18 Delaware Ave, Rehoboth Beach, DE 19971

Description

OCEAN BLOCK LOCATION MEETS TIMELESS COASTAL CHARACTER in this updated turn-of-the-century beach cottage just steps from the sand, Rehoboth Beach Boardwalk & Funland, bandstand, and premier dining and shopping on Rehoboth Avenue. Situated in desirable South Rehoboth, this classic residence offers 5+ bedrooms across two levels, making it ideal for hosting large family gatherings or maintaining a high-capacity vacation rental. Highlights include an expansive screened front porch perfect for catching ocean breezes, a spacious main-level living room, dedicated dining space, sunroom opening to a rear patio, and a primary bedroom on the second floor complete with a private balcony. The property also features an unfinished 863 sq. ft. walk-up attic offering immense expansion potential. Currently generating approximately $65,000 in rental income with strong upside, town guidelines for FAR and lot coverage provide flexibility to remodel, and/or expand. Whether envisioned as a family beach retreat, a high-yield rental investment, or a historic project, this is a distinct opportunity in one of Rehoboth’s most coveted locations.Call today!