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20968 Coastal Highway, Rehoboth Beach, DE 19971
$1,450,000
20968 Coastal Highway, Rehoboth Beach, DE 19971View this property at 20968 Coastal Highway, Rehoboth Beach, DE 19971
20968 Coastal HighwayRehoboth BeachDE19971
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Property Description
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 build 2 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.
Full Property Details
Full Property Details for 20968 Coastal Hwy
General
- Price: $1,450,000
- Status: Active
- Type: Retail
- MLS ID: DESU2061922
- Updated: 5/7/2024
- Added to Site: 12 day(s) ago
Business
- Business Type: Auto Related, Bed and Breakfast, Car Wash/Truck Wash
Parking
- Parking Type: Other
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Development Name: Ann Acres
- Subdivision: Ann Acres
- Cross Streets: Ann Ave.
- Driving Directions: Travel south on Coastal Hwy towards Dewey Beach. Property is on the right
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Stories/Levels: 0
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size Source: Estimated
- Lot Dimensions: 100.00 x 100.00
- Lot Features: Cleared
- Zoning: C1
- Lot Description: Cleared
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: 7" vinyl fence
Listed by Jack Lingo - Rehoboth, JEANMARIE CLAVIER
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Schools
Schools serving 20968 Coastal Hwy
School District:Cape Henlopen School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 Stockley St, Rehoboth Bch, DE 19971 | PK-5 | 0.7 mi | |
16391 Harbeson Rd, Milton, DE 19968 | 5-8 | 13.3 mi | |
1250 Kings Hwy, Lewes, DE 19958 | 9-12 | 5.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20968 Coastal Hwy
Date
Details
Price
Change
Source
5/07/2024
Listed
$1,450,000
46.84%
MLS
5/05/2022
Sold
$987,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20968 Coastal Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,865
3%
$31,400
—
2022
$1,811
-32%
$31,400
—
2021
$2,648
—
$31,400
—
2020
$2,640
3%
$31,400
—
2019
$2,563
86%
$31,400
—
2018
$1,379
4%
$31,400
—
2017
$1,320
-1%
$31,400
—
2016
$1,335
4%
$31,400
—
2015
$1,279
1%
$31,400
—
2014
$1,271
3%
$31,400
—
2013
$1,237
—
$31,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20968 Coastal Hwy
20968 Coastal Highway, Rehoboth Beach, DE 19971 (MLS# DESU2061922) is a Retail property. 20968 Coastal Highway is currently listed for $1,450,000 and was received on May 07, 2024. Want to learn more about 20968 Coastal Highway? Do you have questions about finding other Retail real estate for sale in Rehoboth Beach? You can browse all Rehoboth Beach real estate or contact a Coldwell Banker agent to request more information.