Coastal Charm Meets Proven Investment Potential - Over $33,000 in 2026 Rental Income. An exceptional opportunity awaits along Rehoboth Beach's coveted Forgotten Mile! Perfectly situated between Rehoboth Beach and Dewey Beach, this beautifully renovated one-bedroom, one-bath coastal cottage offers the perfect combination of beachside charm, turnkey convenience, and impressive rental performance. Generating over $33,000 in gross rental income in 2026, this property presents an attractive opportunity for investors and beach lovers alike. Completely renovated in 2020, the cottage blends classic coastal character with modern finishes and thoughtful design. Sold fully furnished, the cottage features a queen bedroom, screened porch, deck, and a pull-out sofa, accommodating up to four guests. Outdoor living is equally inviting, with a screened porch perfect for morning coffee or relaxing after a day at the beach, along with a convenient outdoor shower. Just steps from the Thompson Island Trail, enjoy easy access to biking, walking, and exploring the natural beauty of the Delaware coast. With the beaches, dining, shopping, and entertainment of both Rehoboth and Dewey just minutes away, this location offers the coastal lifestyle vacationers return for year after year. The standout feature? Its proven rental performance. With over $33,000 in gross rental income for 2026, this cottage offers an established income history in one of Delaware's most desirable beach destinations. Its manageable footprint, updated interiors, and fully furnished condition make it an appealing, low-maintenance addition to an investment portfolio. Whether you're seeking a personal beach retreat, an income-producing investment, or the flexibility to enjoy both, this turnkey Forgotten Mile cottage delivers an exceptional opportunity to own a piece of the Delaware coast.