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!!!!!!!!!!!!!!!!
For sale
Price cut: $5K (6/25)
$419,900
36525 Palm Dr UNIT 5103, Rehoboth Beach, DE 19971
2beds
1,064sqft
Est.:
Condominium
Built in 2003
-- sqft lot
$411,500 Zestimate®
$395/sqft
$267/mo HOA
What's special
Community poolStainless steel appliancesGranite countertopsCustom tile showers
- 81 days
- on Zillow |
- 610 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: June 25, 2025 at 01:31am
Listed by:
Laurie Ferris 302-632-0675,
Iron Valley Real Estate at The Beach (302) 541-8787,
Listing Team: The Luxe Property Group
Source: Bright MLS,MLS#: DESU2082736

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven, Self Cleaning Oven, Oven/Range - Electric, Stainless Steel Appliance(s), Washer, Water Heater, Electric Water Heater
- Laundry: Main Level, In Unit
Features
- Ceiling Fan(s), Dining Area, Open Floorplan, Upgraded Countertops, Kitchen Island, Dry Wall
- Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
- Finished area above ground: 1,064
Property
Parking
- Total spaces: 2
- Parking features: Paved, Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Has view: Yes
- View description: Pond, Garden
- Has water view: Yes
- Water view: Pond
Details
- Additional structures: Above Grade
- Parcel number: 33413.00317.005103
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Vinyl Siding, Stick Built
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Cable Available
Community & HOA
Community
- Subdivision: The Palms
HOA
- Has HOA: No
- Amenities included: Pool
- Services included: Trash, Pool(s), Common Area Maintenance, Maintenance Structure
- Condo and coop fee: $800 quarterly
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $395/sqft
- Tax assessed value: $2,024
- Annual tax amount: $648
- Date on market: 4/9/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: All Furniture, Kitchen Items And Misc. Items
- Ownership: Condominium
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