$3,600,000
●
Land -
For Sale
9 HALL AVENUE
REHOBOTH BEACH, DE 19971
Studio
0 Bath
$17,823
Est. Monthly
$146
HOA / Fees
About This Property
Almost oceanfront and exceptionally located, this rare 100' x 100' vacant lot in the coveted private beach community of Indian Beach
offers the perfect setting for your coastal dream home. Positioned
directly across from the dune crossover, you'll enjoy unobstructed
ocean views and be just steps from the private beach. Depending on
your home design, there's also the potential for beautiful Rehoboth
Bay views. Tucked just south of the energy of Rehoboth and Dewey
Beach, this homesite delivers the best of both worlds-close to
dining, shopping, and entertainment, yet set apart in a more
peaceful seaside enclave. 9 Hall Avenue, Rehoboth Beach, DE - a
standout opportunity to build in one of the area's most
sought-after ocean-adjacent communities.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$146
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 23 days ago (Bright MLS #DESU2106034)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Listed by Jack Lingo - Rehoboth | $3,600,000 | |
| Listed by Jack Lingo - Rehoboth | |||
| Oct 20, 2025 | Price Decreased |
$3,600,000
↓ $350K
(8.9%) | |
| Price Decreased | |||
| Jun 4, 2025 | Relisted | $3,950,000 | |
| Relisted | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2023 | Listed | $3,950,000 | |
| Listed | |||
| | |||
|
Almost oceanfront! Rare opportunity with an ideal location in the coveted community of Indian Beach. This 100' x 100' lot offers an excellent setting for your dream home with unobstructed views of the ocean across from the dune crossover, only steps from the private beach. This property will also allow beautiful potential views of the Rehoboth Bay. This location offers convenience to everything that Rehoboth and Dewey Beach have to offer, yet tucked away for the best of both worlds.
| |||
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Property Highlights
With View
Exterior Details
Waterbody Name: Atlantic Ocean
Lot Features: No Thru Street, Premium
Lot Size Area: 10000
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10000
Lot Size Dimensions: 100.00 x 100.00
Water Source: Public
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Security, Beach
HOA Fee: $1,750
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Price/ft²
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Sold On
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HOA + Taxes
About Sussex
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Listed by: BRYCE LINGO
Jack Lingo - Rehoboth
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# DESU2106034
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Jack Lingo - Rehoboth
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# DESU2106034
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