$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

OfficeIron Valley Real Estate at The Beach
Contact Info(302) 541-8787

Facts & Features

MLS® # DESU2082736
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
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
High CAPE HENLOPEN

Additional Information

Date Listed April 9th, 2025
Days on Market 37
Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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