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$3,249,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 10 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 3,300 Sq. Ft.
  • Updated 8 hours ago
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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!

Full Property Details for 16 Delaware Ave

General

  • Price: $3,249,900
  • Taxes: $5,752 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2111314
  • Updated: 5/8/2026
  • Added to Site: 2 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Brick
  • Flooring: Wood, Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Upper Floor Baths: 1
  • Upper - Full Baths: 1
  • Main Floor Baths: 3
  • Main - Full Baths: 2
  • Main - 1/2 Baths: 1
  • Lower Floor Baths: 1
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 10
  • Bedrooms Upper: 5
  • Bedrooms Lower: 3
  • Bedrooms Main & Up: 2

Other Rooms

  • Laundry: Main Floor, Washer In Unit, Dryer In Unit

Parking

  • Total Spaces: 4
  • Parking Type: Driveway

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: SOUTH REHOBOTH
  • Driving Directions: From Rehoboth Avenue, take right onto first street and left onto Delaware. Both homes are on the right.
  • Direction Faces: North
  • Location Details: Downtown
  • City Limits: Yes

School Information

  • School District: Cape Henlopen
  • Elementary School: Rehoboth
  • Middle School: Beacon
  • High School: Cape Henlopen

Community

  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Solar Photovoltaic, Electric
  • Heating Type: Heat Pump - Electric BackUp
  • Heating Fuel: Solar, Electric
  • Water Heater: Solar, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Dist. to Water: 500 Feet

Structural Information

  • Architectural Style: Coastal, Cottage
  • Structure Type: Detached
  • Construction: Frame
  • Foundation: Crawl Space
  • Roof: Architectural Shingle
  • Walls/Ceilings: Other, Wood Walls
  • Entry Floor Number: 1
  • Stories Description: Lower 1, Main, Upper 1
  • Square Feet: 3,300
  • Sq. Ft. Source: Assessor
  • Living Area: 3,300 Sq. Ft.
  • Finished Above Grnd: 3,300 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • Unit Floor in Bldg.: 2

Unit 1

  • Bathrooms-Lower: 1
  • Bedrooms-Lower: 3

Additional Structures

  • Other Structures: 2nd House, Guest House

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size Source: Estimated
  • Lot Dimensions: 50 x 100
  • Zoning: TN
  • Fencing (Description): Privacy

Water Features

  • Navigable Water: Yes
  • Water Access: Yes
  • Water Access Desc: Public Beach
  • Water Front Type: Ocean
  • Water Front Name: Altantic Ocean

Green Features

  • Energy Generation: PV Solar Array(s) Owned

Financial Considerations

  • Price Per Sq. Ft.: $984.82
  • Assessment Year: 2025
  • School Tax: $4,217
  • City/TownTax: $1,060
  • City/TownTax Freq: Annually
  • County Tax: $475
  • County Tax Freq: Annually
  • Tax w/Assessment: $2,221,600
  • Tax Amount: $5,752
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Art and staging items
  • Inclusions: Furnishings as shown
  • Lot Number: 16

Listed by Monument Sotheby's International Realty, Michael Reamy Jr

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Listing agent

— 16 Delaware Ave —

  • Michael Reamy Jr

    Monument Sotheby's International Realty

Listing Office Email: justin.healy@msir.net

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 Delaware 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
4-83.8 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 16 Delaware Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$3,249,900
85.71%
MLS
10/22/2020
Sold
$1,750,000
—
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 16 Delaware Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,692
260%
$26,500
—
2023
$1,305
4%
$26,500
—
2022
$1,260
1%
$26,500
—
2021
$1,248
—
$26,500
—
2020
$1,244
—
$26,500
—
2019
$1,246
7%
$26,500
—
2018
$1,164
4%
$26,500
—
2017
$1,114
5%
$26,500
—
2016
$1,059
5%
$26,500
—
2015
$1,011
1%
$26,500
—
2014
$1,004
3%
$26,500
—
2013
$976
—
$26,500
—
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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Listed by Monument Sotheby's International Realty, Michael Reamy Jr

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16 Delaware Avenue, Rehoboth Beach, DE 19971 (MLS# DESU2111314) is a Single Family property with 10 bedrooms, 4 full bathrooms and 1 partial bathroom. 16 Delaware Avenue is currently listed for $3,249,900 and was received on May 06, 2026. Want to learn more about 16 Delaware Avenue? Do you have questions about finding other Single Family 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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