Photo of 8 Olive Avenue 205, Rehoboth Beach DE
     
8 Olive Avenue 205
North Rehoboth
Rehoboth Beach, DE 19971
Rehoboth Beach
Cape Henlopen School District
Sussex County
Asking Price$499,000
Bedrooms1
Full Baths1
Partial Baths
Age55
HeatingElectric
CoolingCentral A/C
WaterPublic
SewerPublic
Garages0
Taxes (2024)788
Asociation6,390 Per Year

Description
LOCATION, LOCATION, LOCATION! Welcome to Patrician Towers in Rehoboth Beach, DE, where coastal charm meets an unbeatable ocean-block location that truly sets it apart. Just a short distance from the beach and boardwalk, this fully furnished corner unit offers an unparalleled beachside experience. Featuring two balconies and three sets of sliding glass doors, this bright and inviting condo seamlessly blends indoor and outdoor living, perfect for enjoying the coastal breeze and morning coffee. The light-filled living and dining area creates a warm and welcoming space for your dream retreat. Patrician Towers boasts a rooftop pool and sun deck with breathtaking panoramic views of the beach and boardwalk, offering the ultimate escape to relax and unwind. The front courtyard’s tranquil koi pond with seating adds another serene retreat. Additional amenities include covered off-street garage parking, an elevator, on-site management, a laundry room, and outdoor facilities like sand showers and restrooms—all designed for your convenience. With Rehoboth’s renowned restaurants, boutique shops, arcades, and scenic walking and biking trails just minutes away, this condo truly places you at the heart of everything extraordinary. Rental income for 2024 around $17,850 and 2023 rental income around $13,500.

Room Sizes

Location


Driving Directions
From Rehoboth Ave, slight left on Lake Ave, continue onto Maryland Ave, left on 2nd St, right on Olive Ave, cross over 1st St, building will be on the right.

Details
Architectural Type - Coastal
Interior Features - Combination Dining/Living, Laundry: Dryer In Unit, Washer In Unit
Appliances - Dishwasher, Microwave, Refrigerator, Oven/Range - Electric
Exterior Features - Outside Shower, Sidewalks, Balcony
HOA Frequency - Annually
HOA Fee - $6390
HOA Fee Includes - Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Pest Control, Reserve Funds, Water
Community Features - Elevator, Pool - Outdoor
Cooling - Central A/C, Electric
Heating - Forced Air, Electric
Hot Water - Electric
Sewer - Public Sewer
Water - Public

Notes
Page: © 2025 EveryHome, Realtors, All Rights Reserved.
Data: © 2025 TREND, All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EveryHome participates, and is provided by TREND through a licensing agreement.
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Delaware Real Estate Commission - License RB-0020479
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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. For information on those properties withheld from the internet, please call 215-699-5555

Assessment : 11500
Latitude : 38.718770
Longitude : -75.077680
EveryHome Number : ESU207-41211
Listing Courtesy Keller Williams Realty Delmarva
Zoning Designation R