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502 5th Street

Rehoboth Beach DE 19971

10019 sq. ft.
Land
Currently for sale - view listing

Overview

Don’t 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 homes—an 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.

Features

10019 sq. ft. lot size
Land

Happy sellers in Rehoboth Beach

80%
80% of sellers in Rehoboth Beach reported that their sale price either exceeded or met their price expectations.

Rehoboth Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Rehoboth Beach over the last 12 months.

Local market activity for land plots in Rehoboth Beach

In the last 12 months, 14 land plots similar to 502 5th Street, have been sold.

This represents a 48% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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