20920 South Avenue, Rehoboth Beach, DE, 19971

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$1,180,000
72 Days Online

20920 South Avenue
Rehoboth Beach, DE 19971

For Sale|Single Family Home|Active
6
Beds
4
Full Baths
0
Partial Baths
4,576
SqFt
$258
/SqFt
2001
Built
Subdivision:
None Available
County:
Sussex
Call Now: 302-381-5602
Is this the home for you? We can help make it yours.
302-381-5602
20920 South Avenue20920 South Avenue20920 South Avenue20920 South Avenue
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They say the biggest selling point in real estate is location. Welcome to 20920 South Ave where you are a block from the beach, a 5-minute walk to Dewey Beach and the beautiful Atlantic Ocean. Just up the road from downtown Rehoboth and a cool 15-minute drive to Bethany Beach, makes this property a beach bum's paradise! The layout features a duplex-style floorplan to allow for both short-term and long-term rentals of one or both units. Two separate entrances allow for optimal privacy for inhabitants. This property also offers a 4-5 car driveway, perfect for entertaining larger gatherings. The bottom unit is currently being rented for the Summer (tenants can convey with sale). The seller currently uses the home as a seasonal rental and brings in roughly $20,000-$25,000 in the Summer season for just the bottom unit alone. The new owner of the property has the opportunity to enjoy their stay in either unit while bringing in rent on one or just rent both for the full income potential. Similar properties being used as short-term rentals in the area bring in about $2,500/week. LOTS of investment and/or beach getaway potential.

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Listing Snapshot
Price 
$1,180,000
Days Online 
72 Days
Bedrooms 
6
Inside Area (SqFt) 
4,576 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
2001
MLS Number 
DESU2022686
Status 
Active
Property Tax 
$1,093
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
18 hours agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active
a month agoStatus changed to Active Under Contract
a month agoPrice changed to $1,180,000
2 months agoListing first seen online
General Features
Style 
Raised Ranch/RamblerRanch/Rambler
Water 
Public
Sewer 
Public Septic
Garage 
No
Foundation 
Concrete Perimeter
Other Structures 
Above GradeBelow Grade
Construction Materials 
FrameAluminum Siding
Zoning 
MR
Levels Count 
2
Interior Features
Heating 
Heat Pump(s)
Cooling 
Central A/C
Central Air 
Yes
Basement 
No
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Community Features
Accessibility Features 
Doors - Swing InLevel Entry - Main
Senior Community 
No
Schools
School District
CAPE HENLOPEN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Long & Foster Real Estate, Inc.



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Neighborhood & Commute
Source: Walkscore
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