Patterson-Schwartz Real Estate36525 Palm Drive #5103, Rehoboth Beach, DE 19971 $429,900
Interior Sq. Ft: 1,064
Acreage:
Age:22 years
Style:
Unit/Flat
Subdivision: The Palms
Design/Type:
Unit/Flat/Apartment
Description
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!!!!!!!!!!!!!!!!
Home Assoc: No
Condo Assoc: $800/Quarterly
Basement: N
Pool: Yes - Community
High School: Cape Henlopen
Features
Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Main Floor Laundry, Cable TV Available, Electric Available
Garage/Parking
Parking Lot, Paved Parking
Interior
Ceiling Fan(s), Dining Area, Floor Plan - Open, Upgraded Countertops, Window Treatments, Wood Floors, Ceramic Tile Flooring, Hardwood Flooring, Luxury Vinyl Plank Flooring, Dry Wall
Exterior
Architectural Shingle Roof, Stick Built Exterior, Vinyl Siding
Lot
Garden/Lawn View, Pond View
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-3614
Listing Courtesy of: Iron Valley Real Estate at The Beach , (302) 541-8787, sherricustodio@gmail.com
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Listing data as of 4/15/2025.
