3 months on rocket

1406 Coastal Hwy Unit 3-A, Dewey Beach, DE, 19971

$824,900

Home List Price

$9,796*

Closing Credit

2 Bedrooms
2 Full Baths
893 SqFt
$924/SqFt
Condo

Location

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1406 Coastal Hwy Unit 3-A, Dewey Beach$824,900

Buyer Closing Credits

$9,796*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Off Street
Year Built1974
HeatingHeat Pump
CoolingCentral Air
ViewOcean, Bay
MLS #DESU2070686
StatusActive
(ACTIVE)

About 1406 Coastal Hwy Unit 3-A

Wake up to see the sunrise over the Atlantic every day from both bedrooms, Family Room, Dining area, and Balcony. In the evening, enjoy beautiful sunsets over the Rehoboth Bay from the balcony! With tons of natural light, this home served as the Model Unit in the Delano. This unique listing is being sold turn - key and is located on the ocean block of beautiful Rodney Avenue which is a quiet, wide-open, all-residential street. The first level features a bright bedroom, full bath, a well-equipped kitchen, dining area, and a convenient laundry space. Upstairs, you'll find a spacious primary bedroom with an en-suite bath, and a spacious open family room overlooking the first floor. Enjoy the soothing ocean breezes and people watching from your private balcony, ideally positioned to capture both sunsets over the Rehoboth Bay and sunrises over the ocean. The balcony also serves as a front row seat to the amazing July 4th firework display over the bay! Being in the heart of Dewey, this location is unbeatable. With no roads to cross, you're just steps away from Dewey’s beautiful, guarded beaches, perfect for relaxing or enjoying time with your family and friends. A vibrant selection of dining and nightlife can be found throughout the town, all within steps of the complex. This offers the ultimate convenience for socializing and dining out, however this home is far enough off the highway that you do not hear any traffic. Homeowners will appreciate the added convenience of assigned off-street parking for two vehicles. The building has a foot shower perfect for rinsing off after a beach day, two outdoor casual dining areas in the common spaces, and owner’s closets shared among the units for storing beach essentials. With a proven $40-50K consistent annual rental history (May through September), this property is an excellent investment opportunity with room for higher income if rented throughout the off-season. It has also served as a wonderful vacation home. The Delano community has a strong condo association with great management and solid reserves! Don't miss out on this rare opportunity to experience carefree Dewey Beach living…Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal, Contemporary
  • Year Built: 1974
  • Stories: 3
  • Living Area: 893 SqFt

Listing Office:

  • Office Name: Jack Lingo - Rehoboth
  • Office Phone: (302) 227-3883
  • Listing Agent: BRYCE LINGO

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave, Oven, Electric Range, Stainless Steel Appliances, Water Heater, Washer, Dryer
  • Basement: No
  • Flooring Type: Ceramic Tile, Partially Carpeted
  • Interior: Ceiling Fan(s), Carpet, Kitchen - Island, Wood Floors, Breakfast Area, Bathroom - Stall Shower, Combination Kitchen/Dining, Curved Staircase, Floor Plan - Open, Kitchen - Galley, Recessed Lighting, Upgraded Countertops, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Ocean, Bay
  • Exterior: Exterior Lighting, Other

Parking Information:

  • Parking: Assigned, Off Street

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Rodney Avenue and Coastal Highway, ocean block. Park on Rodney - unit is on Rodney side, assigned spots 3-A are on Rodney side

Price Information

Listing Price Info

Price Summary:

  • List Price: $824,900
  • Price Per SqFt: $924/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

$1.0M

Med. Price/SqFt

$746

Avg. Days On Market

10

# of Sold Homes

2

1406 Coastal Hwy Unit 3-A vs Dewey Beach

90 DAYS ON ROCKET

+80 Days

$824,900

-$200.1K Less

$924/SqFt

+$178 More

KEY TAKEAWAY

This property is $200.1K less than the Median Sold Price and $178/SqFt more 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: #DESU2070686

Listing Office:

  • Office Name: Jack Lingo - Rehoboth
  • Office Phone: (302) 227-3883
  • Listing Agent: BRYCE LINGO

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: 12/19/2024, 9:21:02 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

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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-227566
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 1.19 miles

  • Public District Grades KG-5

school-card-donut-227567
9
/10

  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 4.41 miles

  • Public District Grades KG-5

school-card-donut-227568
8
/10

  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 6.35 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. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1406 Coastal Hwy Unit 3-A

What is the listing price of this property?

The listing price of 1406 Coastal Hwy Unit 3-A property is $824,900.

What type of property is this?

The property 1406 Coastal Hwy Unit 3-A is a condo located in Dewey Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 1406 Coastal Hwy Unit 3-A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1406 Coastal Hwy Unit 3-A has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1406 Coastal Hwy Unit 3-A is 893 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1406 Coastal Hwy Unit 3-A is 1974.

Rocket Homes›Delaware›Sussex County›Dewey Beach›19971›1406 Coastal Hwy Unit 3-A

This home is located at 1406 Coastal Hwy Unit 3-A in Dewey Beach, DE and zip code 19971. This 893 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $824,900.

In November 2024 more than 0 listings in Dewey Beach, DE were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale in Dewey Beach, DE decreased by 5.6% between October 2024 and November 2024. In November 2024 median list price was $1,025,000 and the average listing age was 10 days.

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

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