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

2beds
2baths
1,350sqft
$895,000
$663price/sqft
$5,222/moest. monthly cost
$208,880/yrincome needed

About This Home

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.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

8/10
7/10
Beacon Middle SchoolGrades 6-83.7 mi
8/10
Cape Henlopen High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 1986

Materials

  • Construction materials: Concrete

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven/Range - Electric,Range Hood,Refrigerator,Washer,Water Heater,Electric Water Heater
  • Laundry features: Washer In Unit,Dryer In Unit,In Unit

Bathroom1

  • Level: Main

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Features

  • Breakfast Area,Ceiling Fan(s),Combination Dining/Living,Entry Level Bedroom,Open Floorplan,Kitchen - Galley,Primary Bath(s),Elevator
  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,350

Foyer

  • Level: Main

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,350
  • Total interior livable area: 1,350 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bathroom

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Doors - Swing In

Details

  • Parcel number: 33414.17500.003
  • Attached to another structure: Yes
  • Zoning: TN
  • Special condition: Standard
  • Exclusions: Items Inside Of Owners Closet

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Screened,Porch
  • Exterior features: Lighting,Outdoor Shower,Balcony
  • Has view: Yes
  • View description: Street,City
  • Waterfront features: Ocean
  • Waterbody name: Atlantic Ocean

Lot

  • Features: Downtown

Parking

  • Total spaces: 2
  • Parking features: Assigned,Parking Lot