Rare Oceanfront Opportunity with Stunning Views & Strong Rental Potential! Don’t 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 flexibility—ideal 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.
Sold for $990,000
$990,000
2 N Virginia Ave #524, Rehoboth Beach, DE 19971
2beds
1,300sqft
Condominium
Built in 1966
-- sqft lot
$979,800 Zestimate®
$762/sqft
$2,090 Estimated rent
Home value
$979,800
$911,000 - $1.06M
$2,090/mo
Zestimate® history
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List your homeWhat's special
Private poolStunning viewsPrivate balconyAbundant natural lightOpen layout
Zillow last checked:
Listing updated:
Listed by:
Patrick Sommer 484-553-6288,
McWilliams/Ballard, Inc.,
Co-Listing Agent: Kevin J Mcduffie 202-439-2435,
McWilliams/Ballard, Inc.
Bought with:
Christine Davis, RA-0030990
Active Adults Realty
Source: Bright MLS,MLS#: DESU2088978
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom 2
Bedroom 2
- Level: Upper
Heating
- Forced Air, Electric
Cooling
- Heat Pump, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
- Finished area above ground: 1,300
Property
Parking
- Total spaces: 1
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: Community
- On waterfront: Yes
- Waterfront features: Ocean
- Frontage length: Water Frontage Ft: 15
Details
- Additional structures: Above Grade
- Parcel number: 33414.1423.00524
- Zoning: TN
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Mid-Century Modern
- Property subtype: Condominium
Materials
- Masonry
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Septic
- Water: Public
Community & HOA
Community
- Condo and coop fee: $3,983 quarterly
- Subdivision: North Rehoboth
HOA
- Has HOA: No
- Amenities included: Pool
- Services included: Internet
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $762/sqft
- Tax assessed value: $1,126,100
- Annual tax amount: $3,231
- Date on market: 6/28/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $990,000-5.7%$762/sqft |
Source:  Bright MLS #DESU2088978 Report a problem | ||
| 9/12/2025 | Contingent | $1,050,000$808/sqft |
Source: Bright MLS #DESU2088978 Report a problem | ||
| 8/26/2025 | Price change | $1,050,000-8.3%$808/sqft |
Source: Bright MLS #DESU2088978 Report a problem | ||
| 7/25/2025 | Price change | $1,145,000-11.6%$881/sqft |
Source: Bright MLS #DESU2088978 Report a problem | ||
| 6/28/2025 | Listed for sale | $1,295,000$996/sqft |
Source: Bright MLS #DESU2088978 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 19971
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Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 3.9 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- District: Cape Henlopen
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Delaware
- Sussex County
- Rehoboth Beach
- 19971
- 2 N Virginia Ave Unit 524
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