Route 1 & Old Bay Road Rehoboth Beach, DE ^$ 1,100,000

Route 1 & Old Bay Road

^$ 1,100,000

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Route 1 & Old Bay Road

Rehoboth Beach, DE, 19971

^$ 1,100,000

Studio Baths0.0

Monthly Estimate*

^$ 6,863

Route 1 & Old Bay Road, Rehoboth Beach, DE 19971 - Image 1

Studio

Lots and Land for sale in Rehoboth Beach, DE

for $1,100,000. The lot size is 0.86.

Commercial vacant land now available on Coastal Highway! Located near Poynters Addition, between Rehoboth and Dewey Beach. This prime location offers endless possibilities.

Lots and Land Contingent

Price

^$ 1,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,815

Style

Vacant

Lot Size

0.86

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU183522

Features

General

Sewer Public Hook/Up Avail

Possession Settlement

Zoning C-1

School District CAPE HENLOPEN

Property Subtype Land

Tax Year 2021

Current Use Vacant

Ownership Fee Simple

County SUSSEX

Property Type Land

HOA N

Possible Use Apartment Building Commercial Food & Beverage Office Other

Water Access Y/N N

Status ACTIVE UNDER CONTRACT

Directions Coastal Hwy South before entering Dewey Beach.

City REHOBOTH BEACH

MLS Area Lewes Rehoboth Hundred (31009)

Lot Size Units Square Feet

Lot Size Square Feet 37462.00

Tax Annual Amount 1815.0

Clean Green Assessed Y/N N

Price Per Sq Ft Total AG 29.36

Additional Parcels Y/N N

Vacation Rental Y/N N

Sussex DE Quadrants Between Rt 1 & 113

Standard Status Active Under Contract

Legal Subdivision Poynters Addition

Exterior

Lot Features Cleared Corner

Water Source Public Hook-up Available

Water View Y/N N

Lot Dimensions 382.00 x 99.00

Lot Size Acres 0.86

Lot Size Source Assessor

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

* Excluded Features

List By

Jack Lingo - Lewes

Broker

carrie@jacklingo.com

Affordability Calculator

$7,014

Per Month

Monthly Principal & Interest: $6,863
Monthly Property Taxes: $151
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Lots and land listings in Rehoboth Beach, DE

Average List Price ^$1,446,750

Percent of Sale Price 32%

About Rehoboth Beach, DE

1,574 Population

6% Since 2002

^$100,563 Median Income

62.99 Median Age

2% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2314408 Elementary School

2314409 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/3/2024	$1,100,000	-13.18%	Price Down
2/6/2023	$1,267,000		Listed Price

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Route 1 & Old Bay Road, Rehoboth Beach, DE, 19971 is a Lots and Land for sale at $1,100,000 with a lot size of 0.86. Route 1 & Old Bay Road is a studio with 0.0 baths. The property's zip code is 19971 which is in Rehoboth Beach, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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Route 1 & Old Bay Road

Lots and Land for sale in Rehoboth Beach, DE

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