Two-Unit Turnkey Beach
37548 ATLANTIC Ave Rehoboth Beach, DE 19971
37548 ATLANTIC Ave, Rehoboth Beach, DE, 19971
$1,850,000
For Sale
$1,850,000
Two turnkey rental units sit on a single lot, including a two-story front unit and a rear bungalow.
Days on Market89
Property Features for 37548 ATLANTIC Ave
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1987
Listing agency
The Lisa Mathena Group, Inc.
(302) 236-6232
Listed by
Lisa Mathena
(302) 236-6232
Source
Elliman
Added: Apr 24 Updated: Jul 21 at 1:25AM Checked: Jul 21 at 8:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Lisa Mathena Group, Inc.
Investment Insights
Based on property information with market context.
On Atlantic At The Beach offers two separate living units on one parcel. Unit 1 is a two-story structure at the front of the lot facing Atlantic Ave and is fully furnished and turnkey. Its layout includes a great room with an exposed wood beam living space and kitchen, multiple bedrooms across both floors, a full laundry room with washer and dryer, and a screened porch tied to the primary bedroom suite. Unit 2 is a bungalow-style structure to the rear of the lot behind an above-ground pool and is also completely turnkey, with its own living area, kitchenette with appliances, bathroom with tiled shower, and an encapsulated loft accessed via stairs.
The property is enclosed by a 6’ vinyl fence with lighting around the rear and 3’ vinyl fencing along both sides of the front. Access is through a 4’ x 8’ x 4’ high vinyl gate and a 4’ x 4’ single gate with brick planters. Expanded parking for three cars is available across the front, plus additional parking near a one-car garage. A 12’ x 24’ above-ground pool sits between the two units, and there is decking along the left side leading to the pool house.
C-1 zoning allows many different commercial uses, and the two separate units provide flexibility to live in one unit and use the other for a rental or business. The listing notes the property is outside the city limits of Rehoboth but within walking distance to everything, and includes a Ring doorbell camera system monitoring exterior areas.
The property is enclosed by a 6’ vinyl fence with lighting around the rear and 3’ vinyl fencing along both sides of the front. Access is through a 4’ x 8’ x 4’ high vinyl gate and a 4’ x 4’ single gate with brick planters. Expanded parking for three cars is available across the front, plus additional parking near a one-car garage. A 12’ x 24’ above-ground pool sits between the two units, and there is decking along the left side leading to the pool house.
C-1 zoning allows many different commercial uses, and the two separate units provide flexibility to live in one unit and use the other for a rental or business. The listing notes the property is outside the city limits of Rehoboth but within walking distance to everything, and includes a Ring doorbell camera system monitoring exterior areas.
Key Highlights
- Built in 1987 and designed as 2 rental units on one parcel (Units 1 & 2) including a two‑story front unit and a rear bungalow.
- Fully turnkey—Unit 1 and Unit 2 are fully furnished, with kitchenware and stocked bathrooms; Unit 1 used as the primary rental unit.
- Property is set up for short‑term rentals on VRBO and Air BnB; 2026 reservations exist and may be canceled or conveyed with the property.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Two turnkey rental units sit on a single lot, including a two-story front unit and a rear bungalow.
Where is this short term rental property located?
The property is located at 37548 ATLANTIC Ave Rehoboth Beach, DE.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Built in 1987 and designed as 2 rental units on one parcel (Units 1 & 2) including a two‑story front unit and a rear bungalow.; Fully turnkey—Unit 1 and Unit 2 are fully furnished, with kitchenware and stocked bathrooms; Unit 1 used as the primary rental unit.; Property is set up for short‑term rentals on VRBO and Air BnB; 2026 reservations exist and may be canceled or conveyed with the property.
