Olive Avenue Rehoboth Beach Delaware
Single Family Home For Sale

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11 OLIVE AVENUE, Rehoboth Beach, Delaware
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MLS Listing #: 719285
Asking Price: $2,769,000
Community: North Rehoboth

Address: 11 OLIVE AVENUE
            Rehoboth Beach, Sussex, Delaware 19971
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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.


Beds: 5
Baths: 4
Half-Baths: 2
Year Built: 2012
Dwelling SqFt: 3557
Lot Acres: 0.12
Garage: Detached 1 Car
Foundation: Concrete Block
Pool: Inground
Waterview: Ocean
Section: East Of Rt. 1
School District: Cape Henlopen
Property: Single Family
 
TAXES & FEES are ANNUAL AMOUNTS
City Tax: $551
County Tax: $1,616
Trash Fee: $500
Rental Income: $100,000
 
Basement
Outside Stairs
Unfinished
Roofing
Architectural Shingle
Exterior type
Concrete Plank
Exterior Features
Fencing-Partial
Irrigation System
Cooling
Central A/C
Heat Pump(s)
Zoned A/C
Heating
Gas - Propane
Heat Pump(s)
Multi Zone
Water
Public Central Water
Sewer
Public Central Sewer
Style
Coastal
Contemporary
Porch/Patio/Deck
Balcony(s)
Patio - Rear
Porch - Front
Interior Features
Cable TV Prewired
Ceiling Fan(s)
Elevator
Fireplace-Gas
Insulation
MBED-Full Bath
Screen(s)
Two Master Bedrooms
Vaulted Ceilings
Walk-In Closets
Flooring
Hardwood
Kitchen
Countertops - Granite
Eat In
Pantry
Appliances
Cooktop
Dishwasher
Disposal
Dryer-Electric
Fridge W/Ice Maker
Microwave
Oven/Range Electric
Washer
Water Heater Electric
Parking
Driveway/Off Street
Garage
Fireplace
Gas
Condo/HOA Amenities
Beach
Sidewalks
Lot Description
Cleared
Landscaped

MLS Listing Information