16 Delaware Ave, Rehoboth Beach, DE 19971
Local realty services provided by:Mountain Realty ERA Powered
Listed by: michael reamy jr
Office: monument sotheby's international realty
MLS#:DESU2111314
Source:BRIGHTMLS
Price summary
- Price:$3,249,900
- Price per sq. ft.:$984.82
About this home
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!...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:DESU2111314
- Added:59 day(s) ago
- Updated:July 05, 2026 at 02:21 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Flooring:Carpet, Ceramic Tile, Wood
- Living area:3,300 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Heat Pump - Electric BackUp, Solar
Structure and exterior
- Roof:Architectural Shingle
- Year built:1900
- Building area:3,300 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Downtown
- Architectural Style:Coastal, Cottage
- Construction Materials:Frame
- Foundation Description:Crawl Space
- Levels:2 Stories
Schools
- High school:CAPE HENLOPEN
- Middle school:BEACON
- Elementary school:REHOBOTH
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,249,900
- Price per sq. ft.:$984.82
- Tax amount:$5,752 (2025)
Features and amenities
- Laundry features:Dryer In Unit, Washer In Unit
New listings near 16 Delaware Ave
- New
$437,700Active2 beds 2 baths968 sq. ft.3500 Sanibel Cir #3516, REHOBOTH BEACH, DE 19971
MLS# DESU2115470Listed by: RE/MAX REALTY GROUP REHOBOTH - Coming Soon
$699,000Coming Soon3 beds 2 baths35440 Conwell Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2115480Listed by: RE/MAX REALTY GROUP REHOBOTH
$1,295,000Pending3 beds 2 baths1,232 sq. ft.212 State Rd, REHOBOTH BEACH, DE 19971
MLS# DESU2114940Listed by: JACK LINGO - REHOBOTH- Coming Soon
$210,000Coming Soon3 beds 2 baths21205 St #m-32, REHOBOTH BEACH, DE 19971
MLS# DESU2115370Listed by: SEA BOVA ASSOCIATES INC. - Coming Soon
$399,000Coming Soon2 beds 2 baths6 Breakwater Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2115476Listed by: RE/MAX REALTY GROUP REHOBOTH - New
$169,900Active3 beds 2 baths1,444 sq. ft.19948 Atlantic Ave, REHOBOTH BEACH, DE 19971
MLS# DESU2115394Listed by: MCWILLIAMS/BALLARD, INC.
$86,000Active3 beds 2 baths1,248 sq. ft.36298 Marsh Rd, REHOBOTH BEACH, DE 19971
MLS# DESU2112130Listed by: SEA BOVA ASSOCIATES INC.- New
$2,950,000Active13 beds 15 baths34 6th St, REHOBOTH BEACH, DE 19971
MLS# DESU2114844Listed by: MONUMENT SOTHEBY'S INTERNATIONAL REALTY - New
$379,000Active2 beds 2 baths1,038 sq. ft.200 Pebble Dr #204, REHOBOTH BEACH, DE 19971
MLS# DESU2115242Listed by: KELLER WILLIAMS REALTY - New
$2,699,000Active5 beds 5 baths4,829 sq. ft.29 Eleanor Lee Ln E, REHOBOTH BEACH, DE 19971
MLS# DESU2112668Listed by: MONUMENT SOTHEBY'S INTERNATIONAL REALTY