About this home

OWNER FINANCING AVAILABLE. Seller is offering a 5% rate for a term of 20/30 years with 10% down. Fully transferable long term lease/purchase. Buyer's name will be added to deed upon final payment. Buyer would be responsible for 1/4 of the water and sewer bill. This coastal penthouse unit offers an exceptional investment opportunity in an oceanblock location, ideal for both rental income and long-term appreciation. The property features three well-bedrooms and a full bathroom, complemented by a combination kitchen and living area ceiling fans, and a convenient entry-level bedroom, ensuring comfort and accessibility. The unit is equipped with essential appliances, including a built-in range, refrigerator, washer, and dryer. One off-street assigned parking adds to the property's appeal. This property is positioned for a summer beach home or potential rental in a desirable coastal market. No HOA makes it an attractive option seeking a low-overhead property in a sought-after location. Age of home is unknown. Buyer's agent is responsible to verify square footage of unit. Property is being sold is!!!

Facts and features

Schools

• Lord Baltimore Elementary School

  elementary · K-5 · 2.5 mi

  8

• Indian River High School

  high · 9-12 · 9.5 mi

  6

• Selbyville Middle School

  middle · 6-8 · 9.8 mi

  7

• Long Neck Elementary School

  elementary · K-5 · 9.6 mi

  5

• Clayton (John M.) Elementary School

  elementary · K-5 · 9.8 mi

  6

• Southern Delaware School of the Arts

  elementary · K-8 · 10.6 mi

  8

Price history

• Nov 6, 2026 · Listed$1,399,000

Where it is