Address
16 Delaware Avenue, Rehoboth Beach, DE
Price
$ 3,249,900
Property Attributes
- ID#DESU2111314
- TypeSingle Family
- Listing Status ACTIVE
- CountySUSSEX
- CityRehoboth Beach
- AreaLewes Rehoboth Hundred
- NeighborhoodSouth Rehoboth
- Zip19971
- StyleCoastal,Cottage
- Year Built1900
- Taxes$ 5752
- Price$ 3,249,900
- Bedrooms10
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage3300
- Lot Size0.12 Acres
Data Source:
Bright MLS
Property Description
Charming Turn-of-the-Century Cottage with Significant Income Potential | Ocean Block | 7BR Main House + 3BR Guest House | Two Rental Licenses | Six-Figure Annual Income Perfectly positioned on the ocean block of one of Rehoboth Beachs most iconic streets, 16 Delaware Avenue offers a rare opportunity to own a true coastal classic just steps from the Boardwalk, Funland, the beach and Atlantic Ocean. This charming turn-of-the-century cottage blends historic character with exceptional income potential in one of the most sought-after locations in town. The main house features 7 spacious bedrooms and 3.5 baths, along with a newly renovated kitchen designed to accommodate large gatherings, extended family stays, or multiple tenants with ease. A detached 3-bedroom, 1-bath guest house provides additional flexibilityideal for overflow guests or a second income stream. With two active rental licenses, the property is a proven performer, currently generating six-figure annual income. Operating costs remain attractively low thanks to a newly installed solar array. Even more compelling, there is substantial upside potential: with thoughtful cosmetic updates and strategic enhancements, rental income could increase significantly, as supported by comparable ocean-block properties nearby. The lifestyle here is just as impressive as the numbers. From your front porch, youre moments from the many of Rehoboths most celebrated dining destinations, including Henlopen City Oyster House, Salt Air, Dalmata, Fable, Confucious, Above the Dunes, Purple Parrot, and Dogfish Head. Morning coffee runs, sunset cocktails, and dinner reservations are all part of daily life at this address. Whether youre seeking a legacy beach home, a high-performing investment property, or a flexible retreat that delivers both personal enjoyment and strong returns, 16 Delaware Avenue offers an extraordinary combination of location, character, and opportunity. Opportunities on the ocean block for larger compounds are extremely rare!
| Elementary School | Middle School | High School |
|---|---|---|
| Rehoboth Elementary School | Beacon Middle School | Cape Henlopen High School |
| Price History | |
|---|---|
| 5/7/2026 | Listed $3,249,900 |
General Features
| Living Area | 3300 |
|---|---|
| Sewer | Public Sewer |
| Heating | Heat Pump - Electric BackUp |
| Cooling | Central A/C |
| Possession | 0-30 Days CD |
| Roof | Architectural Shingle |
| Zoning | TN |
| Architectural Style | Coastal,Cottage |
| Construction Materials | Frame |
| School District | CAPE HENLOPEN |
| Exclusions | Art and staging items |
| Year Built | 1900 |
| Levels | 2 |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Cool Fuel | Solar Photovoltaic,Electric |
| Building Name | NONE AVAILABLE |
| Accessibility | None |
| County | SUSSEX |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | SOUTH REHOBOTH |
| Facing Direction | North |
| Garage Y/N | No |
| Water Access Y/N | Yes |
| Green Energy Generation | PV Solar Array(s) Owned |
| Other Structures | Above Grade,Below Grade |
| Full Baths | 4 |
| Status | ACTIVE |
| Directions | From Rehoboth Avenue,take right onto first street and left onto Delaware. Both homes are on the right. |
| City | REHOBOTH BEACH |
| Body of Water | Altantic Ocean |
| Disclosures | Lead Based Paint - Federal,Prop Disclosure,Radon |
| Senior Community Y/N | No |
| MLS Area | Lewes Rehoboth Hundred (31009) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5000.00 |
| Tax Assessed Value | 2221600.0 |
| Tax Annual Amount | 5752.0 |
| Home Warranty Y/N | No |
| Property Condition | Good |
| Structure Type | Detached |
| Floors In Unit Count | 2 |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Full Main Level | 2 |
| Bathrooms Count Main Level | 3.00 |
| Price Per Sq Ft Total AG | 984.82 |
| Acceptable Financing | Cash,Conventional |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | Yes |
| Virtual Tour | https://www.zillow.com/view-imx/ef2e294a-b32f-4199-a89d-bfe24d3c31af?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Total SQFT | 3300 |
| Location Type | Downtown |
| Sussex DE Quadrants | East of Rt 1 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | SOUTH REHOBOTH |
| Tax Lot | 16 |
| Total Actual Rent | 120000.00 |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Solar,Electric |
|---|---|
| Flooring | Wood,Carpet,Ceramic Tile |
| Total Fireplaces | 1 |
| Fireplace Features | Brick |
| Hot Water | Solar,Electric |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 3300 |
| Half Baths | 1 |
| Central Air Y/N | Yes |
| Total Bedrooms | 10 |
| Entry Level | 1 |
| Main Level Bedrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Laundry Type | Main Floor,Washer In Unit,Dryer In Unit |
| Bedrooms Count All Lower Levels | 3 |
| Bedrooms Count All Upper Levels | 5 |
| Bedrooms Count Lower Level 1 | 3 |
| Bedrooms Count Upper Level 1 | 5 |
| Bathrooms Half Main Level | 1 |
| Bathrooms Full Upper Level 1 | 1 |
| Bathrooms Full Lower Level 1 | 1 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Full All Lower Levels | 1 |
| Bathrooms Count Upper Level 1 | 1.00 |
| Bathrooms Count Lower Level 1 | 1.00 |
| Bathrooms Count All Upper Levels | 1 |
| Bathrooms Count All Lower Levels | 1 |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 5 |
Exterior Features
| Pool | No Pool |
|---|---|
| Fencing | Privacy |
| Water Source | Public |
| Inclusions | Furnishings as shown |
| Total Parking Spaces | 4 |
| Type of Parking | Driveway |
| Land Use Code | RS |
| Foundation Details | Crawl Space |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 50x100 |
| Lot Size Acres | 0.12 |
| Water Body Type | Ocean |
| Lot Size Source | Estimated |
| Waterfront Y/N | No |
| Water Access Features | Public Beach |
| Horse Y/N | No |
| Land Assessed Value | 1684600.00 |
| Navigable Water Y/N | Yes |
| Water Oriented Y/N | Yes |
| LotDimensionsSource | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 19971
Price
Taxes
Year Built
Visits
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