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$621,500
$624,900
0.5%For more information regarding the value of a property, please contact us for a free consultation.
2 VIRGINIA AVE #525 Rehoboth Beach, DE 19971
2 Beds
2 Baths
1,375 SqFt
Key Details
Sold Price $621,500
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,375 sqft
Price per Sqft $452
Subdivision North Rehoboth
MLS Listing ID 1001573890
Sold Date 08/08/18
Style Unit/Flat
Bedrooms 2
Full Baths 2
Condo Fees $12,320/ann
HOA Y/N N
Abv Grd Liv Area 1,375
Originating Board SCAOR
Year Built 1966
Annual Tax Amount $1,397
Property Description
Seeking back-up offers! Rare opportunity to own a 2bd/2ba, 2-story 5th floor unit with a spectacular ocean front location! The large, covered balcony affords panoramic views of Rehoboth's famous beach & boardwalk, breath-taking sunrises, and all the sights & sounds of the ocean 24/7! Leave your car in the garage and walk or bike to the sandy beach, world class restaurants, boutique shopping and Funland. This desirable, maintenance-free, all-electric condo features open-concept living space and two private suites; one upstairs/one down. Enjoy the on-site private pool, laundry facilities and assigned parking. This unit consistently tops the charts in rentals due to its incredible location and 5th floor views. Close to the elevator, too! Comfortably sleeps 7-9. Sold subject to existing rentals: 15 weeks as of 5/12/18. Brought in over 44k in rental income in 2017!
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning GENERAL RESIDENTIAL
Rooms
Main Level Bedrooms 2
Interior
Interior Features Pantry, Entry Level Bedroom, Ceiling Fan(s), Intercom, Window Treatments
Heating Heat Pump(s)
Cooling Central A/C, Heat Pump(s)
Flooring Carpet, Tile/Brick, Vinyl
Equipment Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric
Furnishings Yes
Fireplace N
Window Features Insulated
Appliance Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric
Heat Source Electric
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Parking On Site 1
Pool Other
Amenities Available Beach, Laundry Facilities, Swimming Pool, Pool - Outdoor, Security, Water/Lake Privileges
Waterfront Y
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Public Beach
View Ocean
Roof Type Flat,Rubber
Street Surface None
Accessibility None
Porch Balcony
Parking Type Other
Total Parking Spaces 1
Garage N
Building
Lot Description Bulkheaded, Landscaping
Story 2
Unit Features Mid-Rise 5 - 8 Floors
Foundation Pilings
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District Cape Henlopen
Others
HOA Fee Include Sewer,Trash,Common Area Maintenance
Senior Community No
Tax ID 334-14.14-23.00-525
Ownership Condominium
SqFt Source Estimated
Security Features Main Entrance Lock,Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with JEANNE COPPOLA • Long & Foster Real Estate, Inc.