- 2 beds
- 2 baths
- – sqft
- 1966 build
Rare Oceanfront Opportunity with Stunning Views & Strong Rental Potential! Don’t miss this 2-bedroom, 2-bath, two-level oceanfront condo located in a classic mid-century building overlooking the Atlantic Ocean and iconic boardwalk. This spacious unit offers an open layout with abundant natural light and a private balcony perfect for enjoying sunrise views and salty breezes. Situated in a secure building with assigned parking and a private pool, this property delivers comfort, convenience, and unbeatable beach access. The two-level floor plan provides added privacy and flexibility—ideal for personal use or as a high-performing vacation rental. With its prime oceanfront location, proven rental income potential, and access to everything the boardwalk has to offer, this is a rare chance to own a turn-key property in one of the area's most desirable buildings.
Last checked:
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Last updated Jun 30, 2025
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MLS# DESU2088978 —
Upcoming Open Houses
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Saturday, 7/5
11am-1pm
The Building
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Year Built:1966
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Masonry
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Building Name:Edgewater House
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Unit Building Type:Mid-Rise 5 - 8 Floors
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Structure Type:Unit/Flat/Apartment
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Architectural Style:Mid-Century Modern
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Historic:No
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Levels:2
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Entry Floor Number:5
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Accessibility Features:None
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Basement:No
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Unit Number:524
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Green Verification:No
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Building Winterized:No
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Total SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt Source:Assessor
Interior
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Room List:Bedroom 2
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Negotiable
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Lease Considered:No
Location
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Directions:Virginia Ave to Ocean, building on left
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Latitude:38.71989000
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Longitude:-75.07692000
The Property
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Property Type:Residential
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Property Attached:No
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Additional Parcels:No
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Zoning:TN
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View:No
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In City Limits:Yes
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Other Structures:Above Grade
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Horse:No
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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 Lease:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 553-6288
- Office phone:
- (302) 330-7003
Taxes
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Tax ID Number:334-14.14-23.00-524
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Tax Year:2024
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Tax Annual Amount:$3,285
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Tax Assessed Value:$26,000
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School Tax:1166.0
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County Tax:104.00
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City/Town Tax:2015.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Bedrooms Main Level:1
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Upper Level Bedrooms:1
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Upper Level 1 Bedrooms:1
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:1.00
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Main Level Full Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
The Listing
Heating & Cooling
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Cooling:No
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Cooling Type:Heat Pump(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Septic
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Hot Water:Electric
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Water Source:Public
Appliances
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Washer/Dryer/Hook Up in Unit:No
Schools
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School District Name:Cape Henlopen
The Community
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Subdivision Name:North Rehoboth
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Senior Community:No
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Pool:Yes - Community
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Access To Pool:No
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Pool Private:No
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Spa:No
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Pool - Outdoor
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Condo/Coop Fee:$3,983
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Condo/Coop Fee Frequency:Quarterly
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HOA/Condo/Coop Fee:High Speed Internet
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Municipal Trash:No
Parking
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Open Parking:No
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Total Garage and Parking Spaces:1
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Garage:No
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Type of Parking:Off Street
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Off Street - # of Spaces:1
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Attached Garage:No
Extra Units
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Vacation Rental:Yes
Monthly cost estimate

Asking price
$1,295,000
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. |
$6,934
|
Taxes | $273 |
Insurance | $356 |
HOA fees | $1,328 |
Utilities | N/A |
Total | $8,891/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).
Sale history
Date | Event | Source | Price | % Change |
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6/27/25
Jun 27, 2025
|
Listed / Active | BRIGHT | $1,295,000 |