11 days on rocket

8 Olive Ave Unit 102, Rehoboth Beach, DE, 19971

$599,999

Home List Price

$7,125*

Closing Credit

1 Full Bath
Condo
Schools Nearby

Location

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8 Olive Ave Unit 102, Rehoboth Beach$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingBasement Garage, Garage Door Opener, Permit Included, Secure Parking, Parking Garage, On Street
Garage1 space
Year Built1970
HeatingForced Air, Heat Pump
CoolingCentral Air
MLS #DESU2060840
StatusActive
(ACTIVE)

About 8 Olive Ave Unit 102

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

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1970
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Realty Group Rehoboth
  • Office Phone: (302) 227-4800
  • Listing Agent: Andy Whitescarver

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Laminate Plank
  • Interior: Combination Dining/Living, Dining Area, Efficiency, Entry Level Bedroom, Flat, Floor Plan - Open, Sprinkler System, Studio, Upgraded Countertops

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Exterior: Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Parking: Basement Garage, Garage Door Opener, Permit Included, Secure Parking, Parking Garage, On Street

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Cape Henlopen High School, Public District Grades 8-12
  • Beacon Middle School, Public District Grades 4-8
  • Rehoboth Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Rehoboth Avenue , East on 2nd Street , Right on Olive Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,999
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Housing Market Comparison

See how this home compares to others in Rehoboth Beach, DE.

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Rehoboth Beach, DE

City

Med. Sold Price

$765.4K

Med. Price/SqFt

$331

Avg. Days On Market

35

# of Sold Homes

31

8 Olive Ave Unit 102 vs Rehoboth Beach

11 DAYS ON ROCKET

-24 Days

$599,999

-$165.4K Less

KEY TAKEAWAY

This property is $165.4K less than the Median Sold Price in Rehoboth Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2060840

Listing Office:

  • Office Name: RE/MAX Realty Group Rehoboth
  • Office Phone: (302) 227-4800
  • Listing Agent: Andy Whitescarver

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 9:22:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5595033
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.83 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5595034
7
/10

  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.90 miles

  • Public District Grades 4-8

High School

school-card-donut-5595035
5
/10

  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 4.77 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,955. Most Rehoboth Beach, DE residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8 Olive Ave Unit 102

What is the listing price of this property?

The listing price of 8 Olive Ave Unit 102 property is $599,999.

What type of property is this?

The property 8 Olive Ave Unit 102 is a condo located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 8 Olive Ave Unit 102 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8 Olive Ave Unit 102 are:
Rehoboth Elementary School: GreatSchools Rating 9/10
Beacon Middle School: GreatSchools Rating 7/10
Cape Henlopen High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 8 Olive Ave Unit 102 has 1 bathroom..

What is the square footage of this property?

The sq. ft. of 8 Olive Ave Unit 102 is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 Olive Ave Unit 102 is 1970.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›8 Olive Ave Unit 102

This home is located at 8 Olive Ave Unit 102 in Rehoboth Beach, DE and zip code 19971. This home was built in 1970. Features: 1 bathroom. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $599,999.

Over 12 listings were sold over their listed price in April 2024 in Rehoboth Beach, DE. In the same period over 13 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Rehoboth Beach, DE increased by 10.5% between March 2024 and April 2024. In April 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $765,420.

From Rocket Homes Real Estate and based on county public records data.

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