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Marjorie Dick Stuart

  • Cell 240-731-8079
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99 Sussex St, REHOBOTH BEACH, DE – $2,000,000

  • $2M Price
  • 2,722 Sqft
  • .33 Acres
  • 383 DOM
  • $2M Price
  • 2,722 Sqft
  • .33 Acres
  • 383 DOM

99 Sussex St

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!

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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

  • Date ListedOctober 26th, 2023
  • Days on Market383
  • ZoningTN

Listing Details

  • OfficeJack Lingo - Lewes
  • Office Contact(302) 645-2207
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Price Change History for 99 Sussex St, REHOBOTH BEACH, DE (MLS® #DESU2050454)

Date Details Price Change
Pending – –
Active Under Contract (from Active) – –
Price Reduced $2,000,000 $200,000 (9.09%)
Price Reduced $2,200,000 $200,000 (8.33%)
Price Reduced (from $2,500,000) $2,400,000 $100,000 (4.00%)

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Listing information last updated on January 20th, 2025 at 2:45pm CST.