Bought with Benjamin Stentz • Iron Valley Real Estate at The Beach
$432,500
$432,500
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36525 PALM DR #5201 Rehoboth Beach, DE 19971
3 Beds
2 Baths
1,426 SqFt
Key Details
Sold Price $432,500
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,426 sqft
Price per Sqft $303
Subdivision The Palms
MLS Listing ID DESU2098844
Sold Date 12/19/25
Style Unit/Flat
Bedrooms 3
Full Baths 2
Condo Fees $800/qua
HOA Y/N N
Abv Grd Liv Area 1,426
Year Built 2003
Annual Tax Amount $765
Tax Year 2025
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
Just 2 miles to the Rehoboth Beach Boardwalk, 5 miles to Historic Lewes, and a short walk to premier outlet shopping, this 3BR/2BA, 1,426 sq ft condo at The Palms delivers beach area convenience and proven income. A bright, welcoming layout flows to comfortable bedrooms and two full baths, with in-unit laundry for easy living. Enjoy a low-maintenance coastal home base close to restaurants, breweries, and grocery options. Investors will appreciate the excellent short-term rental history and consistent 5-star guest ratings across multiple platforms (details available). Whether you're seeking a furnished, turnkey beach retreat, an income-producing asset, or both, this is the smart choice for the Rehoboth/Lewes corridor.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning C-1
Rooms
Other Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
Main Level Bedrooms 3
Interior
Interior Features Sprinkler System, Recessed Lighting, Primary Bath(s)
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Equipment Water Heater, Washer/Dryer Stacked, Refrigerator, Oven/Range - Electric, Dishwasher, Built-In Microwave
Furnishings Yes
Fireplace N
Appliance Water Heater, Washer/Dryer Stacked, Refrigerator, Oven/Range - Electric, Dishwasher, Built-In Microwave
Heat Source Electric
Exterior
Amenities Available Pool - Outdoor, Swimming Pool
Water Access N
Accessibility None
Garage N
Building
Story 3
Unit Features Garden 1 - 4 Floors
Above Ground Finished SqFt 1426
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Lawn Maintenance,Common Area Maintenance,Pool(s),Ext Bldg Maint,Trash
Senior Community No
Tax ID 334-13.00-317.00-5201
Ownership Condominium
SqFt Source 1426
Acceptable Financing Cash, Conventional, Variable
Listing Terms Cash, Conventional, Variable
Financing Cash,Conventional,Variable
Special Listing Condition Standard
Pets Allowed Number Limit, Size/Weight Restriction
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