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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
| DAYS ON MARKET | 223 | LAST UPDATED | 7/10/2025 |
|---|---|---|---|
| TRACT | SOUTH REHOBOTH | YEAR BUILT | 1914 |
| COMMUNITY | Lewes Rehoboth Hundred (31009) | COUNTY | SUSSEX |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | CAPE HENLOPEN |
|---|---|
| Elementary School | REHOBOTH |
| Jr. High School | BEACON |
| High School | CAPE HENLOPEN |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Lewes Rehoboth Hundred (31009) |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame |
| FIREPLACE | Yes |
| HEAT | Electric, Heat Pump |
| LOT | 5227 sq ft |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Coastal, Cottage |
| SUBDIVISION | SOUTH REHOBOTH |
| TAXES | 3414.21 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Monument Sotheby's International Realty
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2026 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2026.
