36525 Palm Drive #5103, REHOBOTH BEACH, DE 19971

Local realty services provided by:Better Homes and Gardens Real Estate Reserve
36525 Palm Drive #5103,REHOBOTH BEACH, DE 19971
$417,500
  • 2 Beds
  • 2 Baths
  • 1,064 sq. ft.
  • Condominium
  • Active
Listed by:laurie n. ferris
Office:iron valley real estate at the beach
MLS#:DESU2082736
Source:BRIGHTMLS

Price summary

  • Price:$417,500
  • Price per sq. ft.:$392.39

About this home

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

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Home facts

  • Year built:2003
  • Listing Id #:DESU2082736
  • Added:127 day(s) ago
  • Updated:August 15, 2025 at 01:53 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,064 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:2003
  • Building area:1,064 sq. ft.

Schools

  • High school:CAPE HENLOPEN

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$417,500
  • Price per sq. ft.:$392.39
  • Tax amount:$648