36525 Palm Dr Unit 5103

Rehoboth Beach, DE 19971
  • $414,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 1,064

    SqFt

About the Listing IVREATB1 - 3145800

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 Highlights for 36525 Palm Dr Unit 5103

Status Active
Days on Site 161
Property Type Condo
MLS ® DESU2082736
Year Built 2003
Total Square Footage 1,064
Lot/Acreage N/A
County Sussex
Building Name NONE AVAILABLE
Neighborhood The Palms
HOA Dues 800/Quarterly
School District Cape Henlopen
High School Cape Henlopen

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor: Ceramic Tile,Hardwood,Luxury Vinyl Plank
  • Above Ground Sq Ft: 1064
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s),Dining Area,Floor Plan - Open,Wood Floors,Window Treatments,Upgraded Countertops,Kitchen - Island,Number Limit,Pets Allowed,Main Floor Bedrooms: 2
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Zoning: C-1
  • Roof: Architectural Shingle
  • Others: Excellent,Pool - Outdoor,Trash,Pool(s),Common Area Maintenance,Ext Bldg Maint
  • Sewer: Public Sewer
  • Parking Features: Paved Parking,Parking Lot,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $648
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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36525 Palm Dr Unit 5103 Rehoboth Beach, DE 19971

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Originating MLS: BRIGHT_MAIN

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