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1 READ
Dewey Beach, Sussex, Delaware 19971

MLS #: DESU2030868

Living Sq. Ft.

480

Year Built

1955

Price

$69,900


Mls Status: ACTIVE

Property Type: Condos Townhomes

List Price: $69,900

Bedrooms: 1

Full Baths: 1

List Date: 10-20-2022

Year Built: 1955

Age Qualified: N

Annual Taxes: $0

HOA Fee: $415 Monthly

Street Suffix: AVENUE

Unit Number: 110C

In City Limits: Y

Sewer: Public Sewer

Pool: Yes - Community

Waterfront: Ocean

View: Ocean

School District: Cape Henlopen

Acceptable Financing: Cash

Heating Fuel: Electric

Total Garage And Parking Spaces: 1

Cooling Fuel: Electric

Price Per Square Foot: $145.62

Lot Sq. Feet: 0

Foundation: Pilings

Map Section: East Of Rt. 1

City Taxes: $0

Ownership: Fee Simple

Building Style: Mixed

Longitude & Latitude: 38.69226000 -75.07242000

Property Description

Vacation and own on the Beach for a fraction of the Cost! That is because you own a ¼ fraction and is deeded fee simple for each quarter share owned. This ocean view condo is just steps from the beautiful beach, and a two-minute walk to Rehoboth Bay access and the center of all the action in Dewey. A 1/4 (fractional) ownership gives you the condominium to use 1 week each month (every 4 weeks). It’s the BEST of owning a beach home with NONE of the worries. You can choose to use it for yourself, offer it to family or friends, OR have the on-site management rent it for you (this unit generated $4605.65 in net rental revenue for June-August of 2022). Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering EVERYTHING! It comes completely furnished similar to a hotel room – king size bed, queen size pull out sofa bed, sunroom dining area with table & chairs, efficiency kitchen and flat screen TV . The $415/month (only fee/service you need to pay) covers the on-site management, taxes, insurance, electric, sewer, water, Heat & AC, internet & cable, plus the maintaining of the pool, BBQ, sundeck area, grounds & parking area. In addition, it covers supplying, maintaining and/or replacing the furniture, silverware, plates, glassware, & appliances. The Surf Club also offers passes to the local YMCA with full access to classes, gym and indoor pool. There is nothing to do but unpack your bags and relax on the beach. The building is smoke free and no pets are allowed. There is also one parking spot with the unit.

1 READREAD, Dewey Beach, Delaware
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MLS Listing #: DESU2030868
Asking Price: $69,900
Building: The Surf Club

Address: 1 READREAD
Dewey Beach, Sussex, Delaware 19971
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Vacation and own on the Beach for a fraction of the Cost! That is because you own a ¼ fraction and is deeded fee simple for each quarter share owned. This ocean view condo is just steps from the beautiful beach, and a two-minute walk to Rehoboth Bay access and the center of all the action in Dewey. A 1/4 (fractional) ownership gives you the condominium to use 1 week each month (every 4 weeks). It’s the BEST of owning a beach home with NONE of the worries. You can choose to use it for yourself, offer it to family or friends, OR have the on-site management rent it for you (this unit generated $4605.65 in net rental revenue for June-August of 2022). Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering EVERYTHING! It comes completely furnished similar to a hotel room – king size bed, queen size pull out sofa bed, sunroom dining area with table & chairs, efficiency kitchen and flat screen TV . The $415/month (only fee/service you need to pay) covers the on-site management, taxes, insurance, electric, sewer, water, Heat & AC, internet & cable, plus the maintaining of the pool, BBQ, sundeck area, grounds & parking area. In addition, it covers supplying, maintaining and/or replacing the furniture, silverware, plates, glassware, & appliances. The Surf Club also offers passes to the local YMCA with full access to classes, gym and indoor pool. There is nothing to do but unpack your bags and relax on the beach. The building is smoke free and no pets are allowed. There is also one parking spot with the unit.


ACTIVE
Beds: 1
Baths: 1
Year Built: 1955
Dwelling SqFt: 480
Foundation: Pilings
Pool: Yes - Community
Waterfront: Ocean
View: Ocean
Section: East Of Rt. 1
School District: Cape Henlopen
Property: Condo/Townhouse
 
TAXES & FEES are ANNUAL AMOUNTS unless otherwise noted
HOA Fee: $415 Monthly
Land Lease Years: 0
 

Roofing

Flat

Water Access Features

Public Beach

Exterior type

Mixed

Exterior Features

BBQ Grill, Outside Shower

Cooling

Central A/C

Heating

Forced Air

Water

Public

Sewer

Public Sewer

Style

Unit/Flat/Apartment

Interior Features

Combination Dining/Living, Efficiency, Floor Plan - Open, Kitchen - Efficiency, Window Treatments, Ceiling Fan(s), Dining Area, Combination Kitchen/Living, Recessed Lighting

Flooring

Vinyl

Appliances

Cooktop, Microwave, Refrigerator

Parking

Parking Lot

Days On Market

43

HOA / Condo / Coop Amenities:

Beach, Cable, Common Grounds, Laundry Facilities, Picnic Area, Pool - Outdoor, Reserved / Assigned Parking;


1 READREAD Dewey Beach, Sussex, Delaware 19971
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