8 Olive Avenue #205, Rehoboth Beach, DE 19971 - Photo 1

1/1

$499,000

Sold
Closed
Condo
1 Bed
1 Full Bath
500 Sq. Ft.

1/1

Property Description

LOCATION, LOCATION, LOCATION! Welcome to Patrician Towers in Rehoboth Beach, DE, where coastal charm meets an unbeatable ocean-block location that truly sets it apart. Just a short distance from the beach and boardwalk, this fully furnished corner unit offers an unparalleled beachside experience. Featuring two balconies and three sets of sliding glass doors, this bright and inviting condo seamlessly blends indoor and outdoor living, perfect for enjoying the coastal breeze and morning coffee. The light-filled living and dining area creates a warm and welcoming space for your dream retreat. Patrician Towers boasts a rooftop pool and sun deck with breathtaking panoramic views of the beach and boardwalk, offering the ultimate escape to relax and unwind. The front courtyard's tranquil koi pond with seating adds another serene retreat. Additional amenities include covered off-street garage parking, an elevator, on-site management, a laundry room, and outdoor facilities like sand showers and restrooms-all designed for your convenience. With Rehoboth's renowned restaurants, boutique shops, arcades, and scenic walking and biking trails just minutes away, this condo truly places you at the heart of everything extraordinary. Sellers are willing to offer $10,000 with an acceptable offer to buyer, for buyers choice of: closing cost assistance, rate buy down, furniture allowance, renovation allowance

Full Property Details

Full Property Details for 8 Olive Ave #205

General

Sold For: $499,000
HOA FEE: $524/month
HOA FEE FREQ.: Annually
Taxes: $788 (2024)
Status: Closed
Type: Condo
Source: BrightMLSMidAtlantic
MLS ID: DESU2106556
Added to Site: 58 day(s) ago

Interior

Interior Features: Combination Dining/Living
Appliances: Dishwasher, Microwave, Refrigerator, Oven/Range - Electric
Furnished: Yes

Rooms

Bathrooms

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

Bedrooms

Total Bedrooms: 1
Bedrooms Main & Up: 1

Other Rooms

Laundry: Common

Additional Information

Shared Amenities: Elevator, Pool - Outdoor
Shared Pool: Yes
Pool: Yes

Exterior

Exterior Features: Outside Shower, Sidewalks
Porch/Patio/Deck: Balcony

Parking

Parking Type: Off Street

Location

Area: Lewes Rehoboth Hundred (31009)
County: SUSSEX
Subdivision: NORTH REHOBOTH
Building Name: Patrician Towers
Driving Directions: From Rehoboth Ave, slight left on Lake Ave, continue onto Maryland Ave, left on 2nd St, right on Olive Ave, cross over 1st St, building will be on the right.
City Limits: Yes

School Information

School District: Cape Henlopen

Community

Assoc. Fees Include: Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Pest Control, Reserve Funds, Water
Pets Allowed: Yes
Pets: Cats OK, Dogs OK

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 Style: Coastal
Structure Type: Mid-Rise 5 - 8 Floors
Construction: Other
Entry Floor Number: 2
Stories Description: Main
Square Feet: 500
Sq. Ft. Source: Estimated
Living Area: 500 Sq. Ft.
Finished Above Grnd: 500 Sq. Ft.
Year Built: 1970
Year Built Source: Estimated

Lot Features

Zoning: R

Financial Considerations

Price Per Sq. Ft.: $998
Condo Fee: $6,290
Condo Fee Freq: Annually
Assessment Year: 2024
School Tax: $516
City/TownTax: $226
City/TownTax Freq: Annually
County Tax: $46
County Tax Freq: Annually
Tax w/Assessment: $11,500
Tax Amount: $788
Tax Year: 2024
Terms: Standard Sale

Disclosures and Reports

Ownership: Condominium
Condo: Yes
Exclusions: None
Inclusions: Property sold as seen.

Listed by Keller Williams Realty Delmarva, Sharon Y Daugherty
Sold by Masten Realty Llc, JOSEPH WILEY

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Listing agent

— 8 Olive Ave #205 —

Sharon Y Daugherty

Keller Williams Realty Delmarva

Listing Office Email: lwbunting@comcast.net

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NMLS#: 1598647

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Schools

Schools serving 8 Olive Ave #205

School District:Cape Henlopen School District

Name	Grades	Distance
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971	PK-6	0.9 mi
Beacon Middle School 19483 John J Williams Highway, Lewes, DE 19958	4-8	3.9 mi
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958	8-12	4.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8 Olive Ave #205

Date

Details

Price

Change

Source

4/16/2026

Sold

$499,000

—

MLS

3/06/2026

Listed

$499,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

118 Bellevue St, Dewey Beach, DE 19971 - Photo 1

Just Listed

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118 Bellevue St #4 Dewey Beach, DE 19971

Condo
Active
Updated 1 day ago

3
Beds
2
Total Baths
972
Sq. Ft.

Listed by Monument Sotheby's International Realty, Brian K Barrows and Monument Sotheby's International Realty, JENNIFER BARROWS

34561 Scenic Harbor Wy, Lewes, DE 19958 - Photo 1

Just Listed

$749,990

34561 Scenic Harbor Wy Lewes, DE 19958

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
2,140
Sq. Ft.

Listed by Delaware Homes Inc, Barbara K Heilman

30987 Stallion Ln, Lewes, DE 19958 - Photo 1

Just Listed

$2,395,000

30987 Stallion Ln Lewes, DE 19958

Single Family
Active
Updated 2 days ago

4
Beds
5
Total Baths
4,717
Sq. Ft.

Listed by Berkshire Hathaway HomeServices PenFed Realty, Lee Ann Wilkinson

35072 North Dr, Lewes, DE 19958 - Photo 1

Just Listed

$165,000

35072 North Dr #B-45 Lewes, DE 19958

Mobile Home
Active
Updated 15 hours ago

2
Beds
1
Total Bath
500
Sq. Ft.

Listed by Investors Realty, Inc., Tracey A Vance

35 Rodney Ave, Dewey Beach, DE 19971 - Photo 1

Price Reduced

-$249,000 (-11.86%)

$1,850,000

35 Rodney Ave #3 Dewey Beach, DE 19971

Commercial Service
Active

Listed by Keller Williams Realty, Matt Toback

15502 Solomon Wy, Lewes, DE 19958 - Photo 1

Price Reduced

-$40,000 (-5.33%)

$709,990

15502 Solomon Wy Lewes, DE 19958

Single Family
Active
Updated 5 days ago

3
Beds
2
Total Baths
1,780
Sq. Ft.

Listed by Delaware Homes Inc, Barbara K Heilman

20031 Wil King Rd, Lewes, DE 19958 - Photo 1

Price Reduced

-$4,100 (-1.17%)

$344,900

20031 Wil King Rd Lewes, DE 19958

Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
1,144
Sq. Ft.

Listed by Iron Valley Real Estate at The Beach, DEVIN SCOTT

34642 Bay Crossing Blvd, Lewes, DE 19958 - Photo 1

Price Reduced

-$115,000 (-20.54%)

$445,000

34642 Bay Crossing Blvd #701 Lewes, DE 19958

Townhouse
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,563
Sq. Ft.

Listed by Northrop Realty, ROBIN PALUMBO THOMPSON

409 Rehoboth Ave, Rehoboth Beach, DE 19971 - Photo 1

Sold

$435,000

409 Rehoboth Ave #F-12 Rehoboth Beach, DE 19971

Condo
Closed

1
Bed
1
Total Bath
400
Sq. Ft.

Listed by Patterson-Schwartz-Rehoboth, John Black
Sold by Dave McCarthy & Associates, Inc., HERB SHUPARD

121 Chesapeake St, Dewey Beach, DE 19971 - Photo 1

Sold

$509,000

121 Chesapeake St #2 Dewey Beach, DE 19971

Condo
Closed

2
Beds
1
Total Bath
739
Sq. Ft.

Listed by RE/MAX Realty Group Rehoboth, Debbie Reed and RE/MAX Realty Group Rehoboth, Cyndi Marsh
Sold by Unrepresented, Unrepresented

21 Houston St, Dewey Beach, DE 19971 - Photo 1

Sold

$460,000

21 Houston St #7 Dewey Beach, DE 19971

Condo
Closed

1
Bed
1
Total Bath
400
Sq. Ft.

Listed by Long & Foster Real Estate, Inc., BILL CULLIN
Sold by Northrop Realty, Nitan Soni

20784 East Dr, Rehoboth Beach, DE 19971 - Photo 1

Sold

$557,500

20784 East Dr #501 Rehoboth Beach, DE 19971

Condo
Closed
Updated 7 days ago

2
Beds
2
Total Baths
1,100
Sq. Ft.

Listed by Monument Sotheby's International Realty, AMY PIETLOCK
Sold by Jack Lingo - Rehoboth, BRYCE LINGO

8 Olive Avenue #205, Rehoboth Beach, DE 19971 (MLS# DESU2106556) is a Condo property that was sold at $499,000 on April 16, 2026. Want to learn more about 8 Olive Avenue #205? Do you have questions about finding other Condo real estate for sale in Rehoboth Beach? You can browse all Rehoboth Beach real estate or contact a Coldwell Banker agent to request more information.

8 Olive Ave #205 Rehoboth Beach, DE 19971

Full Property Details for 8 Olive Ave #205

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Additional Information

Exterior

Parking

Location

School Information

Community

Heating & Cooling

Utilities

Structural Information

Lot Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 8 Olive Ave #205

Price & Sales History for 8 Olive Ave #205

Just Listed near 8 Olive Ave #205

118 Bellevue St #4 Dewey Beach, DE 19971

34561 Scenic Harbor Wy Lewes, DE 19958

30987 Stallion Ln Lewes, DE 19958

35072 North Dr #B-45 Lewes, DE 19958

Price Reduced near 8 Olive Ave #205

35 Rodney Ave #3 Dewey Beach, DE 19971

15502 Solomon Wy Lewes, DE 19958

20031 Wil King Rd Lewes, DE 19958

34642 Bay Crossing Blvd #701 Lewes, DE 19958

Recent Sales near 8 Olive Ave #205

409 Rehoboth Ave #F-12 Rehoboth Beach, DE 19971

121 Chesapeake St #2 Dewey Beach, DE 19971

21 Houston St #7 Dewey Beach, DE 19971

20784 East Dr #501 Rehoboth Beach, DE 19971