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Sold for $790,000
  • $790,000

    1406 Coastal Hwy #3-A, Dewey Beach, DE 19971

    2beds
    893sqft
    Condominium
    Built in 1974
    -- sqft lot
    $795,000 Zestimate®
    $885/sqft
    $2,008 Estimated rent

    Home value

    $795,000

    $723,000 - $867,000

    $2,008/mo

    Zestimate® history
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    What's special

    Ocean viewsPrivate balconyTons of natural lightSpacious primary bedroomEn-suite bath
    Cure the winter blues with tons of natural light and ocean views! Wake up to see the sunrise over the Atlantic every day from both bedrooms, family room, dining area, and balcony. In the evening, enjoy beautiful sunsets over the Rehoboth Bay from the balcony! With tons of natural light, this home served as the Model Unit in the Delano. This unique listing is being sold turn - key and is located on the ocean block of beautiful Rodney Avenue which is a quiet, wide-open, all-residential street. The first level features a bright bedroom, full bath, a well-equipped kitchen, dining area, and a convenient laundry space. Upstairs, you'll find a spacious primary bedroom with an en-suite bath, and a spacious open family room overlooking the first floor. Enjoy the soothing ocean breezes and people watching from your private balcony, ideally positioned to capture both sunsets over the Rehoboth Bay and sunrises over the ocean. The balcony also serves as a front row seat to the amazing July 4th firework display over the bay! Being in the heart of Dewey, this location is unbeatable. With no roads to cross, you're just steps away from Dewey’s beautiful, guarded beaches, perfect for relaxing or enjoying time with your family and friends. A vibrant selection of dining and nightlife can be found throughout the town, all within steps of the complex. This offers the ultimate convenience for socializing and dining out, however this home is far enough off the highway that you do not hear any traffic. Homeowners will appreciate the added convenience of assigned off-street parking for two vehicles. The building has a foot shower perfect for rinsing off after a beach day, two outdoor casual dining areas in the common spaces, and owner’s closets shared among the units for storing beach essentials. With a proven $40-50K consistent annual rental history (May through September), this property is an excellent investment opportunity with room for higher income if rented throughout the off-season. It has also served as a wonderful vacation home. The Delano community has a strong condo association with great management and solid reserves! Don't miss out on this rare opportunity to experience carefree Dewey Beach living…Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    BRYCE LINGO 302-226-6417,

    Jack Lingo - Rehoboth,

    Listing Team: Bryce Lingo & Shaun Tull Team, Co-Listing Team: Bryce Lingo & Shaun Tull Team,Co-Listing Agent: Amanda Ryan 302-227-3883,

    Jack Lingo - Rehoboth

    Bought with:

    TIFFINI ANDERSON, RS-0023283

    Jack Lingo - Rehoboth

    Source: Bright MLS,MLS#: DESU2070686MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Primary Bedroom, Kitchen, Family Room, Breakfast Room, Bedroom 1, Laundry, Bathroom 1, Primary Bathroom
    Primary bedroom
    • Features: Flooring - Carpet, Window Treatments
    • Level: Upper
    Bedroom 1
    • Features: Flooring - Carpet, Window Treatments
    • Level: Main
    Primary bathroom
    • Features: Flooring - Ceramic Tile, Bathroom - Stall Shower
    • Level: Upper
    Bathroom 1
    • Features: Bathroom - Walk-In Shower, Granite Counters, Flooring - Ceramic Tile
    • Level: Main
    Breakfast room
    • Features: Cathedral/Vaulted Ceiling, Flooring - Ceramic Tile, Window Treatments
    • Level: Main
    Family room
    • Features: Ceiling Fan(s), Flooring - Carpet, Recessed Lighting, Window Treatments
    • Level: Upper
    Kitchen
    • Features: Breakfast Bar, Flooring - Ceramic Tile, Granite Counters, Kitchen - Electric Cooking, Recessed Lighting
    • Level: Main
    Laundry
    • Level: Main
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Refrigerator, Dishwasher, Disposal, Microwave, Oven/Range - Electric, Stainless Steel Appliance(s), Water Heater, Washer, Dryer, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, Laundry Room, In Unit
    Features
    • Ceiling Fan(s), Kitchen Island, Breakfast Area, Bathroom - Stall Shower, Combination Kitchen/Dining, Curved Staircase, Open Floorplan, Kitchen - Galley, Recessed Lighting, Upgraded Countertops, Vaulted Ceiling(s), Dry Wall
    • Flooring: Ceramic Tile, Carpet, Wood
    • Doors: Insulated
    • Windows: Insulated Windows, Window Treatments
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: No One Above
    Interior area
    • Total structure area: 893
    • Total interior livable area: 893 sqft
    • Finished area above ground: 893
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Off Street
    • Details: Assigned Parking, Assigned Space #: 3A
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Exterior features: Lighting, Other, Balcony
    • Pool features: None
    • Has view: Yes
    • View description: Ocean, Bay
    • Has water view: Yes
    • Water view: Ocean,Bay
    • Waterfront features: Oceanblock
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.18229.003A
    • Zoning: RS
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal,Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Frame, Combination, Vinyl Siding, Stucco
    Condition
    • Excellent
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Phone Available, Fixed Wireless

    Community & HOA

    Community
    • Security: Smoke Detector(s), Fire Sprinkler System
    • Condo and coop fee: $1,168 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Storage, Other
    • Services included: Common Area Maintenance, Maintenance Structure, Reserve Funds, Trash, Insurance, Management
    • HOA name: The Delano Condominium Association Of Unit Owners
    Location
    • Region: Dewey Beach

    Financial & listing details

    • Price per square foot: $885/sqft
    • Tax assessed value: $649,000
    • Annual tax amount: $695
    • Date on market: 9/22/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Furnishings - Turn Key
    • Exclusions: All Personal Items And Belongings In All Closets. All Staging Items Which Are Small Decorative Pieces Such As Plants, Books, Candles, White Bedding, A Few Pillows On The Couches.
    • Ownership: Condominium
    • Total actual rent: 50000
    • Road surface type: Black Top

    Price history

    DateEventPrice
    4/4/2025Sold$790,000-1.1%$885/sqft
    Source: Bright MLS #DESU2070686 Report a problem
    2/3/2025Contingent$799,000$895/sqft
    Source: Bright MLS #DESU2070686 Report a problem
    1/24/2025Price change$799,000-3.1%$895/sqft
    Source: Bright MLS #DESU2070686 Report a problem
    11/1/2024Price change$824,900-2.8%$924/sqft
    Source: Bright MLS #DESU2070686 Report a problem
    9/22/2024Listed for sale$849,000$951/sqft
    Source: Bright MLS #DESU2070686 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,689 +64.3%$324,500 +2153.5%
    2024$1,028 +0.1%$14,400
    2023$1,028 +2.5%$14,400
    2022$1,003 +0.6%$14,400
    2021$997 +47.4%$14,400 +11.2%
    2020$676 +11%$12,950
    2019$609 -37.4%$12,950 -10.1%
    2018$973 +53.9%$14,400
    2017$632 +4.8%$14,400
    2016$604 +4.4%$14,400
    2015$578 +0.7%$14,400
    2014$574 +2.8%$14,400
    2013$559 -10.2%$14,400
    2012$622 +9.5%$14,400
    2011$568 $14,400
    2010$568 -2.5%$14,400
    2009$583 $14,400
    2008-- --
    Find assessor info on the county website

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rehoboth
    • Middle: Beacon
    • High: Cape Henlopen
    • District: Cape Henlopen

    Source: Bright 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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    $795,000
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