Rehoboth Beach Condo & Townhouse Information

Have you been searching for an incredible investment opportunity at the beach? Search no more. With Bethany, Dewey and Rehoboth to the north, and the fun and excitement of Ocean City just to the south, this Fenwick Island property boasts a particularly desirable location. This 49′ x 149′ lot is only 500 feet from the beach and comes complete with a charming, 3 bedroom, 1 ½ bath, 1968 cottage. Offered at $1, 299,000, this beach side property is priced for its land value only! A nearby, newer custom home on a similar lot recently sold for $2,475,000. Similar improvements on this lot could produce instant equity! Planning and zoning regulations will allow a new home as high as 30feet,  7500 square feet, with setbacks of 25 feet (front), 20 feet (back), and 7 feet (sides). Be sure your home plans include decks and balconies all around to take in the amazing views! Setbacks for future decking are 9 feet (front) and 10″ (back). This lot will even accommodate your own, private pool! Don’t miss this incredible opportunity to build the house of your dreams on this priced-to-sell ocean-side lot.