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Jared Schwartz

jared.schwartz@penfedrealty.com +1(301) 906-5301

Listed by Lee Ann Wilkinson • Berkshire Hathaway HomeServices PenFed Realty

$ 7,995,000

Est. payment | -/mo

0.73 Acres Lot

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$ 7,995,000

Est. payment | -/mo

Save

0.73 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID DESU2112272

HOA Y/N N

Annual Tax Amount $4,182

Tax Year 2025

Lot Size 0.730 Acres

Acres 0.73

Property Sub-Type Other

Source BRIGHT

Property Description

REHOBOTH AVENUE MEETS POSSIBILITY. A rare opportunity to acquire one of downtown Rehoboth Beach's most prominent redevelopment sites. Positioned at the highly visible corner of Rehoboth Avenue and State Road, just four blocks from the iconic Rehoboth Beach Boardwalk, this nearly three-quarter-acre parcel sits at the center of one of the East Coast's most desirable coastal destinations.The primary parcel consists of 0.53 acres of C-1 Commercial-zoned land with substantial frontage along Rehoboth Avenue, offering exceptional visibility and accessibility. A secondary 0.20-acre parcel zoned R-1 Residential provides valuable off-street parking, enhancing the development potential of the site. Whether your vision is a boutique hotel, destination restaurant, mixed-use development, retail center or an entirely unique concept, this property offers the scale, location, and flexibility to bring it to life. For purchasers seeking an even larger footprint, two adjacent residential lots, each slightly larger than 50' x 100' are available separately ($1.250M each) creating additional possibilities for expansion and future development. All existing improvements convey in as-is condition. Renovation, repurposing, or removal of the existing structures shall be the responsibility of the purchaser. Opportunities of this size and prominence in downtown Rehoboth Beach are exceptionally rare.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Exterior

Water Access N

Street Surface Paved

Road Frontage City/County

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District Cape Henlopen

Others

Tax ID 334-14.17-139.00

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Nearby Locations

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Jared Schwartz

REALTOR® | Lic# 5012305

jared.schwartz@penfedrealty.com

+1(301) 906-5301

1997 Annapolis Exchange Pkwy 101, Annapolis, MD, 21401, USA

330 REHOBOTH AVE Rehoboth Beach, DE 19971

Jared Schwartz

Key Details

Location

Exterior

Building

Schools

Others

330 REHOBOTH AVE