See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

12 Wilmington Ave #2, Rehoboth Beach, DE, 19971

0beds
1baths
320sqft
$435,000
$1,359price/sqft
$2,777/moest. monthly cost
$111,080/yrincome needed

About This Home

Ocean block efficiency unit in Sea House, right in the heart of downtown Rehoboth Beach! Freshly painted and updated with a new kitchen cooktop, tankless hot water heater, and energy-efficient mini-split system. Includes 1 assigned parking space. Leave the car behind and enjoy easy access to the beach, boardwalk, restaurants, shops, and all that downtown Rehoboth has to offer.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

8/10
7/10
Beacon Middle SchoolGrades 6-83.9 mi
8/10
Cape Henlopen High SchoolGrades 9-124.9 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1960

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Asphalt,Masonry,Stick Built

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Cooktop,Tankless Water Heater,Electric Water Heater
  • Laundry features: None

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Bathroom - Walk-In Shower,Combination Kitchen/Living,Ceiling Fan(s),Dry Wall
  • Window features: Window Treatments
  • Flooring: Ceramic Tile,Hardwood
  • Finished area above ground: 320

Heating & Cooling

  • Heating features: Wall Unit,Electric
  • Cooling features: Ductless,Electric

Interior Area

  • Total structure area: 320
  • Total interior livable area: 320 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 33414.1842.002
  • Attached to another structure: Yes
  • Zoning: TN
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Features: Downtown

Parking

  • Total spaces: 1
  • Parking features: Crushed Stone,Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,199$26,388
Home Insurance *$215$2,580
Property Taxes $112$1,344
Electricity $251$3,021
Total$2,777$33,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,211/yr
40% on housing$83,310/yr
45% on housing$74,053/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,359This listing

vs Other Active Listings

Avg $/sqft

ZIP 19971$375
Sussex County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 19971
Sussex County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$425,000
2026-07-10Listed for sale$435,000

For Sale by Agent

AgentMICHAEL RODRIGUEZ
BrokerageJack Lingo - Rehoboth

Similar Homes