1 READ St 315Dewey Beach, DE 19971

Price
$63,000
Listed On
Type
For Sale
Status
Active
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 READ St 315, Dewey Beach, DE 19971
1 Beds
1 Bath
354 sqft
Asking  $63,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Residential
Property Subtype
Apartment
MLS Number
DESU2091248
Parcel Number
Property Sqft
354 sqft
Lot Size
Year Built
1955
Year Updated
Bedrooms
1
Bathrooms
1
Full Bathrooms
1
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
-
Price Low
-
Room Count
-
Building Unit Count
0
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
1
Subdivision Name
None Available
Franchise Affiliation
Sotheby's International Realty
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

MAJOR PRICE IMPROVEMENT! UNMATCHED OPPORTUNITY! NOW OFFERED AT $63,000 FOR OCEANFRONT OWNERSHIP + RENTAL INCOME OPPORTUNITY!

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 all without having to drive anywhere or fight for parking. Welcome to The Surf Club, where OCEANFRONT LIVING MEETS FLEXIBILITY, INCOME POTENTIAL, AND HASSLE-FREE OWNERSHIP and all without spending millions of dollars.

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 making it perfect for families, guests, or maximizing rental potential. You'll enjoy 13 WEEKS OF DEEDED OWNERSHIP each year this is NOT A TIMESHARE!

This unit is part of the highly desirable STANDARD OCEAN VIEW (SOV) category 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.

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.

If youre the only owner renting, you keep 100% OF YOUR UNITS PROFITS.

If multiple SOV units are rented, profits are divided equally among those owners.

Nightly rental rates are market-driven, and on-site professional management the same team that operates the HYATT at the Rusty Rudder handles bookings, cleanings, maintenance, utilities, taxes, and insurance. You can also switch plans last minute: if you originally planned to use your week but cant, you can make it available for rental. Likewise, if you planned to rent but decide you want to come, you can as long as your unit or another available SOV is open.

With SUMMER WEEKS TYPICALLY BOOKED, this property offers a RARE OPPORTUNITY to enjoy GUARANTEED VACATION TIME and PASSIVE INCOME 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 Deweys best restaurants, live music, and nightlife all just steps away. And when you want to explore, hop on the Jolly Trolley for a quick ride into Rehoboth.

This isnt just oceanfront ownership its 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!

More Details

MLS Name
Bright MLS
Source
ListHub
MLS Number
DESU2091248
MLS ID
TRENDPA
Virtual Tour
PARTICIPANT
Name
Brian Barrows
Primary Phone
(302) 227-6767
Key
3YD-TRENDPA-3256954
Email
brian@barrowsandassoc.com
BROKER
Name
Ocean Atlantic Sotheby's International Realty
Phone
(302) 542-6610
OFFICE
Name
Monument Sotheby's International Realty
Phone
(302) 227-6767
Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Appliances
Cooktop
Cooktop
Microwave
Microwave
Refrigerator
Refrigerator
Architectural Style
Other
Other
Construction Materials
Frame
Frame
Cooling
Ductless
Ductless
Wall Unit(s)
Wall Unit(s)
Heating
Other (Heating)
Other (Heating)
Interior
Floor Plan - Open
Floor Plan - Open
Kitchenette
Kitchenette
Recessed Lighting
Recessed Lighting
Dining Area
Dining Area
Parking
Assigned
Assigned
Rooms
Bathroom 1
Bathroom 1
Bedroom 1
Bedroom 1
View
Water
Water
Waterfront
Waterfront
Waterfront

History

DateEventPrice$/SqftSource
Price Changed$63,000 -10%$178Monument Sotheby's International Realty
Price Changed$70,000 -6.67%$198Monument Sotheby's International Realty
Listed For Sale$75,000 $212Monument Sotheby's International Realty
Report issue with price history

Taxes

YearAnnual AmountDescription
$442

Nearby Schools

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Get more info on 1 READ St 315, Dewey Beach, DE 19971
Profile
Brian Barrows
Listing Agent
(302) 227-6767
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Brian Barrows
Listing Agent
(302) 227-6767
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.