Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    20418 Silver Lake Dr Rehoboth Beach, DE 19971

    For Sale
    $5,995,000

    Specialty property for sale in Rehoboth Beach, Delaware.

    Lot size:
    0.25 Acres

    Property Features for 20418 Silver Lake Dr

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    2012

    Source: Jack Lingo - Rehoboth Agent BRYCE LINGO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rehoboth Beach Specialty Property

    A specialty property located at Rehoboth Beach, Delaware, is available for sale. The list price is $5,995,000.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Law Firm Realty agency Spa & Massage Hair Salon Restaurant Nail Salon Auto Repair Shop Building Supply Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rehoboth Beach
    County
    Sussex
    State
    Delaware
    Longitude
    -75.0784161
    Latitude
    38.7041915

    Nearby Similar for Sale

    • $2,050,000
      0.11 Acres

      Charming Cottage Near Rehoboth Beach

      Charming 4-bedroom cottage, just steps from the beach.
      209 New Castle St, Rehoboth Beach, DE 19971
      View Details
    • $499,000
      0.32 Acres

      Restaurant Opportunity on Rehoboth Avenue

      Restaurant business with parking in the heart of Rehoboth Beach.
      251 Rehoboth Avenue Ext, Rehoboth Beach, DE 19971
      View Details
    • New
      $585,000
      2,100 SF

      Turnkey Home in Rehoboth Beach

      Tenant-occupied home near the beach, shops, and entertainment.
      37264 Sea Coast Ct, Rehoboth Beach, DE 19971
      View Details
    • $995,000
      0.25 Acres

      Waterfront Parcel in Bay Vista

      Quarter-acre waterfront parcel near downtown Rehoboth Beach.
      37430 5Th St, Rehoboth Beach, DE 19971
      View Details
    • $240,000

      Established Franchise Opportunity in Rehoboth

      Successful retail franchise business for sale in prime Rehoboth location.
      19266 Coastal Hwy, Rehoboth Beach, DE 19971
      View Details
    • $899,000

      Downtown Rehoboth Beach Retail Condo

      Commercial condo in downtown Rehoboth Beach, ideal for retail.
      50 Wilmington Ave, Rehoboth Beach, DE 19971
      View Details

    FAQs

    What type of property is this?
    Specialty property - Specialty property for sale in Rehoboth Beach, Delaware.
    Where is this specialty property located?
    The property is located at 20418 Silver Lake Dr Rehoboth Beach, DE.
    What is the asking price?
    The asking price for this property is $5,995,000.
    What are key features of this property?
    This property features: - remodeled in 2012
    (302) 226-6417
    Request Owner's contact information
    20418 Silver Lake Dr Rehoboth Beach, DE 19971
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20418 Silver Lake Dr
    Rehoboth Beach, DE 19971
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20418 Silver Lake Dr Rehoboth Beach, DE 19971
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.