Sold
Listed By:
Carla Campbell with Monument Sotheby's International Realty - 3022276767;
Sold By:
Monument Sotheby's International Realty
Address
409 Rehoboth Avenue # 20, Rehoboth Beach, DE
Price
$ 505,000
Property Attributes
  • MLS#DESU2101740
  • TypeCondos
  • Listing Status CLOSED
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • NeighborhoodNorth Rehoboth
  • Zip19971
  • StyleBi-level
  • Year Built1978
  • Taxes$ 1198
  • Price$ 505,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage588
Data Source:
Bright MLS
Property Description

Easy to own. Easy to love. Easy to relax. Easy to rent. A truly turnkey coastal getaway with excellent rental potential in one of Delawares most desirable beach towns. Welcome to an exceptional opportunity within the City of Rehoboth Beachaffectionately known as The Nations Summer Capital. Situated directly on Rehoboth Avenue and just five blocks to the iconic boardwalk and the pristine Atlantic Ocean, this refreshed condo offers the ultimate blend of convenience, lifestyle, and coastal charm. Whether you're seeking a turnkey beach retreat or a smart investment property, this residence checks every box. The unit was just revitalized with new paint, new luxury vinyl plank flooring on the main level, and new carpet on the bedroom level downstairs. The building itself has also been updated in recent years, ensuring a clean, modern look and ease of ownership. The upper level features an open-concept living and dining area with abundant natural light, a granite kitchen with stainless appliances, and sliding doors that lead to your private balcony overlooking the vibrancy of Rehoboth Avenueperfect for morning coffee, afternoon reading, or sunset cocktails. On the lower-level, the spacious bedroom and full bath create a comfortable and quiet retreat, offering separation between living and sleeping spaces ideal for full-time use or vacation stays. Step outside and enjoy award-winning dining, boutique shopping, art galleries, nightlife, and year-round events, all just moments away. Park your car and forget iteverything you love about Rehoboth Beach is steps away.

Price History

General Features

Cooling Wall Unit
Tax Lot 86
Structure Type Unit/Flat/Apartment
Lease Considered Y/N No
City REHOBOTH BEACH
Accessibility None
Security Features Intercom,Main Entrance Lock
Acceptable Financing Cash,Conventional
Price Per Sq Ft Total AG 899.66
New Construction No
Appliances Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Washer/Dryer Stacked,Water Heater
Year Built 1978
Association Fee Includes Common Area Maintenance,Management,Trash
Tax Assessed Value 477300.0
Living Area 588
Zoning TN
Architectural Style Bi-level
Unit Number 20
Floors In Unit Count 2
Condo/Coop Association fee Y/N Yes
County SUSSEX
Total SQFT 588
Other Structures Above Grade
Close Price 505000.00
HOA No
Bathrooms Count Main Level 0.00
Property Type Residential
Sussex DE Quadrants East of Rt 1
Senior Community Y/N No
Home Warranty Y/N No
Property Condition Good
Subdivision Name NORTH REHOBOTH
Sewer Public Sewer
Tax Year 2025
Association Amenities Elevator
Buyer Financing Conventional
Standard Status Closed
Disclosures Lead Based Paint - Federal,Prop Disclosure,Radon,Subject to Condo/HOA Docs
Building Name Ark
HOA Fee 2 Frequency Quarterly
Status CLOSED
Vacation Rental Y/N No
HOA Fee 2 1492.00
Total Rooms 5
Possession Settlement
Tax Annual Amount 1198.0
Contingency Type Association/Board Approval,Document Review,Financing Approval,Home Inspection
Full Baths 1
Heating Wall Unit
Construction Materials Concrete
Cool Fuel Electric
Garage Y/N Yes
Year Built Source Estimated
Levels 2.5
Directions Rehoboth Avenue. Lockbox located near the front of the driveway side of the building. Use the keys to open front door. Elevator to 2nd floor. Off elevator to the right,unit 20 on the right with a bal
MLS Area Lewes Rehoboth Hundred (31009)
Water Access Y/N No
Garage Spaces 1.00
Ownership Fee Simple
School District CAPE HENLOPEN

Interior Features

Bathrooms Count Lower Level 1 1.00
Above Grade Finished Area 588
Hot Water Electric
Basement (Y/N) No
Total Bedrooms 1
Heating Y/N Yes
Total Baths 1
Central Air Y/N No
Interior Amenities Additional Stairway,Bathroom - Walk-In Shower,Combination Dining/Living,Combination Kitchen/Dining,Combination Kitchen/Living,Dining Area,Elevator,Floor Plan - Open,Upgraded Countertops
Bedrooms Count Lower Level 1 1
Above Grade Finished Area Source Estimated
Bathrooms Full All Lower Levels 1
Laundry Type Has Laundry
Number of Elevators 1
Bedrooms Count All Lower Levels 1
Above Grade Finished Area Unit Type Square Feet
Bathrooms Count All Lower Levels 1
Room Type Living Room,Dining Room,Kitchen,Bedroom 1,Bathroom 1
Bathrooms Full Lower Level 1 1
Entry Level 3
Heating Fuel Electric
LivingAreaSource Estimated
Flooring Carpet,Luxury Vinyl Plank,Partially Carpeted

Exterior Features

Water Oriented Y/N No
Total Parking Spaces 1
# of Attached Garage Spaces 1
Pool No Pool
ModificationTimestamp 2026-09-22T14:09:01
Inclusions Furnished as is
Navigable Water Y/N No
Garage Features Covered Parking
Water View Y/N No
Days on Market 236
Water Source Public
Waterfront Y/N No
Type of Parking Attached Garage,Off Street,Parking Lot
Land Assessed Value 72100.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 19971

Price
AVG $700K
$510K
Taxes
AVG $1,224
$1,198
Year Built
AVG 2007
1978

Areas We Cover