16 Canal Street Rehoboth Beach, DE $ 949,000
16 Canal Street
$ 949,000
Recently Listed
Open House 5/26 11am - 1pm
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16 Canal Street

Rehoboth Beach, DE, 19971
$ 949,000
Bedrooms3 Baths2.1 Sq 1,525

Monthly Estimate*

$ 6,307

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Condo for sale in Rehoboth Beach, DE

for $949,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,525 square foot condo was built in 1992.

Step into your tranquil retreat within the sought-after Encampment Grounds of Rehoboth Beach. This end-unit condo offers a serene escape from the hustle and bustle, enveloped by a verdant canopy of trees that paint the landscape with shades of green. As you enter, you're greeted by the peaceful ambiance of a quiet city street and the distant murmur of the Lewes Rehoboth canal. Multiple decks offer panoramic views of the serene canal waters, providing the perfect backdrop for morning coffee or evening relaxation. This is more than just a home; it's an invitation to embrace the quintessential Rehoboth Beach lifestyle. Fine dining establishments, charming specialty shops, and the boardwalk are all just a stroll away. And when the call of the beach beckons, it's just a short walk to soak up the sun and surf to your heart's content. For the savvy investor, this property presents an excellent opportunity with little to no restrictions on rentals. Whether you're seeking a peaceful retreat for yourself or a lucrative investment opportunity, this condo offers the best of both worlds in one of Delaware's most coveted coastal communities. Live here, and every day feels like a vacation.

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Open House

5/26/2024 11:00 AM - 1:00 PM
16 Canal Street Rehoboth Beach, DE
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 949,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 1,670

Style

Contemporary

Year Built

1992

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2061336

Features
General
Interior Features Ceiling Fan(s) Combination Dining/Living Entry Level Bedroom
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Utilities Electric Available Cable TV
Possession Settlement
Roof Unknown
Appliances Refrigerator Oven/Range - Electric Microwave Dishwasher Disposal Dryer Washer
Exterior Features Outside Shower
Zoning TN
Garage Spaces 1.00
Association Fee Includes Ext Bldg Maint Common Area Maintenance
Patio/Porch Features Deck(s)
Architectural Style Contemporary
Construction Materials Wood Siding
Year Built 1992
View Canal
Levels 3
Percent Ownership Fee Simple
Cool Fuel Electric
Building Name Waterford Court
Accessibility None
HOA Fee 2 2000.00
County SUSSEX
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name ENCAMPMENT GROUNDS
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Rt. 1 to Rehoboth Avenue make an immediate Right on Canal Street just after you go over the canal bridge the unit will be down the street on your left.
City REHOBOTH BEACH
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - Federal Prop Disclosure Radon
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 0.00
Waterfront Y/N N
Street Name CANAL STREET
HOA Fee 2 Frequency Annually
Tax Annual Amount 1670.0
Home Warranty Y/N N
Property Condition Good
Structure Type End of Row/Townhouse
Condo/Coop Association Y/N Y
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total 622.3
Acceptable Financing Conventional Cash
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 19
Location Type Other
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Flooring Carpet Ceramic Tile
Total Fireplaces 1
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1525
Full Baths 2
Half Baths 1
Central Air Y/N N
Total Bedrooms 3
Entry Level 1
Room Type Living Room Kitchen Other
Laundry Type Dryer In Unit Washer In Unit
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Pool No Pool
Parking Features Crushed Stone
Lot Features Trees/Wooded
Water Source Public
Garage Features Garage - Front Entry
Type of Parking Attached Garage Driveway Parking Lot
Foundation Details Slab
Spa N
Water View Y/N Y
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Estimated
Door Features Storm
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 16
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* Excluded Features
List By
Coldwell Banker Premier - Rehoboth

Broker

beth@bethdorman.com

Email

Affordability Calculator

$6,447
Per Month
98%
2%
0%
Monthly Principal & Interest
$6,307
Monthly Property Taxes
$139
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$949,000 Listed Price

Map


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16 Canal Street, Rehoboth Beach, DE, 19971 is a Condo for sale at $949,000 with 1,525 sqft. 16 Canal Street has 3 bedrooms, 2.1 baths, and was built in 1992. The property's zip code is 19971 which is in Rehoboth Beach, DE