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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
Days on Market: 4
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

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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.

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Additional Information

Area: Baltimore Hundred (31001)
Subdivision: Sea Colony East
Building Name: Sea Colony Annapolis
HOA Fee: $2,320
School District: Indian River
Garage Spaces: 1
View: Ocean
Heating: Forced Air
Cooling: Central Air
Utilities: Cable Available, Phone Available
Water: Public, Private Well
Sewer: Public Septic