608 NE Front & Rehoboth Blvd, Milford, DE 19963
SHOVEL READY | MULTIFAMILY ZONED LAND | FULLY APPROVED FOR 100 UNITS
Marketing description
Great development opportunity in Milford, DE!
Site and building plans have been pre-approved by the City of Milford for immediate construction. The site is approved for 102 units to be designed by the developer. The site plan is approved, builder to design and submit construction drawings.
Phase 1 Completed, Phase 2 Completed - Very shovel ready
Discover the remarkable potential of this waterfront property, where dreams of marina access and recreational serenity can become a reality for all your renters. Detailed drawings reveal excellent prospects for water access, making this an ideal location for boating enthusiasts and nature lovers alike.
Conveniently, the entrance to the property has already been constructed and officially signed off by DelDot, this paved approach not only enhances accessibility but also signifies the dedication to quality that has gone into developing this unique land.
Most enticingly, there's no cost burden to the buyer for the land improvements carried out by the Owner. This translates to significant savings and less hassle as you make this property your developmental ideas. All that's missing is your vision. Don’t miss this exceptional opportunity to invest and create a wonderful community!
Commission - Buyer to pay 5% Commission to seller.
Investment highlights
This property is ready to go. Bring your unit designs! The hard work has already been done.
Perfect for low-rise apartments — five 2-story buildings. 100 units in all.
Great access to Route 1 North and South. Very short distance to Route 113.
Close to the Delaware Beaches.
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