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House Rehoboth Beach (United States)by monument sotheby's international realty

HouseRehoboth Beach (United States)
Price :
$3,249,900
bedrooms10 bathrooms5 land465

Why this property will seduce you

  • Prime Ocean Block Location: Iconic street, steps from beach and boardwalk.
  • Exceptional Income Potential: Two rental licenses, six-figure annual revenue generator.
  • Historic Coastal Charm: Turn-of-the-century cottage with significant upside potential.
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!
Advertiser reference : 762FMRLe Figaro Properties reference : 102594071

Its assets

  • Spa
  • Fireplace

In detail

* : Information not provided by the advertiser

House Rehoboth Beach (United States)

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Michael Reamy

monument sotheby's international realty
18949 Coastal Highway Suite 30419971 Rehoboth Beach (United States) All the listings of this agency

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