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$389,900

Listing Price

3beds

1baths

1,456sqft

10,001sqft lot

502 Fifth St, Rehoboth Beach, DE 19971

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Mobile

Home type

--

Price / sqft

1980

Year built

Home Details

Dont miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach. The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts . For investors or builders, the property presents additional possibilities. Subject to approvals, there is potential to re-establish the property line, remove the existing home, and construct two new homes-an excellent redevelopment opportunity in an area experiencing continued growth . nThere is no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS.

Interior Details

Square Feet
  • 1456

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 10001

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Mobile Home

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$286

$3,000

$7,600

--%

$10,600

2019

$286

$3,000

$7,600

--%

$10,600

2018

$270

$3,000

$7,600

--%

$10,600

2017

$260

$3,000

$7,600

--%

$10,600

2016

$253

$3,000

$7,600

--%

$10,600

2014

$238

$3,000

$7,600

--%

$10,600

2013

$232

$3,000

$7,600

--%

$10,600

2012

$234

$0

$0

--%

$10,600

percent-home-icon

Average Home Price in 19971

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$--

3 Beds

-- Baths

1,344 Sqft

5,001 Lot (sqft)

Sold 09/25/2026

$--

3 Beds

-- Baths

1,288 Sqft

21,000 Lot (sqft)

Sold 10/05/2026

$410,000

3 Beds

2 Baths

1,296 Sqft

10,001 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
389,900
$
Down payment
77,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,339.4
$
HOA (Monthly)
0
$
PMI
0
$
$2,524
Your Payment
Total Monthly Payment:$2,524
Percent of Income:43%
Affordable:No

Details for 502 FIFTH ST

Property Debt

Foreclosure Contact Details