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36525 Palm Drive, Unit 5106Rehoboth Beach, DE 19971Price: $429,000

  • Price: $429,000
  • Est. Mortgage of $/month
  • 34 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $429,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 2003Year Built
  • 1,426Square Feet

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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.

Property Details of 36525 Palm Drive, Unit 5106

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Listed by GEOFFREY HOWARD of Keller Williams Realty

Copyright 2024 BRIGHT, All Rights Reserved.  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 The Real McCoy Team | Coldwell Banker Residential Brokerage 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.Data last updated April 18, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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