8 Olive Ave Unit 111

Rehoboth Beach, DE 19971
  • $1,125,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 750

    SqFt

About the Listing DAMCC1 - 3258842

Ocean View - Ocean Block & Rarely Offered - 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. 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.

Listing Highlights

Status Active
Days on Site 9
Property Type Condo
MLS ® DESU2107836
Year Built 1970
Total Square Footage 750
Lot/Acreage 0.48
County Sussex
Building Name Patrician Towers
Neighborhood North Rehoboth
HOA Dues 3290/Quarterly
School District Cape Henlopen

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Refrigerator, Water Heater
  • Air Cond: Central A/C,Ceiling Fan(s)
  • Heating: Central,Heat Pump(s)
  • Fireplaces: 1, Electric,Heatilator,1 Fireplace
  • Floor:
  • Above Ground Sq Ft: 750
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: 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,Cats OK,Dogs OK,Pets Allowed
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: TN
  • Roof:
  • Others: Sidewalks,Street Lights,Common Grounds,Elevator,Fencing,Laundry Facilities,Pool - Outdoor,Security,Common Area Maintenance,Ext Bldg Maint,Insurance,Management,Pest Control,Pool(s),Reserve Funds,Water
  • Sewer: Public Sewer
  • Parking Features: Inside Access,Parking Garage,1+ Spaces

Financial Details

  • Tax Amount: $2,342
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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8 Olive Ave Unit 111 Rehoboth Beach, DE 19971

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Originating MLS: BRIGHT_MAIN

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