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502 5Th Street Rehoboth Beach, DE $ 399,900
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$ 399,900 Get more info
502 5Th Street
$ 399,900
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502 5Th Street

Rehoboth Beach, DE, 19971
$ 399,900
Bedrooms3 Baths1.1 Sq 1,456

Monthly Estimate*

$ 2,462

502 5Th Street, Rehoboth Beach, DE 19971 - Image 1
502 5Th Street, Rehoboth Beach, DE 19971 - Image 2

Single Family Home for sale in Rehoboth Beach, DE

for $399,900 with 3 bedrooms and 1 full bath, 1 half bath. This 1,456 square foot home was built in 1980 on a lot size of 0.23.

Dont miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach. The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts . For investors or builders, the property presents additional possibilities. Subject to approvals, there is potential to re-establish the property line, remove the existing home, and construct two new homesan excellent redevelopment opportunity in an area experiencing continued growth . There is no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike.

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Single Family Coming Soon

Price

$ 399,900

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 757

Style

Ranch/Rambler

Lot Size

0.23

Year Built

1980

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2109908
Features
General
Living Area 1456
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Utilities Cable TV
Possession Settlement
Zoning GR
Architectural Style Ranch/Rambler
Construction Materials Modular/Manufactured
School District CAPE HENLOPEN
Year Built 1980
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility 32 + wide Doors
County SUSSEX
New Construction N
Property Type Residential
HOA N
Subdivision Name TRU VALE ACRES
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 7
Full Baths 1
Status COMING SOON
Directions From RT 1 turn onto Munchy Branch turn onto Midway Dr turn right onto 5th St. The home is on the right. Sign in Yard.
City REHOBOTH BEACH
Disclosures Lead Based Paint - State Radon
Senior Community Y/N N
MLS Area Baltimore Hundred (31001)
Lot Size Units Square Feet
Lot Size Square Feet 10019.00
Tax Annual Amount 757.0
Home Warranty Y/N N
Body Type Double Wide
Structure Type Manufactured
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 274.66
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Sussex DE Quadrants East of Rt 1
Standard Status Coming Soon
Year Built Source Estimated
Legal Subdivision Tru-Vale Acres
Tax Lot 86
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Interior
Heating Fuel Electric
Total Fireplaces 1
Hot Water 60+ Gallon Tank
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1456
Half Baths 1
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Room Type Dining Room Bedroom 2 Bedroom 3 Family Room Bedroom 1 Bathroom 1 Half Bath
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Laundry Type Hookup
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Outbuilding(s)
Pool No Pool
Water Source Well
Inclusions What is left in the home and shed.
Type of Parking Driveway
Foundation Details Crawl Space
Water View Y/N N
Lot Size Acres 0.23
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 126900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Keller Williams Realty

Broker

jeffrey@jeffreyfowler.com

Email

Affordability Calculator

$2,525
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$63
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2314408 Elementary School
2314409 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/17/2026$399,900 Listed Price

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502 5Th Street, Rehoboth Beach, DE, 19971 is a Single Family Home for sale at $399,900 with 1,456 sqft and a lot size of 0.23. 502 5Th Street has 3 bedrooms, 1.1 baths, and was built in 1980. The property's zip code is 19971 which is in Rehoboth Beach, DE

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