Property

Rehoboth Beach, DE 19971 2 N Virginia Avenue # 524

$1,050,000

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Presented By: McWilliams/Ballard, Inc.
  • MLS# DESU2088978
  • 06/20/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,300

Home Details

Rare Oceanfront Opportunity with Stunning Views & Strong Rental Potential! Dont miss this 2-bedroom, 2-bath, two-level oceanfront condo located in a classic mid-century building overlooking the Atlantic Ocean and iconic boardwalk. This spacious unit offers an open layout with abundant natural light and a private balcony perfect for enjoying sunrise views and salty breezes. Situated in a secure building with assigned parking and a private pool, this property delivers comfort, convenience, and unbeatable beach access. The two-level floor plan provides added privacy and flexibilityideal for personal use or as a high-performing vacation rental. With its prime oceanfront location, proven rental income potential, and access to everything the boardwalk has to offer, this is a rare chance to own a turn-key property in one of the area's most desirable buildings.
Presented By: McWilliams/Ballard, Inc.

Interior Features for 2 N Virginia Avenue # 524

Bedrooms

Bedrooms Count All Upper Levels1
Bedrooms Count Upper Level 11
Main Level Bedrooms1
Total Bedrooms2

Bathrooms

Bathrooms Full Upper Level 11
Bathrooms Full All Upper Levels1
Bathrooms Count Upper Level 11.00
Bathrooms Count All Upper Levels1
Total Baths2

Other Interior Features

LivingAreaSourceEstimated
Above Grade Finished Area1300
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NNo
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

Other Rooms

Entry Level5
Room TypeBedroom 2

Room Details for 2 N Virginia Avenue # 524

Bedroom 2

level Upper 1

General for 2 N Virginia Avenue # 524

AccessibilityNone
Additional Parcels Y/NNo
Architectural StyleMid-Century Modern
Association AmenitiesPool - Outdoor
Association Fee IncludesHigh Speed Internet
Association Recreation FeeN
Attached Garage No
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
Building NameEdgewater House
CityREHOBOTH BEACH
Condo/Coop Association Y/NYes
Construction MaterialsMasonry
Contingency TypeHome Inspection, Financing Approval
Cool FuelElectric
CoolingHeat Pump(s)
CountySUSSEX
DirectionsVirginia Ave to Ocean, building on left
Full Baths2
Garage Y/NNo
Green Verification Y/NNo
HOANo
HOA Fee 23983.00
HOA Fee 2 FrequencyQuarterly
HeatingForced Air
Historic Y/NNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Legal SubdivisionNORTHREHOBOTH
Levels2
MLS AreaLewes Rehoboth Hundred (31009)
ModificationTimestamp2025-09-12T13:15:51
New ConstructionNo
Other StructuresAbove Grade
OwnershipCondominium
PossessionNegotiable
Price Per Sq Ft Total AG807.69
Property Attached Y/NNo
Property TypeResidential
School DistrictCape Henlopen
Senior Community Y/NNo
SewerPublic Septic
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeUnit/Flat/Apartment
Subdivision NameNORTH REHOBOTH
Sussex DE QuadrantsEast of Rt 1
Tax Annual Amount3231.0
Tax Assessed Value1126100.0
Tax Year2025
Total SQFT1300
Unit Number524
Vacation Rental Y/NYes
Virtual TourClick here
Water Access Y/NNo
Year Built1966
Year Built SourceEstimated
ZoningTN

Exterior for 2 N Virginia Avenue # 524

Horse Y/NNo
Land Assessed Value105900.00
Navigable Water Y/NNo
Off Street - # of Spaces1
PoolYes - Community
Pool Y/NNo
Private PoolNo
SpaNo
Total Parking Spaces1
Type of ParkingOff Street
Water Body TypeOcean
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NNo
Waterfront Y/NYes

Additional Details

Price History

Ebonie Clerier

Associate
Price $1,050,000
MLS#DESU2088978
List Date 06/20/2025
Property Type Contingent
Phone (201) 443-7533
Request Tour
Request Info
Visit My Website

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