502 5Th Street Rehoboth Beach, DE $ 389,900
502 5Th Street
$ 389,900
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502 5Th Street

Rehoboth Beach, DE, 19971
$ 389,900
Baths0.0

Monthly Estimate*

$ 2,462

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Studio

Lots and Land for sale in Rehoboth Beach, DE

for $389,900. The lot size is 0.23.

Dont 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 homesan 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.

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Lots and Land Active

Price

$ 389,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 757

Style

Residential

Lot Size

0.23

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2116402

Features
General
Sewer Public Sewer
Utilities Cable TV
Possession Settlement
Zoning GR
School District CAPE HENLOPEN
Property Subtype Land
Tax Year 2025
Current Use Residential
Ownership Fee Simple
County SUSSEX
Property Type Land
HOA N
Subdivision Name TRU VALE ACRES
Water Access Y/N N
Status ACTIVE
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
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 10019.00
Tax Annual Amount 757.0
Condo/Coop Association fee Y/N N
Price Per Sq Ft Total AG 38.92
Acceptable Financing Cash Conventional
Additional Parcels Y/N N
Vacation Rental Y/N N
Sussex DE Quadrants East of Rt 1
Standard Status Active
Legal Subdivision Tru-Vale Acres
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Exterior
Lot Features Level
Water Source Public Well
Inclusions What is left in the home and shed.
Water View Y/N N
Lot Size Acres 0.23
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility City/County
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

csakowski24@gmail.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 6.49% 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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$389,900 Listed Price

Map


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502 5Th Street, Rehoboth Beach, DE, 19971 is a Lots and Land for sale at $389,900 with a lot size of 0.23. 502 5Th Street is a studio with 0.0 baths. The property's zip code is 19971 which is in Rehoboth Beach, DE