16 Delaware Ave, Rehoboth Beach, DE 19971
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
Listed by: michael reamy jr
Office: monument sotheby's international realty
MLS#:DESU2087708
Source:BRIGHTMLS
Price summary
- Price:$3,299,000
- Price per sq. ft.:$999.7
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:1914
- Listing ID #:DESU2087708
- Added:298 day(s) ago
- Updated:March 31, 2026 at 01:32 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Flooring:Carpet, Ceramic Tile
- Bedroom Description:Additional Bedroom
- Living area:3,300 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Heat Pump - Electric BackUp
Structure and exterior
- Roof:Architectural Shingle
- Year built:1914
- Building area:3,300 sq. ft.
- Lot area:0.12 Acres
- 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:$3,299,000
- Price per sq. ft.:$999.7
- Tax amount:$3,414 (2019)
New listings near 16 Delaware Ave
- Coming Soon
$995,000Coming Soon4 beds 3 baths19379 Mersey Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2107378Listed by: MONUMENT SOTHEBY'S INTERNATIONAL REALTY - New
$3,046,093Active4 beds 4 baths2,450 sq. ft.40 Park Ave, REHOBOTH BEACH, DE 19971
MLS# DESU2108354Listed by: RE/MAX REALTY GROUP REHOBOTH - Open Sat, 10am to 12pmNew
$2,500,000Active4 beds 3 baths3,934 sq. ft.303 Salisbury, REHOBOTH BEACH, DE 19971
MLS# DESU2108328Listed by: NORTHROP REALTY - Coming Soon
$575,000Coming Soon4 beds 3 baths18948 Goldfinch Cv, REHOBOTH BEACH, DE 19971
MLS# DESU2108262Listed by: KELLER WILLIAMS REALTY - New
$1,699,000Active4 beds 4 baths2,387 sq. ft.128 West Side Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2108274Listed by: JACK LINGO - REHOBOTH - New
$320,000Active2 beds 2 baths1,060 sq. ft.35552 E Atlantic Cir #102, REHOBOTH BEACH, DE 19971
MLS# DESU2108106Listed by: KELLER WILLIAMS REALTY - New
$114,900Active2 beds 2 baths900 sq. ft.21776 E St #e-11, REHOBOTH BEACH, DE 19971
MLS# DESU2108234Listed by: SEA BOVA ASSOCIATES INC. - New
$165,000Active3 beds 2 baths1,200 sq. ft.35959 Jake Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2108038Listed by: MONUMENT SOTHEBY'S INTERNATIONAL REALTY - New
$579,900Active3 beds 3 baths1,620 sq. ft.310-unit 3 Blue Heron Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2108196Listed by: THE LISA MATHENA GROUP, INC. - New
$1,680,000Active3 beds 3 baths1,100 sq. ft.4 Laurel St #219b, REHOBOTH BEACH, DE 19971
MLS# DESU2108188Listed by: MONUMENT SOTHEBY'S INTERNATIONAL REALTY