$900,000
$1,100,000
18.2%For more information regarding the value of a property, please contact us for a free consultation.
20920 SOUTH AVE Rehoboth Beach, DE 19971
5 Beds
4 Baths
2,400 SqFt
Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $375
Subdivision Poynters Addition
MLS Listing ID DESU2029470
Sold Date 05/25/23
Style Contemporary,Dwelling with Rental,Raised Ranch/Rambler
Bedrooms 5
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 2,400
Originating Board BRIGHT
Year Built 1982
Annual Tax Amount $1,421
Tax Year 2022
Lot Size 5,009 Sqft
Acres 0.11
Lot Dimensions 50 x 100
Property Description
Dewey Beach INVESTMENT OPPORTUNITY ! One of few Opportunities to own this close to The Atlantic ! 2 Houses in One ! No Lease Land Here— Just 3 blocks to the beach with Carolina St Access and walking distance to Dewey Nightlife on South Avenue. The top unit has 2 BR / 2 BA and the Bottom has 3 BR/ 2 BA, each with its own kitchen and living room area. Bottom rental has received up to $25k for the season but could be much more with weekly rentals on VRBO, as surrounding properties get $3500 and up / weekly. Top unit could do comparable to the bottom unit or more. Walk to the beach and all of Dewey Beach attractions. Only 8 short blocks to The Starboard. Get in before the start of the summer season and save some weeks for yourself, you'll be glad you did! Check it out today and start your own, “ Dewey Way of Life!”
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning RESIDENTIAL
Direction East
Rooms
Main Level Bedrooms 3
Interior
Interior Features 2nd Kitchen, Additional Stairway, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Primary Bath(s), Walk-in Closet(s)
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C, Heat Pump(s)
Flooring Carpet, Ceramic Tile, Hardwood
Equipment Dishwasher, Dryer - Electric, Oven - Self Cleaning, Stainless Steel Appliances, Water Heater
Appliance Dishwasher, Dryer - Electric, Oven - Self Cleaning, Stainless Steel Appliances, Water Heater
Heat Source Electric
Exterior
Exterior Feature Deck(s), Patio(s)
Garage Spaces 8.0
Utilities Available Cable TV Available
Water Access N
View Street
Roof Type Architectural Shingle
Accessibility None
Porch Deck(s), Patio(s)
Total Parking Spaces 8
Garage N
Building
Lot Description Interior, Rear Yard
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Dwelling with Rental, Raised Ranch/Rambler
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Rehoboth
Middle Schools Beacon
High Schools Cape Henlopen
School District Cape Henlopen
Others
Senior Community No
Tax ID 334- 20.13-23.01
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with JOSEPH LINGO • Patterson-Schwartz-Rehoboth