507 Chesapeake House #507, BETHANY BEACH

$1,249,900

4 Beds
4 Baths
2,194 Sqft
Built In 1973
View: Ocean

Rare opportunity to buy two side by side Sea Colony East oceanfront units. This price also includes Chesapeake 506, which is also a two bedroom two bath. Newly renovated kitchen and baths. All new 18 inch tile flooring / pin wheel style. Spectacular location and views. These properties are ideal for large families, guests, or investment opportunities. Both units are very successful rental producing properties (2016 Gross rental income for both 506 & 507 combined was $79,757, detailed financial statements are available) Offering flexibility with the ability to rent one or both. Very well maintained. Both are sold in fee. All new ocean front glass sliders in early 2016, Decorated and furnished well. Combined square footage 2,194. Turnkey move in ready. Pictures are of both units. Exclusions- Yellow swivel/rocker chair, Ship picture over sofa and all contents of owners closets.

Essential Information
MLS® #1001568122
Price$1,249,900
Bedrooms4
Full Baths4
Square Footage2,194
Acres0.00
Year Built1973
TypeResidential
StyleContemporary
StatusActive
Sub-Type

Condo, Unit/Flat, Mid-Rise 5 - 8 Floors

Community Information
Address507 Chesapeake House #507
AreaBaltimore Hundred (31001)
SubdivisionSEA COLONY EAST
CityBETHANY BEACH
CountySUSSEX-DE
StateDE
Zip Code19930
HOAYes
HOA Fees$2,424
Fee FrequencyAnnually
Condo/Coop AssocYes
Condo/Coop Fee$8,348
Condo/Coop FrequencyAnnually
Condo/Coop IncludesCable TV
Amenities

Basketball Courts, Beach, Elevator, Fitness Center, Reserved Parking, Swimming Pool, Pool-Outdoor, Sauna, Tennis Courts, Gated Community

Interior
HeatingHeat Pump(s)
CoolingCentral A/C
# of Stories1
Stories1 Story
Appliances

Dishwasher, Disposal, Icemaker, Refrigerator, Oven-Self Cleaning, Washer/Dryer Stacked, Water Heater

Additional Information
ViewOcean
WaterfrontOcean
East of Route 1Yes
County Taxes$972
Ownership InterestCondo
FurnishedYes
Vacation RentalYes
Date ListedSeptember 1st, 2017
Days on Market471
ZoningRPC
Listing Details
OfficeRE/MAX Coastal
Property History
Price Reduced from $1,259,500 to $1,249,900
Price Reduced from $1,289,500 to $1,259,500

Get directions to this property:

This condo, unit/flat, mid-rise 5 - 8 floors property in BETHANY BEACH, with 4 bedrooms and 4 bathrooms, is priced at $1,249,900, and located at 507 Chesapeake House #507.

Based on information from Sussex County Association of REALTORS®, Inc which neither guarantees nor is in any way responsible for it's accuracy. All data is provided "AS IS" and with all it's faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market. Long & Foster Real Estate, Inc. is a Real Estate licensee in the State of Delaware. SCAOR DE License Number: SCAOR 08098.

Copyright 2018 Sussex County Association of REALTORS®, Inc.

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