About this home

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. 2027 rentals will transfer to buyer at closing.

Facts and features

Schools

• Lord Baltimore Elementary School

  elementary · K-5 · 2.6 mi

  8

• Indian River High School

  high · 9-12 · 9.5 mi

  6

• Selbyville Middle School

  middle · 6-8 · 9.6 mi

  7

• Clayton (John M.) Elementary School

  elementary · K-5 · 9.8 mi

  6

• Long Neck Elementary School

  elementary · K-5 · 9.8 mi

  5

• Southern Delaware School of the Arts

  elementary · K-8 · 10.4 mi

  8

Price history

• Sep 14, 2026 · Listed$575,000
• Apr 23, 2002 · Sold$220,000

Tax history

• 2026$1,151 tax · $270,550 assessed
• 2024$969 tax · $270,550 assessed
• 2023$968 tax · $23,450 assessed
• 2022$952 tax · $23,450 assessed
• 2021$924 tax · $23,450 assessed
• 2020$882 tax · $23,450 assessed
• 2019$878 tax · $23,450 assessed
• 2018$886 tax · $23,450 assessed

Home value

$575,163

• Quantarium$575,163
• Cotality$602,500
• Collateral Analytics$569,000

Where it is