36525 Palm Drive #5103, Rehoboth Beach, DE 19971

Rehoboth Beach
Local realty services provided by:Mountain Realty ERA Powered
36525 Palm Drive #5103,Rehoboth Beach, DE 19971
$419,900
  • 2 Beds
  • 2 Baths
  • 1,064 sq. ft.
  • Condominium
  • Active
Listed by: laurie n. ferris
Office: iron valley real estate at the beach
MLS#:DESU2106504
Source:BRIGHTMLS

Price summary

  • Price:$419,900
  • Price per sq. ft.:$394.64

About this home

Proven Income Producer – Turnkey Coastal Retreat! If you’re searching for a remarkable beach investment with immediate income potential, this beautifully renovated first-floor condo is a rare opportunity. In 2025 alone the property generated over $32,000 in rental income—and that figure was reduced due to a long-term renter occupying part of the season. The home has been completely refreshed and thoughtfully redesigned, featuring a brand-new kitchen, stylish tile-surround bathrooms, and designer furnishings throughout. Even better, all furniture conveys, making this a truly turnkey investment or effortless second home. Major updates provide added peace of mind, including a new HVAC system installed in 2025, allowing owners and guests to enjoy comfort year-round. Step onto the screened porch overlooking the community pool, the perfect spot to sip your morning coffee or unwind with a glass of wine after a day at the beach. Ideally located with easy access to Route 1, tax-free...

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Home facts

  • Year built:2003
  • Listing ID #:DESU2106504
  • Added:17 day(s) ago
  • Updated:March 31, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:9
  • Flooring:Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Dining Description:Dining Area
  • Bathrooms Description:Bathroom 1, Bathroom 2
  • Kitchen Description:Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Kitchen - Island, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Stainless Steel Appliances, Upgraded Countertops, Water Heater
  • Living area:1,064 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Forced Air

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:2003
  • Building area:1,064 sq. ft.
  • Construction Materials:Stick Built, Vinyl Siding
  • Exterior Features:Porch(es), Screened
  • Levels:1 Story

Schools

  • High school:CAPE HENLOPEN

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$419,900
  • Price per sq. ft.:$394.64
  • Tax amount:$539 (2025)

Features and amenities

  • Laundry features:Dryer, Laundry, Washer
  • Amenities:200+ Amp Service, Cable TV Available, Ceiling Fan(s), Electric Available, Window Treatments

Parking

  • Parking description:Parking Lot, Paved Parking

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