119 Federal Street
Milton, DE, 19968 $ 499,000
Bedrooms-- Baths-- Sq 3,000 Monthly Estimate*
$ 3,151
for $499,000. This 3,000 square foot building was built in 1900 on a lot size of 0.23.
Welcome to 119 Federal St in the heart of Milton, Delaware. This spacious 4-bedroom home offers approximately 3,437 square feet of living space on a generous lot, blending small-town charm with room to grow. Inside, the home provides a flexible layout with multiple living areas, abundant natural light, and the opportunity to customize each space to fit your lifestyle. The unfinished basement adds valuable storage and future potential, while the sizeable yard offers space for outdoor living, gardening, entertaining, or expansion. The zoning allows property owners to operate light commercial or business operations on the main ground level while maintaining a residential living space upstairs. Located along historic Federal Street, this property places you close to the best of Milton, including local dining, shops, parks, the Milton Theatre, and nearby access to coastal Delaware attractions. Enjoy the character of an established in-town setting with convenient access to Route 1, Lewes, Rehoboth Beach, and Broadkill Beach. Whether you are looking for a primary residence, coastal retreat, or investment opportunity, 119 Federal St offers space, location, and potential in one of Sussex Countys most beloved towns. This property may be eligible for two key historic preservation incentives. The Historic Preservation Tax Credit Program provides state income tax credits of up to 30% for rehabilitating certified historic properties, while the Delaware Preservation Fund offers small grants for physical restoration or planning projects at historic properties. This property is also listed as a residential property under listing number: DESU2115428. Schedule your showing today and explore the possibilities.
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FeaturesInteriorHeating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Forced Air
Cooling None
Possession 0-30 Days CD Immediate Settlement
Roof Pitched
Zoning TOWN CENTER
Construction Materials Frame
Year Built 1900
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Other
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Commercial Mixed Use
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City MILTON
MLS Area Broadkill Hundred (31003)
Lot Size Units Square Feet
Lot Size Square Feet 10019.00
Tax Annual Amount 980.0
Price Per Sq Ft Total AG 166.33
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Estimated
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ExteriorWater Source Public
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Building Area Total 3000.00
Lot Size Acres 0.23
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 110900.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bychriscohan@remax.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,151
- Monthly Property Taxes
- $82
- 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.
Learn more about how to save NearbyCommerical listings in Milton, DE
Average List Price $1,571,200
Percent of Sale Price 215%
About Milton, DE 3,228 Population
83% Since 2002
$ 51,388 Median Income
41.79 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/23/2026 | $499,000 | -1.19% | Price Down |
| 8/21/2026 | $505,000 | -13.95% | Price Down |
| 7/27/2026 | $586,900 | | Listed Price |