8 Olive Avenue Unit 102
Rehoboth Beach, DE 19971
- – beds
- 1 bath
- – sqft
- 1970 build
Ocean block furnished condo. Less than 1,000 feet to the beach and boardwalk. Park your vehicle in the parking garage and walk to all attractions, stores, and restaurants. This secure building has onsite management, beautiful courtyard with Koi pond, outdoor shower, outdoor bathroom and much more! This location is amazing. This unit is on the 1st floor with absolutely no steps! You can access the condo in the lobby or from the large rear patio without even going into the building. Come see this bright and cheerful condo with open floorplan that has been freshly painted, new LVP flooring, white kitchen cabinets and granite counter tops. There is a living room/ dining room combination and designated bedroom area. The unit has a sliding glass door in the living room and bedroom to a large private patio. There is an elevator in the building that goes to the parking garage and laundry room. For the most captivating views of the Atlantic Ocean, boardwalk, beach, and downtown Rehoboth Beach, you must check out the rooftop patio and pool. This is the best roof top patio in Rehoboth! Seller is a licensed DE Realtor. Showings only available Saturday from 10:00 Am to 2:00 PM.
Last checked:
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Last updated May 17, 2025
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MLS# DESU2084428 —
The Building
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Year Built:1970
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Year Built Source:Estimated
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Year Major Reno/Remodel:2020
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New Construction:No
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Construction Materials:Brick, Concrete
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Building Name:Patrician Towers
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Unit Building Type:Mid-Rise 5 - 8 Floors
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Structure Type:Unit/Flat/Apartment
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Architectural Style:Unit/Flat
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Levels:1
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Entry Floor Number:1
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Security Features:Exterior Cameras, Main Entrance Lock, Resident Manager, Security Gate
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Accessibility Features:Level Entry - Main, No Stairs
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Basement:No
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Unit Number:102
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Estimated
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Below Grade Unfinished SqFt Source:Estimated
Interior
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Interior Features:Combination Dining/Living, Dining Area, Efficiency, Entry Level Bedroom, Flat, Floor Plan - Open, Sprinkler System, Studio, Upgraded Countertops
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Flooring Type:Laminate Plank
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Negotiable
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Lease Considered:No
Location
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Directions:Rehoboth Avenue , East on 2nd Street , Right on Olive Ave
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Latitude:38.71880000
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Longitude:-75.07709000
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Location Type:Oceanblock
The Property
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Property Type:Residential
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Property Condition:Excellent
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Estimated
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Inclusions:Range, microwave, refrigerator, furniture
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Exclusions:candlesticks and some table decor, some artwork
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Zoning:TN
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In City Limits:Yes
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Outdoor Living Structures:Patio(s)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:Yes
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Water Access:No
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Water Body Type:Ocean
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 242-5557
- Office phone:
- (302) 227-4800
Taxes
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Tax ID Number:334-14.14-31.00-102
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Tax Year:2024
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Tax Annual Amount:$267,125
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Tax Assessed Value:$10,750
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Year Assessed:2024
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School Tax:482.0
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County Tax:43.00
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City/Town Tax:266600.00
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Total Taxes Payment Frequency:Annually
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1.00
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Main Level Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air, Heat Pump - Electric BackUp
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Laundry Type:Common, Shared
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Washer/Dryer/Hook Up in Unit:No
Schools
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High School:CAPE HENLOPEN
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School District Name:Cape Henlopen
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School District Source:3rd Party
The Community
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Subdivision Name:None Available
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Senior Community:No
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Exterior Features:Outside Shower
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Pool:Yes - Community
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Elevator, Laundry Facilities, Pool - Outdoor
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Condo/Coop Fee:$4,700
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Condo/Coop Fee Frequency:Annually
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HOA/Condo/Coop Fee:Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Ext Bldg Maint, Common Area Maintenance
Parking
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Total Garage and Parking Spaces:1
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Garage:Yes
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Garage Features:Basement Garage, Garage Door Opener
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Garage Spaces:1.00
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Type of Parking:Parking Garage, On Street
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Parking Features:Permit Included, Secure Parking
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Parking Garage - # of Spaces:1
Extra Units
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Vacation Rental:Yes
Monthly cost estimate

Asking price
$550,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,945
|
Taxes | $22,260 |
Insurance | $151 |
HOA fees | $392 |
Utilities | N/A |
Total | $25,748/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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5/16/25
May 16, 2025
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Listed / Active | BRIGHT | $550,000 |