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$1,880,000
2,722
square ft

99 Sussex Street
Rehoboth Beach, Delaware 19971

Closed / MLS #DESU2050454 / Commercial / Mixed Use / Rehoboth Beach
Listing information updated 2/28/2025 at 12:01pm
Calling all investors! If you've ever wanted to own 6 luxury efficiency apartments in the middle of Downtown Rehoboth Beach, this is your chance! The Pine Suites (formerly known as The Printz) is looking for its new owners. After being completely gutted and renovated, all units now feature a new roof, windows, doors, and flooring. The kitchens and bathrooms have also been completely updated, as well as all important systems, including HVAC, electrical, and plumbing. When we say renovated, we truly mean renovated! The ceiling has even been opened up for increased height! Located close to Grove Park, the Rehoboth Beach Farmers Market, and popular restaurants such as Dogfish Head and the Cultured Pearl, you can't beat this location. Only a few blocks away from the ocean and the famous Rehoboth Beach boardwalk, each unit has a rental projection of $1200 per week during peak season, $11,000 for seasonal rentals, and $1,400 per month for year-round rentals. Don't miss your chance to add these gorgeous new units to your investment portfolio. Schedule your private showing now!
Lot Size:
14200.00 Square Feet
Acreage:
0.33
Built:
1950
Cooling System:
Ductless/Mini-Split
Roof:
Shingle
Business Use:
Other
Zoning:
TN
Building Square Feet:
2,722
Tax Amount:
$1,395
Tax Year:
2023
Zip Code:
19971
City:
Rehoboth Beach
County:
Sussex

Listing Office: Jack Lingo - Lewes

Listing Office Phone: 302.645.2207

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$1,129,467
Average Sale Price
61
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 99 Sussex Street, Rehoboth Beach, DE 19971

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99 Sussex Street, Rehoboth Beach, DE 19971 is a commercial / mixed use which sold for $1,880,000. This commercial / mixed use has been listed on RLAH @properties since October 26th, 2023 and was built in 1950.