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  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971
  • Rehoboth Beach, DE 19971

19633 Blue Bird Lane
Rehoboth Beach, DE 19971

MLS Number: 717298

$129,900


Description: You can't buy a condo of any size or location for this price. Buy a beach condo and get an office at the beach OR Buy an office at the beach and get a condo. Live / Work opportunity one-half mile from downtown Rehoboth with superior Coastal Highway access and parking. Own for less than rent with 90% Owner financing available, 5.5% Interest, 20 Year Amortization, 10 Year Balloon Payment. An additional 400 sq ft attic above (ready to finish). Tenant's lease valid through August 2018 at $850 per month ($10,200 Annually). All walls are double 2x6 with 2" fire retardant between. Buy as an investment and become a positive cash flow landlord, or buy as a future user of this attractive, well located, full functioning space. To keep condo fees at a minimum, each owner is responsible for their proportionate share (by sq ft) of total annual budget. In a typical year, a 600 sq ft unit: $500; an 880 sq ft unit: $750; a 2000 sq ft unit: $1700.

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Description

  • You can't buy a condo of any size or location for this price. Buy a beach condo and get an office at the beach OR Buy an office at the beach and get a condo. Live / Work opportunity one-half mile from downtown Rehoboth with superior Coastal Highway access and parking. Own for less than rent with 90% Owner financing available, 5.5% Interest, 20 Year Amortization, 10 Year Balloon Payment. An additional 400 sq ft attic above (ready to finish). Tenant's lease valid through August 2018 at $850 per month ($10, 200 Annually). All walls are double 2x6 with 2" fire retardant between. Buy as an investment and become a positive cash flow landlord, or buy as a future user of this attractive, well located, full functioning space. To keep condo fees at a minimum, each owner is responsible for their proportionate share (by sq ft) of total annual budget. In a typical year, a 600 sq ft unit: $500; an 880 sq ft unit: $750; a 2000 sq ft unit: $1700.

General Details

  • Property Type: Commercial/Industrial
  • County: Sussex
  • Year Built: 2004
  • Historical District: No
  • Area: Lewes And Rehoboth Hundred
  • Disclosures: None
  • Section: Between Rt. 1 & 113
  • Security: Smoke Detectors
  • Sewer: Sewer-Public Central
  • Stories: 1

Community Information

  • Zoning: C1

Exterior Features

  • Roof: Shingle-Architectural
  • Exterior Type: Vinyl Siding

Interior Features

  • Attic: Floored
  • Basement: Crawl Space
  • Flooring: Carpet
  • Heating: Heat Pump(s)
  • Cooling: Central A/C, Heat Pump(s)
  • Water: Water-Public Central

Lot Information

  • Description: Office Park

School Information

  • School District: Cape Henlopen

Fees & Taxes

  • Condo Fee: $500
  • County Taxes: $254

Other Info

  • Listing Courtesy Of: COLDWELL BANKER RESORT REALTY - R

Rehoboth Beach Office

20184 Coastal Highway
Rehoboth Beach, DE 19971
302-227-5000
Email

Lewes Office

800 Kings Highway
Lewes, DE 19958
302-645-2881
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Seaford Office

22350 Sussex Highway
Seaford, DE 19973
302-629-5575
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Milford Office

711 N. DuPont Blvd
Milford, DE 19963
302-422-8200
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