701 South Edgewater House Road, Unit 701S

Bethany Beach, DE 19930

$1,350,000
Price
2
Beds
2
Baths
1,265 Sq. Ft.
$1,067 / Sq. Ft.
1,265
Sq. Ft.
$1,067
per Sq. Ft.

Description

Welcome to 701 S Edgewater House in Sea Colony East! This recently renovated condo has everything one could ask for - plus an AMAZING view and phenomenal rental history! Inside this oceanfront beauty you'll find LVP flooring throughout, GE Stainless Steel appliances, new lighting, tiled showers and backsplash and new furnishings! For those who enjoy entertaining, you'll love the wet bar and wine fridge! HVAC was replaced in 2020 and the hot water heater was just replaced last season! As a rental...Welcome to 701 S Edgewater House in Sea Colony East! This recently renovated condo has everything one could ask for - plus an AMAZING view and phenomenal rental history! Inside this oceanfront beauty you'll find LVP flooring throughout, GE Stainless Steel appliances, new lighting, tiled showers and backsplash and new furnishings! For those who enjoy entertaining, you'll love the wet bar and wine fridge! HVAC was replaced in 2020 and the hot water heater was just replaced last season! As a rental property, this unit grossed almost $50K in 2023 in spite of a delayed start to the season! Sea Colony is a truly unique community loaded with amenities! A 1/2 mile private beach, indoor gym, 17,000 sq ft Fitness Center, 2 indoor pools, 13 outdoor pools, Aquatic Center, DOZENS of indoor and outdoor tennis and Pickleball courts, basketball courts, 24/7 Security plus scheduled activities throughout the summer! All this and just a short walk to downtown Bethany Beach! Whether looking for your own use and enjoyment or as a rental property, you can't go wrong!
  1. Listed by DAVE LEIDERMAN • Keller Williams Realty
    P: 4432353828 ocledo@gmail.com

Property Details for 701 South Edgewater House Road, Unit 701S

Tax ID Number
134-17.00-56.03-701S
Ownership
Land Lease
Condo Coop Association
Yes
HOA
Yes
Entry Floor Number
7
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
1

Location

Listing Courtesy of Keller Williams Realty
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LISTING UPDATED: 05/13/2024 02:50 PM

Property Details for 701 South Edgewater House Road, Unit 701S

StatusActive
MLS #DESU2061932
Days on Market13
Taxes$1,175 / year
HOA Fees$761 / quarter
Condo/Co-op Fees$2,153 / quarter
Compass TypeCondo
MLS TypeResidential / Land Lease
Year Built1974
CountySussex County

Location

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Building Information for 701 South Edgewater House Road, Unit 701S

Building/ComplexSea Colony EdgewaterFloor-Stories1Residences-Pet PolicyAllowedYear Built1974

Payment Calculator

$8,437 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$98

HOA Dues

$971

The Payment Calculator is for illustrative purposes only.

Property Information for 701 South Edgewater House Road, Unit 701S

Location
Location
  • In City Limits: No
  • School District Name: INDIAN RIVER
  • School District County ID: 300200396898
  • SchoolDistrictSource: Listing Agent
  • Elementary School: LORD BALTIMORE (SUSSEX DE)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: SELBYVILLE (SUSSEX DE)
  • MiddleSchoolSource: Listing Agent
  • High School: INDIAN RIVER (SUSSEX DE)
  • HighSchoolSource: Listing Agent
  • County: SUSSEX
  • MLS Area: Baltimore Hundred (31001)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: Yes
  • Water Access Features: Private Access, Swimming Allowed
  • Water Oriented: Yes
  • Navigable Water: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Frontage In Feet: 2640.0
Association / Community Info
Association / Community Info
  • HOA Name: SEA COLONY RECREATION ASSOCIATION
  • HOA Phone: (302) 541-8830
  • Condo Coop Name: Sea Colony East Phase III
  • Condo Coop Phone: 302-537-9499
  • HOA Condo Coop Mgmt Type: Professional - On-site
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Capital Contribution Amount: $6,000
  • Type of Condo: Condo/Coop Association, Home Owner Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Year Assessed: 2023
  • County Tax: $128
  • Clean Green Assessed: No
  • Land Use Code: 999
  • Zoning: AR-1
  • School Tax: $1,048
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Dogs OK
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Financial Information
Expenses
  • Income Expense List: Annual Ground Rent
Financial Information
  • Annual Rental Income: $48,000
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Total Finished SQFT: 1,265.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5115898
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 49
  • Land Lease Amount: $2,000
  • Land Lease Amount Frequency: Annually
  • Land Lease Years Remaining: 49
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Accessibility Features: Elevator
  • Security Features: Desk in Lobby, 24 hour security
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Pool: Yes - Community
  • Community Pool Features: Indoor, In Ground, Lap/Exercise, Pool/Spa Combo
  • Horse: No
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Other
  • Heating Type: Central
  • Heating Fuel: Electric, Central
  • Hot Water: Electric
  • Water Source: Community
  • Sewer Septic: Public Sewer
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)
  • List Agent URL: www.davesbeachhomes.kw.com

Property History for 701 South Edgewater House Road, Unit 701S

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 701 South Edgewater House Road, Unit 701S

This home is within Indian River School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 12
Rating
School
Distance
Lord Baltimore Elementary School
PublicK to 5

Selbyville Middle School
Public6 to 8

Indian River High School
Public9 to 12

Carver (G.W.) Educational Center
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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701 South Edgewater House Road, Unit 701S is a condo for sale in Bethany Beach, DE 19930. This property was listed for sale on May 10, 2024 by Keller Williams Realty, it's currently listed at $1,350,000. This listing's school district is Indian River School District. Nearby schools include Lord Baltimore Elementary School, Selbyville Middle School and Indian River High School. 701 South Edgewater House Road, Unit 701S is a 2-bed, 2-bath, 1,265 sqft condo built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.