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$432,500

  • Sold
  • Closed
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,426 Sq. Ft.
  • Updated 4 days ago
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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.

Full Property Details for 36525 Palm Dr #5201

General

  • Sold For: $432,500
  • HOA FEE: $267/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $765 (2025)
  • Status: Closed
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2098844
  • Added to Site: 92 day(s) ago

Interior

  • Number of Rooms: 5
  • Rooms/Areas: Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
  • Interior Features: Sprinkler System, Recessed Lighting, Primary Bath(s)
  • Appliances: Water Heater, Washer/Dryer Stacked, Refrigerator, Oven/Range - Electric, Dishwasher, Built-In Microwave
  • Furnished: Yes

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Additional Information

  • Shared Amenities: Pool - Outdoor, Swimming Pool
  • Shared Pool: Yes
  • Pool: Yes

Exterior

  • Exterior Features: Water Fountains

Parking

  • Parking Type: Parking Lot

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Subdivision: THE PALMS
  • Driving Directions: SB RT 1, Right onto Palm Dr.

School Information

  • School District: Cape Henlopen

Community

  • Assoc. Fees Include: Lawn Maintenance, Common Area Maintenance, Pool(s), Ext Bldg Maint, Trash
  • Pets Allowed: Yes
  • Pets: Number Limit, Size/Weight Restriction

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Unit/Flat
  • Structure Type: Garden 1 - 4 Floors
  • Construction: Frame, Block
  • Entry Floor Number: 2
  • Stories Description: Main
  • Square Feet: 1,426
  • Sq. Ft. Source: Assessor
  • Living Area: 1,426 Sq. Ft.
  • Finished Above Grnd: 1,426 Sq. Ft.
  • Year Built: 2003
  • Year Built Source: Assessor

Lot Features

  • Zoning: C-1

Financial Considerations

  • Price Per Sq. Ft.: $303.3
  • Condo Fee: $800
  • Condo Fee Freq: Quarterly
  • Assessment Year: 2025
  • School Tax: $687
  • County Tax: $77
  • County Tax Freq: Annually
  • Tax Amount: $765
  • Tax Year: 2025
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 1426

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Inclusions: Appliances Sold As Is, Fully Furnished
  • Lot Number: 86

Listed by Bryan Realty Group, Ingram Bryant Foster
Sold by Iron Valley Real Estate at The Beach, Benjamin Stentz

Listing agent

— 36525 Palm Dr #5201 —

  • Ingram Bryant Foster

    Bryan Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 36525 Palm Dr #5201

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-61.5 mi
Mariner Middle School
16391 Harbeson Road, Milton, DE 19968
5-811.2 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-123.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 36525 Palm Dr #5201

Date
Details
Price
Change
Source
12/19/2025
Sold
$432,500
—
MLS
12/12/2025
Price Reduced
$432,500
-0.55%
MLS
10/17/2025
Listed
$434,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Bryan Realty Group, Ingram Bryant Foster
Sold by Iron Valley Real Estate at The Beach, Benjamin Stentz

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36525 Palm Drive #5201, Rehoboth Beach, DE 19971 (MLS# DESU2098844) is a Condo property that was sold at $432,500 on December 19, 2025. Want to learn more about 36525 Palm Drive #5201? Do you have questions about finding other Condo real estate for sale in Rehoboth Beach? You can browse all Rehoboth Beach real estate or contact a Coldwell Banker agent to request more information.