$417,500
$2.4k
36525 Palm Dr Unit 5103, Rehoboth Beach, DE 19971
- 2Beds
- 2Baths
- 1064SqFt
- 2Beds
- 2Baths
- 1064SqFt
- Property TypeCondo
- Year Built2003
- HOA Fees$267/mo
- Price per Sqft$392
- On highrises114 Days
Property Details
Wait-have you seen this stunning condo in the highly sought-after community, The Palms? It's the only one on the market right now, and it's been completely redone with beautiful finishes-stainless steel appliances, granite countertops, custom tile showers, and gorgeous flooring throughout. The bedrooms are spacious, and the whole place is move-in ready. This beautiful first - floor unit offers serene views of the pond and the community pool - perfect for relaxing and enjoying the tranquil surroundings from your screened - in porch. But here's the kicker: "Proven income producer! This property generated $26,000 in 2024 with a long-term tenant in place, and brought in $31,500 in 2023 through short-term rentals. Whether you're looking for steady cash flow or high-yield potential, this home delivers." stunning furniture conveys. Just steps from the bike trail, Rehoboth outlets, the beach, Rehoboth Ave, and amazing restaurants. It's been an incredible investment for the sellers-and it could be for you too! This is a rare opportunity to own a piece of heaven or to increase your real estate portfolio. Easy to show so schedule your appointment today!!!!!!!!!!!!!!!!
Property Features
Bedrooms
- Bedrooms: 2
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Laurie Ferris
- Brokered by:
- Iron Valley Real Estate at The Beach
- (302) 541-8787