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Asking Price - $419,900
Days on Market - 19
36525 Palm Drive 5103
The Palms
Rehoboth Beach, DE 19971
Featured Agent
EveryHome Realtor
Asking Price
$419,900
Days on Market
19
Bedrooms
2
Full Baths
2
Partial Baths
0
Interior SqFt
1,064
Age
23
Heating
Electric
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
539
Asociation
800 Quarterly
Cap Fee
225
Additional Details Below
EveryHome Realtor
Views: 203
Featured Agent
EveryHome Realtor
Description
Proven Income Producer – Turnkey Coastal Retreat If you’re searching for a remarkable beach investment with immediate income potential, this beautifully renovated first-floor condo is a rare opportunity. In 2025 alone the property generated over $32,000 in rental income—and that figure was reduced due to a long-term renter occupying part of the season. The home has been completely refreshed and thoughtfully redesigned, featuring a brand-new kitchen, stylish tile-surround bathrooms, and designer furnishings throughout. Even better, all furniture conveys, making this a truly turnkey investment or effortless second home. Major updates provide added peace of mind, including a new HVAC system installed in 2025, allowing owners and guests to enjoy comfort year-round. Step onto the screened porch overlooking the community pool, the perfect spot to sip your morning coffee or unwind with a glass of wine after a day at the beach. Ideally located with easy access to Route 1, tax-free outlet shopping, restaurants, and Delaware’s beautiful beaches, and just moments from the bike trail, this home blends convenience with coastal charm. The first-floor location offers easy accessibility for owners and guests alike. Whether you’re looking for a proven income-producing property or a coastal getaway that helps pay for itself, this one truly stands out. EASY TO SHOW
Location
Driving Directions
1 South, right onto Palm Drive, on your right
Listing Details
Summary
Architectural Type
•Unit/Flat
Parking
•Paved Parking, Parking Lot
Interior Features
Flooring
•Ceramic Tile, Hardwood, Luxury Vinyl Plank
Interior Features
•Ceiling Fan(s), Dining Area, Floor Plan - Open, Wood Floors, Window Treatments, Upgraded Countertops, Kitchen - Island, Laundry: Main Floor
Appliances
•Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater
Rooms List
•Bedroom 2, Kitchen, Breakfast Room, Bedroom 1, Great Room, Laundry, Bathroom 1, Bathroom 2, Screened Porch
Exterior Features
Roofing
•Architectural Shingle
Exterior Features
•Vinyl Siding, Stick Built
HOA/Condo Information
HOA Fee Includes
•Trash, Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance
Community Features
•Pool - Outdoor
Utilities
Cooling
•Central A/C, Electric
Heating
•Forced Air, Electric
Additional Utilities
•Electric Available, Cable TV Available, Electric: 200+ Amp Service
Property History
Mar 13, 2026
Temporarily Off Market
3/13/26
Temporarily Off Market
Miscellaneous
Lattitude : 38.717410
Longitude : -75.114190
MLS# : DESU2106504
Views : 203
Listing Courtesy: Laurie Ferris of Iron Valley Real Estate at The Beach
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Notes
Page: © 2026 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Delaware Real Estate Commission - License RB-0020479
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555
