If you want to be able to walk to the beach these are the least expensive units in all of downtown Rehoboth.
MLS# 549427 409 REHOBOTH AVENUE The Ark 1BR/1BA $359,000
MLS# 549677 409 REHOBOTH AVENUE The Ark 2BR/1BA $415,000
MLS# 550732 409 REHOBOTH AVENUE The Ark 2BR/2BA $445,000
The Ark is approximately 5 Blocks to the beach.
Ocean block there is a 0BR/1BA unit in the Star of The Sea Ocean front condo priced at $499,900 MLS# 544910
That’s it for condos under $500K within reasonable walking distance to the beach. I get calls everyday for “Ocean front homes in foreclosure” but they don’t exist. I also get calls everyday with people saying something similar to “I’ve got $500,000 to spend and I want an Ocean front home. Unless you are satisfied with a 0BR/1BA unit I’m sorry to say there is no such thing in this market. $500K will get you a waterfront home in Slaughter Beach and maybe in Broadkill Beach but not in Rehoboth. Absolutely beautiful homes can be had in Rehoboth for under $500K, just not within walking distance to the beach.
