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$419,900
15 Days On Site

36525 PALM DRIVE 5103
REHOBOTH BEACH, DE19971

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,064
SqFt
$395
/SqFt
2003
Built
Subdivision:
THE PALMS
County:
SUSSEX
Listing courtesy of Iron Valley Real Estate at The Beach
Call Now: 443.632.3000
Is this the listing for you? We can help make it yours.
443.632.3000
36525 PALM DRIVE 510336525 PALM DRIVE 510336525 PALM DRIVE 510336525 PALM DRIVE 5103
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Monthly Payment (Est.)

$1,916
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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

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Listing Snapshot
Price 
$419,900
Days On Site 
15 Days
Bedrooms 
2
Inside Area (SqFt) 
1,064 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2003
MLS® Number 
DESU2106504
Status 
Active
Property Tax 
$539
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Cross Street 
Route 1
Direction Faces 
Southwest
Levels 
One
Number Of Stories 
3
Parking 
PavedParking Lot
Parking Spaces 
2
Pets 
Dogs OKCats OKYes
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1064
SqFt Total 
1064
Style 
Unit/Flat
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Zoning 
MR
Interior Features
Appliances 
OvenElectric RangeElectric OvenElectric Water HeaterDishwasherDisposalDryerStainless Steel Appliance(s)WasherWater HeaterMicrowaveENERGY STAR Qualified Appliances
Cooling 
Central AirCeiling Fan(s)Electric
Electric 
200+ Amp Service
Flooring 
WoodCeramic TileHardwoodVinyl
Furnished 
Furnished
Heating 
ElectricForced Air
Interior 
Ceiling Fan(s)Kitchen IslandOpen Floorplan
Laundry Features 
Laundry RoomWasher HookupMain Level
Main Level Bedrooms 
2
Window Features 
Window CoveringsWindow Treatments
Bathroom 1 
Level - Main
Bathroom 2 
Level - Main
Bedroom 1 
Level - Main
Bedroom 2 
Level - Main
Breakfast Room 
Level - Main
Great Room 
Level - Main
Kitchen 
Level - Main
Laundry 
Level - Main
Screened Porch 
Level - Main
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Exterior Features
Construction Details 
Vinyl Siding
Patio And Porch 
PorchScreened
Pool Features 
Community
Roof 
Shingle
View 
WaterPondGarden
Waterview 
WaterPondGarden
Windows/Doors 
Window CoveringsWindow Treatments
Community Features
Association Dues 
800
Community Features 
Pool
HOA Fee Frequency 
Quarterly
MLS Area 
Lewes Rehoboth Hundred (31009)
School District 
CAPE HENLOPEN
Schools
School District
CAPE HENLOPEN
Elementary School
Unknown
Middle School
Unknown
High School
CAPE HENLOPEN
Listing courtesy of Iron Valley Real Estate at The Beach



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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