$2,450,000
$2,890,000
15.2%For more information regarding the value of a property, please contact us for a free consultation.
805 COASTAL HWY Fenwick Island, DE 19944
11 Beds
7 Baths
6,300 SqFt
Key Details
Sold Price $2,450,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $388
Subdivision None Available
MLS Listing ID DESU2008062
Style Coastal,Dwelling w/Separate Living Area
Bedrooms 11
Full Baths 6
Half Baths 1
Year Built 2009
Annual Tax Amount $4,761
Tax Year 2018
Lot Size 6,499 Sqft
Property Description
Ultimate Investment Opportunity! Oceanblock home featuring 3 separate condos that can be rented together or separately. Each property features open floor plans, hardwood floors, gas fireplace, full kitchens with granite countertops, and stainless steel appliances. The penthouse features 5 bedrooms and a roof top deck with panaramic ocean and bay views. The lower floor features 2 separate condos each with 3 bedrooms. All condos are connected by an indoor stairwell and shared elevator. The ground level features plenty of parking, grill area, and outdoor living space. All properties are professionally decorated and in very good condition. Past rental income has exceeded $200K annually. Located in the heart of Fenwick Island on the ocean side and just a short walk to the beach, restaurants, mini golf, water park, and shopping. Offered fully furnished and turn key. Must honor 2022 rentals. Don't miss this opportunity to own a special property in Fenwick Island.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning Q
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Hardwood
Fireplaces Number 3
Fireplaces Type Gas/Propane
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Laundry Main Floor, Upper Floor
Exterior
Exterior Feature Deck(s), Roof
Garage Spaces 12.0
Utilities Available Propane, Electric Available, Cable TV Available
Water Access N
Building
Story 2
Foundation Pilings
Sewer Public Sewer
Water Public
Structure Type Dry Wall,9'+ Ceilings
New Construction N
Schools
High Schools Sussex Central
School District Indian River
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Dan E Thiewes • RE/MAX Coastal