See Home Value
Sussex 19971
37397 5TH STREET
$500,000
● Land - Off Market

37397 5TH STREET

REHOBOTH BEACH, DE 19971
bedrooms
Studio
bathrooms
0 Bath
$2,736
Est. Monthly
4.26%
Cap Rate

About This Property

Your Coastal Retreat Awaits in Bay Vista. Imagine building your dream beach home on one of the few remaining vacant lots in the waterfront community of Bay Vista. Nestled along Rehoboth Bay, this charming neighborhood offers the perfect blend of coastal serenity and convenience, with a marina just steps away for boating, kayaking, and sunset cruises. Located less than a mile from the heart of Rehoboth Beach, you'll enjoy effortless access to award-winning restaurants, boutique shopping, vibrant nightlife, and the famous boardwalk. With no active HOA, you'll have the freedom to create a home that truly fits your lifestyle-without extra fees or rental restrictions. From beach days to peaceful evenings on the bay, this is your opportunity to embrace the best of coastal living in Rehoboth and Dewey Beach.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$35
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (Bright MLS #DESU2092548)

Price History

Date / Event Date Event Price
Jan 30, 2026 Sold
Sold
Dec 30, 2025 In contract -
In contract
Nov 1, 2025 Price Decreased $550,000
↓ $25K (4.4%)
Price Decreased
Aug 20, 2025 Listed by Jack Lingo - Rehoboth $575,000
Listed by Jack Lingo - Rehoboth
Oct 17, 2019 No longer available -
No longer available
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Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BAY VISTA
  • Land Acres: 0000000115
  • Standard Land Use Code: 8001
  • County Land Use Code: RV
  • Legal Description 1: BAY VISTA LOTS 235, 236 PARCEL B

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051016

Zoning

  • Zoning: AR-1

Geography

  • District: CAPE HENLOPE
  • Parcel: 334-19.16-64.01
  • Lot: 235-23
  • Municipality: LEWES AND REHOBOTH HUNDRED
  • Latitude: 38.6981
  • Longitude: -75.0981

    Address

  • Full Address: 37397 5th St
  • Address - House Number: 37397
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 3622
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,313

    Market Valuation

  • Market Total Value: $5,000
  • Market Land Value: $5,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,500
  • Assessed Land Value: $2,500

    Sales

  • Current Sale Contract Date: Dec 27, 2017
  • Current Sale Recording Date: Jan 10, 2018
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 000000001035
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sussex


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 36525 Palm Drive, REHOBOTH BEACH, DE, 19971

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,092 ft²
36525 Palm Drive #5205, REHOBOTH BEACH, DE, 19971 Listing by CARLA L.H. RIDDLE
Unit for rent at 300 Pebble Drive, REHOBOTH BEACH, DE, 19971

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,039 ft²
300 Pebble Drive, REHOBOTH BEACH, DE, 19971 Listing by Lauren B. Price
Unit for rent at 3300 Sanibel Circle, REHOBOTH BEACH, DE, 19971

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,395 ft²
3300 Sanibel Circle #3301, REHOBOTH BEACH, DE, 19971 Listing by Filomena M. Rauso


Frequently Asked Questions

When was property at 37397 5th Street built and last sold?
The property at 37397 5th Street was built in and last sold on Dec 27, 2017 for $225,000.
How much is this home worth?
The estimated value of the home located at 37397 5th Street is $0.
What are some comparable homes to 37397 5th Street?
There are currently no comparable homes to 37397 5th Street.