81 Lake Avenue
Rehoboth Beach, DE, 19971 $ 999,900
Bedrooms-- Baths-- Sq 600 Monthly Estimate*
$ 6,157
for $999,900. This 600 square foot building was built in 1980 on a lot size of 0.04.
Welcome to 81 Lake Avenue, a rare opportunity in the heart of Downtown Rehoboth Beach. This charming, quintessential beach cottage has been thoughtfully renovated and offers the unique advantage of commercial zoning, creating endless possibilities for personal enjoyment, investment income, or future development. Whether you're seeking a turnkey coastal retreat, a high-performing rental property, or the ideal location for a restaurant, boutique retail shop, or professional office, this property offers exceptional flexibility in one of Rehoboth Beach's most desirable locations. Restaurant concept plans are available for interested buyers. The property features two off-street parking spaces, a beautifully landscaped and fenced yard, and a welcoming front patioperfect for enjoying your morning coffee or unwinding after a day at the beach. Inside, the bright and inviting family room features a pull-out sofa, a large-screen television, and an open layout that flows seamlessly into the brand-new kitchen. Designed with both style and functionality in mind, the kitchen showcases custom cabinetry, quartz countertops, stainless steel appliances, and a timeless white subway tile backsplash. The adjacent eat-in dining area provides a comfortable gathering space and offers direct access to the side yard and outdoor shower. A dedicated laundry and mechanical room provides ample storage and everyday convenience. The owner's suite features a private full bath with a beautifully tiled shower, along with an adjoining flex space currently configured as a home officeideal for remote work or additional storage. An additional room offers extra sleeping accommodations and is thoughtfully furnished with a custom upholstered chair that converts into a twin bed, maximizing both comfort and versatility. Professionally furnished and decorated by a local interior designer, this home is being offered fully furnished and turnkey, allowing you to immediately embrace the Rehoboth Beach lifestyle. Whether you're looking for a personal beach getaway, an income-producing investment, or a unique mixed-use opportunity, 81 Lake Avenue is ready to be enjoyed from day one. Professional pictures coming in 2 weeks when renovations are complete.
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FeaturesInteriorHeating Fuel Electric
Flooring Engineered Wood Ceramic Tile
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 1
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GeneralSewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Immediate Negotiable
Roof Architectural Shingle
Zoning TN
Construction Materials Stick Built
Year Built 1980
Property Subtype Land for Commercial Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Other
Accessibility None
County SUSSEX
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status COMING SOON
Directions Rehoboth Ave. to Lake Ave. Two parking spots.
City REHOBOTH BEACH
Body of Water Atlantic Ocean
Number Of Units Total 0
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 1828.00
Tax Annual Amount 2276.0
Price Per Sq Ft Total AG 1449.13
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Sussex DE Quadrants East of Rt 1
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision NORTH REHOBOTH
Tax Lot 86
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ExteriorWater Source Public
Inclusions Fully Furnished and decorated including 2 wall mount televisions
Type of Parking Driveway
Foundation Details Crawl Space
Water View Y/N N
Building Area Total 690.00
Lot Dimensions 20.00 x 92.00
Lot Size Acres 0.04
Water Body Type Ocean
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N Y
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* Excluded FeaturesList ByMonument Sotheby's International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,157
- Monthly Property Taxes
- $190
- 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.
Learn more about how to save NearbyCommerical listings in Rehoboth Beach, DE
Average List Price $2,585,718
Percent of Sale Price 159%
About Rehoboth Beach, DE 1,574 Population
6% Since 2002
$ 100,563 Median Income
62.99 Median Age
2% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/30/2026 | $999,900 | | Listed Price |