50 Wilmington Ave #103, Rehoboth Beach, DE, 19971
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
Very Walkable
Very Limited Transit
BikeableSchools
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
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
- Cold Wave
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,525 | $54,300 |
| Home Insurance * | $215 | $2,580 |
| Property Taxes | $231 | $2,772 |
| Electricity | $251 | $3,021 |
| Total | $5,222 | $62,664 |
Income You'd Need if You Spent...
Delaware FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-03 | Price change | $895,000 |
| 2025-08-08 | Price change | $925,000 |
| 2025-03-25 | Listed for sale | $985,000 |
View on Zillow