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$1,125,000
New Listing

Patrician Towers
8 OLIVE AVENUE 111
REHOBOTH BEACH, DE 19971

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
750
SqFt
$1,500
/SqFt
1970
Built
County:
SUSSEX
Listing courtesy of Dave McCarthy & Associates, Inc.
Call Now: (443) 390-5224
Is this the listing for you? We can help make it yours.
(443) 390-5224
8 OLIVE AVENUE 1118 OLIVE AVENUE 111
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Monthly Payment (Est.)

$5,133
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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.

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Listing Snapshot
Price 
$1,125,000
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
750 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.48 Acres
Year Built 
1970
MLS® Number 
DESU2107836
Status 
Active
Property Tax 
$2,342
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
15 hours agoListing first seen on site
15 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.48
Direction Faces 
North
Garage 
Yes
Garage Spaces 
1
Levels 
Two
Parking 
GarageInside EntranceCommunity Structure
Parking Spaces 
1
Pets 
Cats OKDogs OKYes
Property Sub Type 
Condominium
Security 
Security Gate
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
750
SqFt Total 
750
Style 
Coastal
Utilities 
Cable Available
Water Source 
Public
Zoning 
TN
Interior Features
Appliances 
RangeElectric Water HeaterBuilt-In RangeDishwasherExhaust FanRefrigeratorWater HeaterMicrowave
Cooling 
Central AirCeiling Fan(s)Geothermal
Fireplace 
Yes
Fireplace Features 
ElectricHeatilator
Fireplaces 
1
Furnished 
Partially
Heating 
Exhaust FanGeothermalCentralHeat Pump
Interior 
Ceiling Fan(s)Recessed LightingBuilt-in Features
Window Features 
Window CoveringsWindow Treatments
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Exterior Features
Construction Details 
BlockConcrete
Pool Features 
Community
Windows/Doors 
Window CoveringsWindow Treatments
Community Features
Association Amenities 
SecurityElevator(s)Laundry
Association Dues 
3290
Community Features 
PoolSidewalksStreet Lights
HOA Fee Frequency 
Quarterly
MLS Area 
Lewes Rehoboth Hundred (31009)
School District 
CAPE HENLOPEN
Schools
School District
CAPE HENLOPEN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Dave McCarthy & Associates, Inc.



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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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