CHARIS REALTY GROUP

Coastal, Contemporary

11 OLIVE AVENUE

REHOBOTH BEACH , DE 19971

MLS#: 1001028272

$2,769,000

Status: Closed
Listing number: 1001028272
Listing provided by: Jack Lingo - Rehoboth
Listing agent phone: None
Last update: 1 year, 1 month ago
On site: 8 years ago
Browse Properties
NORTH REHOBOTH - Residential

Property

Beds

5

Full Baths

4

1/2 Baths

2

Year Built

2012

Sq.Footage

3,557

Rehoboth Beach Superior Beach Complex with POOL!Sold FURNISHED (some exclusions) Coastal Custom Home in ocean block with detached apartment and pool! Builder is renowned for remarkable coastal style homes at the beach with incredible flow, natural light, top of the line upgrades, and space. Energy efficient and maximized for outdoor living, this cannot be duplicated with today?s current zoning regulations. The home, including back apartment will exceed your expectations, featuring gourmet kitchen, open porches, 2 master bedrooms, coffered ceilings, gas fireplace, and premium finish work throughout. Front house is a successful rental with $75,193 in rental income. Back house would generate another $10K and is equipped with its own ELEVATOR! Full projected income with use of pool and all amenities would be $100,000-$125,000!11A Olive Avenue: 4 / 3.5 (sleeps 8), 11B Olive Avenue:1 BR, 1 loft, 1/5 BA.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Pantry, Ceiling Fan(s), Elevator, Vaulted Ceiling(s)

  • Total Bedrooms

    5

  • Bathrooms

    4

  • 1/2 Bathrooms

    2

  • Above Grade Finished Area

    3557.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Heat Pump, Ceiling Fan(s), Zoned

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Propane, Zoned, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Other Exterior Features

    Balcony

  • Parking

    Off Street, Garage, Driveway, Detached

  • Patio and Porch Features

    Patio, Porch

  • Pool

    Yes

  • Pool Features

    In Ground, Private

  • Waterfront YN

    NO

  • View

    Water, Ocean

Area & Lot

  • Lot Features

    Cleared

  • Lot Size(acres)

    0.12

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Coastal, Contemporary

Price

  • Sales Price

    $2,769,000

  • Tax Amount

    2167.0

  • Zoning

    TOWN CODES

  • Sq. Footage

    3, 557

  • Price/SqFt

    $778

HOA

  • Association

    Yes

  • Association Fee Frequency

    Annually

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Association Amenities

    Beach Access

  • Foundation Details

    Block

  • Sewer

    Public Sewer

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Listing Courtesy of TRACY J. KELLEY , Jack Lingo - Rehoboth

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Rehoboth Beach Superior Beach Complex with POOL!Sold FURNISHED (some exclusions) Coastal Custom Home in ocean block with detached apartment and pool! Builder is renowned for remarkable coastal style homes at the beach with incredible flow, natural light, top of the line upgrades, and space. Energy efficient and maximized for outdoor living, this cannot be duplicated with today?s current zoning regulations. The home, including back apartment will exceed your expectations, featuring gourmet kitchen, open porches, 2 master bedrooms, coffered ceilings, gas fireplace, and premium finish work throughout. Front house is a successful rental with $75,193 in rental income. Back house would generate another $10K and is equipped with its own ELEVATOR! Full projected income with use of pool and all amenities would be $100,000-$125,000!11A Olive Avenue: 4 / 3.5 (sleeps 8), 11B Olive Avenue:1 BR, 1 loft, 1/5 BA.

11 OLIVE AVENUE

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