Primary on Main - Eco Friendly
Listed By:
Michael Reamy Jr with Monument Sotheby's International Realty - 3022276767;
Address
16 Delaware Avenue, Rehoboth Beach, DE
Price
$ 3,249,900
Property Attributes
  • MLS#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
AVG $1.96M
$3.25M
Taxes
AVG $2,555
$5,752
Year Built
AVG 1998
1900
Visits
AVG 439
110
Data Provided by Inside Real Estate®

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