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Condo for sale at 1 Read Ave #116D, Dewey Beach, DE 19971 | MLS# DESU2122792 | Listing updated on 2026-10-22
Photo 1 of Condo for sale at 1 Read Ave #116D, Dewey Beach, DE 19971 | MLS# DESU2122792 | Listing updated on 2026-10-22
Photo 2 of Condo for sale at 1 Read Ave #116D, Dewey Beach, DE 19971 | MLS# DESU2122792 | Listing updated on 2026-10-22
Photo 3 of Condo for sale at 1 Read Ave #116D, Dewey Beach, DE 19971 | MLS# DESU2122792 | Listing updated on 2026-10-22
Photo 4 of Condo for sale at 1 Read Ave #116D, Dewey Beach, DE 19971 | MLS# DESU2122792 | Listing updated on 2026-10-22
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$65,000

Monthly Est:$324

  • Beds Icon1 Bed
  • Beds Icon
    1 Bath
  • Beds Icon354sqft

1 Read Ave #116D, Dewey Beach, DE 19971

$324/moEst:

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  • 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 SLEEP
ING 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 Bright MLS-NJ

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Sussex De County

  • City

    Dewey Beach

  • 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 Laundry

Parking Parking

Heating Heating

Electricity Electricity

Trash Pickup Trash Pickup

Insurance Insurance

Sewer Sewer

Snow Removal Snow Removal

Cable TV Cable TV

Ext Bldg Maint Ext Bldg Maint

Pool Pool

Reserve Funds Reserve Funds

Management Management

Recreational Center Recreational Center

Recreation Facility Recreation Facility

Common Area Maintenance 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

DateEventPrice

10/22/2026

Source: mls_logoBright MLS-NJ #DESU2122792

Listed for Sale

$65,000

$184/sqft

Nearby Homes

Based on information from Bright MLS through Oct 23, 2026, 08:45PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

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