413 - 417 REHOBOTH AVENUE REHOBOTH AVE Rehoboth Beach, DE 19971 -- MLS# DESU2026992 Real Estate

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413 - 417 REHOBOTH AVENUE REHOBOTH AVE

Rehoboth Beach, DE 19971

SOLD

$2,800,000

Sold

0.34

Acres

1930

Yr. Built

MLS# DESU2026992

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Property Details

Rare opportunity to own in downtown Rehoboth Beach 3 PRIME 50’ X 100’ consecutive lots zoned commercial on Rehoboth Avenue. Three cleared parcels totaling + / - 15,000 SF. Great potential for commercial, residential or mixed-use development.

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Property Highlights

Status

Sold

Price

$ 2,995,000

Property Type

Commercial Sale

Acres

0.34

Year Built

1930

Location

Subdivision

North Rehoboth

Lot Description

Cleared, Road Frontage

County

SUSSEX

Water View

No

Water Front

No

Heating, Cooling & Utilities

Heating

None

Cooling

None

Heating Fuel

None

Navigable Water

No

Sewer/Septic

Public Sewer, Public Hook/Up Avail

Features

Location Type

Downtown

Handicap

None

Building Details

New Construction

No

Exterior Construction

Other

Taxes & Terms

Ownership Interest

Fee Simple

Taxes

$3,818

Financing

Cash

Ownership Interest

Fee Simple

Potential Short Sale

Standard

Listed by Dave Mccarthy & Associates, Inc.. Listing Data last updated 21st September, 2023 11:00 MST

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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 21-Sep-2023 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2023 Buying Buddy. All calculations should be independantly verified. See assumptions and disclosures

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• Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
• This is not a credit decision or a commitment to lend.
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• If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
• APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
• Your monthly payment is not based on APR, but instead on the interest rate on your Note.
• Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
• These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
• Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
• Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. This Payment Calculator tool is Copyright © 2023 Buying Buddy. All calculations should be independantly verified.
• Please contact a loan specialist to get specific payment examples and information regarding your particular needs.

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Property History

349 days ago

Property Listed

315 days ago

Date Sold

161 days ago

Property info last updated

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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information on this site was last updated 21st September, 2023 11:00 MST. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of BRIGHT MLS. Real estate listings held by brokerage firms other than Tansey-warner Realty, may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing Data last updated: 21st September, 2023 11:00 MST

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413 - 417 REHOBOTH AVENUE REHOBOTH AVE - MLS#DESU2026992 - $2,995,000

Sold by Dave Mccarthy & Associates, Inc., David Mccarthy

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