$775,000
SOLD JUN 15, 2020

The Henlopen Condominium 527 North Boardwalk Unit 705 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,340 Sq Ft
$722/mo HOA Fee

Recently Sold

$578 Per Sq Ft

1% Below List Price

64 Days on Market

Highlights

  • Beach
  • Home fronts navigable water
  • Sandy Beach
  • Rehoboth Elementary School Rated A
  • Access to Tidal Water
  • 4-minute walk to Lake Gerar Park

About This Home

As of May 2025

Rehoboth's Premier Oceanfront Condo Building located on one of the best beaches on the east coast! Rarely offered 7th floor, 2-bedroom, 2- bath unit in the Henlopen Condominium, at the north end of Rehoboth's famous boardwalk. The 1340 square feet of bright open living space offers stunning ocean views and access to multiple decks. The unit boasts a separate kitchen with breakfast bar and 2 separate living areas, one a lounge area which can be used as an optional 3rd bedroom/flex room. There are dining areas with plenty of room to easily entertain large parties or intimate dinners. There is also a washer and dryer in the unit. The oversized master bedroom with ensuite bath offers an abundance of closet space and a private balcony with ocean views. The building provides secure access and monitoring, private entrance to the beach with outdoor showers, stunning rooftop pool with panoramic ocean views, private underground parking, & elevators. Park your car and walk to the many restaurants and shops in-town Rehoboth. Just steps to the sand and surf! The premier location is convenient to Gordons Pond State Park and the Breakwater Junction hiking and bike trails. The perfect beach retreat or year-round get away. Call for an appointment today!

Last Agent to Sell the Property

Mike Kogler Team

Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 03/03/2020

Long & Foster Real Estate, Inc.

Co-Listed By

CAROL LAZZARA

Long & Foster Real Estate, Inc. License #RS-0023962

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1973

Lot Details

  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $722 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Basement Garage
  • Parking Lot
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Dining Area
  • Surveillance System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Lake Privileges
  • Multiple Balconies
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.14-7.00-705

Community Details

Overview

  • Association fees include cable TV, common area maintenance, high speed internet, lawn maintenance, pool(s), sewer, trash, water
  • Mid-Rise Condominium
  • Henlopen Community
  • North Rehoboth Subdivision
  • Property Manager

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,111

Year Built

Built in 1973

Lot Details

0

HOA Fees

$722 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Inclusions: Sold Fully Furnished.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Remarks Public: Rehoboth's Premier Oceanfront Condo Building located on one of the best beaches on the east coast! Rarely offered 7th floor, 2-bedroom, 2- bath unit in the Henlopen Condominium, at the north end of Rehoboth's famous boardwalk. The 1340 square feet of bright open living space offers stunning ocean views and access to multiple decks. The unit boasts a separate kitchen with breakfast bar and 2 separate living areas, one a lounge area which can be used as an optional 3rd bedroom/flex room. There are dining areas with plenty of room to easily entertain large parties or intimate dinners. There is also a washer and dryer in the unit. The oversized master bedroom with ensuite bath offers an abundance of closet space and a private balcony with ocean views. The building provides secure access and monitoring, private entrance to the beach with outdoor showers, stunning rooftop pool with panoramic ocean views, private underground parking, & elevators. Park your car and walk to the many restaurants and shops in-town Rehoboth. Just steps to the sand and surf! The premier location is convenient to Gordons Pond State Park and the Breakwater Junction hiking and bike trails. The perfect beach retreat or year-round get away. Call for an appointment today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Range Hood, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 7
  • Flooring Type: Tile/Brick
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Kitchen - Gourmet, Primary Bath(s), Stall Shower, Tub Shower, Window Treatments
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Below Grade Finished Sq Ft: 1340
  • Total Below Grade Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 527

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: Concrete, Masonry
  • Exterior Features: Street Lights, Secure Storage, Exterior Lighting, Extensive Hardscape, Sidewalks
  • Roof: Flat, Rubber
  • Spa: No
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Covered Parking, Underground, Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Off Street, Attached Garage

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: Smoke Detector, Desk In Lobby, Resident Manager, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 8664.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Elevator, Pool - Outdoor, Security, Swimming Pool, Water/Lake Privileges, Cable
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Lawn Maintenance, Pool(s), Sewer, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Size Acres: 0.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20909.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 36490.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5196371
  • School Tax: 1573.00
  • Tax Annual Amount: 2111.00
  • Assessor Parcel Number: 334-14.14-7.00-705
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/15/2020

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

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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
05/16/2025 05/16/25 Sold $1,400,000 0.0% $1,045 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $1,400,000 +16.7% $1,045 / Sq Ft
02/09/2024 02/09/24 Sold $1,200,000 -5.9% $896 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
10/18/2023 10/18/23 For Sale $1,275,000 +64.5% $951 / Sq Ft
06/15/2020 06/15/20 Sold $775,000 -0.5% $578 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $779,000 -- $581 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU156866

Bright MLS