37519 Oyster House Rd

Rehoboth Beach, DE 19971 View Map $999,000 Schedule a Tour
Beds3
Baths2
Sq.Ft. Lot16,117
Year1960

Michael Brown

(302) 258-4368

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Status: Pending
Property Type:Detached
MLS #:DESU2025534
On Site:143 Days
Lot Size:16,117 Sq. Ft.
County:Sussex
$101,000 BELOW APPRAISED VALUE! Appraisal available upon request. PLAN TO BUILD UP TO 4 HOMES while keeping your cash flowing and fully renovated, original Rehoboth Beach Cottage with separate in law suite on almost HALF AN ACRE. New construction homes around the corner selling for 1.4 million each. Do not miss your chance to own an already cash flowing Investment, east of route one, walking distance to famed Rehoboth Beach and Boardwalk, outside of Rehoboth Beach city Limits. Current code will allow planning for 4 single family homes while you keep the cash flow of the renovated units. Air BNB is expected to realize $66,000 during the 2022 summer season alone. Off street parking for 8 plus and one lot from the Rehoboth Lewes Canal. A bike path about 40ft away has already been approved by the city to lead directly onto Rehoboth Ave. A new Development is being build right around the corner with homes ranging from 1-1.4million before finishes. What an amazing opportunity to own a cash flowing, Original Rehoboth Cottage with the ability to develop and the ease of dealing with Sussex county. Buyer is responsible to confirm all permitted land uses with the County. Seller is a licensed Delaware Realtor. Seller is the listing agent and owner.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
7/21/2022$1,349,000$1,200,000-11%
8/13/2022$1,200,000$1,169,000-2.6%
9/13/2022$1,169,000$999,000-14.5%

Community Information

Address:37519 Oyster House Rd Rehoboth Beach, DE 19971
Area:Lewes Rehoboth Hundred (31009)
County:Sussex
City:Rehoboth Beach
School System:CAPE HENLOPEN
Zip Code:19971

Architecture

Bedrooms: 3
Bathrooms: 2
Year Built:1960
Stories:1
Style:Coastal
Foundation: Crawl Space

Features / Amenities

Other Structures: Above Grade, Below Grade
Cooling: Central A/C
Heating: Forced Air

Property Features

Lot Size: 0.37 Acres / 16,117 Sq. Ft.
Lot Dimensions:75.00 x 219.00
View: Canal
Driveway - # of Spaces: 8
Water: Well
Sewer: Public Sewer
Zoning:C-1
Directions:From Rehoboth ave, Right onto Church Rd, Left onto Oyster House

Tax and Financial Info

Total Taxes: $250 (paid Annually)
School Tax: $226
Ownership: Fee Simple

Schools

WALKING AND TRANSPORTATION

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37519 Oyster House Rd Rehoboth Beach, DE 19971
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37519 Oyster House Rd Rehoboth Beach, DE 19971
 
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Listing Information Last Updated 12/3/2022
Listing provided courtesy of Exp Realty, LLC (888-543-4829).
Property Summary:
Home for sale at .

Description: The home at 37519 Oyster House Rd Rehoboth Beach, DE 19971 with the MLS Number DESU2025534 is currently listed at $999,000 and has been on the Rehoboth Beach market for 142 days.

GeoCoordinates:
-75.09412
38.71058

List Price: $999,000

You are viewing the MLS property details of the home for sale at 37519 Oyster House Rd Rehoboth Beach, DE 19971, which is located in the subdivision, includes 3 bedrooms and 2 bathrooms, and has approximately 0 sq.ft. of living area.