5204 Brown St Milford, DE 19963
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8.34 Acres, Waterfront Resort Potential
Property Features for 5204 Brown St
General Information
- Property type
- Land
- Lot Size
- 363,290 SF
Listing Agency: Keller Williams Realty Listing Agent: Renee Edge
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 8.34-acre waterfront property in Milford, Delaware, presents a unique investment opportunity. Boasting over 500 feet of dock space with water and electricity, and approximately 1,000 feet of Mispillion River frontage, it offers quick access to the Delaware Bay. The property includes a home with nearly 360-degree water views, a primary suite with a walk-in closet and private balcony, a gas fireplace, vaulted ceilings, hardwood floors on the first floor, and a convenient first-floor bedroom. Outdoor amenities include three RV hook-up areas with expansion potential, a pavilion, a Tiki bar, ample parking, and a large outbuilding for boat storage. Two golf carts are included. A newer roof (installed within the past two years) carries a transferable warranty. The property is located minutes from Milford, offering convenient access to shopping, dining, Route 1, Delaware Bay beaches (10 minutes), and Delaware resort beaches (30 minutes). With no HOA restrictions, various income-generating possibilities exist, including Airbnb, Hipcamp, boat dock rentals, and RV/boat storage. The property is within city limits, and zoning changes may be required depending on the intended commercial use. This is a rare opportunity to own a private waterfront resort with significant income potential. The property's combination of luxury, privacy, and commercial potential makes it a truly unique offering.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Sussex
- State
- Delaware
- Longitude
- -75.4078841
- Latitude
- 38.9170935
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FAQs
What type of property is this?
Land - 8.34 Acres, Waterfront Resort Potential
Where is this land located?
The property is located at 5204 Brown St Milford, DE.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 8.34-acre waterfront property in Milford, DE with over 500 ft. of dock space (water & electric).; Approximately 1,000 ft. of Mispillion River frontage, providing quick access to Delaware Bay.; Main house features 360-degree water views, primary suite with walk-in closet & private balcony, gas fireplace, vaulted ceilings, and hardwood floors on the first floor.
