$434,900

36525 Palm Dr Unit 5201 Rehoboth Beach, DE 19971

Estimated payment $2,630/month

Total Views 774
3 Beds
2 Baths
1,426 Sq Ft
$305 Price per Sq Ft

Highlights

  • Popular Property
  • Furnished
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Water Fountains
  • Recessed Lighting

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

Ingram Foster

(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

Property Details

Home Type

Condominium

Est. Annual Taxes

$765

Year Built

Built in 2003

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Inclusions: Appliances Sold As Is, Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Water Heater, Washer/Dryer Stacked, Refrigerator, Oven/Range - Electric, Dishwasher, Built-In Microwave
  • Entry Floor: 2
  • Interior Amenities: Sprinkler System, Recessed Lighting, Primary Bath(s)
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1426
  • Living Area Sq Ft: 1426
  • Price Per Sq Ft: 304.98
  • Above Grade Finished Sq Ft: 1426
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Block
  • Exterior Features: Water Fountains
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 800.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Premier Condo Association Management
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Pool(s), Ext Bldg Maint, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 687.00
  • Tax Annual Amount: 765.00
  • Assessor Parcel Number: 334-13.00-317.00-5201
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $244,500 --
Deed $199,700 --
Source: Public Records

Source: Bright MLS

MLS Number: DESU2098844

Bright MLS

APN: 334-13.00-317.00-5201