36525 Palm Dr Unit 5201 Rehoboth Beach, DE 19971
Estimated payment $2,612/month
Highlights
- Furnished
- Water Fountains
- Recessed Lighting
- Rehoboth Elementary School Rated A
- Community Pool
- Central Air
About This Home
Just 2 miles to the Rehoboth Beach Boardwalk, 5 miles to Historic Lewes, and a short walk to premier outlet shopping, this 3BR/2BA, 1,426 sq ft condo at The Palms delivers beach area convenience and proven income. A bright, welcoming layout flows to comfortable bedrooms and two full baths, with in-unit laundry for easy living. Enjoy a low-maintenance coastal home base close to restaurants, breweries, and grocery options. Investors will appreciate the excellent short-term rental history and consistent 5-star guest ratings across multiple platforms (details available). Whether you’re seeking a furnished, turnkey beach retreat, an income-producing asset, or both, this is the smart choice for the Rehoboth/Lewes corridor.
Listing Agent
(302) 563-4643 ifosterbrg@gmail.com Bryan Realty Group License #RS0036412 Listed on: 10/17/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $765
Year Built
- Built in 2003
HOA Fees
- $267 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Entry on the 2nd floor
- Frame Construction
Interior Spaces
- 1,426 Sq Ft Home
- Property has 3 Levels
- Furnished
- Recessed Lighting
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Water Fountains
- Sprinkler System
Listing and Financial Details
- Tax Lot 86
- Assessor Parcel Number 334-13.00-317.00-5201
Community Details
Overview
- Association fees include lawn maintenance, common area maintenance, pool(s), exterior building maintenance, trash
- Low-Rise Condominium
- Premier Condo Association Management Condos
- The Palms Subdivision
- Property Manager
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
- Pet Size Limit
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 | $765 | $17,450 | $0 | $17,450 |
| 2024 | $885 | $17,450 | $0 | $17,450 |
| 2023 | $884 | $17,450 | $0 | $17,450 |
| 2022 | $853 | $17,450 | $0 | $17,450 |
| 2021 | $845 | $17,450 | $0 | $17,450 |
| 2020 | $843 | $17,450 | $0 | $17,450 |
| 2019 | $844 | $17,450 | $0 | $17,450 |
| 2018 | $788 | $17,950 | $0 | $0 |
| 2017 | $755 | $17,950 | $0 | $0 |
| 2016 | $717 | $17,950 | $0 | $0 |
| 2015 | $685 | $17,950 | $0 | $0 |
| 2014 | $670 | $17,950 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | For Sale | $434,900 | +77.9% | $305 / Sq Ft | |
| 03/09/2018 03/09/18 | Sold | $244,500 | -2.2% | $171 / Sq Ft | View Prior Sale |
| 12/29/2017 12/29/17 | Pending | -- | -- | -- | |
| 10/07/2017 10/07/17 | For Sale | $250,000 | -- | $175 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $244,500 | -- | |
| Deed | $199,700 | -- |
Source: Bright MLS
MLS Number: DESU2098844
APN: 334-13.00-317.00-5201
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