502 5TH St, Rehoboth Beach, DE 19971

Beds
3
Baths
2
Sqft
1,456

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty
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Overview

Don’t miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach. The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts 🚴‍♀️🌿. For investors or builders, the property presents additional possibilities. Subject to approvals, 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 no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding 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.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
1
Number of bedrooms
3
Number of bathrooms
2
Square feet
1,456
Lot size (acres)
0.23
Year built
1980

Interior features

Fireplaces
1

Utilities

Heating
Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water, Well

Taxes

Tax Annual Amount (2025)
$757

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: DESU2109908 Last checked:

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