Building Details

Building Size 598 SF

Year Built 1970

Listing Agency: RE/MAX Realty Group Rehoboth

Listed By: Debbie Reed · License #RS-0010229 Show Phone

Source: Teamtimmons.kw

Added: Jul 25 Changed: Aug 31 Last Checked: Sep 1 at 2:42PM

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Investment Insights

Based on property information with market context.

This residential income property is a second-floor flat in Sea Haven, built in 1970, with views across Lake Comegys and surrounding grounds. The building provides an outdoor shower and off-street parking. The property is situated on Chesapeake Street in Dewey Beach, approximately 1.5 blocks from the ocean, with Rehoboth Beach and Dewey Beach described as accessible in either direction. The sale is offered as is.

Key Highlights

• Waterfront setting on Lake Comegys with views from the second‑floor flat
• Approximately 1.5 blocks from the ocean on Chesapeake Street
• Sea Haven building constructed in 1970

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Law Firm Pharmacy Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Residential units

Location Intelligence

Trade Area within ½ mile

268

Businesses Nearby

Explore this area Business Placement

Demographics for 19971, DE

14,348

Population

16,948

Households

0.8

Avg Household Size

60

Median Age

55%

College-Educated

96%

High-School Grad

18.0 sq mi

ZIP Area

797

Density / Sq Mi

$103,301

Median Household Income

$49,905

Median Earnings

$1,383

Median Rent

$561,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential income property - Second-floor flat with Lake Comegys views, off-street parking, and access to an outdoor shower.

Where is this residential income property located?

The property is located at 121 CHESAPEAKE STREET Dewey Beach, DE.

What is the asking price?

The asking price for this property is $519,000.

What are key features of this property?

This property features: Waterfront setting on Lake Comegys with views from the second‑floor flat; Approximately 1.5 blocks from the ocean on Chesapeake Street; Sea Haven building constructed in 1970