20968 Coastal Highway Rehoboth Beach, DE ^$ 1,450,000

20968 Coastal Highway

^$ 1,450,000

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20968 Coastal Highway

Rehoboth Beach, DE, 19971

^$ 1,450,000

Studio Baths0.0

Monthly Estimate*

^$ 9,637

20968 Coastal Highway, Rehoboth Beach, DE 19971 - Image 1

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20968 Coastal Highway, Rehoboth Beach, DE 19971 - Image 3

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20968 Coastal Highway, Rehoboth Beach, DE 19971 - Image 10

Studio

Lots and Land for sale in Rehoboth Beach, DE

for $1,450,000. The lot size is 0.23.

Commercial / Residential double lot measuring 100 x 100 zoned C-1. Many opportunities available with incredible visibility situated perfectly on Coastal Highway just north of Dewey Beach. Take advantage of southbound, slowing traffic to attract customers to your retail space, service business or office space. Sussex County recently approved site plans for a 5000 sq office w/ 19 parking spaces. Or totally change gears and build townhouses or sub-divide into 2 separate building lots for detached residential beach homes. There is an option to Increase the potential as well by purchasing the 50 x 100 property listed for sale adjacent to this property. This double lot offers close proximity to Dewey Beach restaurants and bars w/ plenty of live music! Easy access to The Rehoboth Bay for paddle boarding or head to the beach for a relaxing day in the sun! Rehoboth Beach is a quick Jolly Trolly or scooter ride away.

Lots and Land Active

Price

^$ 1,450,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant

Lot Size

0.23

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2061920

Features

General

Sewer Public Sewer

Possession Settlement

Zoning C1

Property SubType Land

Current Use Vacant

Percent Ownership Fee Simple

County SUSSEX

Property Type Land

HOA / Comm Assn N

Subdivision Name ANN ACRES

Possible Use Commercial Mixed Use Residential

Water Access Y/N N

Status ACTIVE

Directions South on Rt 1 / Coastal Hwy. Property on right before Dewey Beach. Sign on property

City REHOBOTH BEACH

Buyer Agent Compensation 2.5

Disclosures Agent has Financial Interest

MLS Area Lewes Rehoboth Hundred (31009)

Lot Size Square Feet 10018.80

Waterfront Y/N N

Street Name COASTAL

Price Per Sq Ft 144.73

Acceptable Financing Cash Conventional

Additional Parcels Y/N N

Lease Considered Y/N N

Vacation Rental Y/N N

Days on Market 1

Sussex DE Quadrants Between Rt 1 & 113

Standard Status Active

Legal Subdivision ANN ACRES

Buyer Agent Compensation Type % Of Gross

Exterior

Fencing Vinyl Privacy

Water Source Public

Inclusions New 7' Vinyl Privacy Fence

Water View Y/N N

Lot Dimensions 100.00 x 100.00

Lot Size Acres 0.23

Lot Size Units Square Feet

Lot Size Source Estimated

Navigable Water Y/N N

Water Oriented Y/N N

Interior

Street Suffix HIGHWAY

Internal Only

Street Number 1 20968

* Excluded Features

List By

Jack Lingo - Rehoboth

Broker

jeanmarie@jacklingo.com

Affordability Calculator

$9,637

Per Month

Monthly Principal & Interest: $9,637
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% 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 ^$1,219,986

Percent of Sale Price 16%

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
5/7/2024	$1,450,000		Listed Price

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20968 Coastal Highway, Rehoboth Beach, DE, 19971 is a Lots and Land for sale at $1,450,000 with a lot size of 0.23. 20968 Coastal Highway 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 6.99% 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.

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20968 Coastal Highway

Lots and Land for sale in Rehoboth Beach, DE

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