11 Olive Avenue, Rehoboth Beach, Delaware 19971$2,895,000
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.
Additional Information for 11 Olive Avenue
Listing Firm: Jack Lingo RehobothYear Built: 2012 Square Footage: 3557 Acres: 52x103
Map of Listing
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.
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Listing Firm: Jack Lingo Rehoboth