$950,000
SOLD SEP 22, 2025

512 Farragut House Rd Unit 512 Bethany Beach, DE 19930

3 Beds
2 Baths
1,174 Sq Ft
$1,131/mo HOA Fee

Recently Sold

$809 Per Sq Ft

14% Below List Price

7 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Access to Tidal Water

About This Home

As of September 2025

Location, location, location! 512 Farragut House presents sweeping views of the Atlantic Ocean with an eastern exposure delivering glorious sunrises. This 3 bedroom/2 bath end oceanfront condominium offers a larger square footage of 1,174 and is currently a seasonal rental producing $28,000 to $30,000 in gross rental return with previous years producing up to $53,000. Great investment opportunity! Located on the 5th floor of the sought-after Farragut House with prime location next to the Edgewater and steps to the new “Sandbar” Seaside deli and coffee shop, indoor pool and fitness center. Walk the promenade to 5 outdoor heated pools and separate kiddie pools. World class amenities include a half-mile of lifeguarded private beach, USTA Award Winning Tennis with an indoor championship tennis center and outdoor tennis courts, 17,000 sq ft fitness center, and indoor/outdoor lap pools. Summer is here and this oceanfront retreat is calling you! Schedule your private tour today.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 07/28/2025

Long & Foster Real Estate, Inc.

Co-Listed By

GAIL PHELAN

(302) 233-4909 gail@lesliekopp.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dustin Parker

(302) 483-7688 clientcare@theparkergroup.com The Parker Group License #672690

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1976

Lot Details

  • 1,000 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Backs To Open Common Area
  • Cul-De-Sac
  • Landscaped
  • Extensive Hardscape
  • Land Lease expires in 50 years
  • Ground Rent expires in 50 years

HOA Fees

Property Views

  • Ocean
  • Scenic Vista

Home Design

  • Coastal Architecture
  • Entry on the 5th floor
  • Metal Roof
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,174 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Front Loading Dryer
  • Washer

Home Security

Parking

  • 1 Off-Street Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Lake Privileges
  • Balcony
  • Exterior Lighting
  • Play Equipment

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.04-512

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, road maintenance, security gate, snow removal, trash
  • High-Rise Condominium
  • Built by Carl M. Freeman
  • Sea Colony Farragut Community
  • Sea Colony East Subdivision

Amenities

  • Sauna

Recreation

  • Beach
  • Private Beach Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Saltwater Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,094

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,131 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main
  • Expected On Market: 7/28/2025 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Galley, Primary Bedroom - Ocean Front, Window Treatments
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1174
  • Living Area Sq Ft: 1174
  • Price Per Sq Ft: 936.97
  • Above Grade Finished Sq Ft: 1174
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Concrete, Masonry
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Play Equipment, Private Beach, Street Lights
  • Road Surface Type: Paved
  • Roof: Metal
  • View: Ocean, Scenic Vista
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Off Street
  • Off Street Parking Spaces: 1
  • 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
  • Security: 24 Hour Security, Fire Detection System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 804.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2590.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Beach Club, Elevator, Exercise Room, Fitness Center, Hot Tub, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete, Fenced, Filtered, Heated, In Ground, Indoor, Lap/Exercise, Saltwater

Fee Information

  • Capital Contribution Fee: 6000.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 50
  • Lot Features: Backs - Open Common Area, Cul-De-Sac, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman

Rental Info

  • Furnished: Yes
  • Ground Rent Years Remaining: 50
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 28405.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 976.00
  • Tax Annual Amount: 1094.00
  • Assessor Parcel Number: 134-17.00-56.04-512
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

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 List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $950,000 -13.6% $809 / Sq Ft
07/28/2025 07/28/25 For Sale $1,100,000 -- $937 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2025

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    355 in this area

    676 Total Sales

    Leslie Kopp
    Section Image

  • G

    Seller Co-Listing Agent in 2025

    GAIL PHELAN

    Long & Foster

    (302) 233-4909

    89 in this area

    130 Total Sales

    GAIL PHELAN
    Section Image
  • Dustin Parker

    Buyer's Agent in 2025

    Dustin Parker

    The Parker Group

    (302) 483-7688

    5 in this area

    736 Total Sales

    Dustin Parker
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2090708

Bright MLS
Delaware Sussex County Bethany Beach 19930

512 Farragut House Rd Unit 512, Bethany Beach, DE

Sold

Condos

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