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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!!!!!!!!!!!!!!!!
| DAYS ON MARKET | 12 | LAST UPDATED | 4/9/2025 |
|---|---|---|---|
| TRACT | THE PALMS | YEAR BUILT | 2003 |
| COMMUNITY | Lewes Rehoboth Hundred (31009) | COUNTY | SUSSEX |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| School District | CAPE HENLOPEN |
|---|---|
| High School | CAPE HENLOPEN |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Structure, Trash |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Oven, Stainless Steel Appliance(s), Washer, Water Heater |
| AREA | Lewes Rehoboth Hundred (31009) |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Electric, Forced Air |
| INTERIOR | Ceiling Fan(s), Kitchen Island, Open Floorplan |
| PARKING | Paved, Parking Lot |
| POOL DESCRIPTION | Community |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Unit/Flat |
| SUBDIVISION | THE PALMS |
| TAXES | 648 |
| UTILITIES | Cable Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water, Pond, Garden |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Iron Valley Real Estate at The Beach
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2025 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2025.
