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For sale
  • Price increase: $50K (7/2)
    $599,900

    8 Olive Ave APT 102, Rehoboth Beach, DE 19971

    0beds
    --sqft
    : 
    $3,897/mo
    Get pre-qualified
    Condominium
    Built in 1970
    -- sqft lot
    $592,000 Zestimate®
    $--/sqft
    $392/mo HOA

    What's special

    Fully furnished retreatPrivate patioSecluded outdoor loungeNew lvp floors
    This luxury first floor condo blends effortless beachside living with elevated comfort. Just one breath from the Atlantic Ocean, where the rhythm of the waves sets the pace of your day, 8 Olive Avenue #102 emerges as a rare coastal jewel—an elegant, fully furnished retreat carved into the heart of Rehoboth Beach’s most coveted ocean block. Step inside and feel the world soften. Sunlight drifts across new LVP floors, illuminating a serene palette of fresh paint and a beautifully updated white‑on‑white kitchen with granite countertops. The open layout flows with effortless grace, creating a sanctuary designed for both quiet mornings and glamorous summer evenings. Beyond the glass doors, your private patio becomes an extension of the living space—a secluded outdoor lounge where ocean breezes whisper through the air and the glow of the boardwalk lights dances in the distance. With direct access from both the living area and sleeping quarters, this is indoor‑outdoor living at its most indulgent. The building itself enhances the resort‑style experience with secure entry, on‑site management, a serene courtyard with koi pond, outdoor shower and bath facilities, and direct elevator access to the parking garage and laundry level. Residents also enjoy exclusive access to what is widely regarded as Rehoboth’s best rooftop patio and pool, offering panoramic views of the ocean, boardwalk, and vibrant downtown skyline. With no steps, convenient dual access (lobby or patio), pet‑friendly policies, and a location less than 1,000 feet from the sand, this residence delivers the ultimate blend of luxury, convenience, and coastal charm—ideal as a refined beach retreat or high‑demand rental investment.
    47 days
    |
    1,846
    |
    33
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Andy Whitescarver 302-242-5557,

    RE/MAX Realty Group Rehoboth 3022274800,

    Co-Listing Agent: Anthony R Vargas 302-535-5312,

    RE/MAX Realty Group Rehoboth

    Source: Bright MLS,MLS#: DESU2113924MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Forced Air, Heat Pump, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater
      • Laundry: Common Area, Shared
      Features
      • Combination Dining/Living, Dining Area, Efficiency, Entry Level Bedroom, Flat, Open Floorplan, Studio, Upgraded Countertops
      • Flooring: Laminate
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Basement, Garage Door Opener, Permit Included, Secured, Garage, On Street
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Entrance, No Stairs
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Outdoor Shower
      • Pool features: Community
      • Waterfront features: Oceanblock, Ocean
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 33414.1431.00102
      • Zoning: TN
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Brick, Concrete
      Condition
      • Excellent
      • New construction: No
      • Year built: 1970
      • Major remodel year: 2020

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Exterior Cameras, Main Entrance Lock, Resident Manager, Security Gate, Fire Sprinkler System
      • Condo and coop fee: $4,700 annually
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: Elevator(s), Laundry, Pool
      • Services included: Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Maintenance Structure, Common Area Maintenance
      Location
      • Region: Rehoboth Beach

      Financial & listing details

      • Tax assessed value: $10,750
      • Annual tax amount: $1,744
      • Date on market: 6/10/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Inclusions: Range, Microwave, Refrigerator, Furniture
      • Exclusions: Candlesticks And Some Table Decor, Some Artwork
      • Ownership: Fee Simple

        Estimated market value

        $592,000

        $562,000 - $622,000

        $1,641/mo

        Price history

        DateEventPrice
        7/2/2026Price change$599,900+9.1%
        Source: Bright MLS #DESU2113924 Report a problem
        6/11/2026Listed for sale$549,900-8.3%
        Source: Bright MLS #DESU2113924 Report a problem
        3/14/2026Listing removed$599,900
        Source: Bright MLS #DESU2104638 Report a problem
        2/7/2026Listed for sale$599,900+9.1%
        Source: Bright MLS #DESU2104638 Report a problem
        11/15/2025Listing removed$549,900
        Source: Bright MLS #DESU2090296 Report a problem
        9/3/2025Price change$549,900+3.8%
        Source: Bright MLS #DESU2090296 Report a problem
        7/23/2025Price change$529,900+0.9%
        Source: Bright MLS #DESU2090296 Report a problem
        7/9/2025Listed for sale$525,000+1%
        Source: Bright MLS #DESU2090296 Report a problem
        7/1/2025Listing removed$519,900
        Source: Bright MLS #DESU2084428 Report a problem
        6/24/2025Price change$519,900-1%
        Source: Bright MLS #DESU2084428 Report a problem
        6/18/2025Price change$525,000-0.9%
        Source: Bright MLS #DESU2084428 Report a problem
        6/12/2025Price change$529,900-1.9%
        Source: Bright MLS #DESU2084428 Report a problem
        5/29/2025Price change$539,900-1.8%
        Source: Bright MLS #DESU2084428 Report a problem
        5/17/2025Listed for sale$550,000-8.3%
        Source: Bright MLS #DESU2084428 Report a problem
        9/24/2024Listing removed$599,900
        Source: Bright MLS #DESU2060840 Report a problem
        9/7/2024Price change$599,900+3.4%
        Source: Bright MLS #DESU2060840 Report a problem
        5/28/2024Price change$579,900-1.7%
        Source: Bright MLS #DESU2060840 Report a problem
        5/23/2024Price change$589,900-0.9%
        Source: Bright MLS #DESU2060840 Report a problem
        5/20/2024Price change$595,000-0.8%
        Source: Bright MLS #DESU2060840 Report a problem
        5/1/2024Listed for sale$599,999-7.7%
        Source: Bright MLS #DESU2060840 Report a problem
        2/1/2024Listing removed--
        Source: Bright MLS #DESU2039958 Report a problem
        1/31/2024Price change$650,000+3.2%
        Source: Bright MLS #DESU2039958 Report a problem
        12/13/2023Price change$629,999-1.6%
        Source: Bright MLS #DESU2039958 Report a problem
        11/30/2023Price change$639,999-1.5%
        Source: Bright MLS #DESU2039958 Report a problem
        11/20/2023Listed for sale$649,999+62.5%
        Source: Bright MLS #DESU2039958 Report a problem
        9/17/2021Sold$400,000+26.6%
        Source: Bright MLS #DESU2000594 Report a problem
        6/4/2019Sold$315,900
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,209 +128.2%$286,200 +2562.3%
        2024$530 +0.1%$10,750
        2023$529 +3.6%$10,750 +100%
        2022$511 +0.9%$5,375 -50%
        2021$506 +0.3%$10,750
        2020$505 $10,750
        2019$505 -0.1%$10,750
        2018$505 +7.1%$10,750
        2017$472 +9.9%$10,750
        2016$429 +4.7%$10,750
        2015$410 +0.7%$10,750
        2014$407 +2.9%$10,750
        2013$396 +0.4%$10,750
        2012$394 +11.9%$10,750
        2011$352 $10,750
        2010$352 -3%$10,750
        2009$363 $10,750
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 19971

        Getting around

        62 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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