608 Front St Milford, DE 19963
- Land
- 6.11 lot acres
Current Use by Public Records
- Land
Property Details for 608 Front St
- Lot size
- 6.11 lot acres
- Property type
- Land
Description
This exceptional 6.11-acre waterfront property in Milford, Delaware (APN: 5-16-18307-01-2700-000) presents a turnkey development opportunity. City of Milford pre-approved site and building plans allow for immediate construction of a 100-unit residential complex, ideally suited for low-rise apartments – a potential design includes five two-story buildings. Detailed drawings highlight excellent water access, appealing to boating enthusiasts and nature lovers. The property boasts a completed and DelDot-approved paved entrance, eliminating significant infrastructure costs for the buyer. All land improvements are included in the asking price of $2,200,000, representing substantial savings. This prime location offers convenient access to Route 1 (North and South) and Route 113, placing it within easy reach of the Delaware Beaches. The property's potential for a thriving residential community is undeniable
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Kent
- State
- Delaware
- Longitude
- -75.4183
- Latitude
- 38.9199
