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Off market
  • $103,500

    1 Read Ave #114B, Rehoboth Beach, DE 19971

    1beds
    1baths
    354sqft
    Condo
    Built in 1955
    -- sqft lot
    $103,500 Zestimate®
    $292/sqft
    $1,348 Estimated rent

    Home value

    $103,500

    $80,000 - $137,000

    $1,348/mo

    Zestimate® history
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    Owner options

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    $1,348/mo

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    $1,348/mo

    Rent Zestimate®

    Refinance and save

    $791/mo

    Est. payment

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    $791/mo

    Est. payment

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    What's special

    Vacation and own on the Beach for a fraction of the Cost! That is because you own a a fraction and is deeded fee simple for each quarter share owned. This ocean view condo is just steps from the beautiful beach, and a two-minute walk to Rehoboth Bay access and the center of all the action in Dewey. A 1/4 (fractional) ownership gives you the condominium to use 1 week each month (every 4 weeks). It's the BEST of owning a beach home with NONE of the worries. You can choose to use it for yourself, offer it to family or friends, OR have the on-site management rent it for you (this unit generated $4168.43 in net rental revenue for June-August of 2022). Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering EVERYTHING! It comes completely furnished similar to a hotel room - king size bed, queen size pull out sofa bed, sunroom dining area with table & chairs, efficiency kitchen and flat screen TV . The $415/month (only fee/service you need to pay) covers the on-site management, taxes, insurance, electric, sewer, water, Heat & AC, internet & cable, plus the maintaining of the pool, BBQ, sundeck area, grounds & parking area. In addition, it covers supplying, maintaining and/or replacing the furniture, silverware, plates, glassware, & appliances. The Surf Club also offers passes to the local YMCA with full access to classes, gym and indoor pool. There is nothing to do but unpack your bags and relax on the beach. The building is smoke free and no pets are allowed. There is also one parking spot with the unit. 2022-11-16

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Features
    • Ceiling Fan(s), Open Floorplan, Efficiency
    Interior area
    • Total interior livable area: 354 sqft
    • Finished area below ground: 0

    Property

    Features
    • Exterior features: Cement / Concrete
    • Pool features: In Ground, Community, Fenced
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1955

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $325 monthly
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $292/sqft
    • Annual tax amount: $425

    Price history

    DateEventPrice
    11/23/2022Sold$52,155-5%$147/sqft
    Source: Bright MLS #DESU2031252 Report a problem
    10/28/2022Pending sale$54,900$155/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #DESU2031252 Report a problem
    10/28/2022Contingent$54,900$155/sqft
    Source: Bright MLS #DESU2031252 Report a problem
    10/20/2022Listed for sale$54,900-35.4%$155/sqft
    Source: Bright MLS #DESU2031252 Report a problem
    10/12/2021Listing removed--
    Source: Owner Report a problem
    7/14/2021Listed for sale$85,000+165.6%$240/sqft
    Source: Owner Report a problem
    11/10/2020Listing removed$32,000$90/sqft
    Source: Ocean Atlantic Sotheby's International Realty #DESU168288 Report a problem
    9/5/2020Pending sale$32,000$90/sqft
    Source: Ocean Atlantic Sotheby's International Realty #DESU168288 Report a problem
    9/2/2020Listed for sale$32,000-15.8%$90/sqft
    Source: Ocean Atlantic Sotheby's International Realty #DESU168288 Report a problem
    5/29/2020Sold$38,000$107/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: CAPE HENLOPEN

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $103,500
    2% more
    +$2,070
    With Zillow Showcase(estimated)
    $105,570