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119 JERSEY ST #2470 Dewey Beach, DE 19971
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Key Details
Sold Price $1,100,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DESU2014628
Sold Date 05/20/22
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $535
Tax Year 2021
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 0.00 x 0.00
Property Description
Talk about an opportunity of a lifetime! this cleared Ready to build 50X100 lot is VERY rarely seen to the coveted community of Rehoboth By The Sea. The sellers do have plans that are compliant with the town of Dewey Beach NR zoning restrictions. This property is on Leased land and has a very attractive lease. The dwelling was apart of a structure fire and was deemed to be taken down. the 60 year lease on the lot has 74 years remaining and is $4,050 per quarter.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning NR
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer, Public Septic
Water Public
Schools
School District Cape Henlopen
Others
Tax ID 334-20.10-104.00-2470
Ownership Leasehold
SqFt Source Assessor
Acceptable Financing Other
Listing Terms Other
Financing Other
Special Listing Condition Standard
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Bought with Jack Redefer • Rehoboth Bay Realty, Co.
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