1 Read Ave Unit #114, Dewey Beach, DE 19971

$89,900
1
BD
1
BA
476
SqFt
List Price
$89,900
Price Change
▼ $100 1635200598
Days on Market
157
Status
ACTIVE
MLS#
DESU2005024
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
476
Style
Other
Year Built
1988
County
Sussex
School District
Cape Henlopen

Property Description

Fractional (1/4) Ownership. Vacation and own on the Beach for a fraction of the Cost! That is because you own a ¼ fraction. This ocean view condo is just steps from the beautiful sunrise beach, and a two-minute walk to Rehoboth Bay sunset access and the center of all the action in Dewey. A 1/4 (fractional) ownership gives you the condominium to use 1 week each month (every 4 weeks). It’s the BEST of owning a beach home with NONE of the worries. You can choose to use it for yourself, offer it to family or friends, OR have the on-site management rent it for you (If you rent this unit, it goes for $2203 for 7 nights in the summer). Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering EVERYTHING! It comes completely furnished similar to a hotel room. The $335/month (only fee/service you need to pay) covers the on-site management, taxes, insurance, electric, sewer, water, Heat & AC, internet & cable, plus the maintaining of the pool, BBQ, sundeck area, grounds & parking area. In addition, it covers supplying, maintaining and/or replacing the furniture, silverware, plates, glassware, & appliances. The Surf Club also offers passes to the local YMCA with full access to classes, gym and indoor pool. There is nothing to do but unpack your bags and relax on the beach. The building is smoke free and no pets are allowed. There is also one parking spot with the unit. Studio style open floor plan includes Dining Area with beautiful ocean view, King Size Serta Bed, Queen Size Pull-out Sofabed, Dresser Storage, Closet Storage, Full-size Refrigerator/Freezer, 2-Burner Induction Stove, Microwave, 2-Slot Toaster, 1-Cup Coffee Maker, Silverware, Glassware, Dishware, and Cookware. Bathroom is equipped with Walk-in Shower, Hair Dryer, Toiletry Storage, and Fresh Towels Daily. Wireless Internet, TV/Cable and 1 parking space included. See pictures of standard ocean view rooms on Surf Club website.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
None Available
Building Name
The Surf Club
Taxes
$426
HOA Fee
$335
HOA Frequency
Monthly
Amenities
Other
School District
Cape Henlopen
Community Amenities
Other
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Roof
Pitched
Utilities
Cable TV
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Simple Choice Realty.