$1,200,000
SOLD FEB 9, 2024

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

2 Beds
3 Baths
1,340 Sq Ft
$1,135/mo HOA Fee

Recently Sold

$896 Per Sq Ft

6% Below List Price

78 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Sandy Beach
  • Rehoboth Elementary School Rated A
  • Beach
  • 4-minute walk to Lake Gerar Park

About This Home

As of May 2025

Welcome to The Henlopen on the boardwalk in Rehoboth Beach! This stunning, fully remodeled 2-bedroom condo offers a unique additional space converted into a den with built-ins & a Murphy bed, providing flexibility for extra sleeping arrangements. Step inside & be greeted by the impeccable craftsmanship & attention to detail evident throughout this recently renovated unit. The kitchen has been completely transformed with all-new features including brand new custom cabinets, quartz countertops, SS appliances with range hood & a spacious peninsula bar with seating for six. The open concept layout seamlessly connects the kitchen to the living area, making it perfect for entertaining guests. Enjoy the durability & beauty of LVT floors that flow throughout the entire condo. A new built-in wet bar adds a touch of luxury, while the efficient laundry space with a full-size washer & dryer offers convenience & functionality. An additional third bathroom has been added complete with custom tile shower that compliments the 2 existing bathrooms that have also recently been refinished with the same upgraded luxuries throughout. Custom closet systems have been installed, maximizing storage options & keeping everything organized. No detail has been overlooked in this condo's renovation. The custom batt and board trim & new interior doors add a touch of elegance, while the upgraded plumbing & lighting fixtures give a modern & sophisticated feel. The water heater was installed in 2021, ensuring reliable hot water, and the HVAC system was replaced in 2018 to provide optimal comfort year-round. With ocean views & the sound of crashing waves, you can savor the coastal lifestyle. Beach access is just steps away, allowing you to easily enjoy the sand & surf. Located in a secure building on the North End of the Boardwalk, residents of The Henlopen can feel peace of mind knowing that their home is protected. Don't miss out on this opportunity to own a fully remodeled condo in The Henlopen. Embrace the beachfront living experience & indulge in all the luxuries this condo has to offer. Schedule a showing today and make this coastal dream home your own! Sold furnished!

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 10/18/2023

RE/MAX Realty Group Rehoboth

Co-Listed By

CARRIE HELLENS

RE/MAX Realty Group Rehoboth License #RS-0015051

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 10/18/2023

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1973 | Remodeled in 2021

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Extensive Hardscape
  • Property is in excellent condition

HOA Fees

  • $1,135 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Basement Garage
  • Garage Door Opener
  • Secure Parking

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Furnished
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Window Treatments
  • Den
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Exterior Cameras

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-7.00-705

Community Details

Overview

  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, pool(s), reserve funds, sewer, trash, water
  • Mid-Rise Condominium
  • Henlopen Community
  • Property Manager

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Additional Features

  • Security Service
  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,304

Year Built

Built in 1973 | Remodeled in 2021

Lot Details

0

HOA Fees

$1,135 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: Condominium
  • Exclusions: Artwork, personal items & decor, kitchenware, contents inside cabinets and closets.
  • Inclusions: Furniture. 2 Wall hung TV's, kitchen appliances and washer/Dryer
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Range Hood, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 7
  • Flooring Type: Ceramic Tile, Luxury Vinyl Tile
  • Interior Amenities: Built-Ins, Breakfast Area, Crown Moldings, Elevator, Recessed Lighting, Upgraded Countertops, Wainscotting, Wet/Dry Bar, Window Treatments
  • Fireplace: No
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Den
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 951.49
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 527

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Roof: Unknown
  • View: Ocean
  • Water Access Features: Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned, Secure Parking
  • Garage Features: Garage Door Opener, Basement Garage, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate, Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1135.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Beach, Elevator, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Pool(s), Reserve Funds, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

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
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1722.00
  • Tax Annual Amount: 2304.00
  • Assessor Parcel Number: 334-14.14-7.00-705
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/09/2024

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

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: DESU2050062

Bright MLS