206 Annapolis House Rd, Bethany Beach, DE 19930

$575,000
2
BD
2
BA
1,097
SqFt

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List Price
$575,000
Status
ACTIVE
MLS#
DESU2120444
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,097
Lot Size (Acres)
8.19
Style
Contemporary
Year Built
1973
County
Sussex
School District
Indian River

Property Description

Discover a prime investment opportunity or vacation home. in the sought-after Sea Colony East community. This contemporary 2-bedroom, 2-bathroom unit in the Sea Colony Annapolis building offers direct water access, enhancing its appeal for short-term rentals. With a spacious 1,097 sq. ft. layout, this hi-rise apartment is designed for modern living. The property boasts a range of amenities, including indoor and outdoor pools, fitness center, tennis and pickleball courts, and beach access, making it attractive to a wide array of renters. The association fee covers essential services such as cable, water, and maintenance, ensuring low management costs for investors. With a strong rental market and desirable location, this property presents an excellent opportunity for generating consistent returns. Community amenities, and low maintenance makes this unit a smart addition to any investment portfolio. Don't miss out on this chance to capitalize on coastal living! Average rental income is $21,000-$22,000 per year.

Additional Information

Area
Baltimore Hundred (31001)
Subdivision
Sea Colony East
Building Name
Sea Colony Annapolis
Taxes
$1151
HOA Fee
$2,320
HOA Frequency
Quarterly
Condo Fee
$862
Amenities
Beach, Cable, Elevator, Fitness Center, Meeting Room, Pickleball Courts, Pool - Indoor, Pool - Outdoor, Security, Tennis Courts
School District
Indian River
Garage
Yes
Garage Spaces
1
Community Amenities
Beach, Cable, Elevator, Fitness Center, Meeting Room, Pickleball Courts, Pool - Indoor, Pool - Outdoor, Security, Tennis Courts
View
Ocean
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Utilities
Cable TV, Phone Available
Water
Public, Private
Sewer
Public Septic

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of TANSEY WARNER. Contact: 302-539-3001