Oceanfront Residential Income
For Sale
$975,000
1 VIRGINIA AVE #512, Rehoboth Beach, DE 19971
REHOBOTH BEACH, DE
Property SizeContact for details
Days on Market23
Property Features for 1 VIRGINIA AVE #512
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 district
CAPE HENLOPEN
Middle school district
CAPE HENLOPEN
High school district
CAPE HENLOPEN
Standard status
Active
Amenities
outdoor pool
on-site management
Building Details
Year built
1973
Listing Agency:
Rehoboth
(302) 227-2541
Listed By:
Bill Cullin · License #RS0018675
Added: Aug 7
Changed: Aug 23
Last Checked: Aug 29 at 4:06PM
MLS# DESU2117854
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.
Investment Insights
Based on property information with market context.
This one-bedroom condominium at One Virginia Avenue provides direct oceanfront exposure with unobstructed sightlines toward the Atlantic Ocean, beach, and boardwalk. The residence is offered fully furnished, allowing the next owner to acquire a move-in-ready home. Built in 1973, the condominium has not been used as a vacation rental.
Condominium fees cover heat, central A/C, water, hot water, sewer, flood insurance, exterior building maintenance, and upkeep of sliding glass doors and windows. The property also benefits from on-site management, elevators, and an outdoor pool. Its address at 1 Virginia Ave #512 places it near restaurants, shopping, and downtown Rehoboth Beach entertainment.
Condominium fees cover heat, central A/C, water, hot water, sewer, flood insurance, exterior building maintenance, and upkeep of sliding glass doors and windows. The property also benefits from on-site management, elevators, and an outdoor pool. Its address at 1 Virginia Ave #512 places it near restaurants, shopping, and downtown Rehoboth Beach entertainment.
Key Highlights
- Direct oceanfront condominium with unobstructed Atlantic Ocean, beach, and boardwalk views
- Fully furnished one‑bedroom residence at One Virginia Avenue
- Built in 1973 and not previously used as a vacation rental
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Furnished one-bedroom condominium with Atlantic Ocean, beach, and boardwalk views.
Where is this residential income property located?
The property is located at 1 VIRGINIA AVE #512 Rehoboth Beach, DE.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Direct oceanfront condominium with unobstructed Atlantic Ocean, beach, and boardwalk views; Fully furnished one‑bedroom residence at One Virginia Avenue; Built in 1973 and not previously used as a vacation rental
