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Property view

7 Olive Ave, 
Rehoboth Beach, DE 19971

$2,100,000


5

Beds


5

Baths


2,958

Sq Ft


Single Family

Sold

Listed by

Kathy Newcomb

Elizabeth Dorman

Coldwell Banker Resort Realty - Rehoboth

MLS#

DESU140752

Source:

BRIGHTMLS

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About This Home

7 Olive Ave

Your sand castle awaits in North Rehoboth. Looking for an oceanblock rental investment property, look no more. This single family home had rental income exceeding $100,000 in 2018. Owner has kept property in immaculate condition and the returning guests come again and again. This inverted floor plan offers four bedrooms and three baths on the first floor and a second floor with master bedroom and bath, dining area, open kitchen, family room and enclosed porch with ocean views. Being just steps to Rehoboth's boardwalk and beach is a tenant and owner must. North Rehoboth keeps you far enough away from the commercial area yet close enough to easily walk to all of Rehoboth's main attractions. Capitalize on today's low interest rates and this property's successful income stream. A winning combination! Global Luxury!

Home Facts

Single Family

5 Baths

5 Bedrooms

Built in 1999

Price Summary

2,274,900

$769 per Sq. Ft.

MLS #:

DESU140752

Sold:

April 23, 2021


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

2,958 Sq. Ft.


Structure

Structure

Architectural Style:

Coastal

Year Built:

1999


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$2,274,900

Price per Sq. Ft:

$769 per Sq. Ft.

7 Olive Ave
Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.