Tina Poss
Office: 301.698.3232
Cell: 301.514.4233
99 Sussex St, REHOBOTH BEACH
$2,000,000
0 Beds
0 Baths
2,722 Sqft
.33 Acres
0 Garages
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!
Essential Information
MLS® #DESU2050454
Price$2,000,000
Bathrooms0.00
Square Footage2,722
Acres0.33
Year Built1950
TypeCommercial Sale
Sub-TypeOther
StatusPending
Community Information
Address99 Sussex St
AreaLewes Rehoboth Hundred (31009)
CityREHOBOTH BEACH
CountySUSSEX-DE
StateDE
Zip Code19971
Amenities
ParkingPrivate
Interior
HeatingOther
CoolingDuctless/Mini-Split
Exterior
Lot DescriptionCleared
RoofShingle
School Information
DistrictCAPE HENLOPEN
Additional Information
ZoningTN
Listing Details
OfficeJack Lingo - Lewes
Office Contact(302) 645-2207
Property History
Status Changed from Active Under Contract to PendingStatus Changed from Active to Active Under Contract
Price Reduced from $2,200,000 to $2,000,000
Price Reduced from $2,400,000 to $2,200,000
Price Reduced from $2,500,000 to $2,400,000
LISTING MAP
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Listing information last updated on January 19th, 2025 at 1:05am EST.
