24 W ATLANTIC STREET, Fenwick Island, DE 19944

$1,199,000 Asking Price

4 beds
2 baths
Built in 1972

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.

Features & Amenities

Interior

A/C:
Heat Pump(s)
Heating:
Y, Heat Pump - Electric BackUp, Electric
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Cottage

Construction

General:
Block,Other, 3, Block

Location

Originating MLS:
BRIGHT_MAIN
School District:
INDIAN RIVER
County:
SUSSEX

Lot

Zoning:
TN, 134-23.16-135.00
Waterfront:
50
Current Use:
999

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
EXP Realty, LLC, Hugh V Fuller

About Fenwick Island, DE

Housing

Number of Units
1,585
Median Home Value
$826,547
Median Rent
$560

8.69% of housing units are renter occupied.

80.98% are vacant.

Commute

Car
31.43%
Public Transportation
0.00%
Walk to Work
2.61%
Work from Home
65.95%
Other
0.00%

The median travel time to work is 9 minutes.

People

Population
563
Median Age
65.40
Median Household Size
2.36

Education

High School
17.31%
Associate’s Degree
4.98%
Bachelor’s Degree
25.77%
Graduate Degree
20.01%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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