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Furnished Oceanfront Condominium
For Sale
$875,000

1 VIRGINIA AVE #511, Rehoboth Beach, DE 19971

REHOBOTH BEACH, DE

Property SizeContact for details
Days on Market11

Property Features for 1 VIRGINIA AVE #511

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1
Subdivision NORTH REHOBOTH
Elementary school REHOBOTH
Middle school BEACON
High school CAPE HENLOPEN
Elementary school district CAPE HENLOPEN
Middle school district CAPE HENLOPEN
High school district CAPE HENLOPEN
Standard status Active

Amenities

on-site management
outdoor swimming pool
general Rehoboth Beach parking tag
outdoor shower
bicycle racks
private storage locker
private balcony

Building Details

Year built 1973
Listing Agency: Northrop - Lewes
Listed By: Nitan Soni
Added: Oct 8 Changed: Oct 9 Last Checked: Oct 18 at 3:06PM
MLS# DESU2121754

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This furnished condominium at One Virginia Avenue has an open living and dining area, a bedroom, and a primary suite with a full bath. A separate entry foyer and large owner’s closet provide space for beach gear and personal belongings. The kitchen has white cabinetry and appliances, and sliding glass doors open from the living area to a balcony with views of the Atlantic Ocean, the Rehoboth Beach Boardwalk, and Lake Gerar. The residence is being sold furnished, with minor exclusions.

The building sits at the quieter north end of the Rehoboth Beach Boardwalk, with downtown restaurants, shops, and entertainment nearby. Building features include on-site management, elevators, an outdoor pool, an underground parking space, a general Rehoboth Beach parking tag, an outdoor shower, bicycle racks, and a private storage locker. Condominium fees cover heat, central air conditioning, water, sewer, hot water, flood insurance, and exterior maintenance, including windows and sliding glass doors.

Neighboring Unit 512 is also offered for sale. Combining the residences may be possible, subject to condominium association approval and applicable building requirements.

Key Highlights

  • Furnished condominium with balcony views of the Atlantic Ocean, Boardwalk, and Lake Gerar
  • Separate entry foyer and large owner’s closet for added storage
  • Primary suite includes a full bath and customizable Elfa closet system

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Pharmacy Auto Repair Shop Nail Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby

Demographics for 19971, DE

14,348
Population
16,948
Households
0.8
Avg Household Size
60
Median Age
55%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
797
Density / Sq Mi
$103,301
Median Household Income
$49,905
Median Earnings
$1,383
Median Rent
$561,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - A private balcony overlooks the Atlantic, Rehoboth Beach Boardwalk, and Lake Gerar.
Where is this residential income property located?
The property is located at 1 VIRGINIA AVE #511 Rehoboth Beach, DE.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Furnished condominium with balcony views of the Atlantic Ocean, Boardwalk, and Lake Gerar; Separate entry foyer and large owner’s closet for added storage; Primary suite includes a full bath and customizable Elfa closet system
More about this property
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