$1,075,000
$1,150,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
505 ISLAND HOUSE RD Bethany Beach, DE 19930
3 Beds
2 Baths
1,070 SqFt
Key Details
Sold Price $1,075,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,070 sqft
Price per Sqft $1,004
Subdivision Sea Colony East
MLS Listing ID DESU2053664
Sold Date 05/03/24
Style Coastal
Bedrooms 3
Full Baths 2
Condo Fees $3,100/qua
HOA Fees $241/qua
HOA Y/N Y
Abv Grd Liv Area 1,070
Originating Board BRIGHT
Year Built 1981
Annual Tax Amount $1,369
Tax Year 2023
Property Description
Oceanfront point unit in Sea Colony's southern most building, Island House. This is a prime floor, location and view. There are very few locations as desirable as this one, in all of Sea Colony East. From your balcony, gaze east to see the sunrise over the ocean, or watch the waves roll in, look south to see the shoreline stretch on for miles. Views from the living room and owner's bedroom. You will not see other Sea Colony high rises from this location. Enjoy easy access to 2 elevators to bring you up from parking to your new oceanfront home. 3 bedroom 2 bath furnished as a 2 bedroom and den.
Same size properties have done $50,000. in Gross rental income, this home has never been rented but would make a great rental. Extensive amenities meticulously maintained. Award winning tennis and pickle ball indoor and outdoor courts. 18000 SF Fitness Center with personal trainers, fitness classes, and weight and cardio room plus full gym. 12 swimming pools, 2 indoor. All situated on pristine 1/2 mi beach walking distance to downtown Bethany, and its quaint boardwalk and award winning restaurants.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning AR-1
Direction West
Rooms
Main Level Bedrooms 3
Interior
Interior Features Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Primary Bedroom - Ocean Front
Hot Water Electric
Heating Forced Air
Cooling Heat Pump(s)
Flooring Carpet, Ceramic Tile
Equipment Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Furnishings Yes
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Heat Source Electric
Exterior
Exterior Feature Balcony
Parking Features Additional Storage Area, Covered Parking
Garage Spaces 1.0
Parking On Site 1
Utilities Available Cable TV, Phone Available
Amenities Available Basketball Courts, Beach, Common Grounds, Community Center, Exercise Room, Fitness Center, Hot tub, Jog/Walk Path, Lake, Picnic Area, Pool - Outdoor, Pool - Indoor, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Transportation Service, Water/Lake Privileges
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Private Access,Swimming Allowed
View Ocean
Roof Type Metal
Accessibility Elevator
Porch Balcony
Total Parking Spaces 1
Garage Y
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 1
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Indian River
Others
Pets Allowed Y
HOA Fee Include Bus Service,Common Area Maintenance,Health Club,High Speed Internet,Insurance,Lawn Maintenance,Management,Pool(s),Recreation Facility,Reserve Funds,Road Maintenance,Security Gate,Trash
Senior Community No
Tax ID 134-17.00-56.07-505
Ownership Condominium
Security Features 24 hour security
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
Read Less
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Bought with Kim Gundy • Long & Foster Real Estate, Inc.