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$824,900

Beds
2
Baths
2.0
sq ft
893

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

1406 Coastal Hwy Unit 3-A

DEWEY BEACH, DE 19971

  • 93 days on market
    • Price drop $24,100↓
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!

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$924

Year built

1974

Annual property taxes

$695.6

HOA

No

Price History

11/01/2024
Bright

Bright #DESU2070686

Price change
$824,900
-2.84%
09/22/2024
Bright

Bright #DESU2070686

Listed
$849,000

Schools & Community

Elementary school: 

REHOBOTH

Middle school: 

BEACON

High school: 

CAPE HENLOPEN

School district: 

CAPE HENLOPEN

Status: Active

Tomo last checked: 12/22/2024 at 2:40 PM

Listing updated: 12/17/2024 at 1:04 PM

Listed by: BRYCE LINGO, Jack Lingo - Rehoboth Phone #: (302) 227-3883

MLS: Bright #DESU2070686

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