16 DELAWARE AVE, Rehoboth Beach, DE 19971
16 DELAWARE AVE, Rehoboth Beach, DE 19971,Video Tour
16 DELAWARE AVE, Rehoboth Beach, DE 19971
70
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Listed by Michael Reamy Jr • Monument Sotheby's International Realty
$3,249,900
Est. payment /mo
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10 Beds
5 Baths
3,300 SqFt
Active

16 DELAWARE AVE Rehoboth Beach, DE 19971

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $984

Subdivision South Rehoboth

MLS Listing ID DESU2111314

Style Coastal,Cottage

Bedrooms 10

Full Baths 4

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 3,300

Year Built 1900

Annual Tax Amount $5,752

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.12

Lot Dimensions 50x100

Property Sub-Type Detached

Source BRIGHT

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!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Direction North

Rooms

Main Level Bedrooms 2

Interior

Hot Water Solar, Electric

Heating Heat Pump - Electric BackUp

Cooling Central A/C

Flooring Wood, Carpet, Ceramic Tile

Fireplaces Number 1

Fireplaces Type Brick

Inclusions Furnishings as shown

Fireplace Y

Heat Source Solar, Electric

Laundry Main Floor, Washer In Unit, Dryer In Unit

Exterior

Garage Spaces 4.0

Fence Privacy

Water Access Y

Water Access Desc Public Beach

Roof Type Architectural Shingle

Accessibility None

Total Parking Spaces 4

Garage N

Building

Story 2

Foundation Crawl Space

Above Ground Finished SqFt 3300

Sewer Public Sewer

Water Public

Architectural Style Coastal, Cottage

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Other,Wood Walls

New Construction N

Schools

Elementary Schools Rehoboth

Middle Schools Beacon

High Schools Cape Henlopen

School District Cape Henlopen

Others

Pets Allowed Y

Senior Community No

Tax ID 334-14.18-64.00

Ownership Fee Simple

SqFt Source 3300

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

Virtual Tour https://www.zillow.com/view-imx/ef2e294a-b32f-4199-a89d-bfe24d3c31af?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Bright MLS (BMLS)

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Matthew Curcio

Matthew Curcio

Broker Associate & Team Leader | License ID: 0121845

+1(856) 207-7592

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16 DELAWARE AVE

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