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sales rep | Brivity IDX

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330 Rehoboth Ave , Rehoboth Beach, DE 19971
$6,995,000
Est. Payment: $38,254.33/mo
0.73 Acres
Status: active | Days on site: 144
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House 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.

Highlights

Listed by Lee Ann Wilkinson , 3026456664 and Andrew Ratner , 3027459659 Berkshire Hathaway HomeServices PenFed Realty , 3026456661. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.73

Year Built

1950

County

Sussex

Area

Lewes Rehoboth Hundred (31009)

Neighborhood

None Available

School District

Cape Henlopen

Listing ID

DESU2113796

Questions about this listing?

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Interior Features

Air Cond:Central A/C
Fireplaces:
Floor:Carpet,Concrete
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:C1
Roof:Shingle
Others:
  • ▪ Additional:Major Rehab Needed
Sewer:Public Sewer
Parking Features:Paved Parking,Parking Lot
Principal Interest
$38,254
Taxes
$349

Home Price

$6,995,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$1,399,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$38,254.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $38,254.33 $348.50 $0.00 $38,602.83
Yearly $459,051.90 $4,182.00 $0.00 $463,233.90
Total $13,771,557.01 $125,460.00 $0.00 $13,897,017.01
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Rehoboth Beach, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS