37548 Atlantic Avenue Rehoboth Beach, DE $ 1,850,000
37548 Atlantic Avenue
$ 1,850,000
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37548 Atlantic Avenue

Rehoboth Beach, DE, 19971
$ 1,850,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 11,391

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Multi-Family Home for sale in Rehoboth Beach, DE

for $1,850,000 with 1 bedroom. This home was built in 1987 on a lot size of 0.14.

Welcome to "On Atlantic At The Beach"! There are two living units on the parcel designated as units 1 & 2. Unit 1 is a two-story structure which sits at the front of the lot facing Atlantic Ave. Unit 2 is a bungalow-style structure to the rear of the lot behind the above-ground pool. Both units are completely turnkey. Unit 1 has been used as the primary rental unit, and is fully furnished-just bring your suitcases and food! All beds are made and the bathrooms are fully stocked including fresh towels. There are 2 vacuum cleaners, and all dishes, pots and pans are included. It is listed on VRBO and Air BnB under the title On Atlantic At The Beach. Reservations exist for 2026, but can be canceled or conveyed with the property. Unit 1 description: The main living area consists of a great room with exposed wood beams, housing both the kitchen with breakfast bar & living room. BR 1 is just off the kitchen, with a queen bed, screened porch & private bath w/jetted tub. BR 2 is near the front of the house with queen bed, sitting room & an outside entrance. BR's 3 & 4 are on the second floor along with bath 2 which includes a tub/shower. BR 3 contains 2 twin beds plus 1 full; BR 4 contains 2 full beds-one with a trundle. There is a full laundry room with washer, dryer & plenty of cabinetry. Unit 2 description: The main living area has a queen pull out sofa, 2 chairs, 2 dressers, end table, lamps and wall-mounted TV. There is a separate kitchen area with sink, garbage disposal, refrigerator and a small table with seating for 3. Countertop appliances include cook plate, oven, toaster and microwave. The bath features a tiled shower, sink, toilet and electric hot water Reni unit. Stairs lead to an encapsulated loft. Exterior amenities: A 6-tall vinyl fence with lighting surrounds the rear of the property, with a 3-tall vinyl fence on both sides of the front of the property. Access to the property is through a 4 x 8 x 4 high vinyl gate and a 4x 4 single gate with brick planters on each side of the gate. The property has expanded parking for 3 cars across the front of the property, with additional parking further up the driveway in front of the 10x24 one car garage. The garage is positioned on top of pavers, and features ample storage. The garage is not a permanent structure, and could be potentially moved/removed. As you approach the rear of the property, there is decking along the left side leading to the pool house. An outside shower is attached to unit 2 and has a tile floor, dressing area and 2 shower heads; 1 for adults and 1 for youth. In between units 1 and 2 is a 12x 24 above ground pool. This pool could easily be removed. In the rear of the property outside of Unit 2 is a commercial two tub sink unit connected to cold water only, as well as a squirrel house and feeder. A hot tub hookup is on the driveway side of the main house. The security system consists of a ring doorbell camera, with cameras monitoring the exterior. A security light is installed on the pole behind the mailbox. It is rented from Delmarva Power at a charge of $15.00/month. The C-1 zoning allows many different commercial uses and with the two separate units, you can live in one and use the 2nd for a rental or business. Outside the city limits of Rehoboth but within walking distance to everything, don't let this one get away!

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 2,106

Style

Coastal

Lot Size

0.14

Year Built

1987

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2105878

Features
General
Living Area 2154
Sewer Public Sewer
Heating Heat Pump - Electric BackUp
Cooling Heat Pump(s)
Possession Negotiable
Roof Shingle Asphalt
Appliances Built-In Microwave Dryer Dishwasher Oven/Range - Electric Refrigerator Stainless Steel Appliances Washer
Zoning C1
Architectural Style Coastal
Pool Features Above Ground
Construction Materials Brick Front Cedar Vinyl Siding
School District CAPE HENLOPEN
Year Built 1987
Electric 220 Volts
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility Mobility Improvements
County SUSSEX
New Construction N
Property Type Multi-Family
Subdivision Name WASHINGTON HEIGHTS
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 8
Status ACTIVE
Directions Route 1 to Rehoboth Avenue. Right on Washington Avenue Left onto Atlantic. On right.
City REHOBOTH BEACH
Number Of Units Total 2
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 6098.00
Tax Annual Amount 2106.0
Property Condition Very Good
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 858.87
Historic Y/N N
Vacation Rental Y/N N
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Tax Lot 86
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Interior
Interior Amenities Bar Bathroom - Jetted Tub Bathroom - Stall Shower Bathroom - Tub Shower Breakfast Area Built-Ins Carpet Ceiling Fan(s) Entry Level Bedroom Family Room Off Kitchen Floor Plan - Open Primary Bath(s) Up
Heating Fuel Electric
Flooring Carpet Hardwood Tile/Brick Vinyl
Hot Water Electric
Furnished Units All
Heating Y/N Y
Central Air Y/N N
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Exterior
Exterior Amenities Awning(s) Extensive Hardscape Exterior Lighting Outbuilding(s) Outside Shower
Pool Yes - Personal
Water Source Public Hook-up Available Well
Inclusions All furnishings
Type of Parking Driveway
Foundation Details Crawl Space
Water View Y/N N
Lot Dimensions 50.00 x 125.00
Lot Size Acres 0.14
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility State
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 37548
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* Excluded Features
List By
The Lisa Mathena Group, Inc.

Broker

lisa@lisamathena.com

Email

Affordability Calculator

$11,566
Per Month
98%
2%
0%
Monthly Principal & Interest
$11,391
Monthly Property Taxes
$176
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$1,850,000 Listed Price

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37548 Atlantic Avenue, Rehoboth Beach, DE, 19971 is a Multi-Family Home for sale at $1,850,000 with a lot size of 0.14. 37548 Atlantic Avenue has 1 bedrooms, 0.0 baths, and was built in 1987. The property's zip code is 19971 which is in Rehoboth Beach, DE