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$2,667,000
$2,769,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
11 OLIVE AVE Rehoboth Beach, DE 19971
5 Beds
6 Baths
3,557 SqFt
Key Details
Sold Price $2,667,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,557 sqft
Price per Sqft $749
Subdivision North Rehoboth
MLS Listing ID 1001028272
Sold Date 03/12/18
Style Coastal,Contemporary
Bedrooms 5
Full Baths 4
Half Baths 2
HOA Y/N N
Abv Grd Liv Area 3,557
Originating Board SCAOR
Year Built 2012
Annual Tax Amount $2,167
Lot Size 5,412 Sqft
Acres 0.12
Lot Dimensions 52x103
Property Description
Rehoboth Beach Superior Beach Complex with POOL!Sold FURNISHED (some exclusions) Coastal Custom Home in ocean block with detached apartment and pool! Builder is renowned for remarkable coastal style homes at the beach with incredible flow, natural light, top of the line upgrades, and space. Energy efficient and maximized for outdoor living, this cannot be duplicated with today?s current zoning regulations. The home, including back apartment will exceed your expectations, featuring gourmet kitchen, open porches, 2 master bedrooms, coffered ceilings, gas fireplace, and premium finish work throughout. Front house is a successful rental with $75,193 in rental income. Back house would generate another $10K and is equipped with its own ELEVATOR! Full projected income with use of pool and all amenities would be $100,000-$125,000!11A Olive Avenue: 4 / 3.5 (sleeps 8), 11B Olive Avenue:1 BR, 1 loft, 1/5 BA.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Rooms
Basement Walkout Stairs, Unfinished
Interior
Interior Features Attic, Kitchen - Eat-In, Pantry, Ceiling Fan(s), Elevator
Hot Water Electric
Heating Propane, Heat Pump(s), Zoned
Cooling Central A/C, Heat Pump(s), Zoned
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Gas/Propane
Equipment Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
Furnishings Yes
Fireplace Y
Window Features Screens
Appliance Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
Heat Source Bottled Gas/Propane
Exterior
Exterior Feature Balcony, Patio(s), Porch(es)
Garage Spaces 5.0
Fence Partially
Pool In Ground
Amenities Available Beach
Waterfront N
Water Access N
View Ocean
Roof Type Architectural Shingle
Porch Balcony, Patio(s), Porch(es)
Road Frontage Public
Parking Type Off Street, Driveway, Detached Garage
Total Parking Spaces 5
Garage Y
Building
Lot Description Cleared, Landscaping
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Coastal, Contemporary
Level or Stories 2
Additional Building Above Grade
Structure Type Vaulted Ceilings
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 334-14.14-29.00
Ownership Fee Simple
SqFt Source Estimated
Security Features Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Dustin Oldfather • Monument Sotheby's International Realty