37519 Oyster House Rd

Rehoboth Beach, DE 19971







0.37 acres

lot size

$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.

General Details

List Price$999,000.00
Address37519 Oyster House Rd
Rehoboth Beach DE 19971
MLS NumberDESU2025534
Lot Size (Acres)0.37
Lot Size (Sq. Ft.)16117.00
Structure TypeDetached
New ConstructionNo
Year Built1960
Tax ID334-19.08-24.00
Ownership InterestFee Simple
AgentMichael Jeremy Finkle
BrokerageExp Realty, Llc


In City LimitsNo
MLS AreaLewes Rehoboth Hundred (31009)
Legal SubdivisionCanal Landing
School DistrictCAPE HENLOPEN

Water Access



Senior CommunityNo

Utilites Information

Water SourceWell
Sewer/SepticPublic Sewer
Central AirYes
Cooling TypeCentral A/C
Cooling FuelElectric
Heating FuelElectric
Hot WaterInstant Hot Water,Electric

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Offered by

Exp Realty, Llc

Courtesy of: Exp Realty, Llc

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Date last updated: 12/03/2022 09:52:16 AM