- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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$65,000
Monthly Est:$324
1 Bed
- 1 Bath
1 full bath
354sqft
1 Read Ave #116D, Dewey Beach, DE 19971
$65,000
$324/moEst:
Get Pre-Approved
Condominium
Built in 1955
$435/mo HOA
-- sqft lot
$184/sq.ft
Description
UNMATCHED OPPORTUNITY! OCEANFRONT OWNERSHIP + RENTAL INCOME OPPORTUNITY!
Imagine waking up to the sound of waves, stepping outside, and walking directly onto the sand. Enjoy morning strolls along the shoreline, afternoons soaking up the sun, and evening walks under glowing sunsets — all without having to drive
anywhere or fight for parking.
Welcome to The Surf Club, where OCEANFRONT LIVING MEETS FLEXIBILITY, INCOME POTENTIAL, AND HASSLE-FREE OWNERSHIP — and all without spending millions of dollars. This beautifully maintained 1-BEDROOM, 1-BATH
CONDO comfortably SLEEPS FIVE thanks to a KING-SIZED BED, a QUEEN-SIZED SLEEPER SOFA, and a VERSATILE SLEEPING BENCH — making it perfect for families, guests, or maximizing rental potential.
You'll enjoy 13 WEEKS OF DEEDED OWNERSHIP each year — this is NOT A TIMESHARE! FLEXIBLE RENTAL PROGRAM: At the beginning of each year, owners choose which weeks to USE and which to RENT. Any weeks placed into the SOV RENTAL POOL earn income based on the total rentals for your room category that week. If you’re the only owner renting, you keep 100% OF YOUR UNIT’S PROFITS. If multiple SOV units are rented, profits are divided equally among those owners. Nightly rental rates are market-driven, and on-site professional management — the same team that operates the HYATT at the Rusty Rudder — handles bookings, cleanings, maintenance, utilities, taxes, and insurance. You can also switch plans last minute: if you originally planned to use your week but can’t, you can make it available for rental. Likewise, if you planned to rent but decide you want to come, you can — as long as your unit or another available SOV is open.
With SUMMER WEEKS TYPICALLY BOOKED, this property offers a RARE OPPORTUNITY to enjoy GUARANTEED VACATION TIME and PASSIVE INCOME — without the stress of managing a rental. Spend your mornings sipping coffee with a view, your afternoons on the sand, and your evenings strolling to Dewey’s best restaurants, live music, and nightlife — all just steps away. And when you want to explore, hop on the Jolly Trolley for a quick ride into Rehoboth. This isn’t just oceanfront ownership — it’s the ultimate Delaware beach lifestyle combined with a smart investment opportunity. With its prime SOV location, sleeping capacity for five, flexible rental income, and professional management, this condo delivers the best of both worlds. All of this can be yours for the price of a car!
- Houzeo last checked: 12 hours ago
- Listing updated: October 22, 2026 at 8:17 pm
- Listing Provided by: Brian K Barrows (302) 227-6767 , JENNIFER BARROWS (302) 227-6767 | Monument Sotheby's International Realty (302) 227-6767
- Source: Bright MLS-NJ | MLS#: DESU2122792

Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
1955
HOA Fees
$435/mo
Finished Area
354 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
DESU2122792
MLS Status
ACTIVE-BRIGHT
Days on Market
1

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Location
HOA Management
Surf Club
HOA Fees
$435/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Laundry
Parking
Heating
Electricity
Trash Pickup
Insurance
Sewer
Snow Removal
Cable TV
Ext Bldg Maint
Pool
Reserve Funds
Management
Recreational Center
Recreation Facility
Common Area Maintenance
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Cooling
Ductless/mini Split
Heating
Wall Unit
Appliances
Cooktop, Microwave, Refrigerator
Interior Features
Ceiling Fan(s), Dining Area, Floor Plan Open, Kitchenette, Recessed Lighting
Sewer
Public Sewer
Exterior Features
Outside Shower
Window Features
Insulated
Flooring
Luxury Vinyl Plank
Construction
Year Built
Year Built: 1955
Home type
Condominium
Construction Materials
Frame, Stick Built
Foundation Details
Concrete Perimeter
Architectural Style
Unit/flat
Utilities & Energy
Water Source
Public
Security Features
Desk In Lobby
Association Amenities
Swimming Pool, Pool Outdoor, Laundry Facilities, Recreational Center, Reserved/assigned Parking
Parking Features
Assigned
Other Features
Subdivision Name
None Available
Price History
| Date | Event | Price |
|---|---|---|
10/22/2026 Source: | Listed for Sale | $65,000 $184/sqft |
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