Super opportunity to own this ocean side renovated 3-bedroom 2.5 bath 1400 square foot beach home. The 2nd floor deck and screened in porch off the open concept living room, make this property an ideal beach retreat. Over sized parking area, outdoor shower and grilling area are an added bonus in a beach town where outdoor space is scarce. Property has a build option to double the existing footprint, another rarity in Dewey Beach. Proven rental history of over $75,000 per year, with repeat family weekly rentals. Buy both 23 and 25 McKinley Ave. for a rental income of over $175,000 per year. A new owner can live in one and rent the other. Close to all the hot spots and restaurants, but private enough to enjoy the tranquility of the beach and ocean. There have been many updates to this property with new composite siding being the most recent. Plenty of off street parking. All furniture and appliances included in the sale. Specifics on size will need to be confirmed by town of Dewey Beach and we urge buyers to confirm for themselves. Come and put your toes in the sand and know that once you park your car you never have to cross a street to get to the ocean....Bliss awaits...Truly a remarkable property.
Sold for $1,150,000
$1,150,000
23 McKinley Ave, Dewey Beach, DE 19971
3beds
1,200sqft
Townhouse
Built in 1981
-- sqft lot
$1,306,600 Zestimate®
$958/sqft
$2,217 Estimated rent
Home value
$1,306,600
$1.18M - $1.46M
$2,217/mo
Zestimate® history
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$5,178/mo
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List your homeWhat's special
Screened in porchOver sized parking areaNew composite sidingOutdoor showerGrilling area
Zillow last checked:
Listing updated:
Listed by:
Linda Chase 610-812-4273,
Compass,
Co-Listing Agent: Richard Oberly 302-743-3810,
Compass
Bought with:
Linda Chase, RS-321053
Compass
Source: Bright MLS,MLS#: DESU2049886
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33420.18165.051
- Zoning: TN
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Frame, Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: Dewey Beach
Financial & listing details
- Price per square foot: $958/sqft
- Tax assessed value: $18,800
- Annual tax amount: $926
- Date on market: 10/16/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2024 | Sold | $1,150,000-14.8%$958/sqft |
Source:  Bright MLS #DESU2049886 Report a problem | ||
| 3/8/2024 | Contingent | $1,350,000$1,125/sqft |
Source: Bright MLS #DESU2049886 Report a problem | ||
| 2/6/2024 | Price change | $1,350,000-3.6%$1,125/sqft |
Source: Bright MLS #DESU2049886 Report a problem | ||
| 10/16/2023 | Listed for sale | $1,400,000$1,167/sqft |
Source: Bright MLS #DESU2049886 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,633 +111.5% | $548,000 +2814.9% |
| 2024 | $1,245 +0.1% | $18,800 |
| 2023 | $1,244 +2.7% | $18,800 |
| 2022 | $1,212 +0.7% | $18,800 |
| 2021 | $1,204 +0.3% | $18,800 +36.2% |
| 2020 | $1,200 | $13,800 |
| 2019 | $1,200 +1.7% | $13,800 -26.6% |
| 2018 | $1,180 +42.9% | $18,800 |
| 2017 | $826 +5.9% | $18,800 |
| 2016 | $779 +4.5% | $18,800 |
| 2015 | $746 +0.7% | $18,800 |
| 2014 | $741 +2.8% | $18,800 |
| 2013 | $721 -8% | $18,800 |
| 2012 | $783 +9.9% | $18,800 |
| 2011 | $712 | $18,800 |
| 2010 | $712 -2.6% | $18,800 |
| 2009 | $731 | $18,800 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 19971
Nearby homes
- $1,550,0005 bd4 ba2.4k sqft25 McKinley Ave, Dewey Beach, DE 19971Sold
- $2,060,8004 bd-- ba2.6k sqft21 McKinley Ave #A, Dewey Beach, DE 19971Off Market
- $1,791,3005 bd-- ba2.2k sqft19 McKinley Ave #A, Dewey Beach, DE 19971Off Market
- $1,809,100-- bd-- ba2.4k sqft19 McKinley Ave #B, Dewey Beach, DE 19971Off Market
- $1,441,9005 bd3 ba2.1k sqft19 McKinley Ave #B, Rehoboth Beach, DE 19971Off Market
- $1,768,8003 bd-- ba1.6k sqft17 McKinley Ave, Dewey Beach, DE 19971Off Market
- $3,992,800-- bd-- ba-- sqft1700 Coastal Hwy UNIT 2, Dewey Beach, DE 19971Off Market
- $582,2002 bd1 ba900 sqft22a McKinley Street #1-A, Dewey Beach, DE 19971Off Market
Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 1.5 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 4.3 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- 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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- Delaware
- Sussex County
- Dewey Beach
- 19971
- 23 McKinley Ave
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