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 | 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 Beach’s 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-aft 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 | 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 Beach’s 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 flexibility—ideal 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, you’re moments from the many of Rehoboth’s 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 you’re 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!Property 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
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:
02/19/2026 03:12:01
# of Day on Market:
259 Days
FINANCE INFO
List Price:
$3,299,000
Annual Property Tax:
$3,414
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.