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1 Olive Ave, Rehoboth Beach, De 19971

List Price $4,000,000
DESU2002070-800859085662-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859085726-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859085904-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859085620-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859085554-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859063010-2021-07-21-09-49-38 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062982-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062924-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062850-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062756-2021-07-21-09-49-38 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062654-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062112-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859061848-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062182-2021-07-21-09-49-38 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859061888-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062336-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062592-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859062452-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859063096-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859046494-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859046722-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859046774-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859046848-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859046140-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859046000-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859046414-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859046092-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859055586-2021-07-21-09-49-38 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859055430-2021-07-21-09-49-36 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859055268-2021-07-21-09-49-38 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859055336-2021-07-21-09-49-38 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
DESU2002070-800859055152-2021-07-21-09-49-37 1 Olive Ave | Rehoboth Beach, DE Real Estate For Sale | MLS# Desu2002070  - 1st Choice Properties
7 Bed
5 Bath
Inquire About This Listing
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Welcome to 1 Olive Avenue situated just steps from the beach, boardwalk and Rehoboth Avenue. Consisting of 3 units and producing approximately $100,000 per year in rental income, this is an ideal investment property and offers the potential for owner use at the same time. The penthouse unit (Unit C) includes 3 bedrooms, 2 baths, vaulted ceilings, exposed beams, a spacious gourmet kitchen, and an abundance of natural light. A large rooftop deck provides stunning ocean views and the perfect place to relax and unwind. Unit A offers 2 bedrooms, 2 updated baths, an open floor plan, kitchen with breakfast bar and ocean views from the balcony. Lastly, Unit B includes 2 bedrooms, 1 updated bath, galley kitchen, and living area. Additional building features include covered parking and a new elevator, accessible by all units. All 3 units have been recently renovated and are being sold fully furnished.

Essentials

MLS Number
Desu2002070
Community
North Rehoboth
List Price
$4,000,000
Bedrooms
7
Full Baths
5
Standard Status
Active
Waterfront
N

Location

Address
1 Olive Ave, Rehoboth Beach, De

Interior

Heating
Zoned, forced Air, heat Pump(s)
Heating Fuel
Electric
Cooling
Ceiling Fan(s), central A/c
Hot Water
Electric
Flooring
Hardwood
Appliances
Dryer, washer, disposal, dishwasher, oven/range - Electric, refrigerator, microwave
Interior Features
Ceiling Fan(s), floor Plan - Open, primary Bedroom - Ocean Front, wood Floors

Interior Features

  • Ceiling Fan(s)
  • Floor Plan - Open
  • Primary Bedroom - Ocean Front
  • Wood Floors

Appliances

  • Dryer
  • Washer
  • Disposal
  • Dishwasher
  • Oven/Range - Electric
  • Refrigerator
  • Microwave

Additional Information

Elementary School
Rehoboth
High School
Cape Henlopen
Middle School
Beacon
Square Footage
3000
Acres
0.09
Year Built
1985
New Construction
N
Property Type
Residential
County
Sussex
Lot Size Dimensions
41.00 X 102.00
School District
Cape Henlopen
Sussex DE Quadrants
East Of Rt 1
Listing courtesy of Jack Lingo - Rehoboth.