NOT LISTED FOR SALE

1301 Coastal Hwy Unit 354 Dewey Beach, DE 19971

Estimated Value: $885,000 - $1,040,000

2 Beds
2 Baths
1,050 Sq Ft
$635/mo HOA Fee

Last Sold March 11, 2022

Last sale price $840,000 $800 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,037/month

37 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Sandy Beach
  • Fitness Center
  • Rehoboth Elementary School Rated A
  • Public Water Access
  • 4-minute walk to Delaware Seashore State Park

About This Home

As of March 2022

Beautiful 2BR/2BA condo with an open floorplan in the coveted Residences at Lighthouse Cove in Dewey Beach, being offered turnkey. Balcony views of the Rehoboth Bay and Atlantic Ocean and just steps away from both for your enjoyment! This unit was built approximately 4 years ago, and is appointed with granite countertops in the kitchen and bathroom vanities, ceramic flooring throughout, and a stainless steel appliance package. Among the many amenities is an outdoor pool on the 3rd floor overlooking the Rehoboth Bay and garage parking. Great value as a vacation home, as well as income potential for interested investors.

Last Agent to Sell the Property

CHAD GWINN

Iron Valley Real Estate Premier License #RS-0023634 Listed on: 12/18/2021

Iron Valley Real Estate Premier

Last Buyer's Agent

CHERYL DIFONZO

HARVEY, HANNA & ASSOCIATES, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $794

Year Built

  • Built in 2017

Lot Details

  • 300 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces
  • Secure Parking

Home Design

  • Blown-In Insulation
  • Batts Insulation
  • Copper Plumbing
  • CPVC or PVC Pipes

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Gas Fireplace
  • Ceramic Tile Flooring

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Outdoor Shower
  • Public Water Access
  • Property near a bay
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Metered Propane
  • Propane Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-1.00-V354

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pool(s), trash
  • Low-Rise Condominium
  • Lighthouse Cove Subdivision

Recreation

  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Dogs Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$794

Year Built

Built in 2017

Lot Details

0

HOA Fees

$635 per month

Parking

2

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
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Personal belongings
  • Inclusions: Unit comes fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2017
  • Remarks Public: Beautiful 2BR/2BA condo with an open floorplan in the coveted Residences at Lighthouse Cove in Dewey Beach, being offered turnkey. Balcony views of the Rehoboth Bay and Atlantic Ocean and just steps away from both for your enjoyment! This unit was built approximately 4 years ago, and is appointed with granite countertops in the kitchen and bathroom vanities, ceramic flooring throughout, and a stainless steel appliance package. Among the many amenities is an outdoor pool on the 3rd floor overlooking the Rehoboth Bay and garage parking. Great value as a vacation home, as well as income potential for interested investors.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Floor Plan - Open, Kitchen - Island
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit
  • Living Area Units: Square Feet
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 809.52
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1301

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Batts Insulation, Blown-In Insulation, Concrete, Copper Plumbing, Cpvc/Pvc
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower, Sidewalks
  • Water Access Features: Public Access, Public Beach
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Parking Features: Secure Parking
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Metered
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 635.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s), Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Acres: 2.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 103237.00
  • Zoning: RC
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5205313
  • School Tax: 719.00
  • Tax Annual Amount: 794.00
  • Assessor Parcel Number: 334-23.06-1.00-V354
  • Tax Year: 2021
  • Close Date: 03/11/2022

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Negron Javier Antonio and Ashley Salome
Bought by
Ocean Escape Rentals Llc
Current Estimated Value
$952,492

Purchase Details

Listed on
Dec 18, 2021
Closed on
Mar 11, 2022
Sold by
Quave Robert M and Quave Kristina L
Bought by
Negron Javier Antonio and Negron Ashley Salome
Seller's Agent
CHAD GWINN
Iron Valley Real Estate Premier
Buyer's Agent
CHERYL DIFONZO
HARVEY, HANNA & ASSOCIATES, INC
List Price
$849,999
Sold Price
$840,000
Premium/Discount to List
-$9,999
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$672,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Dewey Beach, DE

  • 1301 Coastal Hwy Unit 350, Dewey Beach, DE 19971

    $1,020,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • 1301 Coastal Hwy
    • Unit 350
    • Dewey Beach, DE

    Incredible investment opportunity with proven and consistent rental income in the highly sought after Residences at Lighthouse Cove. Luxury living in this beautiful and spacious 2 Bedroom and 2 Full Bathroom condominium located atop the Hyatt Place Dewey Beach. Spectacular bay views and sunsets from the private balcony with views to the ocean as well. Enjoy a Resort Lifestyle at The Residences at

    Ron Golden EXP Realty, LLC

    Section Image
  • 1406 Coastal Hwy Unit 3B, Dewey Beach, DE 19971

    $850,000

    • 2 Beds
    • 2 Baths
    • 879 Sq Ft
    • 1406 Coastal Hwy
    • Unit 3B
    • Dewey Beach, DE

    This beautifully renovated unit of the Delano has updates throughout that provide a fresh and modern aesthetic, offering the best in contemporary living. Located on a beach block in Dewey Beach across from the recently constructed Hyatt Place Condos, you'll immediately fall in love. Everything in this unit is completely renovated and freshly painted throughout. From the moment you walk inside,

    Shane Pezick RE/MAX Associates-Wilmington

    Section Image
See All Homes in Dewey Beach

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ocean Escape Rentals Llc -- None Listed On Document
Negron Javier Antonio $840,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Negron Javier Antonio $672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $840,000 -1.2% $800 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
12/18/2021 12/18/21 For Sale $849,999 +57.5% $810 / Sq Ft
08/06/2018 08/06/18 Sold $539,571 -5.3% $514 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
11/04/2017 11/04/17 Price Changed $569,900 -5.0% $543 / Sq Ft
08/20/2017 08/20/17 Price Changed $599,900 -6.3% $571 / Sq Ft
05/26/2016 05/26/16 For Sale $639,900 -- $609 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,149 $0 $0 $0
2023 $1,148 $0 $0 $0
2022 $1,119 $0 $0 $0
2021 $1,112 $0 $0 $0
2020 $1,113 $0 $0 $0
2019 $1,100 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CHAD GWINN

    Seller's Agent in 2022

    CHAD GWINN

    Iron Valley Real Estate Premier

    (703) 786-9250

    2 in this area

    30 Total Sales

    CHAD GWINN
    Section Image

  • C

    Buyer's Agent in 2022

    CHERYL DIFONZO

    HARVEY, HANNA & ASSOCIATES, INC

    (302) 323-9300

    3 in this area

    4 Total Sales

    CHERYL DIFONZO
    Section Image
  • Joseph Maggio

    Seller's Agent in 2018

    Joseph Maggio

    Dave McCarthy & Associates, Inc.

    (302) 381-2268

    10 in this area

    113 Total Sales

    Joseph Maggio
    Section Image
  • Kim Hitchens

    Seller Co-Listing Agent in 2018

    Kim Hitchens

    Dave McCarthy & Associates, Inc.

    (302) 381-1071

    10 in this area

    104 Total Sales

    Kim Hitchens
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2011130

Bright MLS

APN: 334-23.06-1.00-V354

Delaware Sussex County Dewey Beach 19971

1301 Coastal Hwy Unit 354, Dewey Beach, DE

This home is located at 1301 Coastal Hwy Unit 354, Dewey Beach, DE 19971 since 18 December 2021 and is currently estimated at $952,492, approximately $907 per square foot. This property was built in 2017. 1301 Coastal Hwy Unit 354 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes