360 BAY Avenue, MILFORD, DE 19963

Great opportunity! Unique beach property zoned COMMERCIAL/ RESIDENTIAL with Lots of updates, high ground, next to Pickleball Court; new County assessment $926,000! Investors: Highest ground in Slaughter Beach! Owner currently has not had flood insurance for almost 10 years... Sewer is coming to Slaughter Beach! Funding is complete! Planning/development is underway! Construction is scheduled to begin soon. Enjoy a postcard-like lifestyle with beautiful scenery and privacy, a quiet beach across the street, a park next door with newly resurfaced Pickle Ball, 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 in the USA. 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 air bnb, and/or make a business. Parcel is also big enough to present opportunities for re-development in the future, especially with sewer on the way. Or just live comfortably with the updated interior and exterior that includes new bathroom, 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. "As is" Sale. 1 Yr. owner financing with 50% Down, WON'T LAST LONG!