36525 Palm Dr Unit 5103 Rehoboth Beach, DE 19971
Estimated payment $2,704/month
Total Views
3,150
2
Beds
2
Baths
1,064
Sq Ft
$404
Price per Sq Ft
Highlights
- Pond View
- Open Floorplan
- Furnished
- Rehoboth Elementary School Rated A
- Wood Flooring
- Upgraded Countertops
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 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!!!!!!!!!!!!!!!!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $648
Year Built
- Built in 2003
HOA Fees
- $267 Monthly HOA Fees
Property Views
- Pond
- Garden
Home Design
- Architectural Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,064 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Ceiling Fan
- Window Treatments
- Dining Area
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Paved Parking
- Parking Lot
Schools
- Cape Henlopen High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Energy-Efficient Appliances
- Property is in excellent condition
Listing and Financial Details
- Assessor Parcel Number 334-13.00-317.00-5103
Community Details
Overview
- Association fees include trash, pool(s), common area maintenance, exterior building maintenance
- Low-Rise Condominium
- The Palms Subdivision
- Property Manager
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $648 | $12,650 | $0 | $12,650 |
| 2023 | $648 | $12,650 | $0 | $12,650 |
| 2022 | $625 | $12,650 | $0 | $12,650 |
| 2021 | $619 | $12,650 | $0 | $12,650 |
| 2020 | $617 | $12,650 | $0 | $12,650 |
| 2019 | $618 | $12,650 | $0 | $12,650 |
| 2018 | $577 | $13,150 | $0 | $0 |
| 2017 | $553 | $13,150 | $0 | $0 |
| 2016 | $525 | $13,150 | $0 | $0 |
| 2015 | $502 | $13,150 | $0 | $0 |
| 2014 | $498 | $13,150 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | For Sale | $429,900 | +134.9% | $404 / Sq Ft |
| 12/14/2016 12/14/16 | Sold | $183,000 | -3.6% | $172 / Sq Ft |
| 10/19/2016 10/19/16 | Pending | -- | -- | -- |
| 09/28/2016 09/28/16 | For Sale | $189,900 | -- | $178 / Sq Ft |
Source: Bright MLS
Similar Homes in Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU2082736
APN: 334-13.00-317.00-5103
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