ddMLS # DESU2087708
16 delaware ave, Rehoboth Beach, DE 19971
$3,299,000
Single Family Home
Charming Turn-of-the-Century Cottage with Significant Income Potential – Just Steps from theRehoboth Beach Boardwalk
Main House: 7 Bedrooms | 3.5 Baths -
Guest House: 3 Bedrooms | 1 Bath -
Two Rental Licenses | Six-Figure Annual Income
Nestled on the ocean block of one of Rehoboth’s most iconic locations, 16 Delaware Avenue is a rare opportunity to own a piece of coastal history just steps from the iconic boardwalk and sandy beaches. This charming turn-of-the-century cottage offers classic character and exceptional investme Read More
Property Summary
Status:
Active
MLS #:
DESU2087708
Street Address:
16 Delaware Ave
City, State Zip:
Rehoboth Beach, DE 19971
County:
Sussex
Community:
South Rehoboth
Type:
Single Family Home
Area:
3,300 Sq Ft
Price
$3,299,000
Beds:
10
Baths:
4 Full / 1 Half
Garage:
0
Year Built:
1914
# of Stories:
2
Style:
Coastal, Cottage
Property Description
Charming Turn-of-the-Century Cottage with Significant Income Potential – Just Steps from theRehoboth Beach Boardwalk Main House: 7 Bedrooms | 3.5 Baths - Guest House: 3 Bedrooms | 1 Bath - Two Rental Licenses | Six-Figure Annual Income Nestled on the ocean block of one of Rehoboth’s most iconic locations, 16 Delaware Avenue is a rare opportunity to own a piece of coastal history just steps from the iconic boardwalk and sandy beaches. This charming turn-of-the-century cottage offers classic character and exceptional investment potential in the heart of Rehoboth Beach. The main house features 7 spacious bedrooms and 3.5 baths, and a new kitchen perfect for large gatherings or multiple tenants. In addition, a detached guest house offers 3 bedrooms and 1 full bath, ideal for overflow guests or an additional rental stream. With two active rental licenses, the property is a proven income generator, already bringing in six figures annually with low operating costs given the newly installed solar array. There’s additional upside: with thoughtful updates and enhancements, rental income could easily double, as demonstrated by comparable nearby properties. Whether you're looking for a full-time beach retreat, a vacation getaway, or a high-performing investment, this property offers the flexibility and location that discerning buyers seek. Enjoy morning strolls along the boardwalk, easy access to shops and restaurants, and a home filled with vintage charm and modern potential. Bonus Opportunity: This home can also be purchased in combination with neighboring 18 Delaware Avenue (MLS# DESU2087710), offering a rare chance to own a 100x100 foot compound in one of the most sought-after locations in Rehoboth Beach. Whether you're looking for a private family estate or a high-performing vacation rental portfolio, the possibilities here are truly unique. Don’t miss this exceptional opportunity in the heart of Rehoboth BeachProperty Details
Bedrooms
Total Bedrooms:
10
BATHROOMS
Bath - Full:
4
Bath - Half:
1
Total Baths:
5
OTHER ROOMS
Total Rooms:
0
Flooring:
Carpet, Ceramic Tile
Furnished:
No
Accessibility:
None
Elevator:
No
Extra Unit:
Coastal,Cottage
HEATING & COOLING
Cooling:
Central A/C
Heating:
Heat Pump - Electric BackUp
Fireplace:
Yes - Brick
UTILITES
- Public
- Public Sewer
POOL & SPA
Pool: None
BUILDING & CONSTRUCTION
Style:
Coastal, Cottage
Floors:
2
Construction Type:
Crawl Space
Exterior Type:
Frame, Aluminum Siding
Foundation:
Crawl Space
Roofing:
Architectural Shingle
Views:
None
Lot Sq Ft:
5029
Waterfront:
No
GARAGE & PARKING:
# of Garage Spaces:
0
Parking:
Driveway
SCHOOL INFORMATION
School District:
Cape Henlopen
OTHER PROPERTY INFO
City:
Rehoboth Beach
Area:
Lewes Rehoboth Hundred (31009)
Subdivision:
South Rehoboth
In City Limits:
Yes
Map Section:
East of Rt 1
New Construction:
No
Historic Distict:
No
Last Price Change:
06/08/2025 11:59:10
# of Day on Market:
3 Days
FINANCE INFO
List Price:
$3,299,000
Annual Property Tax:
$1,546
HOA Fees:
$0
Condo Fees:
$0
Financing Type:
Cash, Conventional
LISTING FIRM
Listed By:
Monument Sotheby's International Realty
Listing Firm Phone:
2147483647
ASK A QUESTION
Call us at 302-344-9002 or use the form below to contact us regarding this property or to request a private showing.