11 Olive Avenue, Rehoboth Beach, Delaware 19971 $2,895,000

100572_1 11  Olive Avenue, North Rehoboth Rehoboth Beach Real Estate - Jack Lingo REALTOR
100572_2 11  Olive Avenue, North Rehoboth Rehoboth Beach Real Estate - Jack Lingo REALTOR
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100572_23 11  Olive Avenue, North Rehoboth Rehoboth Beach Real Estate - Jack Lingo REALTOR

Essential Information

MLS Number
719285
Town
Rehoboth Beach
Community
North Rehoboth
Acres
52x103
Bedrooms
5
Bathrooms
4.5
Rehoboth Beach Superior Beach Complex with POOL! Coastal Custom Home in ocean block with detached apartment and pool! Builder is renowned for remarkable coastal style homes at the beach with incredible flow, natural light, top of the line upgrades, and space. Energy efficient and maximized for outdoor living, this cannot be duplicated with today’s current zoning regulations. The home, including back apartment will exceed your expectations, featuring gourmet kitchen, open porches, 2 master bedrooms, coffered ceilings, gas fireplace, and premium finish work throughout. Front house is a successful rental with $75,193 in rental income. Back house would generate another $10K and is equipped with its own ELEVATOR! Full projected income with use of pool and all amenities would be $100,000-$125,000! 11A Olive Avenue: 4 / 3.5 (sleeps 8), 11B Olive Avenue: 1 BR, 1 loft, 1/5 BA.

Interior

Water
Public Central Water
Sewer
Public Central Sewer
Fireplace
Gas
Year Built
2012
Square Footage
3557
Flooring
Hardwood
Heating System
Gas - Propane,heat Pump(s),multi Zone
Cooling System
Central A/c,heat Pump(s),zoned A/c

Exterior

Style
Coastal,contemporary
Acres
52x103
Garage
Detached
Fireplace
Gas
Exterior Type
Concrete Plank
Roofing
Architectural Shingle
Porch/Patio/Deck
Balcony(s),patio - Rear,porch - Front

Listing Firm: Jack Lingo Rehoboth

Interior Features

  • Cable Tv Prewired
  • Ceiling Fan(s)
  • Elevator
  • Fireplace-gas
  • Insulation
  • Mbed-full Bath
  • Screen(s)
  • Two Master Bedrooms
  • Vaulted Ceilings
  • Walk-in Closets

Exterior Features

  • Fencing-partial
  • Irrigation System

Appliances

  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer-electric
  • Fridge W/ice Maker
  • Microwave
  • Oven/range Electric
  • Washer
  • Water Heater Electric

Map of Listing

Agent Information

Derrick Lingo

Phone: 302-226-6618
Cell: 302-745-4457
derrick@jacklingo.com
See more from Derrick Lingo - Jack Lingo Realto Agent

Tracy Kelley

Phone: 302-226-6401
Cell: 302-542-9610
tracy@jacklingo.com
See more from Tracy Kelley - Jack Lingo Realto Agent

All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction. Information provided by the Sussex County Association of Realtors Multiple Listing Service.

Information contained herein is believed to be reliable but is not guaranteed, including but not limited to Google Map locations. Please contact us for any questions you may have about this listing.

Listing Firm: Jack Lingo Rehoboth