Water Views
Listed By:
Monument Sotheby's International Realty
Address
24 Houston Street, Dewey Beach, DE
Price
$ 4,200,000
Property Attributes
  • MLS#DESU2046814
  • TypeContingent
  • CountySUSSEX
  • CityDewey Beach
  • AreaLewes Rehoboth Hundred
  • Zip19971
  • StyleHotel/Motel
  • Year Built1961
  • Taxes$ 3964
  • Price$ 4,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.34 Acres
Data Source:
Bright MLS
Property Description

Become a part of Dewey Beach history! The Sea Esta Motel, located at the corner of Houston and King Charles Streets in Rehoboth-by-the-Sea, offers 30 guest rooms all with ensuite baths. This ocean-block motel was originally built in 1961 and has hosted a variety of actors, tourists, and beachgoers for over 60 years!Total lot size: 100x150 (equates to three residential lots; would require a zoning change to residential in the Town of Dewey Beach) * Total guest rooms: 30 * Total parking spaces available: 37 * Front check-in lobby * Rooftop deck potential * Views of the Atlantic Ocean * Walking distance to beach, restaurants, shopping and the Rehoboth Bay * Many options for subdivision possibilities

Price History
8/25/2023 Listed $4,200,000

General Features

Sewer Public Sewer
Heating None
Cooling Wall Unit
Utilities Electric Available,Cable TV Available,Phone,Sewer Available,Water Available
Possession Immediate
Roof Flat
Zoning TN
Construction Materials Wood Siding
Year Built 1961
View Ocean,Water
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Hotel/Motel
Accessibility None
County SUSSEX
New Construction No
Property Type Commercial Sale
Possible Use Residential,Hotel/Motel
Water Access Y/N No
Property Use Investment
Status ACTIVE UNDER CONTRACT
Directions From the north,take Coastal Highway South; u-turn at Clayton Street. Slight right into the parking lot at corner of 24 Houston and King Charles. From the south,take Coastal Highway North through De
ModificationTimestamp 2024-02-12T16:49:08
City DEWEY BEACH
Buyer Agent Compensation 2.5
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 15000.00
Tax Assessed Value 80400.0
Waterfront Y/N No
Street Name HOUSTON
Tax Annual Amount 3964.0
Property Condition Average
Acceptable Financing Cash,USDA,Variable
Historic Y/N No
Vacation Rental Y/N No
Virtual Tour https://bcove.video/3YSRLZu
Days on Market 90
Sussex DE Quadrants East of Rt 1
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision Rehoboth By The Sea
Tax Lot 15
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel None
Flooring Fully Carpeted,Wood
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Lot Features Corner
Water Source Public
Total Parking Spaces 37
Type of Parking Parking Lot
Land Use Code United States
Foundation Details Block
Water View Y/N Yes
Building Area Total 0.00
Lot Dimensions 100.00 x 150.00
Lot Size Acres 0.34
Road Frontage Length 100
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 33750.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 37

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 19971

Price
AVG $960K
$4.2M
Taxes
AVG $1,381
$3,964
Visits
AVG 459
448
Data Provided by Inside Real Estate®
Year Built
AVG 1987
1961
Walkscore
AVG 25
46
Data Provided by Walkscore® not using MLS data

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