11 Olive Avenue, Rehoboth Beach, DE 19971 $2,769,000

Price:
$2,769,000
MLS:
719285
Town:
Rehoboth Beach
Bed:
5
Bath:
4
Half Bath:
2
Rehoboth Beach Superior Beach Complex With Pool!sold Furnished (some Exclusions) Coastal Custom Home In Ocean Block With Detached Apartment And Pool! Builder Is Renowned For Remarkable Coastal Style Homes At The Beach With Incredible Flow, Natural Light, Top Of The Line Upgrades, And Space. Energy Efficient And Maximized For Outdoor Living, This Cannot Be Duplicated With Today’s Current Zoning Regulations. The Home, Including Back Apartment Will Exceed Your Expectations, Featuring Gourmet Kitchen, Open Porches, 2 Master Bedrooms, Coffered Ceilings, Gas Fireplace, And Premium Finish Work Throughout. Front House Is A Successful Rental With $75,193 In Rental Income. Back House Would Generate Another $10k And Is Equipped With Its Own Elevator! Full Projected Income With Use Of Pool And All Amenities Would Be $100,000-$125,000! 11a Olive Avenue: 4 / 3.5 (sleeps 8), 11b Olive Avenue:1 Br, 1 Loft, 1/5 Ba.

Interior Features

Flooring:
Hardwood
Fireplace:
Gas
Furnished:
Yes
Appliances:
Cooktop, dishwasher, disposal, dryer-electric, fridge W/ice Maker, microwave, oven/range Electric, washer, water Heater Electric
Kitchen:
Countertops - Granite, eat In, pantry
Basement:
Outside Stairs, unfinished
Attic:
Other See Remarks
Other Interior Features:
Cable Tv Prewired, ceiling Fan(s), elevator, fireplace-gas, insulation, mbed-full Bath, screen(s), two Master Bedrooms, vaulted Ceilings, walk-in Closets
Heating:
Gas - Propane, heat Pump(s), multi Zone
Cooling:
Central A/c, heat Pump(s), zoned A/c

Exterior Features

Style:
Coastal, contemporary
Construction:
Stick/frame
Exterior Type:
Concrete Plank
Other Exterior Features:
Fencing-partial, irrigation System
Foundation:
Concrete Block
# of Stories:
2
Roofing Type:
Architectural Shingle
Garage:
Detached
Parking:
Driveway/off Street, garage
Porch/Deck:
Balcony(s), patio - Rear, porch - Front
Pool:
Inground
Water View:
Ocean

Additional Details

Lot Size/Acres:
0.12
Lot Dimensions:
52x103
Community:
North Rehoboth
Year Built:
2012
Square Feet:
3557
AssociationFee:
0
City Taxes:
551
Condo Fees:
0
County:
Sussex
County Taxes:
1616
Section:
East Of Rt. 1
New Construction:
No
Property Type:
Single Family
Rent Income:
100000
School District:
Cape Henlopen
List Office:
Jack Lingo Rehoboth

Important Notice

Important notice to buyers and sellers: Delaware law requires that REALTORS and Brokers provide you with a Consumer Information Statement (CIS) upon first contact - fax, email, or in person. To read the CIS, please click the link below (or copy and paste into your browser): http://1.usa.gov/WmA4MT