USADERehoboth BeachSouth Rehoboth16 Delaware Ave

Virtual Tour

$3,299,000

For Sale

9 months ago

16 Delaware Ave, Rehoboth Beach, DE

House

MLS® DESU2087708

10 Bed

5 Bath

3300 sqft

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 3300 sqft

Garage No

Taxes $3,414

Days Active 265

Lot Size 0.12 acres

Approx. Age 1914

Avg. Price Per Sqft $999

MLS® Number DESU2087708

Property Address: 16 Delaware Ave, REHOBOTH BEACH, DE, 19971-2904

Average square foot calculated using Size range provided by listing agent.

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!

MLS® NumberDESU2087708

Laundry Level

Central VacNo

FireplaceNo

Acreage0.12

Exterior

GarageNo

Approx. Age1914

Basement

DrivewayDriveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 6, 2025List Date

$3,299,000List Price

Commute

Commute

Starting Address

Destination Address

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