50 WILMINGTON AVENUE #103, REHOBOTH BEACH, DE 19971

  • Active Under Contract

 $895,000

  • 2 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,350 Sq.Ft.
  • Condo/Townhouse
  • Active Under Contract
  • MLS# DESU2079600
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

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 propertyyour 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.

Virtual Tour

Virtual Tour Virtual Tour

Property Details

General

  • Subdivision: SOUTH REHOBOTH
  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX-DE
  • Style: Unit/Flat
  • Beds: 2
  • Full Bathrooms: 2
  • Ownership: Condominium
  • Year Built: 1986
  • Sq. Ft.: 1,350

Interior Features

  • Interior Features: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Elevator

Financial Considerations

  • Tax Amount: $1,446
  • Tax Year: 2024

Activity

  • Days On Market: 548
  • List Date: 03/25/2025
 

This calculator is provided by Burrow Services, Inc. for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax, or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

Request Info / Schedule Showing

Realty ONE Group, Inc is powered by Burrow Services, Inc.