8 Olive Avenue Unit #111, Rehoboth Beach, DE 19971
- $910,000
- 2
- BD
- 2
- BA
- 750
- SqFt
- Sold Price
- $910,000
- List Price
- $974,900
- Closing Date
- Jun 24, 2026
- Days on Market
- 76
- Status
- CLOSED
- MLS#
- DESU2107836
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 750
- Lot Size (Acres)
- 0.48
- Style
- Coastal
- Year Built
- 1970
- County
- Sussex
- School District
- Cape Henlopen
Property Description
Ocean View - Ocean Block & Rarely Offered - MOTIVATED SELLER! This 2 bedroom, 2 bath condo is ready for it's new owner. Located on the first floor, this unit can be accessed through the lobby, or through a secondary entrance located on the side of the building. The first floor condo is offering a updated kitchen with SS appliances, quartz countertops & undercounter LED lighting, dining & living area with fireplace and also a Queen size murphy bed along with a great patio area off the living area. In the dining area you will note a beautiful 16ft floor to ceiling window allowing a lot of natural lighting to flow in. On the first floor there is also a nice sized storage/pantry closet. The Fireplace will keep you warm on the cooler evenings and add a nice touch of ambiance. Where the fireplace is located offers additional storage as well. The 2nd floor offers a primary bedroom w/ full bath along with a covered balcony overlooking the courtyard with Koi pond and also the ability to enjoy sunset views. Enjoy the 2nd covered balcony on the upper level with a great view of the Atlantic Ocean and the famous Rehoboth Beach Boardwalk. Guest bedroom with access to the hall bath. Both bathrooms have been updated. New electric box - 2 zone heating and AC have been within the last 3 years. 4 Storm Shutters were added to protect you from the elements or simply as added protection through a storm. Freshly painted! Enjoy one parking space in the secure underground heated garage. Patrician Towers has a welcoming courtyard with Koi pond, a great place to gather with friends and family before an evening out. After a day on the beach, take the elevator up to the roof top pool with panoramic views of the ocean, boardwalk and the city. Sunrises and sunsets from there are not to be missed. If you enjoy biking, Rehoboth is home to the Breakwater Junction Trail, known for its natural beauty and proximity to historic Lewes and beyond. Bike storage is located in the garage. In recent years, Patrician Towers has undergone major renovations to the building to maintain its structural integrity, improve appearance and protect the investment of its owners. These include new aluminum awnings; aluminum railings, balcony and walkway coating; brick pointing; concrete repairs; caulking; soffit coatings; drip edge replacement and more! All phases were completed prior to May, 2023. There is a 1% Capital Contribution Fee at the time of closing.
Additional Information
- Area
- Lewes Rehoboth Hundred (31009)
- Subdivision
- North Rehoboth
- Building Name
- Patrician Towers
- Taxes
- $2342
- Condo Fee
- $3290
- Interior Features
- Bathroom - Tub Shower, Bathroom - Walk-In Shower, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Dining Area, Kitchen - Efficiency, Recessed Lighting, Upgraded Countertops, Window Treatments
- Amenities
- Common Grounds, Elevator, Fencing, Laundry Facilities, Pool - Outdoor, Security
- School District
- Cape Henlopen
- Fireplaces
- 1
- Fireplace Description
- Electric, Heatilator
- Garage
- Yes
- Garage Spaces
- 1
- Exterior Features
- Sidewalks, Street Lights
- Community Amenities
- Common Grounds, Elevator, Fencing, Laundry Facilities, Pool - Outdoor, Security
- View
- Ocean
- Heating
- Central, Heat Pump(s)
- Heating Fuel
- Geo-thermal
- Cooling
- Central A/C, Ceiling Fan(s)
- Utilities
- Cable TV
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Dave McCarthy & Associates, Inc.. Contact:
Selling Office: .