251 Rehoboth Ave, Rehoboth Beach, DE 19971 | For Sale

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  • 251 Rehoboth Ave

251 Rehoboth Ave

Rehoboth Beach, DE, 19971

For Sale $5,990,000

$5,990,000
  • ☆☆☆☆☆★★★★★
    Not Rated
  • (0)
  • 0 Units
  • Unknown Sq Ft
  • 19,148 Sq Ft
  • Unknown Cap Rate

Description

Incredible opportunity to own in a prime location in downtown Rehoboth Beach, one of the East Coast's most popular beach destinations. High-visibility site at the intersection of Rehoboth Ave and Lake Ave, a short distance from the beach. Both parcels are zoned C-1 and combined offer approximately 250 ft of frontage on Rehoboth Avenue and 260 ft on Lake Avenue. C-1 zoning allows for a wide range of commercial and residential uses. Currently there are two restaurant sites (one operational and leased), on-site parking, and a kiosk which is also leased. Details on building size, lot size, and construction year are estimated. This property offers zoning flexibility and existing rental income, making it an appealing option for developers or investors looking to maximize returns in a beachside market.

  • 251 Rehoboth Ave
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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $5,990,000
Property Type Other
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1955
Last Sold Unknown
Sold Price Unknown
APN # 33414.1783.00
MLS # DESU2075478
Property ID 321105470
Lot Sqft 19,148
Zoning TN
Days on Market 105
Original List Price Unknown
Date Updated December 20, 2024
Date Created December 08, 2024

Financials

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Whitney Jarvis an agent of . Lic #RS-0023034


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Data last updated: March 23, 2025.

Mortgage Center

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Your payment
$42,050
per month
CanvasJS.com
Estimated payment $42,050 /mo
Loan amount $5,990,000
Down payment $0
Interest rate 7.5%
Loan term 30 years
Taxes & insurance included? YES
Property tax 1.2%/YR
Homeowner's insurance $67/mo
HOA dues $0/mo

Payment Breakdown

CanvasJS.com
Your payment
$42,050
per month

Amortization

CanvasJS.com

Principal vs. interest

CanvasJS.com

Amortization Schedule

Over 360 months you will spend $9,087,811 in interest.
MONTH PRINCIPAL & INTEREST PRINCIPAL INTEREST PRINCIPAL REMAINING
1 $41,883 $4,446 $37,438 $5,985,555
2 $41,883 $4,473 $37,410 $5,981,081
3 $41,883 $4,501 $37,382 $5,976,580
4 $41,883 $4,529 $37,354 $5,972,051
5 $41,883 $4,558 $37,325 $5,967,493
6 $41,883 $4,586 $37,297 $5,962,907
7 $41,883 $4,615 $37,268 $5,958,292
8 $41,883 $4,644 $37,239 $5,953,648
9 $41,883 $4,673 $37,210 $5,948,976
10 $41,883 $4,702 $37,181 $5,944,274
11 $41,883 $4,731 $37,152 $5,939,542
12 $41,883 $4,761 $37,122 $5,934,781
13 $41,883 $4,791 $37,092 $5,929,991
14 $41,883 $4,821 $37,062 $5,925,170
15 $41,883 $4,851 $37,032 $5,920,320
16 $41,883 $4,881 $37,002 $5,915,439
17 $41,883 $4,912 $36,971 $5,910,527
18 $41,883 $4,942 $36,941 $5,905,585
19 $41,883 $4,973 $36,910 $5,900,612
20 $41,883 $5,004 $36,879 $5,895,608
21 $41,883 $5,035 $36,848 $5,890,572
22 $41,883 $5,067 $36,816 $5,885,505
23 $41,883 $5,099 $36,784 $5,880,407
24 $41,883 $5,130 $36,753 $5,875,276
25 $41,883 $5,163 $36,720 $5,870,114
26 $41,883 $5,195 $36,688 $5,864,919
27 $41,883 $5,227 $36,656 $5,859,692
28 $41,883 $5,260 $36,623 $5,854,432
29 $41,883 $5,293 $36,590 $5,849,139
30 $41,883 $5,326 $36,557 $5,843,813
31 $41,883 $5,359 $36,524 $5,838,454
32 $41,883 $5,393 $36,490 $5,833,061
33 $41,883 $5,426 $36,457 $5,827,635
34 $41,883 $5,460 $36,423 $5,822,175
35 $41,883 $5,494 $36,389 $5,816,680
36 $41,883 $5,529 $36,354 $5,811,151
37 $41,883 $5,563 $36,320 $5,805,588
38 $41,883 $5,598 $36,285 $5,799,990
39 $41,883 $5,633 $36,250 $5,794,357
40 $41,883 $5,668 $36,215 $5,788,689
41 $41,883 $5,704 $36,179 $5,782,985
42 $41,883 $5,739 $36,144 $5,777,246
43 $41,883 $5,775 $36,108 $5,771,470
44 $41,883 $5,811 $36,072 $5,765,659
45 $41,883 $5,848 $36,035 $5,759,812
46 $41,883 $5,884 $35,999 $5,753,927
47 $41,883 $5,921 $35,962 $5,748,006
48 $41,883 $5,958 $35,925 $5,742,048
49 $41,883 $5,995 $35,888 $5,736,053
50 $41,883 $6,033 $35,850 $5,730,021
51 $41,883 $6,070 $35,813 $5,723,950
52 $41,883 $6,108 $35,775 $5,717,842
53 $41,883 $6,146 $35,737 $5,711,695
54 $41,883 $6,185 $35,698 $5,705,510
55 $41,883 $6,224 $35,659 $5,699,287
56 $41,883 $6,262 $35,621 $5,693,024
57 $41,883 $6,302 $35,581 $5,686,723
58 $41,883 $6,341 $35,542 $5,680,382
59 $41,883 $6,381 $35,502 $5,674,001
60 $41,883 $6,420 $35,463 $5,667,581
61 $41,883 $6,461 $35,422 $5,661,120
62 $41,883 $6,501 $35,382 $5,654,619
63 $41,883 $6,542 $35,341 $5,648,078
64 $41,883 $6,583 $35,300 $5,641,495
65 $41,883 $6,624 $35,259 $5,634,871
66 $41,883 $6,665 $35,218 $5,628,206
67 $41,883 $6,707 $35,176 $5,621,500
68 $41,883 $6,749 $35,134 $5,614,751
69 $41,883 $6,791 $35,092 $5,607,960
70 $41,883 $6,833 $35,050 $5,601,127
71 $41,883 $6,876 $35,007 $5,594,251
72 $41,883 $6,919 $34,964 $5,587,332
73 $41,883 $6,962 $34,921 $5,580,370
74 $41,883 $7,006 $34,877 $5,573,364
75 $41,883 $7,049 $34,834 $5,566,315
76 $41,883 $7,094 $34,789 $5,559,221
77 $41,883 $7,138 $34,745 $5,552,083
78 $41,883 $7,182 $34,701 $5,544,901
79 $41,883 $7,227 $34,656 $5,537,673
80 $41,883 $7,273 $34,610 $5,530,401
81 $41,883 $7,318 $34,565 $5,523,083
82 $41,883 $7,364 $34,519 $5,515,719
83 $41,883 $7,410 $34,473 $5,508,309
84 $41,883 $7,456 $34,427 $5,500,853
85 $41,883 $7,503 $34,380 $5,493,351
86 $41,883 $7,550 $34,333 $5,485,801
87 $41,883 $7,597 $34,286 $5,478,204
88 $41,883 $7,644 $34,239 $5,470,560
89 $41,883 $7,692 $34,191 $5,462,868
90 $41,883 $7,740 $34,143 $5,455,128
91 $41,883 $7,788 $34,095 $5,447,340
92 $41,883 $7,837 $34,046 $5,439,502
93 $41,883 $7,886 $33,997 $5,431,616
94 $41,883 $7,935 $33,948 $5,423,681
95 $41,883 $7,985 $33,898 $5,415,696
96 $41,883 $8,035 $33,848 $5,407,661
97 $41,883 $8,085 $33,798 $5,399,576
98 $41,883 $8,136 $33,747 $5,391,440
99 $41,883 $8,187 $33,697 $5,383,254
100 $41,883 $8,238 $33,645 $5,375,016
101 $41,883 $8,289 $33,594 $5,366,727
102 $41,883 $8,341 $33,542 $5,358,386
103 $41,883 $8,393 $33,490 $5,349,993
104 $41,883 $8,446 $33,437 $5,341,547
105 $41,883 $8,498 $33,385 $5,333,049
106 $41,883 $8,551 $33,332 $5,324,498
107 $41,883 $8,605 $33,278 $5,315,893
108 $41,883 $8,659 $33,224 $5,307,234
109 $41,883 $8,713 $33,170 $5,298,521
110 $41,883 $8,767 $33,116 $5,289,754
111 $41,883 $8,822 $33,061 $5,280,932
112 $41,883 $8,877 $33,006 $5,272,055
113 $41,883 $8,933 $32,950 $5,263,122
114 $41,883 $8,988 $32,895 $5,254,134
115 $41,883 $9,045 $32,838 $5,245,089
116 $41,883 $9,101 $32,782 $5,235,988
117 $41,883 $9,158 $32,725 $5,226,830
118 $41,883 $9,215 $32,668 $5,217,614
119 $41,883 $9,273 $32,610 $5,208,342
120 $41,883 $9,331 $32,552 $5,199,011
121 $41,883 $9,389 $32,494 $5,189,621
122 $41,883 $9,448 $32,435 $5,180,174
123 $41,883 $9,507 $32,376 $5,170,667
124 $41,883 $9,566 $32,317 $5,161,100
125 $41,883 $9,626 $32,257 $5,151,474
126 $41,883 $9,686 $32,197 $5,141,788
127 $41,883 $9,747 $32,136 $5,132,041
128 $41,883 $9,808 $32,075 $5,122,233
129 $41,883 $9,869 $32,014 $5,112,364
130 $41,883 $9,931 $31,952 $5,102,434
131 $41,883 $9,993 $31,890 $5,092,441
132 $41,883 $10,055 $31,828 $5,082,386
133 $41,883 $10,118 $31,765 $5,072,268
134 $41,883 $10,181 $31,702 $5,062,086
135 $41,883 $10,245 $31,638 $5,051,841
136 $41,883 $10,309 $31,574 $5,041,532
137 $41,883 $10,373 $31,510 $5,031,159
138 $41,883 $10,438 $31,445 $5,020,721
139 $41,883 $10,504 $31,380 $5,010,217
140 $41,883 $10,569 $31,314 $4,999,648
141 $41,883 $10,635 $31,248 $4,989,013
142 $41,883 $10,702 $31,181 $4,978,311
143 $41,883 $10,769 $31,114 $4,967,542
144 $41,883 $10,836 $31,047 $4,956,707
145 $41,883 $10,904 $30,979 $4,945,803
146 $41,883 $10,972 $30,911 $4,934,831
147 $41,883 $11,040 $30,843 $4,923,791
148 $41,883 $11,109 $30,774 $4,912,682
149 $41,883 $11,179 $30,704 $4,901,503
150 $41,883 $11,249 $30,634 $4,890,254
151 $41,883 $11,319 $30,564 $4,878,935
152 $41,883 $11,390 $30,493 $4,867,546
153 $41,883 $11,461 $30,422 $4,856,085
154 $41,883 $11,532 $30,351 $4,844,552
155 $41,883 $11,605 $30,278 $4,832,948
156 $41,883 $11,677 $30,206 $4,821,271
157 $41,883 $11,750 $30,133 $4,809,521
158 $41,883 $11,824 $30,060 $4,797,697
159 $41,883 $11,897 $29,986 $4,785,800
160 $41,883 $11,972 $29,911 $4,773,828
161 $41,883 $12,047 $29,836 $4,761,782
162 $41,883 $12,122 $29,761 $4,749,660
163 $41,883 $12,198 $29,685 $4,737,462
164 $41,883 $12,274 $29,609 $4,725,188
165 $41,883 $12,351 $29,532 $4,712,838
166 $41,883 $12,428 $29,455 $4,700,410
167 $41,883 $12,505 $29,378 $4,687,904
168 $41,883 $12,584 $29,299 $4,675,321
169 $41,883 $12,662 $29,221 $4,662,659
170 $41,883 $12,741 $29,142 $4,649,917
171 $41,883 $12,821 $29,062 $4,637,096
172 $41,883 $12,901 $28,982 $4,624,195
173 $41,883 $12,982 $28,901 $4,611,213
174 $41,883 $13,063 $28,820 $4,598,150
175 $41,883 $13,145 $28,738 $4,585,006
176 $41,883 $13,227 $28,656 $4,571,779
177 $41,883 $13,309 $28,574 $4,558,470
178 $41,883 $13,393 $28,490 $4,545,077
179 $41,883 $13,476 $28,407 $4,531,601
180 $41,883 $13,560 $28,323 $4,518,040
181 $41,883 $13,645 $28,238 $4,504,395
182 $41,883 $13,731 $28,152 $4,490,665
183 $41,883 $13,816 $28,067 $4,476,848
184 $41,883 $13,903 $27,980 $4,462,946
185 $41,883 $13,990 $27,893 $4,448,956
186 $41,883 $14,077 $27,806 $4,434,879
187 $41,883 $14,165 $27,718 $4,420,714
188 $41,883 $14,254 $27,629 $4,406,460
189 $41,883 $14,343 $27,540 $4,392,118
190 $41,883 $14,432 $27,451 $4,377,686
191 $41,883 $14,522 $27,361 $4,363,163
192 $41,883 $14,613 $27,270 $4,348,550
193 $41,883 $14,705 $27,178 $4,333,845
194 $41,883 $14,796 $27,087 $4,319,049
195 $41,883 $14,889 $26,994 $4,304,160
196 $41,883 $14,982 $26,901 $4,289,178
197 $41,883 $15,076 $26,807 $4,274,102
198 $41,883 $15,170 $26,713 $4,258,932
199 $41,883 $15,265 $26,618 $4,243,668
200 $41,883 $15,360 $26,523 $4,228,308
201 $41,883 $15,456 $26,427 $4,212,852
202 $41,883 $15,553 $26,330 $4,197,299
203 $41,883 $15,650 $26,233 $4,181,649
204 $41,883 $15,748 $26,135 $4,165,901
205 $41,883 $15,846 $26,037 $4,150,055
206 $41,883 $15,945 $25,938 $4,134,110
207 $41,883 $16,045 $25,838 $4,118,065
208 $41,883 $16,145 $25,738 $4,101,920
209 $41,883 $16,246 $25,637 $4,085,674
210 $41,883 $16,348 $25,535 $4,069,327
211 $41,883 $16,450 $25,433 $4,052,877
212 $41,883 $16,553 $25,330 $4,036,324
213 $41,883 $16,656 $25,227 $4,019,668
214 $41,883 $16,760 $25,123 $4,002,908
215 $41,883 $16,865 $25,018 $3,986,043
216 $41,883 $16,970 $24,913 $3,969,073
217 $41,883 $17,076 $24,807 $3,951,997
218 $41,883 $17,183 $24,700 $3,934,814
219 $41,883 $17,290 $24,593 $3,917,524
220 $41,883 $17,398 $24,485 $3,900,125
221 $41,883 $17,507 $24,376 $3,882,618
222 $41,883 $17,617 $24,266 $3,865,001
223 $41,883 $17,727 $24,156 $3,847,274
224 $41,883 $17,838 $24,045 $3,829,437
225 $41,883 $17,949 $23,934 $3,811,488
226 $41,883 $18,061 $23,822 $3,793,427
227 $41,883 $18,174 $23,709 $3,775,253
228 $41,883 $18,288 $23,595 $3,756,965
229 $41,883 $18,402 $23,481 $3,738,563
230 $41,883 $18,517 $23,366 $3,720,046
231 $41,883 $18,633 $23,250 $3,701,413
232 $41,883 $18,749 $23,134 $3,682,664
233 $41,883 $18,866 $23,017 $3,663,798
234 $41,883 $18,984 $22,899 $3,644,813
235 $41,883 $19,103 $22,780 $3,625,711
236 $41,883 $19,222 $22,661 $3,606,488
237 $41,883 $19,342 $22,541 $3,587,146
238 $41,883 $19,463 $22,420 $3,567,682
239 $41,883 $19,585 $22,298 $3,548,097
240 $41,883 $19,707 $22,176 $3,528,390
241 $41,883 $19,831 $22,052 $3,508,560
242 $41,883 $19,955 $21,929 $3,488,605
243 $41,883 $20,079 $21,804 $3,468,526
244 $41,883 $20,205 $21,678 $3,448,321
245 $41,883 $20,331 $21,552 $3,427,990
246 $41,883 $20,458 $21,425 $3,407,532
247 $41,883 $20,586 $21,297 $3,386,946
248 $41,883 $20,715 $21,168 $3,366,232
249 $41,883 $20,844 $21,039 $3,345,387
250 $41,883 $20,974 $20,909 $3,324,413
251 $41,883 $21,105 $20,778 $3,303,308
252 $41,883 $21,237 $20,646 $3,282,070
253 $41,883 $21,370 $20,513 $3,260,700
254 $41,883 $21,504 $20,379 $3,239,197
255 $41,883 $21,638 $20,245 $3,217,559
256 $41,883 $21,773 $20,110 $3,195,785
257 $41,883 $21,909 $19,974 $3,173,876
258 $41,883 $22,046 $19,837 $3,151,830
259 $41,883 $22,184 $19,699 $3,129,646
260 $41,883 $22,323 $19,560 $3,107,323
261 $41,883 $22,462 $19,421 $3,084,861
262 $41,883 $22,603 $19,280 $3,062,258
263 $41,883 $22,744 $19,139 $3,039,514
264 $41,883 $22,886 $18,997 $3,016,628
265 $41,883 $23,029 $18,854 $2,993,599
266 $41,883 $23,173 $18,710 $2,970,426
267 $41,883 $23,318 $18,565 $2,947,108
268 $41,883 $23,464 $18,419 $2,923,645
269 $41,883 $23,610 $18,273 $2,900,035
270 $41,883 $23,758 $18,125 $2,876,277
271 $41,883 $23,906 $17,977 $2,852,371
272 $41,883 $24,056 $17,827 $2,828,315
273 $41,883 $24,206 $17,677 $2,804,109
274 $41,883 $24,357 $17,526 $2,779,752
275 $41,883 $24,510 $17,373 $2,755,242
276 $41,883 $24,663 $17,220 $2,730,579
277 $41,883 $24,817 $17,066 $2,705,762
278 $41,883 $24,972 $16,911 $2,680,790
279 $41,883 $25,128 $16,755 $2,655,662
280 $41,883 $25,285 $16,598 $2,630,377
281 $41,883 $25,443 $16,440 $2,604,934
282 $41,883 $25,602 $16,281 $2,579,332
283 $41,883 $25,762 $16,121 $2,553,570
284 $41,883 $25,923 $15,960 $2,527,647
285 $41,883 $26,085 $15,798 $2,501,561
286 $41,883 $26,248 $15,635 $2,475,313
287 $41,883 $26,412 $15,471 $2,448,901
288 $41,883 $26,577 $15,306 $2,422,323
289 $41,883 $26,743 $15,140 $2,395,580
290 $41,883 $26,911 $14,972 $2,368,669
291 $41,883 $27,079 $14,804 $2,341,590
292 $41,883 $27,248 $14,635 $2,314,342
293 $41,883 $27,418 $14,465 $2,286,924
294 $41,883 $27,590 $14,293 $2,259,334
295 $41,883 $27,762 $14,121 $2,231,572
296 $41,883 $27,936 $13,947 $2,203,637
297 $41,883 $28,110 $13,773 $2,175,526
298 $41,883 $28,286 $13,597 $2,147,240
299 $41,883 $28,463 $13,420 $2,118,778
300 $41,883 $28,641 $13,242 $2,090,137
301 $41,883 $28,820 $13,063 $2,061,317
302 $41,883 $29,000 $12,883 $2,032,317
303 $41,883 $29,181 $12,702 $2,003,136
304 $41,883 $29,363 $12,520 $1,973,773
305 $41,883 $29,547 $12,336 $1,944,226
306 $41,883 $29,732 $12,151 $1,914,495
307 $41,883 $29,917 $11,966 $1,884,577
308 $41,883 $30,104 $11,779 $1,854,473
309 $41,883 $30,293 $11,590 $1,824,180
310 $41,883 $30,482 $11,401 $1,793,698
311 $41,883 $30,672 $11,211 $1,763,026
312 $41,883 $30,864 $11,019 $1,732,162
313 $41,883 $31,057 $10,826 $1,701,105
314 $41,883 $31,251 $10,632 $1,669,854
315 $41,883 $31,446 $10,437 $1,638,407
316 $41,883 $31,643 $10,240 $1,606,764
317 $41,883 $31,841 $10,042 $1,574,924
318 $41,883 $32,040 $9,843 $1,542,884
319 $41,883 $32,240 $9,643 $1,510,644
320 $41,883 $32,441 $9,442 $1,478,202
321 $41,883 $32,644 $9,239 $1,445,558
322 $41,883 $32,848 $9,035 $1,412,710
323 $41,883 $33,054 $8,829 $1,379,656
324 $41,883 $33,260 $8,623 $1,346,396
325 $41,883 $33,468 $8,415 $1,312,928
326 $41,883 $33,677 $8,206 $1,279,251
327 $41,883 $33,888 $7,995 $1,245,363
328 $41,883 $34,099 $7,784 $1,211,264
329 $41,883 $34,313 $7,570 $1,176,951
330 $41,883 $34,527 $7,356 $1,142,424
331 $41,883 $34,743 $7,140 $1,107,681
332 $41,883 $34,960 $6,923 $1,072,721
333 $41,883 $35,178 $6,705 $1,037,543
334 $41,883 $35,398 $6,485 $1,002,145
335 $41,883 $35,620 $6,263 $966,525
336 $41,883 $35,842 $6,041 $930,683
337 $41,883 $36,066 $5,817 $894,617
338 $41,883 $36,292 $5,591 $858,325
339 $41,883 $36,518 $5,365 $821,806
340 $41,883 $36,747 $5,136 $785,060
341 $41,883 $36,976 $4,907 $748,083
342 $41,883 $37,207 $4,676 $710,876
343 $41,883 $37,440 $4,443 $673,436
344 $41,883 $37,674 $4,209 $635,762
345 $41,883 $37,909 $3,974 $597,852
346 $41,883 $38,146 $3,737 $559,706
347 $41,883 $38,385 $3,498 $521,321
348 $41,883 $38,625 $3,258 $482,696
349 $41,883 $38,866 $3,017 $443,830
350 $41,883 $39,109 $2,774 $404,721
351 $41,883 $39,353 $2,530 $365,368
352 $41,883 $39,599 $2,284 $325,768
353 $41,883 $39,847 $2,036 $285,921
354 $41,883 $40,096 $1,787 $245,825
355 $41,883 $40,347 $1,536 $205,479
356 $41,883 $40,599 $1,284 $164,880
357 $41,883 $40,853 $1,031 $124,027
358 $41,883 $41,108 $775 $82,920
359 $41,883 $41,365 $518 $41,555
360 $41,883 $41,623 $260 $0


Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

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