12 Wilmington Avenue # 7 Rehoboth Beach, DE ^$ 1,850,000

12 Wilmington Avenue # 7

^$ 1,850,000

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12 Wilmington Avenue # 7

Rehoboth Beach, DE, 19971

^$ 1,850,000

Bedrooms3 Baths2.0 Sq 1,521

Monthly Estimate*

^$ 12,777

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Condo for sale in Rehoboth Beach, DE

for $1,850,000 with 3 bedrooms and 2 full baths. This 1,521 square foot condo was built in 1960.

NEW PRICE!! PACKAGE INVESTOR ALERT, SALE INCLUDES 12 WILMINGTON AVE A/B COMMERCIAL SPACE WITH UNIT 7 CONDO IN FRONT BUILDING, PLUS REAR BUILDING UNITS 2 & 3 EFFICIENCY STYLE UNITS. Rare opportunity in the heart of downtown Rehoboth Beach on the ocean block of Wilmington Avenue These condominium units offers a unique mixed-use setup on the front building featuring a first-floor commercial space and a spacious second-level 3-bedroom, 2-bath residential condo with private rear stair access above, plus 2 efficiency units in rear building. Ideally located just steps to the beach, boardwalk, restaurants, shopping, and entertainment. Recent updates have been completed while still offering potential for customization and value-add opportunities. PROPERTY BEING SOLD AS-IS. Exceptional opportunity for investment, rental income, business use, or personal enjoyment in one of Rehoboth Beachs most sought-after beach block locations.

Condo Active

Price

^$ 1,850,000

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 567

Style

Craftsman

Year Built

1960

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2123706

Features

General

Living Area 1521

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Central A/C

Utilities Cable TV Available Electric Available Sewer Available Water Available

Possession Settlement

Roof Architectural Shingle

Appliances Dishwasher Microwave Oven/Range - Electric Refrigerator Washer/Dryer Stacked Water Heater

Zoning TN

Association Fee Includes Insurance Water Trash Sewer

Architectural Style Other Craftsman

Construction Materials Asphalt Concrete Masonry

School District CAPE HENLOPEN

Year Built 1960

Levels 3

Unit Number 7

Ownership Condominium

Cool Fuel Electric

Building Name Sea House

Accessibility Other

HOA Fee 2 3200.00

County SUSSEX

New Construction N

Property Type Residential

Association Amenities None

HOA N

Subdivision Name REHOBOTH BEACH

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Full Baths 2

Status ACTIVE

Directions Ocean block of Wilmington Ave. about 1/3 of a block back from the boardwalk on the right.

City REHOBOTH BEACH

Senior Community Y/N N

MLS Area Lewes Rehoboth Hundred (31009)

HOA Fee 2 Frequency Quarterly

Tax Annual Amount 567.0

Home Warranty Y/N N

Property Condition Good

Structure Type Other

Condo/Coop Association fee Y/N Y

Bathrooms Full Main Level 1

Bathrooms Count Main Level 1.00

Price Per Sq Ft Total AG 1216.31

Acceptable Financing Cash

Historic Y/N N

Lease Considered Y/N N

Vacation Rental Y/N Y

Location Type Downtown

Sussex DE Quadrants East of Rt 1

Standard Status Active

Year Built Source Estimated

Legal Subdivision SOUTH REHOBOTH

Association Recreation Fee N

Interior

Interior Amenities Bathroom - Walk-In Shower Breakfast Area Carpet Combination Kitchen/Dining Window Treatments

Heating Fuel Electric

Basement Outside Entrance Rear Entrance

Flooring Carpet Ceramic Tile Hardwood

Hot Water Electric

Basement (Y/N) Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1521

Half Baths 0

Central Air Y/N Y

Total Bedrooms 3

Below Grade Finished Area 0

Entry Level 2

Main Level Bedrooms 1

Below Grade Finished Area Unit Type Square Feet

Laundry Type Dryer In Unit Washer In Unit

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Estimated

Above Grade Finished Area Unit Type Square Feet

Total Baths 2

Exterior

Pool No Pool

Water Source Public

Type of Parking None

Foundation Details Concrete Perimeter

Spa N

Water View Y/N N

Lot Dimensions 0.00 x 0.00

Waterfront Y/N N

Horse Y/N N

Land Assessed Value 70800.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 12

* Excluded Features

List By

Jack Lingo - Rehoboth

Broker

mrod@jacklingo.com

Affordability Calculator

$12,825

Per Month

Monthly Principal & Interest: $12,777
Monthly Property Taxes: $47
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Condo listings in Rehoboth Beach, DE

Average List Price ^$809,557

Percent of Sale Price 56%

About Rehoboth Beach, DE

1,574 Population

6% Since 2002

^$100,563 Median Income

62.99 Median Age

2% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2314408 Elementary School

2314409 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/6/2026	$1,850,000		Listed Price

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12 Wilmington Avenue # 7, Rehoboth Beach, DE, 19971 is a Condo for sale at $1,850,000 with 1,521 sqft. 12 Wilmington Avenue # 7 has 3 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 19971 which is in Rehoboth Beach, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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12 Wilmington Avenue # 7

Condo for sale in Rehoboth Beach, DE

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