Backup offers
$5,213 Closing Credit¹
#DESU2083574, Marie Dispoto, Listing office: Coldwell Banker Realty
$424,900 List price
36525 Palm Dr Unit 5103 Rehoboth Beach, DE 19971
$5,046
Closing credit¹
2 beds
2 full
1,064 sqft
$399 / sqft
Condo
Property details
About 36525 Palm Dr Unit 5103
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!!!!!!!!!!!!!!!!
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size1,064 sqft
Year built2003
ParkingPaved Parking, Parking Lot
MLS #DESU2082736
ViewPond, Garden
Summary
- Full Bathrooms: 2
- Appliances: Microwave, Dishwasher, Disposal, Dryer, Oven, Self Cleaning Oven, Oven, Electric Range, Stainless Steel Appliances, Washer, Water Heater
- Basement: No
- Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl Plank
- Interior: Ceiling Fan(s), Dining Area, Floor Plan - Open, Wood Floors, Window Treatments, Upgraded Countertops, Kitchen - Island
- Total Bedroom Count: 2
- Parking: Paved Parking, Parking Lot
- View: Pond, Garden
- Architectural Style: Unit/Flat
- Heating: Forced Air
- Cooling: Central Air
- List Price: $424,900
- Price/SqFt: $399
- Annual Tax Amount: $648
- Tax Year: 2024
- Directions: 1 South, right onto Palm Drive, on your right
- Year Built: 2003
- Stories: 1
- Living Area: 1,064 SqFt
- MLS Number: DESU2082736
- MLS Name: BRIGHT
- Office Name: Iron Valley Real Estate at The Beach
- Office Phone: (302) 541-8787
- Office Email: sherricustodio@gmail.com
- Listing Agent: Laurie N. Ferris
- Agent Phone: (302) 632-0675
- Agent Email: lferris60@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 6:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$424,900
36525 Palm Dr Unit 5103
$5,046
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 14, 2021 | Home Sold | $24,000 |
| Dec 16, 2016 | Home Sold | $183,000 |
| Oct 15, 2007 | Home Sold | $209,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $12,650 | $648 |
| 2023 | $12,650 | $647 |
| 2022 | $12,650 | $625 |
| 2021 | $12,650 | $619 |
| 2020 | $13,150 | $617 |
History based on county public records data.
Nearby schools
9
Rehoboth Elementary School
Public District KG-5
1.5 mi
•500 Stockley St
9
Love Creek Elementary School
Public District KG-5
2.1 mi
•19488 John J Williams Hwy
8
Shields (Richard A.) Elementary School
Public District KG-5
3.9 mi
•910 Shields Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,694. Most Rehoboth Beach, DE residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
38%
<35k
38%
35k-100k
14%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
54%
Single, No Kids
6%
Single, with Kids
31%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
15%
18-34 yrs old
49%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
NASCAR
Where do the neighbors shop?
Kmart
Stein Mart
Dollar General
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Little Caesars
What do the neighbors drive?
Buick
Lincoln
Ram
What do the neighbors listen to?
Oldies
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Rehoboth Beach, DE
Transportation in Rehoboth Beach includes a mix of private and public options, with local buses serving the area and connecting residents to nearby towns. The town is known for its walkable downtown area, making it easy for residents and visitors to navigate the main attractions on foot. For those commuting by car, Coastal Highway provides a direct route to neighboring cities and attractions. The area is also bike-friendly, with several paths and trails available for cycling enthusiasts.
The community is served by a number of public schools, offering educational opportunities for children of all ages. Healthcare is accessible through local clinics and the nearby Beebe Healthcare, which provides comprehensive medical services. The Rehoboth Beach Public Library serves as a cultural hub, and the town's array of boutique shops and restaurants cater to both local and seasonal populations, reflecting the area's culinary diversity and artistic flair.
Rehoboth Beach is celebrated for its vibrant coastal charm and friendly community atmosphere. The town prides itself on its beautiful beaches, boardwalk, and a variety of shops and eateries that contribute to its character as a beloved summer destination. Annual events like the Rehoboth Beach Independent Film Festival and the Sea Witch Festival reflect the town's cultural identity and draw visitors from across the region.
Rehoboth Beach offers a diverse array of housing options, with a significant portion of the market comprised of single-family homes that feature a mix of contemporary, beach cottage, and colonial architectural styles. Condominiums and townhouses are also prevalent, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a steady growth in housing developments, particularly with waterfront and beach-adjacent properties being highly sought after.
About 36525 Palm Dr Unit 5103
The listing price of 36525 Palm Dr Unit 5103 property is $424,900.
The property 36525 Palm Dr Unit 5103 is a condo located in Rehoboth Beach, Delaware, 19971.
Active Listing: 36525 Palm Dr Unit 5103 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 36525 Palm Dr Unit 5103 are: Rehoboth Elementary School (GreatSchools Rating 9/10), Love Creek Elementary School (GreatSchools Rating 9/10), Shields (Richard A.) Elementary School (GreatSchools Rating 8/10), Beacon Middle School (GreatSchools Rating 7/10), Mariner Middle School (GreatSchools Rating 5/10), Millsboro Middle School (GreatSchools Rating 3/10), Cape Henlopen High School (GreatSchools Rating 5/10), Sussex Central High School (GreatSchools Rating 3/10), Indian River High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $648 (source: MLS/based on county public records data).
The last sale was on June 14, 2021 for $24,000 (source: MLS/tax record).
The property at 36525 Palm Dr Unit 5103 has 2 bedrooms and 2 bathrooms.
The property 36525 Palm Dr Unit 5103 is 1,064 SqFt (source: MLS/tax record).
The year of construction for 36525 Palm Dr Unit 5103 is 2003.
This home is located at 36525 Palm Dr Unit 5103 in Rehoboth Beach, DE and zip code 19971. This 1,064 square foot home was built in 2003. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $424,900.
In May 2025 in Rehoboth Beach, DE there were 39.5% more homes for sale than in April. While the average time on the market in May 2025 was 86 days, the median list price was $799,600.
From Rocket Homes Real Estate and based on county public records data.