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The unobstructed view of the Atlantic Ocean is just amazing. This 4th floor Ocean Front Corner unit has fantastic views as far as the eye can see. There are not many 2 bedroom 2 bath units in the Star of the Sea building. The last time one came available was 2019. There are 2 bedrooms and a murphy bed in the living room that easily sleeps 6. The whole place has luxury vinyl flooring that is easy to take care of and can stand up to sand and pets. The kitchen has granite counter tops. This home has been meticulously maintained by loving owners. This unit had rental income of $52,000- for the 2023 season. It was not rented out after 10/1 in order to sell it. Much more potential during the shoulder season. It is rented every week during the summer without fail. For 2024 the unit is 70% rented for the summer season. Project room in basement. If you need to saw, cut, or paint the room is available to you. Each unit gets 2 city parking spaces for the summer and 2 visitors parking passes.
DAYS ON MARKET | 61 | LAST UPDATED | 11/29/2023 |
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TRACT | SOUTH REHOBOTH | YEAR BUILT | 1973 |
COMMUNITY | Lewes Rehoboth Hundred (31009) | GARAGE SPACES | 1.0 |
COUNTY | SUSSEX | STATUS | Active |
PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
School District | CAPE HENLOPEN |
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PRICE HISTORY | |
Prior to Nov 29, '23 | $1,599,999 |
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Nov 29, '23 - Today | $1,459,000 |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Water Heater |
AREA | Lewes Rehoboth Hundred (31009) |
BUYER'S BROKERAGE COMPENSATION | 2.25 |
GARAGE | Yes |
HEAT | Electric, Forced Air |
INTERIOR | Elevator |
LOT DESCRIPTION | Waterfront |
LOT DIMENSIONS | 0.00 x 0.00 |
SEWER | Public Sewer |
STORIES | 6 |
STYLE | Other |
SUBDIVISION | SOUTH REHOBOTH |
TAXES | 1527 |
VIEW | Yes |
VIEW DESCRIPTION | Water, Ocean |
WATER | Public |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Ocean Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by EXP Realty, LLC
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2023 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2023.