Ocean Front Property For Sale

102 WEST
Ocean Front

Ocean Front
6 Bedrooms, 2 Bathrooms

Price: $599,900.00

Quality Dewey investment! This 6 bed/2.5 ba had recent rental history in 2018 of $53,705. The owners blocked out three prime summer weeks and blocked out all of September and October for their personal use. Ideally located only 14 lots (1200') from the ocean and boasts an easy walk into Rehoboth & Dewey. This home comes completely furnished and turn key ready. Recently new appliances, granite kitchen, gas fireplace, hardwood & tile throughout, new roof 2017, bright beachy colors throughout. Wide open floor plan, excellent for entertaining. The open family room off of the kitchen flows nicely onto the screened front porch. A huge, huge great room is a super area to gather during a weekend BBQ! Let's not forget the sprawling rooftop deck that includes 3 separate deck areas perfect for a nice sun bathing, happy hour! Looking for a little quiet time? Gather outside around the quaint landscaped gardens complete with fountain pond. Ample parking for 6. Fifty seven years remain on this recently renegotiated lease @ $19K per year. Typically the value for a home like this fee simple (you own the land) would be $1.2M to $1.4M. Realize the rental income as if it was a fee simple property yet the purchase price would be under half of the price. Call your Realtor for a private showing and to run the numbers for you! Better hurry, early bird gets the worm:)

Take the virtual Tour

Bedrooms: 6
Full Baths: 2
Half Baths: 1
Waterfront: Ocean Front
Lot Dimensions:
Acreage: 0.11
Dwelling Sq Ft: 0.00
Garage: Driveway,Off Street
Heating: Baseboard - Electric
Cooling: None

Interior Features:
Exterior Features:
HOA/Condo Ammenities:
County Taxes: $44
City Taxes: $110
Water Fee: $0
Sewer Fee:
Association Fee: $0
Condo Fee: $0
Trash Fee: $0
Ground Rent: $0

Listing Status: Active

Request more information

Request information for:

* Verification Code:

Legend: * = required

Similar Properties

Delaware Beach Real Estate For Sale

Lewes Real Estate

All available single family, condo, lots and residential property listings in the Lewes, Delaware area including ocean front, ocean view and bayside properties.

All Listings data based on information from Sussex County Association of REALTORS®, which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all its faults. Data maintained by Sussex County Association of REALTORS® may not reflect all real estate activity in the market. CROWLEY ASSOCIALTES REALTY, INC. is a Real Estate licensee in the State of Delaware License Number: SCAOR: #SCAOR07031

Back to top