Investor alert in Angola by the Bay! This 2-bedroom, 1-bath, one-story home offers approximately 929 sq. ft. of living space on a 50' x 100' lot totaling approximately 0.11 acres. Built in 1985, this property offers tons of sweat equity potential and a rare opportunity to get your foot in the door in one of Lewes' most loved gated waterfront communities. Located just one block from the water and approximately two blocks from the community pool, this home is full of potential for the right buyer, investor, or someone looking to create their own coastal getaway within Angola by the Bay. The property is currently occupied by holdover tenants who are in the process of vacating/eviction. Interior showings are expected to become available soon; however, as-is offers may be submitted and will be reviewed prior to showings. Property may also be purchased with tenants in place. Tenant may require up to 60 days to vacate. Home is being sold AS IS, WHERE IS. Some photos may have been digitally modified to remove personal property. Enjoy the Angola by the Bay lifestyle with approximately eight miles of walking trails, a saltwater pool, private marina, boat ramp, fishing and crabbing piers, kayak launch, tennis courts, pickleball courts, basketball courts, bocce courts, community clubhouse, year-round events, and plenty of clubs and activities to join. Conveniently located near Lewes, Rehoboth Beach, shopping, dining, and area beaches.