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MLS: #DESU2111314, Listed By: Michael Reamy Jr, Monument Sotheby's International Realty, Source:Bright MLS

16 Delaware Avenue

REHOBOTH BEACH, DE 19971
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Bed 10

Bed

Bath 5

Bath

SqFt3,300

Sqft

Acres0.12

Acre(Lot)

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 ad ditional 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!

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Detail Ic Property Details

Property Type : Residential

Price : $3,249,900

AD Id : 78032645

MLS Id : DESU2111314

Beds : 10

Lot Size : 0.12 Acre

Living Area Size : 3,300

Year Built : 1900

County : SUSSEX

Subdivision: South Rehoboth

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 5 Full Baths: 4 Half Baths: 1

    Room Information

    Basement: Crawl Space
  • Flooring Information

    Wood, Carpet, Ceramic Tile
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Electric Water Heater, Washer, Solar Hot Water, Dryer Laundry Features: Main Level
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Active Solar, Heat Pump Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1900 Building Area Total: 3300 Construction Materials: Frame Stories: 2 Pool Features: None Private Pool: No Water front Features: Ocean Front, Beach Access

  • Lot Information

    Lot Dimensions: 50x100 Lot Size Acres: 0.12 Lot Size Source: Estimated Lot Size Square Feet: 5000

    Property Information

    Subdivision: SOUTH REHOBOTH Source Property Type: Residential Postal Code Plus 4: 2904 Property SubType: Single Family Residence Direction Faces: North Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $3249900

  • Tax Information

    Parcel Number: 334-14.18-64.00 Tax Lot: 16 Tax Year: 2025 Annual Tax: $5752

  • Parking Information

    Parking Total: 4 Driveway

    Garage Information

    Pets Allowed: Cats OK, Dogs OK, Yes

  • School Information

    Elementary School: REHOBOTH
    Junior High School: BEACON
    Senior High School: CAPE HENLOPEN
  • Utility Information

    Cable Available
  • Location Information

    Direction: From Rehoboth Avenue, take right onto first street and left onto Delaware. Both homes are on the right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
24 Houston Street, Rehoboth Beach, DE, 19971 $4,700,000 5 6 1,004 1,004 SqFt
208 Salisbury Street, Rehoboth Beach, DE, 19971 $2,850,000 3 2 2,400 2,400 SqFt
20994 Dodd Avenue, Rehoboth Beach, DE, 19971 $949,000 4 2 1,296 1,296 SqFt
21089 Elizabeth Avenue, Rehoboth Beach, DE, 19971 $1,799,000 2 1 812 812 SqFt
21095 Elizabeth Avenue, Rehoboth Beach, DE, 19971 $1,999,000 4 3 808 808 SqFt
505 King Charles Avenue, Rehoboth Beach, DE, 19971 $4,195,000 4 5 2,500 2,500 SqFt
527 N Boardwalk #205, Rehoboth Beach, DE, 19971 $1,190,000 2 2 1,340 1,340 SqFt
527 N Boardwalk #202, Rehoboth Beach, DE, 19971 $2,474,999 3 3 1,670 1,670 SqFt
38312 James A Street, Rehoboth Beach, DE, 19971 $1,575,000 4 4 2,320 2,320 SqFt
805 Bayard Avenue, Rehoboth Beach, DE, 19971 $3,899,000 5 6 --

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ByOwner last updated this listing 06/11/2026 @ 01:18

MLS: DESU2111314 LISTED BY: Michael Reamy Jr, Monument Sotheby's International Realty 302-227-6767 SOURCE: Bright MLS

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