50 Wilmington Avenue #103, Rehoboth Beach, DE 19971 - Photo 1

1/1

$850,000

Sold
Closed
Condo
2 Beds
2 Full Baths
1,350 Sq. Ft.
Updated 3 days ago

1/1

Property Description

Rare Unit in The Wilmington. Welcome to your beach condo in the downtown Rehoboth, just a short walk to Rehoboth Beach Board Walk, shops, restaurants and more! Inviting 2-bedroom, 2-bathroom garden-style apartment offers a warm and cozy atmosphere, perfect for relaxation and entertaining. Step inside to discover an open floor plan that seamlessly connects the living and dining areas, enhanced by plush carpeting and ceiling fans for comfort. The galley kitchen is equipped with appliances, including a dishwasher, microwave, and electric range, making meal prep a breeze. Enjoy your morning coffee on the private balcony, or take advantage of the community amenities, including a sparkling outdoor pool and beautifully maintained common grounds. With assigned parking and an elevator for easy access, convenience is at your fingertips. Located in a vibrant neighborhood, this condo is just moments away from local shops and dining options, which makes renting this home out short term a great possibility. Experience the perfect blend of comfort and community living in this delightful property-your ideal retreat awaits! Water, Sewer, and Trash are included in the HOA fees. Condo comes fully furnished, which means its ready for you to move in and enjoy! The seller made $18,000 in rental income while still using the property for themselves. Potential to make significantly more with a more open availability for bookings. No current bookings are in place for 2026, so owner can choose to rent or not to rent for summer 2026.

Full Property Details

Full Property Details for 50 Wilmington Ave #103

General

Sold For: $850,000
HOA FEE: $1,096/month
HOA FEE FREQ.: Quarterly
Taxes: $1,446 (2024)
Status: Closed
Type: Condo
Source: BrightMLSMidAtlantic
MLS ID: DESU2079600
Added to Site: 567 day(s) ago

Interior

Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Bedroom 1, Bathroom 1, Primary Bathroom
Interior Features: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Elevator
Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
Furnished: Yes
Flooring: Fully Carpeted

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Main Floor Baths: 2
Main - Full Baths: 2

Bedrooms

Total Bedrooms: 2
Bedrooms Main & Up: 2

Other Rooms

Laundry: Washer In Unit, Dryer In Unit

Additional Information

Shared Amenities: Common Grounds, Swimming Pool, Elevator
Shared Pool: Yes
Pool: Yes
Security/Safety: Smoke Detector

Exterior

Exterior Features: Exterior Lighting, Outside Shower
Porch/Patio/Deck: Balcony, Screened, Porch(es)

Parking

Assigned Spaces: 2
Total Spaces: 2
Parking Features: Assigned
Parking Type: Parking Lot

Location

Area: Lewes Rehoboth Hundred (31009)
County: SUSSEX
Subdivision: SOUTH REHOBOTH
Building Name: Wilmington
Driving Directions: Head South on Route 1 (Coastal Highway) toward Rehoboth Beach. Take the exit for Rehoboth Beach / Route 1A South (just past the Tanger Outlets). Follow Route 1A (Rehoboth Avenue) approximately 1.5 miles into downtown Rehoboth Beach. Turn right onto 1st Street (just before reaching the Rehoboth Beach Bandstand and Boardwalk). Turn left onto Wilmington Avenueâ€”50 Wilmington Ave will be on your right.
Location Details: Downtown
City Limits: Yes

School Information

School District: Cape Henlopen

Community

Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pest Control, Pool(s), Reserve Funds, Snow Removal, Water, Sewer, Trash

Heating & Cooling

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

Utilities

Sewer: Public Sewer
Water: Public
Dist. to Water: 2 Blocks
Utility Description: Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available

Structural Information

Architectural Style: Unit/Flat
Structure Type: Garden 1 - 4 Floors
Construction: Concrete
Entry Floor Number: 1
Stories Description: Main
Square Feet: 1,350
Sq. Ft. Source: Estimated
Living Area: 1,350 Sq. Ft.
Finished Above Grnd: 1,350 Sq. Ft.
Year Built: 1986
Year Built Source: Estimated

Unit Information

Unit Floor in Bldg.: 1

Lot Features

Property View: Street, City
Street/Road Desc.: Paved
Zoning: TN

Water Features

Water Front Type: Ocean
Water Front Name: Atlantic Ocean

Financial Considerations

Price Per Sq. Ft.: $662.96
Condo Fee: $3,288
Condo Fee Freq: Quarterly
Assessment Year: 2024
School Tax: $1,013
City/TownTax: $343
City/TownTax Freq: Annually
County Tax: $90
County Tax Freq: Annually
Tax Amount: $1,446
Tax Year: 2024
Terms: Standard Sale

Disclosures and Reports

Ownership: Condominium
Condo: Yes
Exclusions: Items inside of Owners Closet
Inclusions: All Furnishings minus items inside the Owners Closet

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Meet the selling agent

— 50 Wilmington Ave #103 —

Kim Bounds

Email Me

(443) 614-7167 mobile
(410) 524-1203 office

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with our affiliated lender

NMLS#: 1598647

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Schools

Schools serving 50 Wilmington Ave #103

School District:Cape Henlopen School District

Name	Grades	Distance
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971	PK-6	0.6 mi
Mariner Middle School 16391 Harbeson Road, Milton, DE 19968	5-8	12.9 mi
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958	8-12	4.8 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 50 Wilmington Ave #103

Date

Details

Price

Change

Source

10/08/2026

Sold

$850,000

-5.03%

MLS

2/03/2026

Price Reduced

$895,000

-3.24%

MLS

8/08/2025

Price Reduced

$925,000

-6.09%

MLS

3/25/2025

Listed

$985,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Active
Updated 2 days ago

3
Beds
3
Total Baths
2,125
Sq. Ft.

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Just Listed

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Updated 9 hours ago

4
Beds
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Active
Updated 4 days ago

4
Beds
3
Total Baths
1,658
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Just Listed

$414,900

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Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,607
Sq. Ft.

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Price Reduced

-$1,900 (-2.54%)

$73,000

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Condo
Active
Updated 6 days ago

1
Bed
1
Total Bath
476
Sq. Ft.

Listed by Jim Grear (302) 567-4252

38 Love Creek Dr, Lewes, DE 19958 - Photo 1

Price Reduced

-$49,900 (-6.24%)

$750,000

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Single Family
Active
Updated 6 days ago

4
Beds
3
Total Baths
3,500
Sq. Ft.

Listed by Berkshire Hathaway HomeServices PenFed Realty, Lee Ann Wilkinson and Berkshire Hathaway HomeServices PenFed Realty, DAVID PLIVELICH

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Price Reduced

-$20,000 (-2.2%)

$889,000

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Condo
Active
Updated 21 hours ago

4
Beds
4
Total Baths
2,200
Sq. Ft.

Listed by Patterson-Schwartz-OceanView, JOHN ZACHARIAS

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Price Reduced

-$45,900 (-7.12%)

$599,000

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Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
2,334
Sq. Ft.

Listed by Indian River Land Co, KELLY DELEON

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Sold

$790,000

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Townhouse
Closed
Updated 23 hours ago

2
Beds
3
Total Baths
1,050
Sq. Ft.

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Sold

$855,001

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Condo
Closed

3
Beds
2
Total Baths
1,360
Sq. Ft.

Listed by RE/MAX Realty Group Rehoboth, Debbie Reed and RE/MAX Realty Group Rehoboth, AMY WARICK
Sold by TTR Sotheby's International Realty, Linda Lizzio

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Sold

$910,000

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Condo
Closed

2
Beds
2
Total Baths
750
Sq. Ft.

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Sold by Crowley Associates Realty, Regina White

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Sold

$857,013

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Townhouse
Closed

3
Beds
3
Total Baths
1,209
Sq. Ft.

Listed by Jack Lingo - Rehoboth, SHAUN TULL and Jack Lingo - Rehoboth, AMANDA RYAN
Sold by Monument Sotheby's International Realty, Brian K Barrows and Monument Sotheby's International Realty, Amanda Leigh Valcik

50 Wilmington Avenue #103, Rehoboth Beach, DE 19971 (MLS# DESU2079600) is a Condo property that was sold at $850,000 on October 08, 2026. This property was sold by Kim Bounds from our Ocean City - 123rd Office.Want to learn more about 50 Wilmington Avenue #103? Do you have questions about finding other Condo 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.

50 Wilmington Ave #103 Rehoboth Beach, DE 19971

Full Property Details for 50 Wilmington Ave #103

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Additional Information

Exterior

Parking

Location

School Information

Community

Heating & Cooling

Utilities

Structural Information

Unit Information

Lot Features

Water Features

Financial Considerations

Disclosures and Reports

Meet the selling agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 50 Wilmington Ave #103

Price & Sales History for 50 Wilmington Ave #103

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