LOCATION, LOCATION, LOCATION! Welcome to Patrician Towers in Rehoboth Beach, DE, where coastal charm meets an unbeatable ocean-block location that truly sets it apart. Just a short distance from the beach and boardwalk, this fully furnished corner unit offers an unparalleled beachside experience. Featuring two balconies and three sets of sliding glass doors, this bright and inviting condo seamlessly blends indoor and outdoor living, perfect for enjoying the coastal breeze and morning coffee. The light-filled living and dining area creates a warm and welcoming space for your dream retreat. Patrician Towers boasts a rooftop pool and sun deck with breathtaking panoramic views of the beach and boardwalk, offering the ultimate escape to relax and unwind. The front courtyard’s tranquil koi pond with seating adds another serene retreat. Additional amenities include covered off-street garage parking, an elevator, on-site management, a laundry room, and outdoor facilities like sand showers and restrooms—all designed for your convenience. With Rehoboth’s renowned restaurants, boutique shops, arcades, and scenic walking and biking trails just minutes away, this condo truly places you at the heart of everything extraordinary. Rental income for 2024 around $17,850 and 2023 rental income around $13,500.
For sale
Price cut: $49.1K (7/3)
$549,900
8 Olive Ave APT 205, Rehoboth Beach, DE 19971
1beds
--sqft
Est.:
Condominium
Built in 1970
-- sqft lot
$550,500 Zestimate®
$--/sqft
$533/mo HOA
What's special
Tranquil koi pondBreathtaking panoramic viewsCorner unitTwo balconiesBright and inviting condoOcean-block locationSliding glass doors
- 242 days
- on Zillow |
- 2,098 |
- 30 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 04:15am
Listed by:
Sharon Daugherty 410-430-4004,
Keller Williams Realty Delmarva 4105246400
Source: Bright MLS,MLS#: DESU2075476

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Oven/Range - Electric, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Combination Dining/Living
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Off Street
Accessibility
- Accessibility features: Other
Features
- Levels: One
- Stories: 1
- Exterior features: Outdoor Shower, Sidewalks, Balcony
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33414.1431.00205
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: North Rehoboth
HOA
- Has HOA: No
- Amenities included: Elevator(s), Pool
- Services included: Custodial Services Maintenance, Maintenance Structure, Insurance, Management, Pest Control, Reserve Funds, Water
- HOA name: Patrician Towers Owners Inc.
- Condo and coop fee: $6,390 annually
Location
- Region: Rehoboth Beach
Financial & listing details
- Tax assessed value: $11,500
- Annual tax amount: $788
- Date on market: 12/11/2024
- Listing agreement: Exclusive Right To Sell
- Inclusions: Property Sold As Seen.
- Exclusions: None
- Ownership: Condominium
- Total actual rent: 17850
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