ddMLS # DESU2107836
8 olive ave #111, Rehoboth Beach, DE 19971
$1,125,000
Rarely on the market 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 Stainless 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. On the first floor there is also a nice sized storage area/pantry. Read More
Property Summary
Status:
Active
MLS #:
DESU2107836
Street Address:
8 Olive Ave #111
City, State Zip:
Rehoboth Beach, DE 19971
County:
Sussex
Community:
None Available
Area:
750 Sq Ft
Price
$1,125,000
Beds:
2
Baths:
2 Full / 0 Half
Garage:
1
Year Built:
1970
# of Stories:
2
Style:
Coastal
Property Description
Rarely on the market 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 Stainless 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. On the first floor there is also a nice sized storage area/pantry. Where the fireplace is located it offer additional storage as well. The second floor offers a primary bedroom with full bath along with a quest bedroom with hall bath. Both bathrooms have been updated. Enjoy one parking space in the secure underground 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.Property Details
Bedrooms
Total Bedrooms:
2
BATHROOMS
Bath - Full:
2
Bath - Half:
0
Total Baths:
2
KITCHEN & DINING
- 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
OTHER ROOMS
Total Rooms:
0
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
Security and Fire:
Main Entrance Lock,Monitored,Security Gate
Furnished:
No
Accessibility:
None
Elevator:
No
Extra Unit:
Coastal
APPLIANCES
- Built-In Microwave
- Built-In Range
- Dishwasher
- Exhaust Fan
- Refrigerator
- Water Heater
HEATING & COOLING
Cooling:
Central A/C, Ceiling Fan(s)
Heating:
Central, Heat Pump(s)
Fireplace:
Yes - Electric,Heatilato
UTILITES
- Public
- Public Sewer
AMENITIES & COMMUNITY FEATURES
- Common Grounds
- Elevator
- Fencing
- Laundry Facilities
- Pool - Outdoor
- Security
POOL & SPA
Pool: Yes - Community
BUILDING & CONSTRUCTION
Style:
Coastal
Floors:
2
Exterior Type:
Block, Concrete
EXTERIOR & LOT FEATURES
- Sidewalks
- Street Lights
- Underground Lawn Sprinkler
Views:
None
Lot Sq Ft:
20909
Lot Size:
0.00 x 0.00
Waterfront:
No
GARAGE & PARKING:
# of Garage Spaces:
1
Parking:
Parking Garage
SCHOOL INFORMATION
School District:
Cape Henlopen
OTHER PROPERTY INFO
City:
Rehoboth Beach
Area:
Lewes Rehoboth Hundred (31009)
Subdivision:
None Available
In City Limits:
Yes
Map Section:
East of Rt 1
New Construction:
No
Historic Distict:
No
Last Price Change:
03/23/2026 03:14:52
# of Day on Market:
1 Days
FINANCE INFO
List Price:
$1,125,000
Annual Property Tax:
$2,342
HOA Fees:
$0
Condo Fees:
$3,290 (Quarterly)
Financing Type:
Cash, Conventional
LISTING FIRM
Listed By:
Dave McCarthy & Associates, Inc.
Listing Firm Phone:
2147483647
ASK A QUESTION
Call us at 302-344-9002 or use the form below to contact us regarding this property or to request a private showing.