$65,000
SOLD OCT 15, 2025

1 Read Ave Unit 113B Dewey Beach, DE 19971

1 Bed
1 Bath
480 Sq Ft
$435/mo HOA Fee

Recently Sold

$135 Per Sq Ft

16% Below List Price

45 Days on Market

Highlights

  • Ocean View
  • Beach
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Oceanside
  • Community Pool

About This Home

As of October 2025

Enjoy luxurious beachfront living with this 1st floor fractional ownership opportunity! This well-appointed room features breathtaking views and access to top-notch amenities. Prime location, only steps from the beach.
Elegantly furnished hotel room with ample space and a full kitchen. Sparkling outdoor pool with lounge area for soaking up the sun. Convenient on-site laundry facilities. Snack room offering quick bites and refreshments. Fractional ownership provides a cost-effective way to own a beach getaway
With a location just steps from the sand and surf, this fractional ownership is perfect for beach lovers. Spend your days swimming, sunbathing or simply unwinding to the sound of the waves. Fractional ownership allows you to enjoy the benefits of owning a vacation property at the beach for a fraction of the cost of whole ownership.
Don't miss this opportunity to secure your own slice of beach paradise. Contact us today for more details on this fractional ownership hotel room.

Last Agent to Sell the Property

Bryanna Melvin

(302) 677-0020 centraldelawarebroker@gmail.com Keller Williams Realty Central-Delaware License #RS-0025387 Listed on: 07/30/2025

Keller Williams Realty Central-Delaware

Last Buyer's Agent

Brian Barrows

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RA-0020621

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

HOA Fees

  • $435 Monthly HOA Fees

Home Design

  • Fractional Ownership
  • Coastal Architecture
  • Entry on the 1st floor

Interior Spaces

  • 480 Sq Ft Home
  • Property has 3 Levels
  • Ocean Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Oceanside
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-194.00-113B

Community Details

Overview

  • Low-Rise Condominium
  • The Surf Club Community

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Beach
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1988

HOA Fees

$435 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fractional
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator
  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Common, Shared
  • Total Sq Ft: 480
  • Living Area Sq Ft: 480
  • Price Per Sq Ft: 160.42
  • Above Grade Finished Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet

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: Combination
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 435.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Laundry Facilities, Pool - Outdoor, Picnic Area
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 155.00 x 125.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.18-194.00-113B

MLS Schools

  • School District Name: CAPE HENLOPEN
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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 List to Sale Price per Sq Ft
10/15/2025 10/15/25 Sold $65,000 -15.6% $135 / Sq Ft
07/30/2025 07/30/25 For Sale $77,000 -- $160 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2091852

Bright MLS
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