- 10 beds
- 5 baths
- 3,300 sqft
- 5,029 sqft lot
- $999 per sqft
- 1914 build
Charming Turn-of-the-Century Cottage with Income Potential – Just Steps from Rehoboth Beach Boardwalk Main House: 7 Bedrooms | 3.5 Baths - Guest House: 3 Bedrooms | 1 Bath - Two Rental Licenses | Six-Figure Annual Income Nestled on the ocean block of one of Rehoboth’s most iconic locations, 16 Delaware Avenue is a rare opportunity to own a piece of coastal history just steps from the iconic boardwalk and sandy beaches. This charming turn-of-the-century cottage offers classic character and exceptional investment potential in the heart of Rehoboth Beach. The main house features 7 spacious bedrooms and 3.5 baths, and a new kitchen perfect for large gatherings or multiple tenants. In addition, a detached guest house offers 3 bedrooms and 1 full bath, ideal for overflow guests or an additional rental stream. With two active rental licenses, the property is a proven income generator, already bringing in six figures annually with low operating costs given the newly installed solar array. There’s additional upside: with thoughtful updates and enhancements, rental income could easily double, as demonstrated by comparable nearby properties. Whether you're looking for a full-time beach retreat, a vacation getaway, or a high-performing investment, this property offers the flexibility and location that discerning buyers seek. Enjoy morning strolls along the boardwalk, easy access to shops and restaurants, and a home filled with vintage charm and modern potential. Bonus Opportunity: This home can also be purchased in combination with neighboring 18 Delaware Avenue (MLS# DESU2087710), offering a rare chance to own a 100x100 foot compound in one of the most sought-after locations in Rehoboth Beach. Whether you're looking for a private family estate or a high-performing vacation rental portfolio, the possibilities here are truly unique. Don’t miss this exceptional opportunity in the heart of Rehoboth Beach
Last checked:
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Last updated Jun 7, 2025
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MLS# DESU2087708 —
Upcoming Open Houses
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Saturday, 6/7
11am-2pm
The Building
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Year Built:1914
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Year Built Source:Estimated
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Frame, Aluminum Siding
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Building Name:None Available
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Structure Type:Detached
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Architectural Style:Coastal, Cottage
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Levels:2
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Main Entrance:North
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Entry Floor Number:1
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Accessibility Features:None
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Foundation Details:Crawl Space
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:3300
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Estimated
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Below Grade Unfinished SqFt Source:Estimated
Interior
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Room List:Additional Bedroom
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Floors In Unit:2
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Flooring Type:Carpet, Ceramic Tile
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Fireplace:Yes
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Fireplaces:1
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Fireplace Features:Brick
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Wall & Ceilings:Wood Walls, Other
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3300
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Living Area SqFt:3,300 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:0-30 Days CD
Location
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Directions:From Rehoboth Avenue, take right onto first street and left onto Delaware. Both homes are on the right.
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Latitude:38.71458093
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Longitude:-75.07747219
The Property
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Property Type:Residential
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.12
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Lot Size Source:Estimated
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Lot SqFt:5,029 Sqft
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Exclusions:Art and staging items
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Zoning:TN
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:RS
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 227-6767
- Office phone:
- (302) 227-6767
Taxes
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Tax ID Number:334-14.18-64.00
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Tax Year:2019
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Tax Lot:16
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Tax Annual Amount:$1,546
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Year Assessed:2019
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School Tax:1128.0
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County Tax:118.00
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City/Town Tax:300.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:10
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Bedrooms Main Level:10
Baths
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Total Baths:5
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Full Baths:4
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Half Baths:1
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Main Level Baths:5.00
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Main Level Full Baths:4
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Main Level Half Baths:1
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump - Electric BackUp
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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Elementary School:Rehoboth
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Middle School:Beacon
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High School:CAPE HENLOPEN
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School District Name:Cape Henlopen
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School District Source:Listing Agent
The Community
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Subdivision Name:South Rehoboth
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Senior Community:No
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:Driveway
Extra Units
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Vacation Rental:Yes
Monthly cost estimate

Asking price
$3,299,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$17,665
|
Taxes | $128 |
Insurance | $907 |
Utilities | $276 See report |
Total | $18,976/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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6/6/25
Jun 6, 2025
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Listed / Active | BRIGHT | $3,299,000 |