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

MLS Number: 719285 Town: Rehoboth Beach Community: North Rehoboth Acres: 52x103
Price: $2,895,000
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.

Additional Information for 11 Olive Avenue

Water: Public Central Water Sewer: Public Central Sewer 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

Listing Firm: Jack Lingo Rehoboth

Year Built: 2012 Square Footage: 3557 Acres: 52x103
Community: North Rehoboth Style: Coastal,contemporary Garage: Detached Porch/Patio/Deck: Balcony(s),patio - Rear,porch - Front Fireplace: Gas Roofing: Architectural Shingle Exterior Type: Concrete Plank Flooring: Hardwood Heating System: Gas - Propane,heat Pump(s),multi Zone Cooling System: Central A/c,heat Pump(s),zoned A/c

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.

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

Agent Information

See more from Derrick Lingo - Jack Lingo Realto Agent

Derrick Lingo

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

Tracy Kelley

Phone:302-226-6401
Cell:302-542-9610
tracy@jacklingo.com