16 Delaware Ave, Rehoboth Beach, DE 19971
Local realty services provided by:CENTURY 21 Harbor Realty
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
- Subdivision & Development:SOUTH REHOBOTH
- Listing ID #:DESU2111314
- Added:120 day(s) ago
- Updated:September 04, 2026 at 01:12 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
- Coming SoonOpen Sat, 12 to 2pm
$97,500Coming Soon2 beds 2 baths576 sq. ft.20019 Golden Ave, REHOBOTH BEACH, DE 19971
MLS# DESU2119524Listed by: CROWN HOMES REAL ESTATE - Coming Soon
$949,900Coming Soon4 beds 4 baths2,456 sq. ft.34049 Aggies Way, REHOBOTH BEACH, DE 19971
MLS# DESU2119434Listed by: BHHS FOX & ROACH-CHRISTIANA - Coming Soon
$1,850,000Coming Soon4 beds 2 baths2,000 sq. ft.345 Hickman St, REHOBOTH BEACH, DE 19971
MLS# DESU2119562Listed by: JACK LINGO - REHOBOTH - Coming Soon
$138,000Coming Soon2 beds 1 baths910 sq. ft.26 Wagon Wheel Ln, REHOBOTH BEACH, DE 19971
MLS# DESU2119478Listed by: SEA BOVA ASSOCIATES INC. - Coming Soon
$619,000Coming Soon3 beds 2 baths1,690 sq. ft.34766 Lauren Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2118890Listed by: SEA BOVA ASSOCIATES INC. - New
$539,900Active3 beds 3 baths1,074 sq. ft.34386 Bronze, REHOBOTH BEACH, DE 19971
MLS# DESU2119878Listed by: SELL YOUR HOME SERVICES - New
$520,000Active4 beds 3 baths1,763 sq. ft.36323 Wildwood Dr, REHOBOTH BEACH, DE 19971
MLS# DESU2119888Listed by: CENTURY 21 HOME TEAM REALTY - New
$1,500,000Active6 beds 4 baths2,572 sq. ft.126 Kingsbridge Rd, REHOBOTH BEACH, DE 19971
MLS# DESU2119882Listed by: COLDWELL BANKER PREMIER - REHOBOTH - Open Sat, 11am to 1pmNew
$985,000Active3 beds 3 baths2,517 sq. ft.18209 Shockley Dr #unit 2, REHOBOTH BEACH, DE 19971
MLS# DESU2119644Listed by: MCWILLIAMS/BALLARD, INC. - New
$3,750,000Active5 beds 5 baths3,570 sq. ft.22 Harbor Rd, REHOBOTH BEACH, DE 19971
MLS# DESU2119872Listed by: RE/MAX REALTY GROUP REHOBOTH