#DESU2065448, Lucius Webb, Listing Office: Jack Lingo - Rehoboth
$8,311
closing credit¹
360 Bay Ave Milford, DE 19963
Property details
About 360 Bay Ave
Great opportunity! Unique beach property zoned COMMERCIAL/ RESIDENTIAL with Lots of updates. Investors: Sewer is coming to SlaughterBeach! Funding is complete! Planning/development is underway! Enjoy a postcard-like lifestyle with beautiful scenery and privacy, a quiet beach across the street, a park next door with newly resurfaced tennis and basketball courts, along with a new children's playground - and with the sewer underway, values are set to explode... Especially on this particular property with the residential commercial zoning. For those unfamiliar, Slaughter beach is a beautiful, quiet respite known as "The Hidden Gem of Delaware", and often appears in national rankings for best beaches. This particular home is unique because it is among the largest properties in the area, and a store or restaurant or a store/restaurant/business could be opened on the site, if that is your dream. Combine that with a very quiet park and tennis court right next door and beach across the street, along with the private, picturesque backyard with 1800's cottage that overlooks Prime Hook Nature reserve, and you have anything you could ever want in a home....PLUS SUBSTANTIAL UPSIDE with the sewer coming. Would be great to live, make airbnb, and make a business. Parcel is also big enoughTo present opportunities for redevelopment in the future, especially with sewer on the way. Or just live comfortably with the updated interior and exterior that includes new modern floors, stainless appliances in the kitchen, new lighting, new modern bathroom, new exterior, new back porch, new library, two new rooms added in previous store, lots of structural type improvements, lots of exterior upgrades including stone, driveway, fill, deck upgrades, 1800's cottage upgrades, many apple and pear trees, and encapsulation in the crawl space... Come with your ideas and put your finishing touches on.
Highlights
(ACTIVE)
Summary
- MLS Number: DESU2078246
- MLS Name: BRIGHT
- Office Name: USRealty.com LLP
- Office Phone: (866) 807-9087
- Office Email: info@usrealty.com
- Listing Agent: David M Sweeney
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Last updated on: 2/10/2025, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,900
360 Bay Ave
$8,311
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $15,050 | $806 |
2023 | $15,050 | $836 |
2022 | $15,050 | $824 |
2021 | $15,050 | $833 |
2020 | $15,050 | $836 |
History based on county public records data.
Nearby schools
4
Mispillion Elementary School
Public District 1-5
5.9 mi
•311 Lovers Ln
7
Ross (Lulu M.) Elementary School
Public District 1-5
6.0 mi
•310 Lovers Ln
6
Banneker (Benjamin) Elementary School
Public District 1-5
6.8 mi
•449 North St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,948. Typical income of Milford, DE residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 360 Bay Ave
This home is located at 360 Bay Ave in Milford, DE and zip code 19963. This 2,416 square foot home, which was built in 1974, sits on a 0.70 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $699,900.
While more than 3 listings in Milford, DE in January 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. Between December and January 2025, Milford, DE real estate market has seen decrease in the number of listings by 4.7%. Listings spent 51 days on the market in January 2025, and had a median list price of $350,000 during the same period.