2 Virginia Avenue , #526

    REHOBOTH BEACH, DE 19971
    • $699,900
    • STATUS: Active
    • ON SITE: 172 days
    • ID#: DESU149780
    UPDATED: 44 min ago
    $699,900
    • 2
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,320
      SQFT
    • $530
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1966
    County:

    School Ratings & Info

    School District:

    Description

    All of the Edgewater House condominiums offer direct ocean views from the main living area and the balcony. And the two bedrooms in this condo have views of the pool, which is open from Memorial Day through Labor Day. This particular Unit has been in the same family ownership for nearly 25 years, and has been used mostly by family & friends; however, the Edgewater House commands rates from approximately +$3k/week in the peak season, $2k in the shoulder season, and approximately $1.2k in the off season for the two-bedroom condos, so this could be an excellent investment property! Unit #526 still has some of the original 1966 vintage touches such as the "bamboo" trim accents & the knotty pine walls. This Unit is a two-story condo with the main entryway foyer off of the 5th floor. The second bedroom is on this level, too. It has an en suite bath with a full-size tiled shower. It also features an entire "wall" of closet & storage space, and sliding glass doors out to a narrow balcony area where you can hang your towels to dry after a day on the beach or at the pool. The stairs from the 5th floor, which have closet storage and built-in bookshelves, lead down to the main living area. You'll find the first bedroom down here. It has a similar layout to bedroom #2 upstairs, but the en suite bath has a tub/shower combo and a linen closet, but the large closet is to the right as you enter the bedroom. The L-shaped kitchen has a pantry, fridge, dishwasher, disposal, and an electric range with range hood. There's extra countertop & cabinet space in this Unit on the back wall of the hall's utility closet space. The kitchen adjoins a spacious dining area. And the dining area opens to the large living room, which has panoramic views of the ocean. The living room's oversized sliding glass doors lead out to your 8'x14' ocean-front balcony where you can relax & watch the waves or the passers-by on the boardwalk below. The living room also has a Murphy bed for your overflow guests. Furnished and "Turn Key". Community, coin-operated laundry in the building's basement. Bike storage area in the basement, too (Unit Owners may store beach chairs here, but Renters cannot). Condo fees include one assigned parking space, and 2 City of Rehoboth-issued parking permits for non-metered spaces as part of your City taxes. Condo dues also include the pool, hot & cold water, sewer, WiFi, and 2x/yr maintenance on the AC mechanicals in the Unit. *Edgewater House is a completely non-smoking building*Pets, up to 3, are only permitted for Unit Owners, not for Renters*No rentals of less than 3 days*

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-04-02T14:51:32.86.
    www.coastline-realty.com/homes/99906186

    2 Virginia Avenue , #526 REHOBOTH BEACH, DE 19971

    • Price: $699,900
    • Status: Active
    • Updated: 44 min ago
    • ID#: DESU149780
    2
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,320
    SQFT
    $530
    $/SQFT
    1966
    Built
    Neighborhood:
    North Rehoboth
    County:
    Sussex
    Area:
    Lewes Rehoboth Hundred (31009)
    School District:
    Cape Henlopen
    Property Description
    All of the Edgewater House condominiums offer direct ocean views from the main living area and the balcony. And the two bedrooms in this condo have views of the pool, which is open from Memorial Day through Labor Day. This particular Unit has been in the same family ownership for nearly 25 years, and has been used mostly by family & friends; however, the Edgewater House commands rates from approximately +$3k/week in the peak season, $2k in the shoulder season, and approximately $1.2k in the off season for the two-bedroom condos, so this could be an excellent investment property! Unit #526 still has some of the original 1966 vintage touches such as the "bamboo" trim accents & the knotty pine walls. This Unit is a two-story condo with the main entryway foyer off of the 5th floor. The second bedroom is on this level, too. It has an en suite bath with a full-size tiled shower. It also features an entire "wall" of closet & storage space, and sliding glass doors out to a narrow balcony area where you can hang your towels to dry after a day on the beach or at the pool. The stairs from the 5th floor, which have closet storage and built-in bookshelves, lead down to the main living area. You'll find the first bedroom down here. It has a similar layout to bedroom #2 upstairs, but the en suite bath has a tub/shower combo and a linen closet, but the large closet is to the right as you enter the bedroom. The L-shaped kitchen has a pantry, fridge, dishwasher, disposal, and an electric range with range hood. There's extra countertop & cabinet space in this Unit on the back wall of the hall's utility closet space. The kitchen adjoins a spacious dining area. And the dining area opens to the large living room, which has panoramic views of the ocean. The living room's oversized sliding glass doors lead out to your 8'x14' ocean-front balcony where you can relax & watch the waves or the passers-by on the boardwalk below. The living room also has a Murphy bed for your overflow guests. Furnished and "Turn Key". Community, coin-operated laundry in the building's basement. Bike storage area in the basement, too (Unit Owners may store beach chairs here, but Renters cannot). Condo fees include one assigned parking space, and 2 City of Rehoboth-issued parking permits for non-metered spaces as part of your City taxes. Condo dues also include the pool, hot & cold water, sewer, WiFi, and 2x/yr maintenance on the AC mechanicals in the Unit. *Edgewater House is a completely non-smoking building*Pets, up to 3, are only permitted for Unit Owners, not for Renters*No rentals of less than 3 days*
    Exterior Features

    Architectural Style Split LevelTraditional Assigned Parking Spaces 1 Construction Materials Masonry Distance To Body Of Water 300 Garage YN No Location Type Oceanfront Other Structures Above GradeBelow Grade Parking Features Assigned Parking Types Parking LotOn StreetOther Pool Yes - Community Property Condition Average+Prop Riparian Rights YN No Road Responsibility City/County Roof Rubber View Ocean Water Access Features Public AccessPublic BeachSwimming Allowed Water Access YN Yes Water Body Name Atlantic Ocean Water Body Type Ocean Water Oriented YN Yes Waterfront Features Sandy Beach Waterfront YN Yes

    Interior Features

    Above Grade Fin SQFT 1320 Above Grade Unfinished Area 0 Appliances DishwasherDisposalMicrowaveOven/Range - ElectricRange Hood Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Fireplaces Total 0 Flooring CarpetTile/BrickVinyl Furnished Yes Heating Baseboard - Electric Heating YN Yes Interior Features CarpetCombination Dining/LivingFloor Plan - TraditionalKitchen - GalleyMaster Bath(S)Window Treatments Laundry Type CommonBasement Levels Other Main Level Bedrooms 1 Room List Living RoomDining RoomBedroom 2KitchenFoyerBedroom 1Bathroom 2 Rooms Total 7 Security Features Main Entrance LockResident Manager Spa YN No Unit Floors 2 Upper Level1 Bedrooms 1

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2019 Association Amenities BeachElevatorPool - OutdoorReserved/Assigned ParkingSecuritySwimming Pool Association Fee Includes All Ground FeeCommon Area MaintenanceExt Bldg MaintManagementPool(S)Reserve FundsWater Association Fee2 3160.00 Association Fee2 Frequency Quarterly Association YN No Building Name Edgewater House Central Air YN Yes Common Walls 2+ Common Walls Condo YN Yes Cooling Fuel Geothermal Cross Street 1st Street Elevator Use Fee 0.00 Elevators 1 Entry Level 5 Heating Fuel None Historic YN No Hot Water Other Lease Considered YN No Navigable Water YN Y New Construction YN No Number Of Units Total 54 Original MLSNumber 302118073418 Ownership Interest Condominium Possession 0-30 Days CdImmediate Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Penthouse Unit/Flat/Apartment Tax Annual Amount 1592.00 Vacation Rental YN No Water Average Monthly 0 Water Last12 Months 0.00 Water Source Public Window Features Insulated Zoning Tn Zoning Description Town Codes

    Listing courtesy of Sea Bova Associates Inc..


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-04-02T14:51:32.86.
     
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