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36525 PALM DR #5106 Rehoboth Beach, DE 19971
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Key Details
Sold Price $444,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,426 sqft
Price per Sqft $311
Subdivision Palms Of Rehoboth
MLS Listing ID DESU2057640
Sold Date 04/19/24
Style Other
Bedrooms 3
Full Baths 2
Condo Fees $800/qua
HOA Y/N N
Abv Grd Liv Area 1,426
Originating Board BRIGHT
Year Built 2003
Annual Tax Amount $859
Tax Year 2023
Lot Dimensions 0.00 x 0.00
Property Description
This summer, maximize your enjoyment by avoiding the stress of traffic and delays at this conveniently situated address. The Palms of Rehoboth is located just under ¾ mile from turn for the avenue into Rehoboth off of Coastal Highway. A plethora of restaurants, outlet shopping, a gourmet grocery store, water park, and the premier seasonal event venue, Schellville, are all at your doorstep. There is a crosswalk directly in front of the community leading to easy access to the Junction and Breakwater Bike Trail that will take you directly into Rehoboth or also to Lewes and Cape Henlopen State Park.
This cool and chic 3-bedroom 2-bath first floor unit is spectacular. Large bedrooms allow for sleeping up to 10 or more. Recent updates to the kitchen and baths as well as flooring and an eye for style makes this unit the one not to be missed. A large open kitchen-living area is big enough for large gatherings.
Home is lovingly decorated and is being offered fully furnished. Kitchen features enchanting granite countertops along with breakfast bar. The large deep double-sided stainless sink and stainless appliances make preparing meals a breeze. Kitchen is fully equipped with small appliances, all plates, pots, pans, and utensils. A large dining table offers plenty of space for enjoying gatherings.
The living space features a wonderful relaxing area for watching tv, enjoying a book or just resting after a fun-filled day. The home will convey with 3 televisions.
Adding to the enjoyment, the home features a screened in porch with dining table as well as a covered patio perfect for grilling. Outdoor activities can be enjoyed in the backyard area as well as large open lawn area to the side of the property.
Once you are done enjoying the beaches or boardwalk, come home to the Palms of Rehoboth. The community offers open lawns, picturesque ponds with fountain and a lovely swimming pool. All exterior maintenance is taken care of by the association. Community has large parking lot and bike racks. A carefree community offering location, ease of ownership and convenience. Relax, you are at the beach!
Investors take note. This property has proven to be a strong rental. Due to its quick access to Rehoboth Beach, the property rents extremely well in season. Add in the fact that it is directly across the street from the Schellville holiday venue, rentals off season are at a premium. Seller will share all rental data and information if new buyers wish to continue earning rental income. The 2024 season does have many weeks already rented.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning RES
Rooms
Main Level Bedrooms 3
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Furnishings Yes
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 2.0
Amenities Available Pool - Outdoor
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed N
HOA Fee Include Lawn Maintenance,Management,Trash,Snow Removal
Senior Community No
Tax ID 334-13.00-317.00-5106
Ownership Condominium
Special Listing Condition Standard
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Bought with CHRISTOPHER BEAGLE • Compass