Beach Homes Realty
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105 carolina street

DEWEY BEACH, DE 19971

$1,300,000

3 BEDS 1-Full 1-Half BATHS
0.11 AC LOT
Residential - Detached
Image 1
Bedrooms 3
Total Baths 2
Full Baths 1
Acreage 0.12
Status Off Market
MLS # DESU2043278
County SUSSEX
More Info
Category Residential - Detached
Status Off Market
Acreage 0.12
MLS # DESU2043278
County SUSSEX
Dewey Beach! Location, location, location! Located in the highly sought after community of Rehoboth By The Sea, this home is located only 11 homes from the Atlantic Ocean. This is a Rehoboth By The Sea leased land property. The very rare re negotiated lease has 26 years remaining and is only $5,219 PER YEAR. Minute lease increases are every five years and are based off of the CPI index thus making the increase very, very affordable.. The present home boasts the pine board walls (very good condition) and hardwood and tile throughout. Recently negotiated leases are typically 3X the annual rent and include a 3.5% annual increase. Renovate this charming little home like many owners have done to their adorable cottages from yesteryear or make plans to built the home of your dreams. Due to the location and the affordable lease from yesteryear this property won't last long. Please call for a private tour, you'll be glad that you did!!
Location not available

Exterior Features

  • Style Coastal
  • Construction Coastal
  • Siding Stick Built, Tile, Block
  • Roof Asphalt
  • Garage No
  • Water Public
  • Sewer Public Sewer
  • Lot Dimensions 0.00 x 0.00

Interior Features

  • Heating Forced Air
  • Cooling Central A/C
  • Fireplaces 1
  • Fireplaces Description Wood
  • Year Built 1970

Neighborhood & Schools

  • Subdivision REHOBOTH BY THE SEA
  • School Disrict CAPE HENLOPEN
  • High School CAPE HENLOPEN

Financial Information

  • Zoning TOWN

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