$429,900
36525 Palm Drive #5103, Rehoboth Beach, DE, 19971
2
Beds
2
Baths
1,064
Square feet
Wait—have you seen this stunning condo in the highly sought-after community, The Palms? It’s the only one on the market right now, and it’s been completely redone with beautiful finishes—stainless steel appliances, granite countertops, custom tile showers, and gorgeous flooring throughout. The bedrooms are spacious, and the whole place is move-in ready. This beautiful first - floor unit offers serene views of the pond and the community pool - perfect for relaxing and enjoying the tranquil surroundings from your screened - in porch. But here’s the kicker: “Proven income producer! This property generated $26,000 in 2024 with a long-term tenant in place, and brought in $31,500 in 2023 through short-term rentals. Whether you’re looking for steady cash flow or high-yield potential, this home delivers.” stunning furniture conveys. Just steps from the bike trail, Rehoboth outlets, the beach, Rehoboth Ave, and amazing restaurants. It’s been an incredible investment for the sellers—and it could be for you too! This is a rare opportunity to own a piece of heaven or to increase your real estate portfolio. Easy to show so schedule your appointment today!!!!!!!!!!!!!!!!
Listing Details
Office | Iron Valley Real Estate at The Beach |
---|---|
Contact Info | (302) 541-8787 |
Facts & Features
MLS® # | DESU2082736 |
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Price | $429,900 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 1,064 |
Acres | 0.00 |
Year Built | 2003 |
Type | Residential |
Sub-Type | Condo, Unit/Flat/Apartment, Garden 1 - 4 Floors |
Style | Condo/Unit |
Status | Active |
Community Information
Address | 36525 Palm Drive #5103 |
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Area | Lewes Rehoboth Hundred (31009) |
Subdivision | THE PALMS |
City | Rehoboth Beach |
County | SUSSEX-DE |
State | DE |
Zip Code | 19971 |
Senior Community | No |
Amenities
Amenities | CeilngFan(s), Wood Floors, Shades/Blinds, Upgraded Countertops |
---|---|
Utilities | Electric Available, Cable TV Available |
Parking | Paved Parking |
View | Pond, Garden/Lawn |
Is Waterfront | No |
Has Pool | Yes |
HOA Amenities | Pool-Outdoor |
Interior
Interior Features | Floor Plan-Open |
---|---|
Appliances | Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Star Appliances, Oven-Single, Oven-Self Cleaning, Oven/Range-Electric, Stainless Steel Appliances, Washer, Water Heater |
Heating | Forced Air |
Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
# of Stories | 1 |
Stories | 1 Story |
Exterior
Exterior | Vinyl Siding |
---|---|
Roof | Architectural Shingle |
School Information
District | CAPE HENLOPEN |
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High | CAPE HENLOPEN |
Additional Information
Date Listed | April 9th, 2025 |
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Days on Market | 37 |
Zoning | C-1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |