UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 1,097 sqft
Price per Sqft $524
Subdivision Sea Colony East
MLS Listing ID DESU2120444
Style Contemporary
Bedrooms 2
Full Baths 2
Condo Fees $862/qua
HOA Fees $2,320/qua
HOA Y/N Y
Abv Grd Liv Area 1,097
Land Lease Amount 2000.0
Land Lease Frequency Annually
Year Built 1973
Available Date 2026-09-19
Annual Tax Amount $1,151
Tax Year 2026
Lot Size 8.190 Acres
Acres 8.19
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
short-term rentals. With a spacious 1,097 sq. ft. layout, this hi-rise apartment is designed for modern living. The property boasts a range of amenities, including indoor and outdoor pools, fitness center, tennis and pickleball courts, and beach access, making it attractive to a wide array of renters. The association fee covers essential services such as cable, water, and maintenance, ensuring low management costs for investors. With a strong rental market and desirable location, this property presents an excellent opportunity for generating consistent returns.
Community amenities, and low maintenance makes this unit a smart addition to any investment portfolio. Don't miss out on this chance to capitalize on coastal living! Average rental income is $21,000-$22,000 per year.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning AR-1
Direction West
Rooms
Main Level Bedrooms 2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Inclusions Furnished except for personal items and exclusions below.
Heat Source Electric
Exterior
Parking Features Basement Garage
Garage Spaces 1.0
Utilities Available Cable TV, Phone Available
Amenities Available Beach, Cable, Elevator, Fitness Center, Meeting Room, Pickleball Courts, Pool - Indoor, Pool - Outdoor, Security, Tennis Courts
Water Access Y
View Ocean
Accessibility Elevator
Total Parking Spaces 1
Garage Y
Private Pool Yes
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Above Ground Finished SqFt 1097
Sewer Public Septic
Water Public, Private
Architectural Style Contemporary
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Indian River
Others
Pets Allowed N
HOA Fee Include Cable TV,Ext Bldg Maint,Insurance,Lawn Maintenance,Road Maintenance,Trash,Water
Senior Community No
Tax ID 134-17.00-56.01-206N
Ownership Land Lease
SqFt Source 1097
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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David Swann
Agent License ID: SP40002154, 625023, 0225241774
Agent License ID: SP40002154, 625023, 0225241774