36525 Palm Dr Unit 5103 Rehoboth Beach, DE 19971
Estimated payment $2,507/month
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!!!!!!!!!!!!!!!!
Listing Agent
(302) 632-0675 lferris60@gmail.com Iron Valley Real Estate at The Beach Listed on: 04/09/2025
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
- Entry on the 1st floor
- 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
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 |
|---|---|---|---|---|
| 2025 | $539 | $12,650 | $0 | $12,650 |
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | Price Changed | $414,000 | -0.8% | $389 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $417,500 | -0.6% | $392 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $419,900 | -1.2% | $395 / Sq Ft |
| 05/19/2025 05/19/25 | Price Changed | $424,900 | -1.2% | $399 / Sq Ft |
| 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
MLS Number: DESU2082736
APN: 334-13.00-317.00-5103
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 2025 Bright MLS, Inc.
- 19904 4th Ave Unit 21
- 19975 Dodd Ave Unit G10
- 19855 Center Ave Unit 3134
- 19879 Center Ave Unit 3135
- 19972 1st Ave Unit 1
- 19874 Sea Air Ave
- 20087 Atlantic Ave Unit 52388
- 19703 Queen St Unit 12728
- 36239 King St Unit 13141
- The Retreat ADA Plan at The Flats at Coastal Station
- The Retreat Plan at The Flats at Coastal Station
- The Skyline Plan at The Flats at Coastal Station
- The Grotto Plan at The Flats at Coastal Station
- The Sanctuary Plan at The Flats at Coastal Station
- The Vista Plan at The Flats at Coastal Station
- 19805 Coastal Hwy Unit 202
- 19805 Coastal Hwy Unit 322
- 19805 Coastal Hwy Unit 222
- 19805 Coastal Hwy Unit 221
- 19805 Coastal Hwy Unit 308
- 36507 Palm Dr Unit 2306
- 19967 Sandy Bottom Cir Unit 106
- 36011 Condo Dr Unit A102
- 35859 Parsonage Rd
- 37697 Ulster Dr Unit 16
- 108 Landing Dr
- 400 Cascade Ln Unit 405
- 320 Blue Heron Dr Unit 1
- 36518 Harmon Bay Blvd
- 705 Country Club Rd
- 36417 Fir Dr
- 36407 Fir Dr
- 20407 Margo Lynn Ln
- 19424 Loblolly Cir
- 31 6th St Unit B
- 32015 Azure Ave
- 19211 American Holly Rd
- 19219 American Holly Rd
- 35542 E Atlantic Cir Unit 219
- 35542 E Atlantic Cir Unit 212