524/2 Virginia Avenue

Off Market

524/2 Virginia Avenue

Rehoboth Beach DE 19971

1300 sq. ft.

Condo

Last sold for $990,000

Patrick Sommer, last sold this property on 03 October 2025 after 97 days on market.

Overview

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.

Features

2 bedrooms

2 bathrooms

1 carspace

1300 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Rehoboth Beach over the last 12 months, the estimated median property value of 524/2 Virginia Avenue is $495k.

Median value

$495k

Estimated value range

$299k - $1.4m

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Rehoboth Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 524/2 Virginia Avenue

2025

Sold

$990,000

03 Oct 2025 by Patrick Sommer, of McWilliams/Ballard, Inc.

Happy sellers in Rehoboth Beach

86%

86% of sellers in Rehoboth Beach reported that their sale price either exceeded or met their price expectations.

Rehoboth Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Rehoboth Beach over the last 12 months.

Local market activity for 2 bedroom condos in Rehoboth Beach

In the last 12 months, 73 two-bedroom condos similar to 524/2 Virginia Avenue, have been sold.

This represents a 5% decrease in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Rehoboth Beach for a market analysis.

Linda Bova

at SEA BOVA ASSOCIATES INC.

(160 reviews)

Get a market analysis

MITCH SELBIGER

at Ocean Atlantic Sotheby's International Realty

(22 reviews)

Get a market analysis

Amanda Valcik

(6 reviews)

Get a market analysis

Joseph Maggio

at Dave McCarthy & Associates, Inc.

(57 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rehoboth Beach

Linda Bova

Sellers who recommend Linda Bova have praised them for being local expert, clear communication, reliable, responsive, supportive, friendly, and dedicated

5 (160 reviews)
19 Reviews in Rehoboth Beach
32 Sales in Rehoboth Beach

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MITCH SELBIGER

MITCH SELBIGER is a recommended agent for Rehoboth Beach. They have 8 local sales and collected 6 local reviews across the last 12 months.

5 (22 reviews)
6 Reviews in Rehoboth Beach
8 Sales in Rehoboth Beach

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Amanda Valcik

Amanda Valcik is a recommended agent for Rehoboth Beach. They have 2 local sales and collected 5 local reviews across the last 12 months.

5 (6 reviews)
5 Reviews in Rehoboth Beach
2 Sales in Rehoboth Beach

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Joseph Maggio

Sellers who recommend Joseph Maggio have praised them for being local expert, responsive, well-prepared, reliable, clear communication, supportive, and dedicated