502 5TH ST, Rehoboth Beach, DE 19971
502 5TH ST, Rehoboth Beach, DE 19971
502 5TH ST, Rehoboth Beach, DE 19971
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Listed by Cindy Sakowski • Keller Williams Realty
$389,900
Est. payment /mo
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10,019 Sqft Lot
New

502 5TH ST Rehoboth Beach, DE 19971

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Tru Vale Acres

MLS Listing ID DESU2116402

HOA Y/N N

Annual Tax Amount $757

Tax Year 2025

Lot Size 10,019 Sqft

Acres 0.23

Property Sub-Type Land

Source BRIGHT

Property Description

Don't miss this opportunity to own property east of Route 1 in Rehoboth Beach!h🌿. For investors or builders, the property presents additional possibilities. There is potential to re-establish the property line, remove the existing home, and construct two new homes—an excellent redevelopment opportunity in an area experiencing continued growth 📈. There is a home presently situated on both lots. It could be turned to open the second lot or removed. There is no HOA, and the property is zoned to allow manufactured homes, modular, and stick-built. Several newly constructed homes in the community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS. Public water and sewer are there. The one lot has a well.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning GR

Interior

Inclusions What is left in the home and shed.

Exterior

Utilities Available Cable TV

Water Access N

Road Frontage City/County

Garage N

Building

Lot Description Level

Sewer Public Sewer

Water Public, Well

Schools

School District Cape Henlopen

Others

Tax ID 334-13.00-76.00

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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