12 WILMINGTON AVENUE #7REHOBOTH BEACH, DE 19971

Single Family · 3 Beds · 2 Full Baths · 1,521 Sq. ft.
$1,650,000 ACTIVE

12 WILMINGTON AVENUE #7 Overview

Time on Site:
44 days
Visits:
9

Rare opportunity in the heart of downtown Rehoboth Beach on the ocean block of Wilmington Avenue. This condominium unit offers a unique mixed-use setup featuring a first-floor commercial space and a spacious second-level 3-bedroom, 2-bath residential condo with private rear stair access. 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 is being sold as-is. Exceptional opportunity for investment, rental income, business use, or personal enjoyment in one of Rehoboth Beach's most sought-after locations.

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12 WILMINGTON AVENUE #7 Facts & Features

  • Type Single Family
  • Sq. ft. 1,521
  • Price/Sq.ft. $1,085

Details

General

Association/HOA

  • Association Amenities: None
  • Association Fee 2: 1600.00
  • Association Fee 2 Frequency: Quarterly
  • Association Fee Includes: Insurance, Water, Trash, Sewer
  • Association: No
  • Condo/Coop Association: Yes

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Building Name: Sea House
  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1521
  • Year Built: 1960

Location/Region

  • Country: US
  • County: SUSSEX
  • County Or Parish: SUSSEX
  • In City Limits: Yes
  • MLS Area Major: Lewes Rehoboth Hundred (31009)
  • Subdivision Name: REHOBOTH BEACH

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax: 397.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 170.00
  • County Tax Payment Frequency: Annually
  • School Tax: 1511.00
  • School Tax Payment Frequency: Annually
  • Tax Annual Amount: $2,078.00
  • Tax Assessed Value: 308500.00
  • Tax Year: 2025

General Information

  • Furnished: Partially
  • Historic: No
  • Municipal Trash: No
  • Pets Allowed: No
  • Property Condition: Good
  • Property Type: Residential
  • School District Name: CAPE HENLOPEN
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: Yes
  • Year Assessed: 2025
  • Zoning: TN

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Full Main Level: 1
  • Bathrooms Half: 0
  • Bathrooms Half Main Level: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Exterior/Construction

  • Structure Type: Other
  • Wall & Ceiling Types: Dry Wall

Building Interior

  • Above Grade Finished Area: 1521
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Electric
  • Laundry Type: Dryer In Unit,Washer In Unit

General Information

  • Accessibility Features: Other
  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Cooling: Central A/C
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Foundation Details: Concrete Perimeter
  • Interior Features: Bathroom - Walk-In Shower, Breakfast Area, Carpet, Combination Kitchen/Dining, Window Treatments
  • Levels: 2
  • Living Area: 1521
  • Living Area Source: Estimated
  • Main Level Bathrooms: 1.00
  • Main Level Bedrooms: 1
  • Spa: No

Unit Information

  • Unit Number: 7

Exterior

Lot Information

  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Asphalt, Concrete, Masonry
  • Roof: Architectural Shingle

General Information

  • Horse: No
  • Other Structures: Above Grade
  • Sewer: Public Sewer
  • Utilities: Cable TV Available,Electric Available,Sewer Available,Water Available
  • Water Access: No

12 WILMINGTON AVENUE #7 Neighborhood

Community

19971 (REHOBOTH BEACH) Demographics

60
Median Age
501
Population Density (per sq. mile)
58%
College Educated
$75,846
Estimated Median Income
6,346
Estimated Total Home Owners
899
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

12 WILMINGTON AVENUE #7 Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12 WILMINGTON AVENUE #7 Market Data

Based on the last 30 days in this zip code

$1,153,227
Average List Price
$541
Average Price per Square Foot
51
Properties Sold
105
Average Days on Market
291
Properties for Sale
Calculations provided by Reliance Network

12 WILMINGTON AVENUE #7 History

Date Event Value Agent
6/15/2026Source: BRIGHT MLS Price Reduction
$1,650,000 -5.7%
5/18/2026Source: BRIGHT MLS Status Change
ACTIVE
5/16/2026Source: BRIGHT MLS Added to Database
May 16, 2026
Listing provided courtesy of Jack Lingo - Rehoboth- MLS# DESU2112082MLS ProviderContact Information: 3022273883