CHARIS REALTY GROUP

Unit/Flat

36525 PALM DRIVE 5103

REHOBOTH BEACH , DE 19971

MLS#: DESU2106504

$419,900

Status: Active
Listing number: DESU2106504
Listing provided by: Iron Valley Real Estate at The Beach
Listing agent phone: None
Last update: a day ago
On site: 6 days ago
Browse Properties
THE PALMS - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

2003

Sq.Footage

1,064

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

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), Kitchen Island, Open Floorplan

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Above Grade Finished Area

    1064.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Main Level Bedrooms

    2

  • Pet friendly

    Dogs OK, Cats OK, Yes

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Paved, Parking Lot

  • Patio and Porch Features

    Porch, Screened

  • Pool

    Yes

  • Pool Features

    Community

  • Waterfront YN

    NO

  • View

    Water, Pond, Garden

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    Unit/Flat

Price

  • Sales Price

    $419,900

  • Tax Amount

    $539

  • Sq. Footage

    1, 064

  • Price/SqFt

    $394

HOA

  • Association

    Yes

  • Association Fee 2

    $800

  • Association Fee 2 Frequency

    Quarterly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    CAPE HENLOPEN

Property Features

  • Stories

    3

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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CAPE HENLOPEN

Listing Courtesy of Laurie N. Ferris , Iron Valley Real Estate at The Beach

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Agent April West

AGENT

April West

Call April today to schedule a private showing.

(301) 442-0106

realtoraprilmd@gmail.com


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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

36525 PALM DRIVE 5103

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