UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 354 sqft
Price per Sqft $197
Subdivision None Available
MLS Listing ID DESU2091248
Style Unit/Flat
Bedrooms 1
Full Baths 1
Condo Fees $435/mo
HOA Y/N N
Abv Grd Liv Area 354
Year Built 1955
Annual Tax Amount $442
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
Imagine waking up to the sound of waves, stepping outside, and walking directly onto the sand. Enjoy morning strolls along the shoreline, afternoons soaking up the sun, and evening walks under glowing sunsets β all without having to drive anywhere or fight for parking. π Welcome to The Surf Club, where OCEANFRONT LIVING MEETS FLEXIBILITY, INCOME POTENTIAL, AND HASSLE-FREE OWNERSHIP β and all without spending millions of dollars. π
This beautifully maintained 1-BEDROOM, 1-BATH CONDO comfortably SLEEPS FIVE thanks to a KING-SIZED BED, a QUEEN-SIZED SLEEPER SOFA, and a VERSATILE SLEEPING BENCH β making it perfect for families, guests, or maximizing rental potential. You'll enjoy 13 WEEKS OF DEEDED OWNERSHIP each year β this is NOT A TIMESHARE! π
This unit is part of the highly desirable STANDARD OCEAN VIEW (SOV) category β one of only nine SOV units in the building. Its elevated position offers BETTER VIEWS, MORE PRIVACY, AND HIGHER RENTAL DEMAND compared to lower-level or less desirable units. π
FLEXIBLE RENTAL PROGRAM: At the beginning of each year, owners choose which weeks to USE and which to RENT. Any weeks placed into the SOV RENTAL POOL earn income based on the total rentals for your room category that week. π
If you're the only owner renting, you keep 100% OF YOUR UNIT'S PROFITS.
If multiple SOV units are rented, profits are divided equally among those owners. π
Nightly rental rates are market-driven, and on-site professional management β the same team that operates the HYATT at the Rusty Rudder β handles bookings, cleanings, maintenance, utilities, taxes, and insurance. You can also switch plans last minute: if you originally planned to use your week but can't, you can make it available for rental. Likewise, if you planned to rent but decide you want to come, you can β as long as your unit or another available SOV is open. π
With SUMMER WEEKS TYPICALLY BOOKED, this property offers a RARE OPPORTUNITY to enjoy GUARANTEED VACATION TIME and PASSIVE INCOME β without the stress of managing a rental. Spend your mornings sipping coffee on your balcony, your afternoons on the sand, and your evenings strolling to Dewey's best restaurants, live music, and nightlife β all just steps away. And when you want to explore, hop on the Jolly Trolley for a quick ride into Rehoboth. π
This isn't just oceanfront ownership β it's the ultimate Delaware beach lifestyle combined with a smart investment opportunity. With its prime SOV location, sleeping capacity for five, flexible rental income, and professional management, this condo delivers the best of both worlds. All of this can be yours for the price of a car! Offers are welcomed!
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TOWN CODES
Rooms
Other Rooms Dining Room, Kitchen, Bedroom 1, Full Bath
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Floor Plan - Open, Kitchenette, Recessed Lighting, Dining Area
Hot Water Electric
Heating Wall Unit
Cooling Ductless/Mini-Split, Wall Unit
Flooring Luxury Vinyl Plank
Inclusions Everything seen! Furniture, bedding, linens, silverware, dishware, glasses.
Equipment Refrigerator, Microwave, Cooktop
Furnishings Yes
Fireplace N
Window Features Insulated
Appliance Refrigerator, Microwave, Cooktop
Heat Source Electric
Exterior
Parking Features Covered Parking
Garage Spaces 1.0
Parking On Site 1
Utilities Available Cable TV
Amenities Available Pool - Outdoor, Laundry Facilities, Picnic Area, Beach
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Public Access,Public Beach,Swimming Allowed
View Ocean
Roof Type Flat
Accessibility None
Total Parking Spaces 1
Garage Y
Building
Story 1
Unit Features Garden 1 - 4 Floors
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed N
HOA Fee Include Air Conditioning,Common Area Maintenance,Cable TV,Custodial Services Maintenance,Electricity,Ext Bldg Maint,High Speed Internet,Insurance,Lawn Maintenance,Management,Pool(s),Reserve Funds,Snow Removal,Standard Phone Service,Taxes,Trash
Senior Community No
Tax ID 334-20.18-194.00-315
Ownership Fractional
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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David Werfel
Broker Associate | License ID: 0225021819
Broker Associate License ID: 0225021819