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$1,750,000 Just Listed

  • For Sale
  • Active
  • Commercial Service
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Rare opportunity in the heart of downtown Rehoboth Beach on the ocean block of Wilmington Avenue. This detached condominium unit offers a unique mixed-use setup featuring a first-floor commercial space and a spacious second-level 3-bedroom, 2-bath residential condo with private rear stair access. Ideally located just steps to the beach, boardwalk, restaurants, shopping, and entertainment. Recent updates have been completed while still offering potential for customization and value-add opportunities. Property is being sold as-is. Exceptional opportunity for investment, rental income, business use, or personal enjoyment in one of Rehoboth Beach's most sought-after locations.

Full Property Details for 12 Wilmington Ave

General

  • Price: $1,750,000
  • Taxes: $896 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2112160
  • Updated: 5/19/2026
  • Added to Site: Today

Business

  • Business Type: Restaurant/Bar, Other

Interior

  • Flooring: Hardwood

Parking

  • Parking Type: None

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Building Name: Sea House
  • Driving Directions: Ocean block of Wilmington Ave. down on the right towards boardwalk.
  • Location Details: Downtown
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Concrete, Masonry
  • Foundation: Block
  • Roof: Architectural Shingle
  • Entry Floor Number: 1
  • Building Size: 1521
  • Year Built: 1960
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • # Tenants: Single

Lot Features

  • Zoning: TN

Financial Considerations

  • Price Per Sq. Ft.: $1,150.56
  • Assessment Year: 2025
  • School Tax: $448
  • City/TownTax: $397
  • City/TownTax Freq: Annually
  • County Tax: $51
  • County Tax Freq: Annually
  • Tax Amount: $896
  • Tax Year: 2025
  • Owner Pays: Association Fees

Disclosures and Reports

  • Ownership: Condominium
  • Investment: Yes

Listed by Jack Lingo - Rehoboth, MICHAEL RODRIGUEZ and Jack Lingo - Rehoboth, TJARK BATEMAN

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Listing agents

— 12 Wilmington Ave —

  • MICHAEL RODRIGUEZ

    Jack Lingo - Rehoboth

  • TJARK BATEMAN

    Jack Lingo - Rehoboth

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12 Wilmington Ave

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-60.7 mi
Beacon Middle School
19483 John J Williams Highway, Lewes, DE 19958
4-83.9 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-124.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12 Wilmington Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$1,750,000
483.33%
MLS
11/02/2011
Sold
$300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12 Wilmington Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$494
17%
$5,550
—
2023
$421
4%
$5,550
—
2022
$406
1%
$5,550
—
2021
$403
—
$5,550
—
2020
$401
—
$5,550
-35%
2019
$402
7%
$8,550
—
2018
$375
4%
$8,550
—
2017
$360
5%
$8,550
—
2016
$342
5%
$8,550
—
2015
$326
1%
$8,550
—
2014
$324
3%
$8,550
—
2013
$315
—
$8,550
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Jack Lingo - Rehoboth, MICHAEL RODRIGUEZ and Jack Lingo - Rehoboth, TJARK BATEMAN

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12 Wilmington Avenue, Rehoboth Beach, DE 19971 (MLS# DESU2112160) is a Commercial Service property. 12 Wilmington Avenue is currently listed for $1,750,000 and was received on May 19, 2026. Want to learn more about 12 Wilmington Avenue? Do you have questions about finding other Commercial Service real estate for sale in Rehoboth Beach? You can browse all Rehoboth Beach real estate or contact a Coldwell Banker agent to request more information.

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