Pending

MLS: #DESU2107836, Listed By: Kim Hitchens, Dave McCarthy & Associates, Inc., Source:Bright MLS

8 Olive Avenue #111

REHOBOTH BEACH, DE 19971
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Bed 2

Bed

Bath 2

Bath

SqFt750

Sqft

Acres0.48

Acre(Lot)

Ocean View - Ocean Block & Rarely Offered - MOTIVATED SELLER! This 2 bedroom, 2 bath condo is ready for it's new owner. Located on the first floor, this unit can be accessed through the lobby, or through a secondary entrance located on the side of the building. The first floor condo is offering a updated kitchen with SS appliances, quartz countertops & undercounter LED lighting, dining & living area with fireplace and also a Queen size murphy bed along with a great patio area off the living area. In the dining area you will note a beautiful 16ft floor to ceiling window allowing a lot of natural lighting to flow in. On the first floor there is also a nice sized storage/pantry closet. The Fireplace will keep you warm on the cooler evenings and add a nice touch of ambiance. Where the fire place is located offers additional storage as well. The 2nd floor offers a primary bedroom w/ full bath along with a covered balcony overlooking the courtyard with Koi pond and also the ability to enjoy sunset views. Enjoy the 2nd covered balcony on the upper level with a great view of the Atlantic Ocean and the famous Rehoboth Beach Boardwalk. Guest bedroom with access to the hall bath. Both bathrooms have been updated. New electric box - 2 zone heating and AC have been within the last 3 years. 4 Storm Shutters were added to protect you from the elements or simply as added protection through a storm. Freshly painted! Enjoy one parking space in the secure underground heated garage. Patrician Towers has a welcoming courtyard with Koi pond, a great place to gather with friends and family before an evening out. After a day on the beach, take the elevator up to the roof top pool with panoramic views of the ocean, boardwalk and the city. Sunrises and sunsets from there are not to be missed. If you enjoy biking, Rehoboth is home to the Breakwater Junction Trail, known for its natural beauty and proximity to historic Lewes and beyond. Bike storage is located in the garage. In recent years, Patrician Towers has undergone major renovations to the building to maintain its structural integrity, improve appearance and protect the investment of its owners. These include new aluminum awnings; aluminum railings, balcony and walkway coating; brick pointing; concrete repairs; caulking; soffit coatings; drip edge replacement and more! All phases were completed prior to May, 2023. There is a 1% Capital Contribution Fee at the time of closing.

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Detail Ic Property Details

Property Type : Residential

Price : $974,900

AD Id : 76354549

MLS Id : DESU2107836

Beds : 2

Lot Size : 0.48 Acre

Living Area Size : 750

Year Built : 1970

Garage : 1

County : SUSSEX

Subdivision: None Available

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    Ceiling Fan(s), Recessed Lighting, Built-in Features Appliances: Range, Electric Water Heater, Built-In Range, Dishwasher, Exhaust Fan, Refrigerator, Water Heater, Microwave Window Features: Window Coverings, Window Treatments
  • Heating & Cooling

    Has Heating: Yes Heating: Exhaust Fan, Geothermal, Central, Heat Pump Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Geothermal

  • Building Information

    Year Built: 1970 Building Area Total: 750 Construction Materials: Block, Concrete Pool Features: Community Private Pool: No Water front Features: Ocean Front View: Water, Ocean

  • Lot Information

    Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.48 Lot Size Source: Assessor Lot Size Square Feet: 20909

    Property Information

    Subdivision: NORTH REHOBOTH Source Property Type: Residential Postal Code Plus 4: 2864 Property SubType: Condominium Direction Faces: North Levels: Two Property Age: 56

  • Listing Price Information

    Listing Price: $974900

  • Tax Information

    Parcel Number: 334-14.14-31.00-111 Tax Lot: 86 Tax Year: 2025 Annual Tax: $2342

  • Parking Information

    Parking Total: 1 Garage, Inside Entrance, Community Structure

    Garage Information

    Has Garage: Yes Garage Space: 1 Pets Allowed: Cats OK, Dogs OK, Yes
    Homeowners Association Information
    Included Fees: Insurance, Pest Control, Water, Sewer, Maintenance Structure Association Amenities: Security, Elevator(s), Laundry Community Features: Pool, Sidewalks, Street Lights

  • Utility Information

    Cable Available
  • Location Information

    Direction: GPS Directions WaterSource: Public Security Features: Security Gate
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
19 Palmer Avenue, Rehoboth Beach, DE, 19971 $4,250,000 3 5 3,354 3,354 SqFt
1103 King Charles Avenu.., Dewey Beach, DE, 19971 $898,000 3 2 966 966 SqFt
38520 Pine Lane #2, Rehoboth Beach, DE, 19971 $2,450,000 3 5 3,342 3,342 SqFt
12 Wilmington Avenue #7, Rehoboth Beach, DE, 19971 $1,750,000 3 2 1,521 1,521 SqFt
21 Wilmington Avenue #3W, Rehoboth Beach, DE, 19971 $467,500 -- -- 704 704 SqFt
50 Wilmington Avenue #103, Rehoboth Beach, DE, 19971 $895,000 2 2 1,350 1,350 SqFt
49 Maryland Avenue #A, Rehoboth Beach, DE, 19971 $724,000 2 1 717 717 SqFt
21 Ocean Dr #904, Rehoboth Beach, DE, 19971 $1,720,000 2 2 1,197 1,197 SqFt
223 Country Club Drive .., Rehoboth Beach, DE, 19971 $817,000 2 3 1,050 1,050 SqFt
72 Sussex Street, Rehoboth Beach, DE, 19971 $549,000 2 1 554 554 SqFt

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ByOwner last updated this listing 06/08/2026 @ 07:07

MLS: DESU2107836 LISTED BY: Kim Hitchens, Dave McCarthy & Associates, Inc. 302-426-2080 SOURCE: Bright MLS

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