59 Maryland Avenue # 303C Rehoboth Beach, DE $ 699,000
59 Maryland Avenue # 303C
$ 699,000
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59 Maryland Avenue # 303C

Rehoboth Beach, DE, 19971
$ 699,000
Bedrooms1 Baths1.0 Sq 600

Monthly Estimate*

$ 4,883

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Condo for sale in Rehoboth Beach, DE

for $699,000 with 1 bedroom and 1 full bath. This 600 square foot condo was built in 1974.

Welcome to your charming coastal retreat in the heart of downtown Rehoboth Beach! This delightful 1-bedroom, 1-bathroom condo offers low maintenance living at its finest. Gerar Place is a desirable building that blends convenience and seaside living. The prime location features easy access to the beach, boutique shopping, renowned restaurants, and all the attractions that this vibrant resort town has to offer. The condo boasts an inviting and comfortable living space with hardwood floors, cheerful paint colors, and plantation shutters. This space flows to the wellappointed kitchen, complete with granite counters, ample cabinet space and a breakfast bar. Step outside onto your private balcony and soak in the ocean breezes, truly the ideal spot for your morning coffee. The spacious bedroom provides a peaceful retreat after a day of sun and surf with plenty of closet space for storage and the adjacent bathroom includes a tub/shower combo and stylish vanity. The perfect getaway in Rehoboth Beach! The building is well maintained and underwent major improvements in 2022. Condo owners enjoy elevator access, an assigned parking space, a storage closet ideal for beach toys, and a secured entry. Whether you are looking for a weekend getaway or a year-round residence, this condo offers the quintessential beach lifestyle youve been dreaming of!

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Condo Contingent

Price

$ 699,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 877

Style

Unit/Flat

Year Built

1974

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2059144

Features
General
Interior Features Combination Kitchen/Living Family Room Off Kitchen Floor Plan - Open Kitchen - Table Space Recessed Lighting Upgraded Countertops Tub Shower Window Treatments Wood Floors
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Utilities Cable TV Available Phone Available
Possession Settlement
Roof Flat
Appliances Dishwasher Disposal Microwave Oven/Range - Electric Refrigerator Icemaker Stainless Steel Appliances
Exterior Features Extensive Hardscape Exterior Lighting
Zoning RS
Pool Y/N No Pool
Association Fee Includes All Ground Fee Common Area Maintenance Ext Bldg Maint Insurance Management Reserve Funds Trash Water
Patio/Porch Features Balcony
Architectural Style Unit/Flat
Security Features Main Entrance Lock Smoke Detector
Construction Materials Vinyl Siding
Year Built 1974
Electric Circuit Breakers
Levels 4
Other Fees 225.00
Unit Number 303C
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Building Name Gerar Place
Accessibility No Stairs Elevator
HOA Fee 2 1313.00
County SUSSEX
New Construction N
Property Type Residential
Association Amenities Common Grounds Elevator Extra Storage Laundry Facilities
HOA / Comm Assn N
Subdivision Name NORTH REHOBOTH
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions Building is located on the corner of Maryland Avenue and 2nd Street. Please park on the side streets when showing.
City REHOBOTH BEACH
Buyer Agent Compensation 2.5
Disclosures Prop Disclosure
Other Fees Frequency One Time
Senior Community Y/N N
Total Units 17
MLS Area Lewes Rehoboth Hundred (31009)
Waterfront Y/N N
Street Name MARYLAND
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 877.64
Home Warranty Y/N N
Property Condition Very Good
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Y
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft 1165.0
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 6
Location Type Downtown
Sussex DE Quadrants East of Rt 1
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision NORTH REHOBOTH
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Flooring Ceramic Tile Hardwood
Hot Water Electric
Total Stories 4
Common Walls 2+ Common Walls 2+ Common Walls
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 600
Full Baths 1
Street Suffix AVENUE
Central Air Y/N Y
Total Bedrooms 1
Below Grade Finished Area 0
Entry Level 3
Room Type Living Room Kitchen Bedroom 1 Bathroom 1
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Laundry Type Common
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
Number of Elevators 1
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Exterior
Parking Features Assigned
Lot Features Corner Cleared
Water Source Public
Type of Parking Off Street
Foundation Details Block
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Door Features Insulated Sliding Glass
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 59
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* Excluded Features
List By
Jack Lingo - Rehoboth

Broker

shaun@rbre.com

Email

Affordability Calculator

$4,956
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,883
Monthly Property Taxes
$73
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2318934 Elementary School
2314806 Middle School
Cape Henlopen High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$699,000 Listed Price

Map


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59 Maryland Avenue # 303C, Rehoboth Beach, DE, 19971 is a Condo for sale at $699,000 with 600 sqft. 59 Maryland Avenue # 303C has 1 bedrooms, 1.0 baths, and was built in 1974. The property's zip code is 19971 which is in Rehoboth Beach, DE