24 Houston Street Dewey Beach, DE $ 4,200,000
24 Houston Street
$ 4,200,000
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24 Houston Street

Dewey Beach, DE, 19971
$ 4,200,000
Baths0.0

Monthly Estimate*

$ 29,338

24 Houston Street, Dewey Beach, DE 19971 - Image 1
24 Houston Street, Dewey Beach, DE 19971 - Image 2
24 Houston Street, Dewey Beach, DE 19971 - Image 3
24 Houston Street, Dewey Beach, DE 19971 - Image 4
24 Houston Street, Dewey Beach, DE 19971 - Image 5
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24 Houston Street, Dewey Beach, DE 19971 - Image 7
24 Houston Street, Dewey Beach, DE 19971 - Image 8
24 Houston Street, Dewey Beach, DE 19971 - Image 9
24 Houston Street, Dewey Beach, DE 19971 - Image 10
24 Houston Street, Dewey Beach, DE 19971 - Image 11
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Studio

Commercial Property for sale in Dewey Beach, DE

for $4,200,000. This building was built in 1961 on a lot size of 0.34.

Become a part of Dewey Beach history! The Sea Esta Motel, located at the corner of Houston and King Charles Streets in Rehoboth-by-the-Sea, offers 30 guest rooms all with ensuite baths. This ocean-block motel was originally built in 1961 and has hosted a variety of actors, tourists, and beachgoers for over 60 years!Total lot size: 100x150 (equates to three residential lots; would require a zoning change to residential in the Town of Dewey Beach) * Total guest rooms: 30 * Total parking spaces available: 37 * Front check-in lobby * Rooftop deck potential * Views of the Atlantic Ocean * Walking distance to beach, restaurants, shopping and the Rehoboth Bay * Many options for subdivision possibilities

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Commercial Contingent

Price

$ 4,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,964

Style

Hotel/Motel

Lot Size

0.34

Year Built

1961

Town/City

Dewey Beach

County/Region

Sussex

MLS | Web ID

DESU2046814

Features
Interior
Heating Fuel None
Flooring Fully Carpeted Wood
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling Wall Unit
Utilities Electric Available Cable TV Available Phone Sewer Available Water Available
Possession Immediate
Roof Flat
Zoning TN
Construction Materials Wood Siding
Year Built 1961
View Ocean Water
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Hotel/Motel
Accessibility None
County SUSSEX
New Construction N
Property Type Commercial Sale
Possible Use Residential Hotel/Motel
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions From the north take Coastal Highway South; u-turn at Clayton Street. Slight right into the parking lot at corner of 24 Houston and King Charles. From the south take Coastal Highway North through De
City DEWEY BEACH
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 15000.00
Waterfront Y/N N
Street Name HOUSTON
Tax Annual Amount 3964.0
Property Condition Average
Acceptable Financing Cash USDA Variable
Historic Y/N N
Vacation Rental Y/N N
Virtual Tour https://bcove.video/3YSRLZu
Days on Market 90
Sussex DE Quadrants East of Rt 1
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision Rehoboth By The Sea
Tax Lot 15
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Lot Features Corner
Water Source Public
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N Y
Building Area Total 0.00
Lot Dimensions 100.00 x 150.00
Lot Size Acres 0.34
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 33750.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 24
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* Excluded Features
List By
Monument Sotheby's International Realty

Broker

justin.healy@oasir.net

Email

Affordability Calculator

$29,669
Per Month
99%
1%
0%
Monthly Principal & Interest
$29,338
Monthly Property Taxes
$330
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2023$4,200,000 Listed Price

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24 Houston Street, Dewey Beach, DE, 19971 is a Commercial Property for sale at $4,200,000 with a lot size of 0.34. 24 Houston Street is a studio with 0.0 baths and was built in 1961. The property's zip code is 19971 which is in Dewey Beach, DE