36525 Palm Drive #5103

REHOBOTH BEACH, DE 19971

  • 2 Bed(s)
  • 2.0 Bath(s)
  • 0 Sqft
$429,900

Description

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!!!!!!!!!!!!!!!!

  • Property Type

    Residential

  • Subdivision

    The Palms

  • County

    SUSSEX

  • Style

    Unit/Flat

  • AD ID

    49266594

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2
    • Master Bedroom Level: 2

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Laundry Source

    • Laundry Type : Main Floor

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Ceiling Fan(s),Dining Area,Floor Plan - Open,Wood Floors,Window Treatments,Upgraded Countertops,Kitchen - Island
    • Roof : Architectural Shingle
    • Property Amenities: Pool - Outdoor
    • Property Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer,Energy Efficient Appliances,Oven - Single,Oven - Self Cleaning,Oven/Range - Electric,Stainless Steel Appliances,Washer,Water Heater

    Roofing Information

    • Architectural Shingle

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 2003
    • Structure: Unit/Flat/Apartment
    • Major Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer,Energy Efficient Appliances,Oven - Single,Oven - Self Cleaning,Oven/Range - Electric,Stainless Steel Appliances,Washer,Water Heater
    • New Construction: No
    • Built: 2003
    • Construction Material: Vinyl Siding,Stick Built
    • Amenities: Pool - Outdoor
    • Roof: Architectural Shingle
    • Architecture: Unit/Flat
    • Pool/Private: Yes - Community
    • Roof Type: Architectural Shingle

    Exterior Features

    • Utilities: Electric Available,Cable TV Available
    • Building Name: NONE AVAILABLE

    Pool Information

    • Pool: Yes - Community

    Amenities

    • Pool - Outdoor

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Architectural Style: Unit/Flat

    Property Information

    • SQ ft: 1,064
    • SQ ft (Living Area): 1,064
    • View: Pond,Garden/Lawn
    • Subdivision: THE PALMS
    • Financing: Cash,Conventional
    • New Construction: No
    • Type: Unit/Flat

  • Listing Information

    • Possession: 31-60 Days CD
    • Common/Club Amenities: Pool - Outdoor
    • Days Of Market: 14

    Lease Information

    • Lease Considered: No

  • Tax Information

    • Annual Tax: $648
    • Total Taxes Payment Frequency: Annually

    Terms/Deposits/Fees

    • Condo Fees: $800
    • Assoc Fee Freq: $Quarterly

    Possession

    • 31-60 Days CD

    Assessment Information

    • Taxes Assessment Amount: $2,024

  • Parking Information

    • Parking Features: Paved Parking
    • Parking Type: Parking Lot

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional
    • Roof: Architectural Shingle
    • Unit: 5103

    Homeowners Association Information

    • Association Fee 2: $800
    • HOA Fee Frequency: Quarterly
    • Other Fee Frequency: Quarterly
    • Direction: 1 South, right onto Palm Drive, on your right

  • School Information

    • High School: CAPE HENLOPEN
    • School District: CAPE HENLOPEN

    Utility Information

    • Electric Available,Cable TV Available
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: 1 South, right onto Palm Drive, on your right
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 04/25/2025 @ 19:06

  • MLS: DESU2082736
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 2 bedrooms which is for sale, it has 0 sqft, 1,064 sized lot, and 0 parking. are nearby neighborhoods.