About This Home
This 7-bedroom, 3-bathroom single family at 18 DELAWARE Avenue in Rehoboth Beach, DE is listed for $2,799,900 ($1,321 per sqft). Built in 1899, the home offers 2,119 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1899
- 0.11 acre lot
- 3 stories
- 2 parking spaces
Property Details
Amenities
OCEAN BLOCK LOCATION MEETS TIMELESS COASTAL CHARACTER in this updated turn-of-the-century beach cottage just steps from the sand, Rehoboth Beach Boardwalk & Funland, bandstand, and premier dining and shopping on Rehoboth Avenue. Situated in desirable South Rehoboth, this classic residence offers 5+ bedrooms across two levels, making it ideal for hosting large family gatherings or maintaining a high-capacity vacation rental.
Highlights include an expansive screened front porch perfect for catching ocean breezes, a spacious main-level living room, dedicated dining space, sunroom opening to a rear patio, and a primary bedroom on the second floor complete with a private balcony.
The property also features an unfinished 863 sq. ft. walk-up attic offering immense expansion potential. Currently generating approximately $65,000 in rental income with strong upside, town guidelines for FAR and lot coverage provide flexibility to remodel, and/or expand. Whether envisioned as a family beach retreat, a high-yield rental investment, or a historic project, this is a distinct opportunity in one of Rehoboth's most coveted locations.Call today!
Monthly Cost Estimate
$14,974/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
18 DELAWARE Avenue
Rehoboth Beach, DE 19971
SOUTH REHOBOTH
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 3-bathroom single family at 18 DELAWARE Avenue is listed at $2,799,900 ($1,321/sqft). The estimated monthly payment is $14,975 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1899, 0.11 acre lot, 3 stories, 2 parking spaces. Interior Features: Attic, Bathroom - Walk-In Shower, Built-Ins.
This property is listed by Lee Ann Wilkinson and can be reached at 3026456664.
Lee Ann Wilkinson
License RA-0002064Agent at Berkshire Hathaway HomeServices PenFed Realty
(302) 645-6664
