Delaware
Rehoboth Beach
36525 PALM DRIVE #5103

$419,900

36525 PALM DRIVE #5103, Rehoboth Beach, DE 19971

2 beds |
2 baths |
1,064 sqft

Condominium
Built in 2003
—— sqft lot
—— car garage
$395/sqft
Listed 3 months ago

Property 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!!!!!!!!!!!!!!!!

Listing Status:: Active
Date Added:: April 9, 2025 at 05:00AM
Listing Office:: Iron Valley Real Estate at The Beach : 3025418787
Listing Agent:: Laurie N. Ferris : 3026320675
MLS ID:: DESU2082736

General: Ceiling Fan(s)Dining AreaFloor Plan - OpenWood FloorsWindow TreatmentsUpgraded CountertopsKitchen - Island
Appliances: Built-In MicrowaveDishwasherDisposalDryerEnergy Efficient AppliancesOven - SingleOven - Self CleaningOven/Range - ElectricStainless Steel AppliancesWasherWaterHeater
Laundry: Main Floor
Flooring: Ceramic tileHardwoodLuxury vinyl plank
A/C: Central A/C
Heating: Forced AirElectric
Disability Feature: None

This listing courtesy of Laurie N. Ferris, Iron Valley Real Estate at The Beach

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Rehoboth Elementary School

500 Stockley St, Rehoboth Beach, DE, 19971

Grades KG-5

1.51 miles away

Beacon Middle School

19483 John J Williams Hwy, Lewes, DE, 19958

Grades 6-8

1.87 miles away

Cape Henlopen High School

1250 Kings Hwy, Lewes, DE, 19958

Grades 9-12

3.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.