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25 McKinley Avenue, Dewey Beach, DE 19971
$1,550,000
25 McKinley Avenue, Dewey Beach, DE 19971View this property at 25 McKinley Avenue, Dewey Beach, DE 19971
25 McKinley AvenueDewey BeachDE19971
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Property Description
Super opportunity to own this ocean side renovated 5-bedroom 3.5 bath beach home. Two master suites, large private backyard with gazebo, roof top deck, sun room, and over sized parking area make this 2400 square foot home an entertainer's dream. The property has a proven rental history of over $110,000 per year with repeat family weekly rentals. Buy both 23 and 25 McKinley for a combined rental income of over $175,000 per year. One minute walk to beach without crossing any roads. Come put your toes in the sand and ocean. Close to all the hot spots and restaurants, but private enough to enjoy the tranquility of the beach and ocean. Great patio area in the rear yard for cook outs and gathering. Rare to actually have a yard at the beach. Just such a fun home and place to be. In great condition with a great rental history. There have been many updates to this property with new composite siding being the most recent. Plenty of off street parking. All furniture and appliances included in the sale.. Property zoned RR and the size of the property allows for additions. We urge any buyer to confirm for themselves the specifics of addition size with the town of Dewey Beach. Come to Dewey Beach. Relax. Have fun.
Full Property Details
Full Property Details for 25 McKinley Ave
General
- Sold For: $1,550,000
- Taxes: $1,325 (2023)
- Status: Closed
- Type: Townhouse
- MLS ID: DESU2049892
- Added to Site: 194 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Main Floor Baths: 4
- Main - Full Baths: 3
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main & Up: 5
Additional Information
- Shared Amenities: None
Parking
- Parking Type: Driveway
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Development Name: None Available
- Subdivision: None Available
- Building Name: NONE AVAILABLE
- Driving Directions: RT# 1 south to Dewey Beach. Left onto McKinley Avenue. Property is on the left.
School Information
- School District: Cape Henlopen
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: End of Row/Townhouse
- Construction: Composition
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Block
- Roof: Shingle
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 2,400
- Sq. Ft. Source: Estimated
- Living Area: 2,400 Sq. Ft.
- Year Built: 1981
- Year Built Source: Assessor
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: TN
Financial Considerations
- Price Per Sq. Ft.: $687.5
- Assessment Year: 2023
- School Tax: $1,205
- County Tax: $121
- County Tax Freq: Annually
- Tax w/Assessment: $26,900
- Tax Amount: $1,325
- Tax Year: 2023
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1140
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
Listed by Compass, Linda Chase and Compass, Richard Oberly
Sold by Compass, Linda Chase
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Schools
Schools serving 25 McKinley Ave
School District:Cape Henlopen School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 Stockley St, Rehoboth Bch, DE 19971 | PK-5 | 1.3 mi | |
19483 John J Williams Hwy, Lewes, DE 19958 | 6-8 | 4.3 mi | |
1250 Kings Hwy, Lewes, DE 19958 | 9-12 | 6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 25 McKinley Ave
Date
Details
Price
Change
Source
4/19/2024
Sold
$1,550,000
-6.06%
MLS
2/06/2024
Price Reduced
$1,650,000
-8.33%
MLS
10/16/2023
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
25 McKinley Avenue, Dewey Beach, DE 19971 (MLS# DESU2049892) is a Townhouse property that was sold at $1,550,000 on April 19, 2024. Want to learn more about 25 McKinley Avenue? Do you have questions about finding other Townhouse 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.