$875,000
$875,000
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4,792 Sqft Lot
SOLD DATE : 05/12/2023
Key Details
Sold Price $875,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DESU2038766
Sold Date 05/12/23
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $476
Tax Year 2022
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 50.00 x 100.00
Property Description
Welcome to 110 Jersey Street located in the coveted community of Rehoboth by The Sea. This demoed, surveyed, and ready to be built on 50x100 lot has a brand new 60-year lease ready for its next lessee. Conveniently located and walking distance to everything Dewey and Rehoboth Beach have to offer. This open lot is a blank slate for your future dream home. Don’t miss this opportunity of a lifetime. The new 60 year lease is set at $5,875.00 per quarter.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
Schools
School District Cape Henlopen
Others
Tax ID 334-20.10-151.00
Ownership Leasehold
SqFt Source Assessor
Special Listing Condition Standard
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Bought with BETH BOZMAN • Patterson-Schwartz-Rehoboth
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "