Rainbow Cove

118 BELLEVUE STREET 4

DEWEY BEACH, DE19971

Welcome to 118 Bellevue Street, Unit 4, a top floor, fully furnished and turnkey charming coastal condo with spectacular views of the sunset and the sparkling Rehoboth Bay every night! This beautiful upgraded and well maintained condo is perfectly positioned on the Bayside in the heart of Dewey Beach. With its unbeatable location and relaxed beach-town feel, this condo delivers the kind of coastal lifestyle people dream about. Inside, the condo features a bright and welcoming living area, abundant natural light, and stunning finishes throughout. Step outside onto the deck and take in the coastal breeze, water views, and laid-back atmosphere. Whether you are sipping morning coffee, unwinding after a beach day, or watching the sunset over the water, this outdoor space adds the perfect touch of coastal charm. The condo also offers 3 off street parking spots, a large bike and beach chair storage space, a personal outside shower which are all tucked into a quieter street in Dewey Beach yet this condo is just 1.5 blocks to the ocean and a few steps to the Bay.  This condo is truly ideal as a vacation escape, investment opportunity, or primary residence. Grossing over $60,000 in 2025, it boasts an 8% cap rate if you’re looking for an investment this condo has a stellar proven rental history and a nice amount of nights booked this season as well. But there’s still time to block some vacation time in your new beach retreat for Summer 2026!

Listing courtesy of Monument Sotheby's International Realty



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