1 Read Ave Unit 114 Dewey Beach, DE 19971
Estimated payment $822/month
Highlights
- 500 Feet of Waterfront
- Access to Tidal Water
- Community Pool
- Rehoboth Elementary School Rated A
- Open Floorplan
- Recessed Lighting
About This Home
Why settle for a timeshare when you can own a piece of paradise? This budget-friendly coastal retreat offers deeded fractional ownership, meaning you gain equity as property values rise—an investment that grows with you. But beyond the financial perks, imagine the lifestyle it brings: morning beach walks, collecting seashells, and unforgettable getaways with family and friends.
This beautifully appointed unit comfortably sleeps four or more guests, featuring a king-sized bed and a queen sleeper sofa. The kitchenette is fully stocked with a two-burner cooktop, microwave, refrigerator, cookware, and all the essentials. A charming window bench provides the perfect spot to relax and take in breathtaking ocean views.
Venture into town to explore delicious restaurants and vibrant entertainment, or hop on the Jolly Trolley to Rehoboth—just steps from your door. Can’t stay as often as you’d like? Let the hotel manage your unused days, covering costs and even generating summer rental income.
The beach is calling—don’t miss this incredible opportunity!
(Seller is a licensed Realtor in the state of Delaware.)
Listing Agent
(302) 331-8882 mariacbennettRealtor@gmail.com Iron Valley Real Estate at The Beach License #RB-0020874 Listed on: 08/04/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1955 | Remodeled in 2018
Lot Details
- 500 Feet of Waterfront
- Ocean Front
- Home fronts navigable water
HOA Fees
- $435 Monthly HOA Fees
Home Design
- Fractional Ownership
- Entry on the 1st floor
- Piling Construction
Interior Spaces
- 1 Full Bathroom
- 354 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Combination Dining and Living Room
- Kitchenette
Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near an ocean
- Outdoor Grill
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Wall Furnace
- Electric Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Doors swing in
- Flood Risk
Listing and Financial Details
- Assessor Parcel Number 334-20.18-194.00-114A
Community Details
Overview
- Association fees include a/c unit(s), all ground fee, appliance maintenance, cable TV, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, heat, high speed internet, insurance, laundry, management, pool(s), reserve funds, sewer, snow removal, standard phone service, taxes, trash, water
- Low-Rise Condominium
- The Surf Club Community
- Property Manager
Amenities
- Picnic Area
- Common Area
- Laundry Facilities
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $62,000 | -4.6% | $175 / Sq Ft | |
| 08/04/2025 08/04/25 | For Sale | $65,000 | +24.6% | $184 / Sq Ft | |
| 11/23/2022 11/23/22 | Sold | $52,155 | -5.0% | $147 / Sq Ft | View Prior Sale |
| 10/20/2022 10/20/22 | For Sale | $54,900 | +71.6% | $155 / Sq Ft | |
| 11/10/2020 11/10/20 | Sold | $32,000 | 0.0% | $90 / Sq Ft | View Prior Sale |
| 09/05/2020 09/05/20 | Pending | -- | -- | -- | |
| 09/02/2020 09/02/20 | For Sale | $32,000 | -15.8% | $90 / Sq Ft | |
| 05/29/2020 05/29/20 | Sold | $38,000 | -5.0% | $107 / Sq Ft | View Prior Sale |
| 05/11/2020 05/11/20 | Pending | -- | -- | -- | |
| 03/06/2020 03/06/20 | Price Changed | $40,000 | -9.1% | $113 / Sq Ft | |
| 01/30/2020 01/30/20 | Price Changed | $44,000 | -2.2% | $124 / Sq Ft | |
| 11/20/2019 11/20/19 | For Sale | $45,000 | -- | $127 / Sq Ft |
Source: Bright MLS
MLS Number: DESU2092126
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