50 Wilmington Ave Unit #103, Rehoboth Beach, DE 19971

$895,000
2
BD
2
BA
1,350
SqFt

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List Price
$895,000
Price Change
▼ $30,000 1770177699
Days on Market
492
Status
ACTIVE
MLS#
DESU2079600
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,350
Style
Unit/Flat
Year Built
1986
County
Sussex
School District
Cape Henlopen

Property Description

Rare Unit in The Wilmington. Welcome to your beach condo in the downtown Rehoboth, just a short walk to Rehoboth Beach Board Walk, shops, restaurants and more! Inviting 2-bedroom, 2-bathroom garden-style apartment offers a warm and cozy atmosphere, perfect for relaxation and entertaining. Step inside to discover an open floor plan that seamlessly connects the living and dining areas, enhanced by plush carpeting and ceiling fans for comfort. The galley kitchen is equipped with appliances, including a dishwasher, microwave, and electric range, making meal prep a breeze. Enjoy your morning coffee on the private balcony, or take advantage of the community amenities, including a sparkling outdoor pool and beautifully maintained common grounds. With assigned parking and an elevator for easy access, convenience is at your fingertips. Located in a vibrant neighborhood, this condo is just moments away from local shops and dining options, which makes renting this home out short term a great possibility. Experience the perfect blend of comfort and community living in this delightful property—your ideal retreat awaits! Water, Sewer, and Trash are included in the HOA fees. Condo comes fully furnished, which means its ready for you to move in and enjoy! The seller made $18,000 in rental income while still using the property for themselves. Potential to make significantly more with a more open availability for bookings. No current bookings are in place for 2026, so owner can choose to rent or not to rent for summer 2026.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
South Rehoboth
Building Name
Wilmington
Taxes
$1446.48
Condo Fee
$3288
Interior Features
Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Elevator
Amenities
Common Grounds, Swimming Pool, Elevator
School District
Cape Henlopen
Flooring
Fully Carpeted
Exterior Features
Exterior Lighting, Outside Shower
Community Amenities
Common Grounds, Swimming Pool, Elevator
View
Street, City
Heating
Heat Pump - Electric BackUp
Heating Fuel
Electric
Cooling
Central A/C
Utilities
Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer
Room Level
Bathroom 1: Main, Primary Bathroom: Main, Primary Bedroom: Main, Bedroom 1: Main, Living Room: Main, Kitchen: Main, Dining Room: Main, Foyer: Main

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Premier - Lewes. Contact: 3026452881