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Photo of 21089 Elizabeth Avenue, Rehoboth Beach DE
21089 Elizabeth Avenue
Ann Acres
Rehoboth Beach, DE 19971
Bedrooms
2
Full Baths
1
Acres
0.11
Interior SqFt
812
Age
68
Heating
Electric
Fireplaces
1
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
1,430
Additional Details Below

Description

This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.

Location

Driving Directions

South on Coastal Highway, turn right onto Elizabeth Ave

Listing Details

Summary
Architectural Type

Ranch/Rambler

Interior Features
Basement

Partial, Block

Fireplace(s)

Brick

Exterior Features
Exterior Features

Aluminum Siding

Utilities
Cooling

Central A/C, Electric

Heating

Forced Air, Electric

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Additional Utilities

Above Ground, Cable

Property History

Date
Change
Price

Miscellaneous

Assessment : 667,100
Zoning: R
Lattitude : 38.697933
Longitude : -75.079880
MLS# : DESU2098786
Views : 2
Listing Courtesy: George Manolakos of Patterson-Schwartz-Brandywine

Notes

Page: © 2025 EveryHome, Realtors, All Rights Reserved.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc.

Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Delaware Real Estate Commission - License RB-0020479

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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