1 Read Avenue # 116D Dewey Beach, DE $ 65,000
1 Read Avenue # 116D
$ 65,000
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1 Read Avenue # 116D

Dewey Beach, DE, 19971
$ 65,000
Bedrooms1 Baths1.0 Sq 354

Monthly Estimate*

$ 449

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Condo for sale in Dewey Beach, DE

for $65,000 with 1 bedroom and 1 full bath. This 354 square foot condo was built in 1955.

UNMATCHED OPPORTUNITY! OCEANFRONT OWNERSHIP + RENTAL INCOME OPPORTUNITY! Imagine waking up to the sound of waves, stepping outside, and walking directly onto the sand. Enjoy morning strolls along the shoreline, afternoons soaking up the sun, and evening walks under glowing sunsets all without having to drive anywhere or fight for parking. Welcome to The Surf Club, where OCEANFRONT LIVING MEETS FLEXIBILITY, INCOME POTENTIAL, AND HASSLE-FREE OWNERSHIP and all without spending millions of dollars. This beautifully maintained 1-BEDROOM, 1-BATH CONDO comfortably SLEEPS FIVE thanks to a KING-SIZED BED, a QUEEN-SIZED SLEEPER SOFA, and a VERSATILE SLEEPING BENCH making it perfect for families, guests, or maximizing rental potential. You'll enjoy 13 WEEKS OF DEEDED OWNERSHIP each year this is NOT A TIMESHARE! FLEXIBLE RENTAL PROGRAM: At the beginning of each year, owners choose which weeks to USE and which to RENT. Any weeks placed into the SOV RENTAL POOL earn income based on the total rentals for your room category that week. If youre the only owner renting, you keep 100% OF YOUR UNITS PROFITS. If multiple SOV units are rented, profits are divided equally among those owners. Nightly rental rates are market-driven, and on-site professional management the same team that operates the HYATT at the Rusty Rudder handles bookings, cleanings, maintenance, utilities, taxes, and insurance. You can also switch plans last minute: if you originally planned to use your week but cant, you can make it available for rental. Likewise, if you planned to rent but decide you want to come, you can as long as your unit or another available SOV is open. With SUMMER WEEKS TYPICALLY BOOKED, this property offers a RARE OPPORTUNITY to enjoy GUARANTEED VACATION TIME and PASSIVE INCOME without the stress of managing a rental. Spend your mornings sipping coffee with a view, your afternoons on the sand, and your evenings strolling to Deweys best restaurants, live music, and nightlife all just steps away. And when you want to explore, hop on the Jolly Trolley for a quick ride into Rehoboth. This isnt just oceanfront ownership its the ultimate Delaware beach lifestyle combined with a smart investment opportunity. With its prime SOV location, sleeping capacity for five, flexible rental income, and professional management, this condo delivers the best of both worlds. All of this can be yours for the price of a car!

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Condo Active

Price

$ 65,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 0

Style

Unit/Flat

Year Built

1955

Town/City

Dewey Beach

County/Region

Sussex

MLS | Web ID

DESU2122792

Features
General
Living Area 354
Sewer Public Sewer
Heating Wall Unit
Cooling Ductless/Mini-Split
Possession Settlement
Appliances Cooktop Microwave Refrigerator
Zoning RC
Garage Spaces 1.00
Association Fee Includes Common Area Maintenance Cable TV Ext Bldg Maint Electricity Heat Insurance Management Pool(s) Recreation Facility Reserve Funds Sewer Snow Removal Trash
Architectural Style Unit/Flat
Security Features Desk in Lobby
Construction Materials Frame Stick Built
School District CAPE HENLOPEN
Year Built 1955
View Ocean
Levels 1
Unit Number 116D
Ownership Fractional
Cool Fuel Electric
Building Name The Surf Club
Accessibility None
HOA Fee 2 435.00
County SUSSEX
New Construction N
Property Type Residential
Association Amenities Swimming Pool Pool - Outdoor Laundry Facilities Recreational Center Reserved/Assigned Parking
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade
Full Baths 1
Status ACTIVE
Directions From Route 1 follow to Read Ave.
City DEWEY BEACH
Body of Water Ocean
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
HOA Fee 2 Frequency Monthly
Home Warranty Y/N N
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 183.62
Acceptable Financing Cash
Community Pool Features In Ground Saltwater
Lease Considered Y/N N
Vacation Rental Y/N Y
Virtual Tour https://bcove.video/4izPSfR
Location Type Oceanblock
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Legal Subdivision ROYAL SURF CLUB A MOTEL CONDO
Association Recreation Fee N
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Interior
Interior Amenities Ceiling Fan(s) Dining Area Floor Plan - Open Kitchenette Recessed Lighting
Heating Fuel Electric
Flooring Luxury Vinyl Plank
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Window Features Insulated
Fireplace Y/N N
Above Grade Finished Area 354
Half Baths 0
Central Air Y/N N
Total Bedrooms 1
Entry Level 2
Room Type Primary Bedroom Kitchen Breakfast Room Full Bath
Main Level Bedrooms 1
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Exterior Amenities Outside Shower
Pool Yes - Community
Parking Features Assigned
Water Source Public
Inclusions Everything seen! Furniture bedding linens silverware dishware and glasses.
Garage Features Covered Parking
Type of Parking Parking Garage
Foundation Details Concrete Perimeter
Spa N
Water View Y/N Y
Water Body Type Ocean
Waterfront Y/N Y
Door Features Insulated
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 1
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* Excluded Features
List By
Monument Sotheby's International Realty

Broker

brian@barrowsandassoc.com

Email

Affordability Calculator

$449
Per Month
100%
0%
0%
Monthly Principal & Interest
$449
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$65,000 Listed Price

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1 Read Avenue # 116D, Dewey Beach, DE, 19971 is a Condo for sale at $65,000 with 354 sqft. 1 Read Avenue # 116D has 1 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 19971 which is in Dewey Beach, DE