About This Home

This 3-bedroom, 2-bathroom condo at 12 WILMINGTON Avenue #7 in Rehoboth Beach, DE is listed for $1,375,000 ($904 per sqft). Built in 1960, the home offers 1,521 sqft of living space on a N/A lot.

Key Features

  • Built in 1960
  • 2 stories

Property Details

2 stories
2 full
#7
1960

Amenities

A/C
Listing Description

NEW PRICE!! Rare opportunity in the heart of downtown Rehoboth Beach on the ocean block of Wilmington Avenue. This condominium unit offers a unique mixed-use setup featuring a first-floor commercial space and a spacious second-level 3-bedroom, 2-bath residential condo with private rear stair access.

Ideally located just steps to the beach, boardwalk, restaurants, shopping, and entertainment. Recent updates have been completed while still offering potential for customization and value-add opportunities. Property is being sold as-is. Exceptional opportunity for investment, rental income, business use, or personal enjoyment in one of Rehoboth Beach's most sought-after locations.

PACKAGE INVESTOR ALERT, UNIT CAN BE PURCHASED WITH 12 WILMINGTON AVE, A/B COMMERCIAL SPACE WITH UNIT 7 CONDO ABOVE IN FRONT BUILDING, PLUS UNIT 2 & 3 EFFICIENCY UNITS IN REAR BUILDING.

Monthly Cost Estimate

$8,954/mo

20% down · 6.5% · 30 years

Principal$994
Interest$5,958
Insurance$401
HOA$1,600

Estimates only. Actual payments may vary.

Location

12 WILMINGTON Avenue #7

Rehoboth Beach, DE 19971

REHOBOTH BEACH

Features & Amenities

Interior Features

Bathroom - Walk-In ShowerBreakfast AreaCarpetCombination Kitchen/DiningWindow Treatments

Property Details

Construction

Asphalt Concrete Masonry

Heating

Heat Pump (Heating)

Cooling

Central Air

Appliances

DishwasherMicrowaveOven/Range - ElectricRefrigeratorWasher/Dryer StackedWaterHeater

Questions & Answers

This 3-bedroom, 2-bathroom condo at 12 WILMINGTON Avenue is listed at $1,375,000 ($904/sqft). The estimated monthly payment is $8,954 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1600/month.

Key features include: Built in 1960, 2 stories. Interior Features: Bathroom - Walk-In Shower, Breakfast Area, Carpet.

This property is listed by MICHAEL RODRIGUEZ.

MR

MICHAEL RODRIGUEZ

License RS-0017904

Agent at Jack Lingo Realtor, Inc.

Listed by Jack Lingo Realtor, Inc. · Broker phone: (302) 226-6407 · View on Broker Site · Broker website

MLS# DESU2112082· Source: Bright MLS· 162 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12 WILMINGTON Avenue #7, Rehoboth Beach, DE 19971

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