Condo

$794,000

HOA
$702/mo.

When do you want to see it?

1 Virginia Avenue Unit 705
Rehoboth Beach, DE 19971

  • 1 bed
  • 1 bath
  • 540 sqft
  • ~1 acre lot
  • $1,470 per sqft
  • 1974 build

THIS EXCEPTIONAL OCEANFRONT STUDIO FEATURES MILLION-DOLLAR VIEWS from every window and balcony and is one of the most desirable locations in the building. From this 7th floor corner condo you can enjoy spectacular sunrises over the ocean, serene sunsets over Lake Gerar and endless views of the coastline. Being sold fully furnished, this beautiful unit shows like a model and was professionally designed and furnished by J. Conn Scott with designer finishes and furniture, an all-new kitchen, marble countertops and backsplash, new cabinetry and appliances, new windows and sliding door. The outstanding condition of this studio shows that it has been rarely occupied & never rented. This building was majorly renovated over recent years & is meticulously maintained. One Virginia Ave offers a community pool, secure garage parking, on-site management office and security throughout the building. This property could be a great rental of approximately $2K/week during prime weeks & is located within walking distance of shops, restaurants & everything downtown Rehoboth has to offer.

BRIGHT logo Listing courtesy of BRIGHT / Ocean Atlantic Sotheby's International Realty

Last checked: Checking… • Last updated Nov 29, 2021 •

MLS# DESU2007150 —

Amenities & Taxes

The Building

Year Built:
1974
Year Built Source:
Estimated
Year Major Reno/Remodel:
2018
New Construction:
No
Construction Materials:
Block, Concrete
Structure Type:
Unit/Flat/Apartment
Architectural Style:
Coastal, Contemporary, Unit/Flat
Historic:
No
Building Name:
One Virginia Ave
Levels:
1
Unit Building Type:
Mid-Rise 5 - 8 Floors
Building Levels:
8
Roof:
Flat
Elevators:
2
Main Entrance:
South
Entry Floor Number:
7
Door Features:
Insulated, Sliding Glass
Security Features:
Desk in Lobby, 24 hour security, Sprinkler System - Indoor, Smoke Detector, Main Entrance Lock, Fire Detection System
Window Features
Insulated, Sliding, Vinyl Clad
Accessibility Features:
None
Foundation Details:
Block
Basement:
No
Unit Number:
705
Building Winterized:
No
Above Grade Finished Area Units:
Square Feet
Above Grade Fin SQFT:
540
Above Grade Fin SQFT Source:
Estimated
Below Grade Finished Area Units:
Square Feet
Below Grade Unfin Area Units:
Square Feet
Below Grade Fin SQFT Source:
Assessor
Below Grade Unfin SQFT Source:
Assessor
Total SQFT Source:
Estimated
Total Below Grade SQFT Source:
Assessor

Interior

Interior Features:
Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Flat, Floor Plan - Open, Primary Bedroom - Ocean Front, Recessed Lighting, Primary Bath(s), Stall Shower, Studio, Upgraded Countertops, Window Treatments
Room List:
Living Room, Kitchen
Floors In Unit:
1
Flooring Type:
Tile/Brick
Fireplace:
No
Living Area SQFT Source:
Estimated

Room Dimensions

Total SQFT
540
Living Area SQFT:
540 Sqft

Financial & Terms

Sale Type:
Standard
Acceptable Financing:
Cash, Conventional
Possession:
Settlement

Location

Directions:
One Virginia Avenue is the oceanfront building on the north side of Virginia Avenue.
Cross Street:
1st Street
Latitude:
38.72042623
Longitude:
-75.07686977
Location Type:
Corner Lot/Unit

The Property

Property Type:
Residential
Federal Flood Zone:
X
Property Condition:
Excellent
Lot Size Acres:
0.91
Lot Size Source:
Assessor
Lot Size Dimensions:
0.00 x 0.00
Lot Dimensions Source:
Assessor
Lot Features:
Landscaping
Lot SQFT:
39,640 Sqft
Additional Parcels:
No
Other Structures:
Above Grade, Below Grade
Outdoor Living Structures:
Balcony
View:
Ocean, Lake
Zoning:
RESIDENTIAL
Water View:
Yes
Waterfront:
Yes
Waterfront Features:
Sandy Beach
Navigable Water:
Yes
Water Access:
Yes
Water Body Type:
Ocean
Water Access Features:
Public Beach, Swimming Allowed
Water Oriented:
Yes
Lot Size Units:
Square Feet
Distance To Water
Blocks
Ground Rent Exists:
No
Horse:
No
In City Limits:
Yes
Land Use Code:
RC
Water Body Name:
Atlantic Ocean
Water Frontage In Feet:
30
Tidal Water:
Yes

Listing Agent

Contact info:

Taxes

Tax ID Number:
334-14.14-14.00-705
Tax Year:
2021
Tax Annual Amount:
$1,078
Year Assessed:
2021
School Tax
727.0
County Tax:
76.00
City/Town Tax:
275.00
Total Taxes Pymnt Freq:
Annually

Beds

Bedrooms:
1
Bedrooms Main Level:
1

Baths

Bathrooms Total Count:
1
Full Bathrooms:
1
Bathrooms Main Level:
1.00
Full Bathrooms Main Level:
1

The Listing

Buyer's Brokerage Compensation:
2.5%
Buyer Agency Comp Type:
% Of Gross

Heating & Cooling

Cooling Fuel:
Electric
Cooling Type:
Central A/C
Central Air:
Yes
Heating:
Yes
Heating Type:
Central, Forced Air
Heating Fuel:
Electric

Utilities

Utilities:
Cable TV Available, Phone Available
Sewer Septic:
Public Sewer
Hot Water:
Electric
Water Source
Public
Internet Services:
Broadband

Appliances

Appliances:
Built-In Microwave, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances
Washer/Dryer/Hook Up in Unit:
No

Schools

Elementary School:
Rehoboth
Middle School:
Beacon
High School:
CAPE HENLOPEN
School District Name:
Cape Henlopen
School District Source:
3rd Party

The Community

Subdivision Name:
North Rehoboth
Senior Community:
No
HOA:
No
Condo/Coop Association:
Yes
HOA/Condo/Coop Fee:
Air Conditioning, Common Area Maintenance, Heat, Insurance, Lawn Maintenance, Management, Reserve Funds, Sewer, Trash, Water
Condo/Coop Fee:
$2,105
Condo/Coop Fee Frequency:
Quarterly
HOA/Condo/Coop Amenities:
Elevator, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking, Security, Storage Bin, Swimming Pool
Exterior Features:
Street Lights, Sidewalks, Exterior Lighting
Pool:
Yes - Community
Community Pool Features:
Fenced
Municipal Trash:
Yes
Association Recreation Fee:
No

Parking

Total Garage and Parking Spaces:
1
Type of Parking:
Parking Garage, On Street
Garage:
No
Garage Features:
Garage - Side Entry, Inside Access, Underground
Garage Spaces:
1.00
Parking Features:
Secure Parking, Lighted Parking
Parking Garage - # of Spaces:
1

Extra Units

Vacation Rental:
No

Schools

Rating Details

Rehoboth Elementary School

  • Public
  • K-8
  • 1.0 mi

Beacon Middle School

  • Public
  • K-8
  • 3.9 mi

Cape Henlopen High School

  • Public
  • 6-12
  • 4.7 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Factor

Flood likelihood over time

year probability
1y 2%
5y 32%
10y 69%
15y 91%
20y 99%
25y 100%
30y 100%

Because risk accumulates over time, this property has a 100% chance of flooding within the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

ClimateCheck

66 /100
  • Storm Risk
  • Very High

18 /100
  • Drought Risk
  • Relatively Low

32 /100
  • Heat Risk
  • Significant

0 /100
  • Fire Risk
  • Relatively Low

ClimateCheck® ratings reflect hazard risk at a property relative to the rest of the contiguous United States. Ratings are based on projected 2050 risk and the change from historical risk.

A rating of 1 represents the lowest risk; 100 is the highest.

See the full report from ClimateCheck®

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WalkScore®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Loud Moderate Quiet

Air Pollution Index

Provided by ClearlyEnergy

Worst Moderate Best

Max Internet Speed

XFINITY from Comcast

Provided by BroadbandNow®

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Utility Costs

$101/mo.

Estimate provided by ClearlyEnergy

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Sale history

Date Event Source Price % Change
11/27/21
Pending BRIGHT $794,000
11/25/21
Listed / Active BRIGHT $794,000

Finding records…

No additional history available

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1 Virginia Avenue Unit 705
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