BEDS10
BATHS4 full 1 partial
SQUARE FEET3,300
MLS#DESU2111314
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSOUTH REHOBOTH
SCHOOLCAPE HENLOPEN
Property 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!
Property Features
Property Type: Residential - Single Family
Cooling: Central A/C
Fireplaces: 1
Fuel Type: Solar, Electric
Heating: Heat Pump - Electric BackUp
Home Style: Coastal, Cottage
Lot Size: 0.12 Acres
Roof Type: Architectural Shingle
Stories: 2.0
Taxes: $5,752
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Building Name: NONE AVAILABLE
Days on Site: 15
Exterior: Frame
Fencing: Privacy
Fireplace: Brick
Flooring: Wood, Carpet, Ceramic Tile
Lake Name: Altantic Ocean
Location: Downtown
Lot Dimensions: 0.12 Acre(S)
Parking Notes: 4 Total Parking Spaces
Pet Restrictions: Cats OK, Dogs OK
Sewer: Public Sewer
SQFT Above Finished: 3300
SQFT Total Finished: 3300
Structure Type: Detached
Total Garage/Parking Spaces: 4
Water: Public
Water Access: Public Beach
Local Schools
High School: CAPE HENLOPEN
Middle School: BEACON
Elementary School: REHOBOTH
School District: CAPE HENLOPEN
Listed By / Shown By
Listed By
Agency Name: Monument Sotheby's International Realty
Agency Phone: 3022276767
Shown By
Agent Name: Ketanya Moore
Agent Phone:
Agency Title: Maverick Realty, LLC
Estimate Your Payment
Estimated Payment
$ 8,660.09 per month $7,232.87 Principal & Interest $479.33 Property Tax $947.89 Homeowner's Insurance
16 Delaware Avenue | MLS# DESU2111314
This single family home located at 16 Delaware Avenue, Rehoboth Beach, DE 19971 is currently listed for sale with an asking price of $3,249,900. This property was built in 1900 and has 10 bedrooms and 4 full and 1 partial baths with 3300 sq. ft. Delaware Avenue is located in the SOUTH REHOBOTH subdivision within the CAPE HENLOPEN school district. Search SOUTH REHOBOTH real estate on ksmoore.maverickrealtyusa.com today.