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Ocean-View Residential Income Property
For Sale
$1,174,000

PH03 FARRAGUT HOUSE ROAD #PH03, Bethany Beach, DE 19930

BETHANY BEACH, DE

Property SizeContact for details
Days on Market124

Property Features for PH03 FARRAGUT HOUSE ROAD #PH03

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 2
Subdivision SEA COLONY EAST
Elementary school district INDIAN RIVER
Middle school district INDIAN RIVER
High school district INDIAN RIVER
Standard status Active

Building Details

Year built 1977
Listing Agency: Bethany
Listed By: Anna G Meiklejohn
Added: Apr 20 Changed: Aug 21 Last Checked: Aug 21 at 5:06PM
MLS# DESU2110174

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4-bedroom, 2-bath penthouse in the Farragut building at Sea Colony Beach and Tennis Community overlooks the outdoor pool and has direct ocean views. The residence was refreshed with refinished kitchen cabinetry, quartz countertops, a new backsplash, updated appliances, a new sink and faucet, and new luxury vinyl plank flooring. Additional improvements include a new washer and dryer, remodeled bathrooms, updated HVAC, a new hot water heater, custom window treatments, and refreshed loft stair finishes.

Community amenities include indoor and outdoor pools, an exercise room, sauna, and hot tub. The property is within walking distance of downtown Bethany Beach, local shops, and restaurants. Built in 1977, the residence is being sold in fee, with no annual ground rent.

Key Highlights

  • 4‑bedroom, 2‑bath penthouse in Sea Colony Beach and Tennis Community
  • Direct ocean views with an outlook over the outdoor pool
  • Updated kitchen with quartz countertops, backsplash, appliances, sink, and faucet

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store HVAC Service Nail Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 19930, DE

2,657
Population
8,884
Households
0.3
Avg Household Size
66
Median Age
72%
College-Educated
99%
High-School Grad
5.9 sq mi
ZIP Area
450
Density / Sq Mi
$118,092
Median Household Income
$59,044
Median Earnings
$1,542
Median Rent
$798,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated beach community residence with access to pools, fitness amenities, and nearby dining and shops.
Where is this residential income property located?
The property is located at PH03 FARRAGUT HOUSE ROAD #PH03 Bethany Beach, DE.
What is the asking price?
The asking price for this property is $1,174,000.
What are key features of this property?
This property features: 4‑bedroom, 2‑bath penthouse in Sea Colony Beach and Tennis Community; Direct ocean views with an outlook over the outdoor pool; Updated kitchen with quartz countertops, backsplash, appliances, sink, and faucet
More about this property
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