$324,000
$310,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,087 SqFt
SOLD DATE : 11/21/2023
Key Details
Sold Price $324,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,087 sqft
Price per Sqft $298
Subdivision Reserves Of Nassau
MLS Listing ID DESU2051102
Sold Date 11/21/23
Style Coastal
Bedrooms 2
Full Baths 2
Condo Fees $167/mo
HOA Y/N N
Abv Grd Liv Area 1,087
Originating Board BRIGHT
Year Built 2004
Annual Tax Amount $684
Tax Year 2022
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to this charming property "The Mermaid Lounge" - a fully furnished and meticulously maintained condo that offers the ultimate beach getaway or a savvy investment opportunity with a stellar rental history! This waterfront condo, situated on the first level, has been recently updated with new carpet and beds, offering a fresh and inviting ambiance. Located in the hidden gem community, Reserves of Nassau, in the heart of Lewes conveniently off Coastal Highway for quick access to local attractions. Adjacent to the Lewes Georgetown bike trail, linking to the Junction and Breakwater Trail and Cape Henlopen State Park, leading all the way to downtown Rehoboth Beach. You are just a short bike ride away from some of the area's most beautiful beaches and stunning vistas. You are only 3 short miles from the pristine sands of Lewes Beach and the picturesque town of Lewes. Whether you're seeking a lucrative investment property or your personal coastal retreat, this condo is the perfect canvas to make your dreams come true. Step onto your private patio, overlooking the serene community pond, and savor the tranquil surroundings. Right outside your front door, you'll find the community pool, inviting you to cool off and unwind in style. The winning combination of this prime location and a proven rental income exceeding $30,000 makes "The Mermaid Lounge" a property that you simply must see to believe. Whether you're looking to invest or indulge, this condo offers endless possibilities. Opportunities like this don't come around often. Secure your piece of Lewes and enjoy the allure of coastal living.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning C-1
Rooms
Other Rooms Dining Room, Primary Bedroom, Kitchen, Great Room, Bathroom 2, Primary Bathroom, Additional Bedroom
Main Level Bedrooms 2
Interior
Interior Features Recessed Lighting
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Vinyl, Carpet
Equipment Built-In Microwave, Oven/Range - Electric, Oven - Self Cleaning, Refrigerator, Dishwasher, Disposal, Washer, Dryer
Furnishings Yes
Fireplace N
Window Features Insulated
Appliance Built-In Microwave, Oven/Range - Electric, Oven - Self Cleaning, Refrigerator, Dishwasher, Disposal, Washer, Dryer
Heat Source Electric
Exterior
Exterior Feature Patio(s)
Amenities Available Pool - Outdoor, Swimming Pool
Waterfront N
Water Access N
View Pond
Accessibility None
Porch Patio(s)
Parking Type Off Street
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Foundation Slab
Sewer Public Sewer
Water Private
Architectural Style Coastal
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Pool(s),Road Maintenance,Lawn Maintenance,Reserve Funds,Trash
Senior Community No
Tax ID 334-05.00-81.00-2105
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Description Cats OK, Dogs OK
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Bought with Dustin Oldfather • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "