See Home Value
Rehoboth Beach 19971
87 HENLOPEN AVENUE
$2,350,000
● Land - Off Market

87 HENLOPEN AVENUE

REHOBOTH BEACH, DE 19971
bedrooms
Studio
bathrooms
0 Bath
$12,490
Est. Monthly
0.87%
Cap Rate

About This Property

Oversized vacant building lot in the Pines neighborhood in downtown Rehoboth Beach. The 6,825 SF lot size offers incredible potential for a larger home with a swimming pool in a highly desired location.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$214
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #DESU2087758)

Price History

Date / Event Date Event Price
Jul 28, 2025 Sold
Sold
Jun 26, 2025 Listed by Jack Lingo - Rehoboth $2,500,000
Listed by Jack Lingo - Rehoboth

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: 13,652
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 1,500
  • 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: R
  • Subdivision: REHOBOTH BEACH
  • Land Acres: 0000000313
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: HENLOPEN AVE LOTS 85 87 89 W/IMP REH BCH CP MTG ASSN

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051101

Zoning

  • Zoning: TN

Geography

  • District: CAPE HENLOPE
  • Parcel: 334-14.13-41.00
  • Lot: 85,87
  • Municipality: 19971
  • Latitude: 38.7213
  • Longitude: -75.086

    Address

  • Full Address: 87 Henlopen Ave
  • Address - House Number: 87
  • Address - Street Name: Henlopen
  • Address - Suffix Type: Ave
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1636
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $198,460

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 1,416,384
  • High Value: 1,738,415
  • Low Value: 1,094,353

    Market Valuation

  • Market Total Value: $80,600
  • Market Land Value: $50,400
  • Market Improvement Value: $30,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,300
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $15,100
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 Rehoboth Beach


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 37285 Martin Street, REHOBOTH BEACH, DE, 19971

$2,250 /mo

  • 3 Beds
  • 2 Baths
37285 Martin Street #28, REHOBOTH BEACH, DE, 19971 Listing by CARLA L.H. RIDDLE
Unit for rent at 112 Houston Street, DEWEY BEACH, DE, 19971

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
112 Houston Street #B, DEWEY BEACH, DE, 19971 Listing by Corinne Redick
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 87 Henlopen Avenue built and last sold?
The property at 87 Henlopen Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 87 Henlopen Avenue is $2,525,000.
What are some comparable homes to 87 Henlopen Avenue?
There are currently no comparable homes to 87 Henlopen Avenue.