing; concrete repairs; caulking; soffit coatings; drip edge replacement and more! All phases were completed prior to May, 2023. There is a 1% Capital Contribution Fee at the time of closing.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Direction North
Interior
Interior Features Bathroom - Tub Shower, Bathroom - Walk-In Shower, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Dining Area, Kitchen - Efficiency, Recessed Lighting, Upgraded Countertops, Window Treatments
Hot Water Electric
Heating Central, Heat Pump(s)
Cooling Central A/C, Ceiling Fan(s)
Fireplaces Number 1
Fireplaces Type Electric, Heatilator
Equipment Built-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Refrigerator, Water Heater
Furnishings Partially
Fireplace Y
Appliance Built-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Refrigerator, Water Heater
Heat Source Geo-thermal
Exterior
Parking Features Inside Access
Garage Spaces 1.0
Utilities Available Cable TV
Amenities Available Common Grounds, Elevator, Fencing, Laundry Facilities, Pool - Outdoor, Security
Water Access Y
View Ocean
Accessibility None
Total Parking Spaces 1
Garage Y
Building
Story 2
Unit Features Mid-Rise 5 - 8 Floors
Above Ground Finished SqFt 750
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Management,Pest Control,Pool(s),Reserve Funds,Water,Sewer
Senior Community No
Tax ID 334-14.14-31.00-111
Ownership Fee Simple
SqFt Source 750
Security Features Main Entrance Lock,Monitored,Security Gate
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK
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