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.

    Source: BRIGHT MLS, MLS#: DESU2112082

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    • Property Type
      Residential

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    • Median Age
      60
    • Population Density
      501
    • College Educated
      58%
    • Estimated Median Income
      $75,846
    • Estimated Total Home Owners
      6,346
    • Estimated Total Renters
      899
    • Owner / Renter Divide
      88% / 12%
    • Estimated Average Household Size
      2
    • Total Population
      13,922
    • Community data courtesy of LiveBy, Inc.

    Owning this Home

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    $ %
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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.

    Life at 12 WILMINGTON AVENUE #7


    Schools


    School data courtesy of LiveBy, Inc.
    Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.
    Listing provided courtesy of Jack Lingo - Rehoboth- MLS# DESU2112082MLS ProviderContact Information: 3022273883

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