$68,500
SOLD APR 3, 2023

1 Read Ave Unit 110B Dewey Beach, DE 19971

1 Bed
1 Bath
480 Sq Ft
$415/mo HOA Fee

Recently Sold

$143 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • Ocean Front
  • Beach
  • Sandy Beach
  • Rehoboth Elementary School Rated A
  • Water Access
  • Open Floorplan

About This Home

As of April 2023

Vacation and own on the Beach for a fraction of the Cost! That is because you own a fraction and is deeded fee simple for each quarter share owned. This ocean view condo is just steps from the beautiful beach, and a two-minute walk to Rehoboth Bay access and the center of all the action in Dewey. A 1/4 (fractional) ownership gives you the condominium to use 1 week each month (every 4 weeks). This is the BEST of owning a beach home with NONE of the worries. You can choose to use it for yourself, offer it to family or friends, OR have the on-site management rent it for you. Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering EVERYTHING! It comes completely furnished, similar to a hotel room: king size bed, queen size pull out sofa bed, sunroom dining area with table & chairs, efficiency kitchen and flat screen TV. The $415/month (only fee/service you need to pay) covers the on-site management, taxes, insurance, electric, sewer, water, Heat & AC, internet & cable, plus the maintenance of the pool, BBQ, sundeck area, grounds & parking area. In addition, it covers supplying, maintaining and/or replacing the furniture, silverware, plates, glassware, & appliances. The Surf Club also offers passes to the local YMCA with full access to classes, gym and indoor pool. There is nothing to do but unpack your bags and relax on the beach. The building is smoke free and no pets are allowed. There is also one parking spot with the unit.

Last Agent to Sell the Property

David Landon

Patterson-Schwartz-Newark License #521092 Listed on: 03/09/2023

Patterson-Schwartz-Newark

Co-Listed By

Kirsten Landon

Patterson-Schwartz-Newark License #RS0013188

Last Buyer's Agent

Steve MacPherson

BHHS Fox & Roach - Hockessin License #RS0038202

BHHS Fox & Roach - Hockessin

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1955 | Remodeled in 2017

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition

HOA Fees

  • $415 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Piling Construction

Interior Spaces

  • 480 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Area
  • Efficiency Studio
  • Vinyl Flooring
  • Ocean Views
  • Laundry on main level

Kitchen

  • Kitchen in Efficiency Studio
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-194.00-110B

Community Details

Overview

  • Association fees include air conditioning, cable TV, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, heat, high speed internet, insurance, laundry, lawn maintenance, management, pool(s), reserve funds, snow removal, standard phone service, taxes, trash, water
  • The Surf Club HOA
  • Low-Rise Condominium
  • The Surf Club Community

Amenities

  • Picnic Area
  • Common Area
  • Laundry Facilities

Recreation

  • Beach
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1955 | Remodeled in 2017

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1955
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Remarks Public: Vacation and own on the Beach for a fraction of the Cost! That is because you own a fraction and is deeded fee simple for each quarter share owned. This ocean view condo is just steps from the beautiful beach, and a two-minute walk to Rehoboth Bay access and the center of all the action in Dewey. A 1/4 (fractional) ownership gives you the condominium to use 1 week each month (every 4 weeks). This is the BEST of owning a beach home with NONE of the worries. You can choose to use it for yourself, offer it to family or friends, OR have the on-site management rent it for you. Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering EVERYTHING! It comes completely furnished, similar to a hotel room: king size bed, queen size pull out sofa bed, sunroom dining area with table & chairs, efficiency kitchen and flat screen TV. The $415/month (only fee/service you need to pay) covers the on-site management, taxes, insurance, electric, sewer, water, Heat & AC, internet & cable, plus the maintenance of the pool, BBQ, sundeck area, grounds & parking area. In addition, it covers supplying, maintaining and/or replacing the furniture, silverware, plates, glassware, & appliances. The Surf Club also offers passes to the local YMCA with full access to classes, gym and indoor pool. There is nothing to do but unpack your bags and relax on the beach. The building is smoke free and no pets are allowed. There is also one parking spot with the unit.
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Microwave, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Dining Area, Efficiency, Floor Plan - Open, Kitchen - Efficiency, Recessed Lighting, Window Treatments
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Common, Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 480
  • Living Area Sq Ft: 480
  • Price Per Sq Ft: 145.62
  • Above Grade Finished Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Flat
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fixed Wireless

Condo/Co-op/Association

  • HOA Fees: 415.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Cable, Common Grounds, Laundry Facilities, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Heat, High Speed Internet, Insurance, Laundry, Lawn Maintenance, Management, Pool(s), Reserve Funds, Snow Removal, Standard Phone Service, Taxes, Trash, Water
  • HOA Name: THE SURF CLUB
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.18-194.00-110B
  • Tax Year: 2022
  • Close Date: 04/03/2023

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $84,700 +23.6% $176 / Sq Ft
04/03/2023 04/03/23 Sold $68,500 -2.0% $143 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $69,900 -- $146 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maria Bennett

    Seller's Agent in 2025

    Maria Bennett

    Iron Valley Real Estate at The Beach

    (302) 331-8882

    5 in this area

    70 Total Sales

    Maria Bennett
    Section Image
  • David Landon

    Seller's Agent in 2023

    David Landon

    Patterson Schwartz

    (302) 218-8473

    1 in this area

    330 Total Sales

    David Landon
    Section Image
  • Kirsten Landon

    Seller Co-Listing Agent in 2023

    Kirsten Landon

    Patterson Schwartz

    (302) 218-8474

    1 in this area

    154 Total Sales

    Kirsten Landon
    Section Image
  • Steve MacPherson

    Buyer's Agent in 2023

    Steve MacPherson

    BHHS Fox & Roach

    (302) 547-3682

    4 in this area

    9 Total Sales

    Steve MacPherson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2037480

Bright MLS

Delaware Sussex County Dewey Beach 19971

1 Read Ave Unit 110B, Dewey Beach, DE

This home is located at 1 Read Ave Unit 110B, Dewey Beach, DE 19971 and is currently priced at $68,500, approximately $142 per square foot. This property was built in 1955. 1 Read Ave Unit 110B is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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