Property
Rehoboth Beach, DE 19971 36525 Palm Drive # 5103
$414,000
34 more
Presented By: Iron Valley Real Estate at The Beach
Beds • 2- Baths • 2
- SQFT • 1,064
Beds • 2
Baths • 2
SQFT • 1,064Home Details
GREAT NEW PRICE!!!!!Wait until you see this one! Nestled in the highly sought-after community of The Palms, this completely renovated first-floor condo is truly one of a kind and its the only one currently available! Step inside to discover a bright, open layout with gorgeous new flooring, custom-tiled showers, granite countertops, and stainless-steel appliances all tastefully finished for a modern, move-in-ready lifestyle.
Enjoy serene pond views and peaceful mornings on your screened-in porch, just steps from the community pool. Every detail has been designed for comfort and style and yes, the stunning furniture conveys!
Proven income producer:
This gem generated $26,000 in 2024 with a long-term tenant and $31,500 in 2023 as a short-term rental. Whether youre seeking reliable cash flow or a high-yield investment, this property delivers exceptional returns and unmatched flexibility.
Location, location, location walk or bike to the LewesRehoboth Trail, the beach, Rehoboth Avenue, premier shopping outlets, and top-rated restaurants.
Presented By: Iron Valley Real Estate at The Beach
Interior Features for 36525 Palm Drive # 5103
Bedrooms
Main Level Bedrooms2
Total Bedrooms2
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourceEstimated
Above Grade Finished Area1064
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Central Air Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Luxury Vinyl Plank
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesCeiling Fan(s), Dining Area, Floor Plan - Open, Wood Floors, Window Treatments, Upgraded Countertops, Kitchen - Island
Laundry TypeMain Floor
Other Rooms
Entry Level1
General for 36525 Palm Drive # 5103
Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesBuilt-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater
Architectural StyleUnit/Flat
Association AmenitiesPool - Outdoor
Association Fee IncludesTrash, Pool(s), Common Area Maintenance, Ext Bldg Maint
Association Recreation FeeN
Bathrooms Count Main Level2.00
Bathrooms Full Main Level2
Building NameNONE AVAILABLE
CityREHOBOTH BEACH
Condo/Coop Association Y/NYes
Construction MaterialsVinyl Siding, Stick Built
Cool FuelElectric
CoolingCentral A/C
CountySUSSEX
Directions1 South, right onto Palm Drive, on your right
DisclosuresProp Disclosure, Radon, Lead Based Paint - Federal
Full Baths2
Garage Y/NNo
HOANo
HOA Fee 2800.00
HOA Fee 2 FrequencyQuarterly
HeatingForced Air
Historic Y/NNo
Lease Considered Y/NNo
Legal SubdivisionPalms Of Rehoboth
Levels1
Living Area1064
MLS AreaLewes Rehoboth Hundred (31009)
New ConstructionNo
Other StructuresAbove Grade
OwnershipCondominium
Possession31-60 Days CD
Price Per Sq Ft Total AG389.1
Property ConditionExcellent
Property TypeResidential
RoofArchitectural Shingle
School DistrictCAPE HENLOPEN
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeUnit/Flat/Apartment
Subdivision NameTHE PALMS
Sussex DE QuadrantsBetween Rt 1 & 113
Tax Annual Amount648.0
Tax Assessed Value2024.0
Total SQFT1064
Unit Number5103
UtilitiesElectric Available, Cable TV Available
Vacation Rental Y/NYes
ViewPond, Garden/Lawn
Water Access Y/NNo
Year Built2003
Year Built SourceEstimated
ZoningC-1
Exterior for 36525 Palm Drive # 5103
InclusionsAll furniture, kitchen items and misc. items
Land Assessed Value1000.00
Land Use Code999
Navigable Water Y/NNo
Parking FeaturesPaved Parking
Parking Lot - # of Spaces2
PoolYes - Community
Total Parking Spaces2
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NYes
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
N/A
Middle School
N/A
High School
Cape Henlopen High School
Jenniffer Bravo Llerena
Associate