Patterson-Schwartz Real Estate1 Read #114A, Dewey Beach, DE 19971 $69,900
Interior Sq. Ft: 354
Acreage:
Age:70 years
Style:
Unit/Flat
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
Now is the perfect time to invest in this budget-friendly beach retreat. Why settle for a timeshare agreement that only grants you the right to use a condominium when you can actually own a portion of one through deeded fractional ownership? Here’s why it’s a smart choice: you will own a percentage of the unit, which means as market value rises, so does your equity. However, don’t let that be the main motivation for your purchase. Embrace the joy it will bring you—enjoy beach walks, collect seashells, and host family or friends for summer vacations or winter getaways. This unit accommodates four or more guests, featuring a queen-sized sleeper sofa and a king-sized bed. You’ll also find a kitchenette equipped with a two-burner cooktop, microwave, refrigerator, and all the essentials like dishes, silverware, pots, pans, linens, and towels. There’s a cozy bench seat by the window where you can relax and gaze out at the ocean and horizon. Take a stroll into town for delightful restaurants and entertainment, or hop on the Jolly Trolley to Rehoboth, with the pickup point conveniently located at the head of the street. I assure you, you’ll cherish every moment spent here. If you can’t make it, let the hotel manage your unused days to help cover costs and even generate income during the summer months. The beach is calling—don’t hesitate to answer!
Home Assoc: No
Condo Assoc: $430/Monthly
Basement: N
Pool: Yes - Community
Features
Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Atlantic Ocean; Water Body Type: Ocean; Waterfront: Sandy Beach; Types of Use: Public Access, Swimming Allowed, Public Beach; Navigable: Yes;
Utilities
Forced Air Heating, Wall Unit Heating, Electric, Ductless/Mini-Split, Electric, Hot Water - Electric, Public Water, Public Sewer, Cable TV, Utilities - Phone
Garage/Parking
Parking Lot
Interior
Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Accessibility - Doors - Swing In
Exterior
Pilings Foundation, Mixed Exterior, BBQ Grill, In Ground Pool
Lot
Oceanfront
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (2 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Rehoboth Elementary School | Cape Henlopen School District | K–5 | Rehoboth Beach | 1.45 mi |
| Love Creek Elementary School | Cape Henlopen School District | K–5 | Lewes | 4.62 mi |
Public Middle (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Beacon Middle School | Cape Henlopen School District | 6–8 | Lewes | 4.39 mi |
© 2025 LiveBy. All Rights Reserved.
This report is a detailed community overview for Rehoboth Beach (19971), Delaware.
Community Quick Facts
- Average travel time to work for people in this community: 24
- Average salary of people in this community: $77,267
Community Summary
- Population Density (ppl / mile): 495
- Household Size (ppl): 1.96
- Households w/ Children: 15%
Housing Inventory
- Owned: 6,197 (37.9%)
- Rented: 812 (5.0%)
- Vacant: 9,359 (57.2%)
- Total: 16,368
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 1.2%
- Some High School: 3.1%
- High School Graduate: 19.8%
- Some College: 15.6%
- Associate Degree: 7.5%
- Bachelor's Degree: 28.0%
- Graduate Degree: 24.9%
Income by dollar range
Median Income: $78,689
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $1,682
- One Bedroom: $932
- Two Bedroom: $1,268
- Three Bedroom: $1,432
- Four Bedroom: $2,638
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-239-3009
Listing Courtesy of: Iron Valley Real Estate at The Beach , (302) 541-8787, sherricustodio@gmail.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 1/08/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
