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$62,000

  • For Sale
  • Active
  • Condo
  • 1 Full Bath
  • 354 Sq. Ft.
See This Home
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Why settle for a timeshare when you can own a piece of paradise? This budget-friendly coastal retreat offers deeded fractional ownership, meaning you gain equity as property values rise-an investment that grows with you. But beyond the financial perks, imagine the lifestyle it brings: morning beach walks, collecting seashells, and unforgettable getaways with family and friends. This beautifully appointed unit comfortably sleeps four or more guests, featuring a king-sized bed and a queen sleeper sofa. The kitchenette is fully stocked with a two-burner cooktop, microwave, refrigerator, cookware, and all the essentials. A charming window bench provides the perfect spot to relax and take in breathtaking ocean views. Venture into town to explore delicious restaurants and vibrant entertainment, or hop on the Jolly Trolley to Rehoboth-just steps from your door. Can't stay as often as you'd like? Let the hotel manage your unused days, covering costs and even generating summer rental income. The beach is calling-don't miss this incredible opportunity! (Seller is a licensed Realtor in the state of Delaware.)

Full Property Details for 1 Read Ave #114A

General

  • Price: $62,000
  • HOA FEE: $435/month
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2092126
  • Updated: 12/17/2025
  • Added to Site: 165 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchenette, Recessed Lighting

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Additional Information

  • Shared Amenities: Cable, Common Grounds, Laundry Facilities, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking
  • Shared Pool: Yes
  • Pool: Yes

Exterior

  • Exterior Features: BBQ Grill

Parking

  • Parking Features: Under Home Parking
  • Parking Type: Parking Lot

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: None Available
  • Building Name: The Surf Club
  • Driving Directions: Coastal Hwy to Dewey Beach. Turn onto Read Street towards the ocean. Surf Hotel Condominiums on the left on the beach.
  • Location Details: Oceanfront
  • City Limits: Yes

School Information

  • School District: Cape Henlopen

Community

  • Assoc. Fees Include: A/C unit(s), All Ground Fee, Appliance Maintenance, Cable TV, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Heat, High Speed Internet, Insurance, Laundry, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Standard Phone Service, Taxes, Trash, Water

Heating & Cooling

  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Wall Unit, Forced Air
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Phone

Structural Information

  • Architectural Style: Unit/Flat
  • Structure Type: Garden 1 - 4 Floors
  • Construction: Mixed
  • Foundation: Pilings
  • Entry Floor Number: 1
  • Stories Description: Main
  • Square Feet: 354
  • Sq. Ft. Source: Estimated
  • Living Area: 354 Sq. Ft.
  • Finished Above Grnd: 354 Sq. Ft.
  • Year Built: 1955
  • Year Built Source: Estimated

Lot Features

  • Zoning: RES

Water Features

  • Water Front: Yes
  • Navigable Water: Yes
  • Water Access: Yes
  • Water Front Type: Ocean

Financial Considerations

  • Price Per Sq. Ft.: $175.14
  • Condo Fee: $435
  • Condo Fee Freq: Monthly
  • City/TownTax Freq: Annually

Disclosures and Reports

  • Ownership: Fractional
  • Condo: Yes

Listed by Iron Valley Real Estate at The Beach, Maria C. Bennett

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Listing agent

— 1 Read Ave #114A —

  • Maria C. Bennett

    Iron Valley Real Estate at The Beach

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 Read Ave #114A

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-61.4 mi
Mariner Middle School
16391 Harbeson Road, Milton, DE 19968
5-813.9 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-126.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 Read Ave #114A Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/02/2025
Price Reduced
$62,000
-4.62%
MLS
8/04/2025
Listed
$65,000
-18.75%
MLS
6/17/2015
Sold
$80,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1 Read Ave #114A

Year
Property Taxes
Change
Tax Assessment
Change
2025
$602
35%
$9,050
—
2023
$446
4%
$9,050
—
2022
$430
1%
$9,050
—
2021
$426
—
$9,050
—
2020
$425
—
$9,050
—
2019
$426
7%
$9,050
—
2018
$397
4%
$9,050
—
2017
$381
5%
$9,050
—
2016
$362
5%
$9,050
—
2015
$345
4%
$9,050
—
2013
$333
—
$9,050
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1 Read Ave #114A

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Iron Valley Real Estate at The Beach, Maria C. Bennett

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19 Palmer Ave  Rehoboth Beach, DE 19971

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Listed by Jack Lingo - Rehoboth, BRYCE LINGO and Jack Lingo - Rehoboth, SHAUN TULL

Price Reduced near 1 Read Ave #114A

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35948 Haven Dr, Rehoboth Beach, DE 19971 - Photo 1 Price Reduced
-$6,000 (-1.41%)
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35948 Haven Dr  #103  Rehoboth Beach, DE 19971

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Listed by RE/MAX Components, Christy Lyn Kopp
37470 Malloy St, Rehoboth Beach, DE 19971 - Photo 1 Price Reduced
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37470 Malloy St  Rehoboth Beach, DE 19971

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111 Loganberry Ln, Rehoboth Beach, DE 19971 - Photo 1 Price Reduced
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Recent Sales near 1 Read Ave #114A

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1 Read Ave, Dewey Beach, DE 19971 - Photo 1 Sold
$65,000

1 Read Ave  #113B  Dewey Beach, DE 19971

  • Condo
  • Closed
  • 1
    Bed
  • 1
    Total Bath
  • 480
    Sq. Ft.
Listed by The Parker Group, Bryanna L. Melvin
Sold by Monument Sotheby's International Realty, Brian K Barrows and Monument Sotheby's International Realty, Amanda Leigh Valcik
1 Read Ave, Dewey Beach, DE 19971 - Photo 1 Sold
$63,000

1 Read Ave  #315  Dewey Beach, DE 19971

  • Condo
  • Closed
  • 1
    Bed
  • 1
    Total Bath
  • 354
    Sq. Ft.
Listed and Sold by Monument Sotheby's International Realty, Brian K Barrows and Monument Sotheby's International Realty, Amanda Leigh Valcik
20644 Coastal Hwy, Rehoboth Beach, DE 19971 - Photo 1 Sold
$60,000

20644 Coastal Hwy  Rehoboth Beach, DE 19971

  • Business
  • Closed
Listed by Patterson-Schwartz-Hockessin, Diane Salvatore and Patterson-Schwartz-Hockessin, DENISE MICHELLE SISOFO
Sold by Long & Foster Real Estate, Inc., Jordan Oncay
36104 Knight St, Rehoboth Beach, DE 19971 - Photo 1 Sold
$68,400

36104 Knight St  #146  Rehoboth Beach, DE 19971

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 980
    Sq. Ft.
Listed and Sold by Sea Bova Associates Inc., LINDA BOVA and Sea Bova Associates Inc., BRIDGET BAUER

1 Read Avenue #114A, Dewey Beach, DE 19971 (MLS# DESU2092126) is a Condo property with 0 bedrooms and 1 full bathroom. 1 Read Avenue #114A is currently listed for $62,000 and was received on August 04, 2025. Want to learn more about 1 Read Avenue #114A? Do you have questions about finding other Condo real estate for sale in Dewey Beach? You can browse all Dewey Beach real estate or contact a Coldwell Banker agent to request more information.

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