$2,890,000

805 Coastal Hwy, Fenwick Island, DE, 19944

11

Beds

Baths

6,300

Square feet

0.15

Acres

Ultimate Investment Opportunity! Oceanblock home featuring 3 separate condos that can be rented together or separately. Each property features open floor plans, hardwood floors, gas fireplace, full kitchens with granite countertops, and stainless steel appliances. The penthouse features 5 bedrooms and a roof top deck with panaramic ocean and bay views. The lower floor features 2 separate condos each with 3 bedrooms. All condos are connected by an indoor stairwell and shared elevator. The ground level features plenty of parking, grill area, and outdoor living space. All properties are professionally decorated and in very good condition. Past rental income has exceeded $200K annually. Located in the heart of Fenwick Island on the ocean side and just a short walk to the beach, restaurants, mini golf, water park, and shopping. Offered fully furnished and turn key. Must honor 2022 rentals. Don't miss this opportunity to own a special property in Fenwick Island.

Facts & Features

MLS® # DESU2008062
Price $2,890,000
Bedrooms 11
Bathrooms 6.50
Full Baths 6
Half Baths 1
Square Footage 6,300
Acres 0.15
Year Built 2009
Type Residential
Sub-Type Detached
Style Coastal, Dwelling w/Separate Living Area
Status Active Under Contract

Community Information

Address 805 Coastal Hwy
Area Baltimore Hundred (31001)
Subdivision NONE AVAILABLE
City Fenwick Island
County SUSSEX-DE
State DE
Zip Code 19944

Amenities

Amenities CeilngFan(s), Elevator, Master Bath(s), Walk-in Closet(s), Shades/Blinds, Sprinkler System, Wainscotting
Utilities Electric Available, Cable TV Available, Propane
Parking Under Home Parking
Is Waterfront No

Interior

Interior Features Floor Plan-Open
Appliances Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range-Electric, Refrigerator, Washer, Water Heater
Heating Central
Cooling Central A/C
Has Basement No
Fireplace Yes
# of Fireplaces 3
Fireplaces Gas/Propane
# of Stories 2
Stories 2 Story

Exterior

Exterior HardiPlank
Exterior Features Exterior Lighting, Sidewalks, Street Lights, Deck(s), Roof Deck
Windows Energy Efficient, Insulated, Screens
Foundation Pilings

School Information

District INDIAN RIVER
High SUSSEX CENTRAL

Additional Information

Date Listed October 22nd, 2021
Days on Market 207
Zoning Q
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty Mark Associates-Newark

Listing Map

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