16 Delaware Ave Rehoboth Beach, DE 19971
Property details
About 16 Delaware Ave
Charming Turn-of-the-Century Cottage with Significant Income Potential – Just Steps from theRehoboth Beach Boardwalk Main House: 7 Bedrooms | 3.5 Baths - Guest House: 3 Bedrooms | 1 Bath - Two Rental Licenses | Six-Figure Annual Income Nestled on the ocean block of one of Rehoboth’s most iconic locations, 16 Delaware Avenue is a rare opportunity to own a piece of coastal history just steps from the iconic boardwalk and sandy beaches. This charming turn-of-the-century cottage offers classic character and exceptional investment potential in the heart of Rehoboth Beach. The main house features 7 spacious bedrooms and 3.5 baths, and a new kitchen perfect for large gatherings or multiple tenants. In addition, a detached guest house offers 3 bedrooms and 1 full bath, ideal for overflow guests or an additional rental stream. With two active rental licenses, the property is a proven income generator, already bringing in six figures annually with low operating costs given the newly installed solar array. There’s additional upside: with thoughtful updates and enhancements, rental income could easily double, as demonstrated by comparable nearby properties. Whether you're looking for a full-time beach retreat, a vacation getaway, or a high-performing investment, this property offers the flexibility and location that discerning buyers seek. Enjoy morning strolls along the boardwalk, easy access to shops and restaurants, and a home filled with vintage charm and modern potential. Bonus Opportunity: This home can also be purchased in combination with neighboring 18 Delaware Avenue (MLS# DESU2087710), offering a rare chance to own a 100x100 foot compound in one of the most sought-after locations in Rehoboth Beach. Whether you're looking for a private family estate or a high-performing vacation rental portfolio, the possibilities here are truly unique. Don’t miss this exceptional opportunity in the heart of Rehoboth Beach
Highlights
(ACTIVE)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Basement: No
- Flooring Type: Carpet, Ceramic Tile
- Fireplace: Brick
- Total Bedroom Count: 10
- Parking: Driveway
- Architectural Style: Coastal, Cottage
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $3,299,000
- Price/SqFt: $999
- Annual Tax Amount: $1,306
- Tax Year: 2024
- Directions: From Rehoboth Avenue, take right onto first street and left onto Delaware. Both homes are on the right.
- Year Built: 1914
- Stories: 2
- Living Area: 3,300 SqFt
- Lot Size: 0.12 Acres
- MLS Number: DESU2087708
- MLS Name: BRIGHT
- Office Name: Monument Sotheby's International Realty
- Office Phone: (302) 227-6767
- Office Email: justin.healy@msir.net
- Listing Agent: Michael Reamy Jr
- Agent Phone: (302) 227-6767
- Agent Email: michael.reamy@msir.net
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Last updated on: 7/1/2025, 12:45:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 28, 2020 | Home Sold | $1,750,000 |
| May 27, 2011 | Home Sold | $1,399,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $26,500 | $1,306 |
| 2023 | $26,500 | $1,305 |
| 2022 | $26,500 | $1,259 |
| 2021 | $26,500 | $1,247 |
| 2020 | $26,500 | $1,244 |
| 2018 | $26,500 | $1,163 |
| 2017 | $26,500 | $1,114 |
History based on county public records data.
Nearby schools
9
Rehoboth Elementary School
Public District KG-5
0.7 mi
•500 Stockley St
9
Love Creek Elementary School
Public District KG-5
4.0 mi
•19488 John J Williams Hwy
8
Shields (Richard A.) Elementary School
Public District KG-5
5.3 mi
•910 Shields Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,269. The majority of Rehoboth Beach, DE residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Dollar General
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Panera
What do the neighbors drive?
Lincoln
Lexus
Infiniti
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
Frequently asked questions
Living in Rehoboth Beach, DE
Transportation in Rehoboth Beach includes a mix of private and public options, with local buses serving the area and connecting residents to nearby towns. The town is known for its walkable downtown area, making it easy for residents and visitors to navigate the main attractions on foot. For those commuting by car, Coastal Highway provides a direct route to neighboring cities and attractions. The area is also bike-friendly, with several paths and trails available for cycling enthusiasts.
The community is served by a number of public schools, offering educational opportunities for children of all ages. Healthcare is accessible through local clinics and the nearby Beebe Healthcare, which provides comprehensive medical services. The Rehoboth Beach Public Library serves as a cultural hub, and the town's array of boutique shops and restaurants cater to both local and seasonal populations, reflecting the area's culinary diversity and artistic flair.
Rehoboth Beach is celebrated for its vibrant coastal charm and friendly community atmosphere. The town prides itself on its beautiful beaches, boardwalk, and a variety of shops and eateries that contribute to its character as a beloved summer destination. Annual events like the Rehoboth Beach Independent Film Festival and the Sea Witch Festival reflect the town's cultural identity and draw visitors from across the region.
Rehoboth Beach offers a diverse array of housing options, with a significant portion of the market comprised of single-family homes that feature a mix of contemporary, beach cottage, and colonial architectural styles. Condominiums and townhouses are also prevalent, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a steady growth in housing developments, particularly with waterfront and beach-adjacent properties being highly sought after.
About 16 Delaware Ave
The listing price of 16 Delaware Ave property is $3,299,000.
The property 16 Delaware Ave is a house located in Rehoboth Beach, Delaware, 19971.
Active Listing: 16 Delaware Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16 Delaware Ave are: Rehoboth Elementary School (GreatSchools Rating 9/10), Love Creek Elementary School (GreatSchools Rating 9/10), Shields (Richard A.) Elementary School (GreatSchools Rating 8/10), Beacon Middle School (GreatSchools Rating 7/10), Mariner Middle School (GreatSchools Rating 5/10), Millsboro Middle School (GreatSchools Rating 3/10), Cape Henlopen High School (GreatSchools Rating 5/10), Indian River High School (GreatSchools Rating 5/10), Sussex Central High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $1,306 (source: MLS/based on county public records data).
The last sale was on October 28, 2020 for $1,750,000 (source: MLS/tax record).
The property at 16 Delaware Ave has 10 bedrooms and 4 full and 1 half bathrooms.
The property 16 Delaware Ave is 3,300 SqFt (source: MLS/tax record).
The year of construction for 16 Delaware Ave is 1914.
This home is located at 16 Delaware Ave in Rehoboth Beach, DE and zip code 19971. This 3,300 square foot home, which was built in 1914, sits on a 0.12 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $3,299,000.
In May 2025 in Rehoboth Beach, DE there were 39.5% more homes for sale than in April. While the average time on the market in May 2025 was 86 days, the median list price was $799,600.