About This Home

This 3-bedroom, 2-bathroom mobile home at 502 5TH Street in Rehoboth Beach, DE is listed for $375,000 ($258 per sqft). Built in 1980, the home offers 1,456 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1980
  • 0.23 acre lot
  • 4 parking spaces
  • Fireplace

Property Details

1 story
1 full, 1 half
4 spaces
1980

Amenities

FireplaceA/C
Listing Description

Don't miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach.

The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts . For investors or builders, the property presents additional possibilities.

Subject to approvals, there is potential to re-establish the property line, remove the existing home, and construct two new homes-an excellent redevelopment opportunity in an area experiencing continued growth . There is no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS.

Monthly Cost Estimate

$2,006/mo

20% down · 6.5% · 30 years

Principal$271
Interest$1,625
Insurance$109

Estimates only. Actual payments may vary.

Location

502 5TH Street

Rehoboth Beach, DE 19971

TRU VALE ACRES

Property Details

Construction

Modular/Manufactured

Parking

Driveway

Heating

Heat Pump (Heating)

Cooling

Central Air

Appliances

DishwasherRefrigeratorOven/Range - Electric

Questions & Answers

This 3-bedroom, 2-bathroom mobile home at 502 5TH Street is listed at $375,000 ($258/sqft). The estimated monthly payment is $2,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.23 acre lot, 4 parking spaces, Fireplace.

This property is listed by Jeffrey Fowler-Gray.

JF

Jeffrey Fowler-Gray

License RS-0015216

Agent at Keller Williams Realty

Listed by Keller Williams Realty · Broker phone: (302) 228-5143 · View on Broker Site · Broker website

MLS# DESU2109908· Source: Bright MLS· 152 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

502 5TH Street, Rehoboth Beach, DE 19971

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