Discover the unparalleled allure of owning the last undeveloped lot on the Rehoboth Beach boardwalk. Measuring 250x50 feet, this exceptional property offers unobstructed, breathtaking ocean views and direct beach access, making it a rare gem in a coveted location. Envision crafting your ultimate coastal sanctuary where you can wake up to the soothing sounds of the ocean while enjoying panoramic vistas. This prime boardwalk lot provides limitless potential for a custom seaside retreat. Seize this rare opportunity to own a piece of paradise and explore the endless possibilities this property has to offer.
Sold for $5,700,000
$5,700,000
505 South Boardwalk, Rehoboth Beach, DE 19971
--beds
--baths
0.28Acres
Unimproved Land
Built in ----
0.28 Acres Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
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List your homeWhat's special
Direct beach accessPanoramic vistas
Zillow last checked:
Listing updated:
Listed by:
Debby Sweeney 610-212-1006,
Compass
Bought with:
Ron Jackson, R3-0019466
Patterson-Schwartz-Newark
Source: Bright MLS,MLS#: DESU2082868
Facts & features
Property
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanfront, Ocean
Lot
- Size: 0.28 Acres
- Dimensions: 250.00 x 50.00
Details
- Parcel number: 33414.18130.01
- Zoning: TN
- Special conditions: Standard
Utilities & green energy
- Sewer: Other
- Water: Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Rehoboth Beach
Financial & listing details
- Tax assessed value: $2,936,000
- Annual tax amount: $2,827
- Date on market: 4/24/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $5,700,000-3.4% |
Source:  Bright MLS #DESU2082868 Report a problem | ||
| 7/16/2025 | Pending sale | $5,900,000 |
Source: Bright MLS #DESU2082868 Report a problem | ||
| 6/2/2025 | Contingent | $5,900,000 |
Source: Bright MLS #DESU2082868 Report a problem | ||
| 4/24/2025 | Listed for sale | $5,900,000 |
Source: Bright MLS #DESU2082868 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,201 +403.2% | $1,468,000 +5772% |
| 2024 | $1,232 +0.1% | $25,000 |
| 2023 | $1,231 +3.6% | $25,000 |
| 2022 | $1,188 +0.9% | $25,000 |
| 2021 | $1,177 +0.3% | $25,000 |
| 2020 | $1,174 | $25,000 |
| 2019 | $1,174 +6.9% | $25,000 |
| 2018 | $1,098 +4.4% | $25,000 |
| 2017 | $1,051 +5.3% | $25,000 |
| 2016 | $999 +4.7% | $25,000 |
| 2015 | $954 +0.7% | $25,000 |
| 2014 | $947 +2.9% | $25,000 |
| 2013 | $920 +0.4% | $25,000 |
| 2012 | $917 +11.9% | $25,000 |
| 2011 | $820 | $25,000 |
| 2010 | $820 -3% | $25,000 |
| 2009 | $845 | $25,000 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 19971
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Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 3.9 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- District: Cape Henlopen
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Delaware
- Sussex County
- Rehoboth Beach
- 19971
- 505 South Boardwalk
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