- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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Street View
$419,900
Monthly Est:$2,090
2 Beds
2 Baths2 full baths
1,064sqft
36525 Palm Dr #5103, Rehoboth Beach, DE 19971
$419,900
$2,090/moEst:
Get Pre-Approved
Condominium
Built in 2003
$266.67/mo HOA
-- sqft lot
$395/sq.ft
Description
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 outlet shopping, restaurants, and Delaware’s beautiful beaches, and just moments from the bike trail, this home blends convenience with coastal charm. The first-floor location offers easy accessibility for owners and guests alike.
Whether you’re looking for a proven income-producing property or a coastal getaway that helps pay for itself, this one truly stands out.
EASY TO SHOW
- Houzeo last checked: 12 hours ago
- Listing updated: April 3, 2026 at 11:56 am
- Listing Provided by: Laurie N. Ferris (302) 632-0675 | Iron Valley Real Estate at The Beach (302) 541-8787
- Source: Bright MLS-NJ | MLS#: DESU2106504
Property Details
Status
Pending
Type
Condominium
No. of Stories
3
County
City
Neighborhood
--
Year Built
2003
HOA Fees
$266.67/mo
Finished Area
1,064 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
DESU2106504
MLS Status
PENDING-BRIGHT
Days on Market
19
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Location
HOA Management
Premier Community Asso
HOA Fees
$800/ Quarterly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Pool
Trash Pickup
Ext Bldg Maint
Lawn Maintenance
Common Area Maintenance
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Sewer
Public Sewer
Cooling
Central A/c
Interior Features
Ceiling Fan(s), Dining Area, Floor Plan Open, Wood Floors, Window Treatments, Upgraded Countertops, Kitchen Island
Heating
Forced Air
Appliances
Built In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven Single, Oven Self Cleaning, Oven/range Electric, Stainless Steel Appliances, Washer, Water Heater
Flooring
Ceramic Tile, Hardwood, Luxury Vinyl Plank
Construction
Year Built
Year Built: 2003
Home type
Condominium
Roof
Architectural Shingle
Property Condition
Excellent
Architectural Style
Unit/flat
Construction Materials
Vinyl Siding, Stick Built
Utilities & Energy
Parking Features
Paved Parking
Water Source
Public
Utilities
Electric Available, Cable Tv Available
Electric
200+ Amp Service
Association Amenities
Pool Outdoor
Other Features
Patio And Porch Features
Porch, Screened
Subdivision Name
The Palms
Price History
| Date | Event | Price |
|---|---|---|
04/03/2026 Source: | Pending | $419,900 $395/sqft |
03/17/2026 Source: | Listed for Sale | $419,900 $395/sqft |
03/13/2026 Source: | Price Increased | $419,900 +18156.52% $395/sqft |
10/08/2025 Source: | Off Market | $2,300 -99.44% $2/sqft |
09/06/2025 Source: | Price Decreased | $414,000 -0.84% $389/sqft |
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Getting Around 36525 Palm Dr
Bike Score®
Bikeable
61/100
Walk Score®
Somewhat Walkable
55/100
Data provided by Redfin
Nearby Homes
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