103 Collins Ave #601, Dewey Beach, DE, 19971






Square feet

Ask about special financing options!This property is eligible for 10 percent down second home financing with rate below 6 percent for qualified buyer. Rarely does an opportunity like this become available!! Beautiful four bedroom three bath townhome in the Cove with bayviews steps to the Rehoboth marina and Dewey beaches. This unit features new vinyl plank flooring and paint. Kitchen has been enlarged and upgraded with custom cabinets, granite counters and stainless appliances. Master bath has also been enlarged and remodeled. Parking and storage underneath is an added bonus. Amenities include a pool and tennis. This unit has an excellent rental history exceeding gross rental income of $95,000 in 2021 and approx. 90K in 2022 (owner held off renting once it went on the market for sale). Nicely furnished, turn key and ready for you to enjoy this fall. This would make a wonderful second home or investment property. Well managed association by professional management company and association has a strong reserve fund.

Facts & Features

MLS® # DESU2026434
Price $939,900
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 1,340
Acres 0.00
Year Built 1984
Type Residential
Sub-Type Condo, Townhouse
Style Contemporary, Coastal
Status Active

Community Information

Address 103 Collins Ave #601
Area Lewes Rehoboth Hundred (31009)
Subdivision INDIAN BEACH
City Dewey Beach
State DE
Zip Code 19971


Amenities Tub Shower, Stall Shower, Upgraded Countertops, Shades/Blinds
Utilities Electric Available, Cable TV Available
Parking Spaces 2
Parking Assigned, Under Home Parking, Gravel Driveway
View Bay, Marina
Is Waterfront No
Has Pool Yes


Appliances Built-In Microwave, Dishwasher, Dryer-front loading, Oven/Range-Electric, Refrigerator, Stainless Steel Appliances, Washer-front loading, Water Heater
Heating Heat Pump(s)
Cooling Ceiling Fan(s), Central A/C
Has Basement No
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood
# of Stories 3
Stories 3


Exterior Frame
Exterior Features Deck(s), Balcony, Secure Storage, Tennis Court(s)
Windows Screens, Sliding
Roof Architectural Shingle
Foundation Pilings

School Information


Additional Information

Date Listed August 4th, 2022
Days on Market 109
Zoning R
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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