24 W Atlantic Street, Fenwick Island, DE 19944-4528 $1,199,000

Beds/Baths: 4/1.1
Acreage: 0.12
Age:52 years
Style:
Cottage
MLS#: DESU2073924
Subdivision: None Available
Design/Type:
Detached

Description

Great investment opportunity. Bring your imagination, your architect and your builder. Here is your opportunity to build your dream beach home. This beach cottage ready to go for your personal or rental use. But, it is definitely in need of a complete remodel or to rebuild the perfect home for you or as an investment. The current home is perfectly located within close walking distance to the beach, restaurants, shopping, entertainment and all that the Fenwick Island and Ocean City beaches have to offer. The best part is your location on the south side of the street and directly on the canal with direct access to Assawoman Bay and all the action that is associated with it. The current home has been raised with a block foundation and two car garage with storage below, large front porch, kitchen, dining, living, two bedrooms, 1/2 bath w/ laundry on the main floor with a huge deck with canal and bay views and loads of sun. The third level has two more bedrooms and a full bath with another huge room that leads to the expansive back deck. This home has been lived in by the same family for the last 50+/- years and is the first time on the market in just as many. Don't miss your chance to get this home at a great price and build start building your equity today. Newer homes on the same street and area are selling for well over 2M dollars.

Taxes: $985
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: N
Pool: No Pool
School Dist: Indian River

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Type: Canal; Navigable: Yes;

Utilities
Heat Pump - Electric BackUp, Electric, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Attached Garage, Driveway, Garage - Front Entry, Attached Garage Spaces #: 2;

Exterior
Block Foundation, Block Exterior,

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

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This report is a detailed community overview for Fenwick Island (19944), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 22
  • Average salary of people in this community: $92,178

Community Summary

  • Population Density (ppl / mile): 300
  • Household Size (ppl): 1.91
  • Households w/ Children: 11%

Housing Inventory

  • Owned: 342 (19.0%)
  • Rented: 22 (1.2%)
  • Vacant: 1,435 (79.8%)
  • Total: 1,799

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 697
Households: 364
Median Age: 65.30

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 0.5%
  • Some High School: 1.7%
  • High School Graduate: 21.3%
  • Some College: 17.9%
  • Associate Degree: 4.9%
  • Bachelor's Degree: 34.3%
  • Graduate Degree: 19.6%

Income by dollar range

Median Income: $76,500

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).


© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: EXP Realty, LLC , (888) 543-4829, de.broker@exprealty.net

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/06/2024.

24 W Atlantic Street, Fenwick Island, DE 19944-4528

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.