5 months on rocket

Backup Offers

1 Read Ave Unit 303D, Dewey Beach, DE, 19971

$89,900

Home List Price

$1,068*

Closing Credit

1 Full Bath
476 SqFt
$189/SqFt
Condo

Location

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1 Read Ave Unit 303D, Dewey Beach$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered Parking, Parking Garage
Garage10 spaces
Year Built1988
HeatingOther
CoolingCentral Air
ViewOcean
MLS #DESU2064232
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1 Read Ave Unit 303D

Don't wait because Now is the perfect time to seize this opportunity! Imagine yourself on the ocean, enjoying one of the best views of the Beach. Become a part owner of this beautiful condominium efficiency and experience the benefits that come with ownership. As a part owner, you will have the flexibility to use your unit for one full week every month. Whether you choose to use it yourself or let the hotel book it, the choice is yours. The revenue generated from this week will go into a rental pool, which will include revenue from all ten of the ocean front units. The only days you won't receive revenue during your monthly week are the days you decide to use it personally. This waterfront property offers the convenience of restaurants and, live entertainment all close by, including the Jolley Trolley. Take advantage of this transportation option to explore Rehoboth and save on parking expenses. I cannot stress enough what an incredible opportunity this is, so don't hesitate. Your dream beachfront property awaits you! Contact us for more information, and financial details are available upon request.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1988
  • Stories: 3
  • Living Area: 476 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate at The Beach
  • Office Phone: (302) 541-8787
  • Listing Agent: Maria C. Bennett

Interior Features

Interior Information:

  • Appliances: Cooktop, Microwave, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Ocean
  • Exterior: BBQ Grill, Exterior Lighting, Outside Shower, Street Lights

Parking Information:

  • Garage Space: 10 spaces
  • Parking: Covered Parking, Parking Garage

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Coastal Hwy to Read St. Surf Club on the right at the end of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $189/SqFt
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Housing Market Comparison

See how this home compares to others in Dewey Beach, DE.

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Dewey Beach, DE

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$776

Avg. Days On Market

32

# of Sold Homes

4

1 Read Ave Unit 303D vs Dewey Beach

162 DAYS ON ROCKET

+130 Days

$89,900

-$1.0M Less

$189/SqFt

-$587 Less

KEY TAKEAWAY

This property is $1.0M less than the Median Sold Price and $587/SqFt less than other homes in Dewey Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2064232

Listing Office:

  • Office Name: Iron Valley Real Estate at The Beach
  • Office Phone: (302) 541-8787
  • Listing Agent: Maria C. Bennett

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-865843
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 1.44 miles

  • Public District Grades KG-5

school-card-donut-865844
9
/10

  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 4.62 miles

  • Public District Grades KG-5

school-card-donut-865845
8
/10

  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 6.61 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,167. The most common annual income of people living in Dewey Beach, DE is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1 Read Ave Unit 303D

What is the listing price of this property?

The listing price of 1 Read Ave Unit 303D property is $89,900.

What type of property is this?

The property 1 Read Ave Unit 303D is a condo located in Dewey Beach, Delaware, 19971.

Is this property for sale now?

Accepting Backup Offers: 1 Read Ave Unit 303D is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 1 Read Ave Unit 303D has 1 bathroom..

What is the square footage of this property?

The property 1 Read Ave Unit 303D is 476 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 Read Ave Unit 303D is 1988.

Rocket Homes›Delaware›Sussex County›Dewey Beach›19971›1 Read Ave Unit 303D

This home is located at 1 Read Ave Unit 303D in Dewey Beach, DE and zip code 19971. This 476 square foot home was built in 1988. Features: 1 bathroom. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $89,900.

In October 2024, from all listings sold in Dewey Beach, DE there were more than 0 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $1,138,000.

From Rocket Homes Real Estate and based on county public records data.

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