$85,000
SOLD MAR 19, 2025

1 Read Ave Unit 209C Dewey Beach, DE 19971

-- Bed
1 Bath
476 Sq Ft
$430/mo HOA Fee

Recently Sold

$179 Per Sq Ft

139 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Ocean View
  • Sandy Beach
  • Rehoboth Elementary School Rated A
  • Access to Tidal Water
  • Building is oceanfront but unit may not have water views

About This Home

As of March 2025

Bring your family and friends to this spacious oceanview condo! This large efficiency unit includes a kitchenette, sleeper sofa, king bed, dinette seating for four, and a cozy bench seat with stunning ocean views. For less than the cost of a motor home, become a part-owner (1 of 4) and enjoy your condo on the beach for one week every month, with the option to earn rental income when you're not using it. Revenue from unused days goes into a rental pool and is paid out every 5 weeks. Financials available upon request. Don't wait—your beach escape is calling!

Last Agent to Sell the Property

Maria Bennett

Iron Valley Real Estate at The Beach

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Maria Bennett

Iron Valley Real Estate at The Beach

Iron Valley Real Estate at The Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $888

Year Built

  • Built in 1988

Lot Details

  • Building is oceanfront but unit may not have water views
  • 200 Feet of Waterfront
  • Sandy Beach
  • Public Beach

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Fractional Ownership
  • Coastal Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 476 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ocean Views

Kitchen

  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Walk-in Shower

Outdoor Features

  • Access to Tidal Water
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-194.00-209

Community Details

Overview

  • Low-Rise Condominium
  • The Surf Club Community

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$888

Year Built

Built in 1988

Lot Details

0

HOA Fees

$430 per month

Parking

10

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: No
  • Remarks Public: Bring your family and friends to this spacious oceanview condo! This large efficiency unit includes a kitchenette, sleeper sofa, king bed, dinette seating for four, and a cozy bench seat with stunning ocean views. For less than the cost of a motor home, become a part-owner (1 of 4) and enjoy your condo on the beach for one week every month, with the option to earn rental income when you're not using it. Revenue from unused days goes into a rental pool and is paid out every 5 weeks. Financials available upon request. Don't wait—your beach escape is calling!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Surface Unit, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Bathroom - Walk-In Shower
  • Fireplace: No
  • Levels Count: 3
  • Room List: Efficiency (Additional)
  • Basement: No
  • Total Sq Ft: 476
  • Living Area Sq Ft: 476
  • Price Per Sq Ft: 178.57
  • Above Grade Finished Sq Ft: 476
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • 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: Frame, Aluminum Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Street Lights
  • View: Ocean
  • Water Access Features: Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 10.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • 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: 430.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • School Tax: 406.00
  • Tax Annual Amount: 888.00
  • Assessor Parcel Number: 334-20.18-194.00-209
  • Tax Total Finished Sq Ft: 476
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/19/2025

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

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
03/19/2025 03/19/25 Sold $85,000 0.0% $179 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
10/04/2024 10/04/24 For Sale $85,000 -- $179 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2071820

Bright MLS