Property
Rehoboth Beach, DE 19971 20217 Tabasco Lane # 1
$669,000
34 more
Presented By: Iron Valley Real Estate at The Beach
Beds • 3- Full/Half Baths • 3 / 1
- SQFT • 1,980
- Garage • 1
Beds • 3
Full/Half Baths • 3 / 1
SQFT • 1,980
Garage • 1Home Details
Just minutes to the Beach. $50K Rental Income. Fully Furnished.
If youve been dreaming of owning at the beach, this is the one that checks every box.
Located east of Route 1 and just minutes from the sand, this stunning 3-bedroom, 3.5-bath town townhome delivers the ultimate coastal lifestyle. Imagine waking up, grabbing coffee, and walking to the beach before biking to nearby restaurants, shops, and local hotspots.
Inside, the home is completely turnkey and beautifully furnished, featuring a stylish kitchen with stainless steel appliances, open living spaces perfect for entertaining, and porches on all three levels to enjoy ocean breezes and sunset cocktails.
Practical perks include a one-car garage and easy access to Route 1, making it effortless to get in and out of town.
And heres the kicker: this property produced $50,000 in seasonal rental income in 2025.
So whether youre looking for a beach getaway, a smart investment, or both, this home offers a rare opportunity to own a high-performing, income-generating property just steps from the beach.
Beach days. Bike rides. Rental income. Repeat.
Presented By: Iron Valley Real Estate at The Beach
Interior Features for 20217 Tabasco Lane # 1
Bedrooms
Bedrooms Count All Lower Levels1
Bedrooms Count All Upper Levels2
Bedrooms Count Lower Level 11
Bedrooms Count Upper Level 12
Total Bedrooms3
Bathrooms
Bathrooms Half Main Level1
Bathrooms Full Upper Level 12
Bathrooms Full Lower Level 11
Bathrooms Full All Upper Levels2
Bathrooms Full All Lower Levels1
Bathrooms Count Upper Level 12.00
Bathrooms Count Lower Level 11.00
Bathrooms Count All Upper Levels2
Bathrooms Count All Lower Levels1
Half Baths1
Total Baths4
Other Interior Features
LivingAreaSourceEstimated
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area1980
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Fireplace Y/NNo
FlooringWood, Partially Carpeted
Heating FuelElectric
Heating Y/NYes
Hot Water60+ Gallon Tank, Electric
Other Rooms
Room TypeDining Room, Kitchen, Great Room, Laundry, Half Bath, Screened Porch
Room Details for 20217 Tabasco Lane # 1
Dining Room
level
Main
Great Room
level
Main
Half Bath
level
Main
Kitchen
level
Main
Laundry
level
Upper 1
Screened Porch
level
Main
Screened Porch # 2
level
Lower 1
General for 20217 Tabasco Lane # 1
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleCoastal, Contemporary
Association AmenitiesNone
Association Fee IncludesTrash, Snow Removal, Reserve Funds, Lawn Maintenance, Insurance, Common Area Maintenance, Ext Bldg Maint
Association Recreation FeeN
AssociationName2Wilgus Associations
Bathrooms Count Main Level1.00
Building NameNONE AVAILABLE
CityREHOBOTH BEACH
Condo/Coop Association fee Y/NYes
Construction MaterialsBlown-In Insulation, Stick Built, Vinyl Siding
Cool FuelElectric
CoolingCentral A/C, Zoned
CountySUSSEX
Directions1 South, Left of Church, right on Oyster House Road, first end unit on left
DisclosuresProp Disclosure, Radon, Lead Based Paint - Federal
Full Baths3
Garage Spaces1.00
Garage Y/NYes
HOANo
HOA Fee 21285.00
HOA Fee 2 FrequencyQuarterly
HeatingForced Air, Zoned
Lease Considered Y/NNo
Levels3
Living Area1980
MLS AreaLewes Rehoboth Hundred (31009)
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipCondominium
Possession31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG337.88
Property ConditionExcellent
Property TypeResidential
RoofArchitectural Shingle
School DistrictCAPE HENLOPEN
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeEnd of Row/Townhouse
Subdivision NameCANAL VILLAS
Sussex DE QuadrantsEast of Rt 1
Tax Annual Amount1098.0
Tax Year2025
Total Actual Rent50000.00
Total SQFT1980
Unit Number1
Vacation Rental Y/NYes
Virtual TourClick here
Water Access Y/NNo
Year Built2018
Year Built SourceAssessor
ZoningC-1
Exterior for 20217 Tabasco Lane # 1
# of Attached Garage Spaces1
Foundation DetailsConcrete Perimeter
Garage FeaturesBuilt In, Garage - Front Entry, Inside Access
InclusionsRange, Microwave, Dishwasher, Refrigerator, blinds, curtains, furniture
Land Use Code1 5
Lot Dimensions0.00 x 0.00
Lot FeaturesCleared
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking Lot - # of Spaces2
PoolNo Pool
Total Parking Spaces4
Type of ParkingAttached Garage, Driveway, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner