Property

Rehoboth Beach, DE 19971 8 Olive Avenue # 111

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Presented By: Dave McCarthy & Associates, Inc.
  • MLS# DESU2107836
  • 03/23/2026
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 750
  • Garage • 1

Home Details

Ocean View - Ocean Block & Rarely Offered - this 2 bedroom, 2 bath condo is ready for it's new owner. Located on the first floor, this unit can be accessed through the lobby, or through a secondary entrance located on the side of the building. The first floor condo is offering a updated kitchen with SS appliances, quartz countertops & undercounter LED lighting, dining & living area with fireplace and also a Queen size murphy bed along with a great patio area off the living area. In the dining area you will note a beautiful 16ft floor to ceiling window allowing a lot of natural lighting to flow in. On the first floor there is also a nice sized storage/pantry closet. Where the fireplace is located offers additional storage as well. The 2nd floor offers a primary bedroom w/ full bath along with a covered balcony overlooking the courtyard with Koi pond and also the ability to enjoy sunset views. Enjoy the 2nd covered balcony on the upper level with a great view of the Atlantic Ocean and the famous Rehoboth Beach Boardwalk. Guest bedroom with access to the hall bath. Both bathrooms have been updated. New electric box - 2 zone heating and AC have been within the last 3 years. 4 Storm Shutters were added to protect you from the elements or simply as added protection through a storm. Freshly painted! Enjoy one parking space in the secure underground heated garage. Patrician Towers has a welcoming courtyard with Koi pond, a great place to gather with friends and family before an evening out. After a day on the beach, take the elevator up to the roof top pool with panoramic views of the ocean, boardwalk and the city. Sunrises and sunsets from there are not to be missed. If you enjoy biking, Rehoboth is home to the Breakwater Junction Trail, known for its natural beauty and proximity to historic Lewes and beyond. Bike storage is located in the garage. In recent years, Patrician Towers has undergone major renovations to the building to maintain its structural integrity, improve appearance and protect the investment of its owners. These include new aluminum awnings; aluminum railings, balcony and walkway coating; brick pointing; concrete repairs; caulking; soffit coatings; drip edge replacement and more! All phases were completed prior to May, 2023. There is a 1% Capital Contribution Fee at the time of closing.
Presented By: Dave McCarthy & Associates, Inc.

Interior Features for 8 Olive Avenue # 111

Bedrooms

Bedrooms Count All Upper Levels2
Bedrooms Count Upper Level 12
Total Bedrooms2

Bathrooms

Bathrooms Full Upper Level 12
Bathrooms Full All Upper Levels2
Bathrooms Count Upper Level 12.00
Bathrooms Count All Upper Levels2
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area750
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area0
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Fireplace FeaturesElectric, Heatilator
Fireplace Y/NYes
Heating FuelGeo-thermal
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesBathroom - Tub Shower, Bathroom - Walk-In Shower, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Dining Area, Kitchen - Efficiency, Recessed Lighting, Upgraded Countertops, Window Treatments
Total Fireplaces1

Other Rooms

Entry Level1

General for 8 Olive Avenue # 111

Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesBuilt-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Refrigerator, Water Heater
Architectural StyleCoastal
Association AmenitiesCommon Grounds, Elevator, Fencing, Laundry Facilities, Pool - Outdoor, Security
Association Fee IncludesCommon Area Maintenance, Ext Bldg Maint, Insurance, Management, Pest Control, Pool(s), Reserve Funds, Water
AssociationName2Patrician Towers
Body of WaterAtlantic Ocean
Building NamePatrician Towers
CityREHOBOTH BEACH
Condo/Coop Association fee Y/NYes
Construction MaterialsBlock, Concrete
Cool FuelGeothermal
CoolingCentral A/C, Ceiling Fan(s)
CountySUSSEX
DirectionsGPS Directions
Facing DirectionNorth
Floors In Unit Count2
Full Baths2
Garage Spaces1.00
Garage Y/NYes
HOANo
HOA Fee 23290.00
HOA Fee 2 FrequencyQuarterly
HeatingCentral, Heat Pump(s)
Home Warranty Y/NNo
Lease Considered Y/NNo
Legal SubdivisionNORTH REHOBOTH
Levels2
Living Area750
Location TypeDowntown
Lot Size Square Feet20909.00
Lot Size UnitsSquare Feet
MLS AreaLewes Rehoboth Hundred (31009)
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG1500.0
Property TypeResidential
School DistrictCAPE HENLOPEN
Security FeaturesMain Entrance Lock, Monitored, Security Gate
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeUnit/Flat/Apartment
Subdivision NameNORTH REHOBOTH
Sussex DE QuadrantsEast of Rt 1
Tax Annual Amount2342.0
Tax Lot86
Tax Year2025
Total SQFT750
Unit Number111
UtilitiesCable TV
Vacation Rental Y/NNo
ViewOcean
Water Access Y/NYes
Year Built1970
Year Built SourceAssessor
ZoningTN

Exterior for 8 Olive Avenue # 111

Exterior AmenitiesSidewalks, Street Lights
Garage FeaturesInside Access
InclusionsSee Inclusion list attached
Land Use Code1 5
Lot Dimensions0.00 x 0.00
Lot Size Acres0.48
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NYes
Parking Garage - # of Spaces1
PoolYes - Community
Total Parking Spaces1
Type of ParkingParking Garage
Water Body TypeOcean
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NYes
Waterfront Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $1,125,000
MLS#DESU2107836
List Date 03/23/2026
Property Type Condos
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