5204 Brown StMilford, DE 19963

Property Details for 5204 Brown St

Lot size

8.34 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 8.34-acre waterfront property in Milford, Delaware, presents a unique investment opportunity. Boasting over 500 feet of dock space with water and electricity, and approximately 1,000 feet of Mispillion River frontage, it offers quick access to the Delaware Bay. The property includes a home with nearly 360-degree water views, a primary suite with a walk-in closet and private balcony, a gas fireplace, vaulted ceilings, hardwood floors on the first floor, and a convenient first-floor bedroom. Outdoor amenities include three RV hook-up areas with expansion potential, a pavilion, a Tiki bar, ample parking, and a large outbuilding for boat storage. Two golf carts are included. A newer roof (installed within the past two years) carries a transferable warranty. The property is located minutes from Milford, offering convenient access to shopping, dining, Route 1, Delaware Bay beaches (10 minutes), and Delaware resort beaches (30 minutes). With no HOA restrictions, various income-generating possibilities exist, including Airbnb, Hipcamp, boat dock rentals, and RV/boat storage. The property is within city limits, and zoning changes may be required depending on the intended commercial use. This is a rare opportunity to own a private waterfront resort with significant income potential. The property's combination of luxury, privacy, and commercial potential makes it a truly unique offering.

Location Insight

City

Milford

County

Sussex

State

Delaware

Latitude

38.9171

Longitude

-75.4079

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