$300,000
$295,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,092 SqFt
SOLD DATE : 03/08/2022
Key Details
Sold Price $300,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,092 sqft
Price per Sqft $274
Subdivision Palms Of Rehoboth
MLS Listing ID DESU2014282
Sold Date 03/08/22
Style Unit/Flat
Bedrooms 2
Full Baths 2
Condo Fees $800/qua
HOA Y/N N
Abv Grd Liv Area 1,092
Originating Board BRIGHT
Year Built 2003
Property Description
Whether you are looking for the perfect home away from home, vacation rental, or both, it doesnt get much better than a condo at The Palms! The Palms in Rehoboth Beach is in a prime location right off Highway 1 and directly across from The Tanger Outlets. It is within walking distance to not only the outlets, but several of the towns most popular local restaurants, as well as grocery stores. Not to mention, it is only a short five-minute drive into downtown Rehoboth and the beach! Beyond having the perfect location, you cant beat the quaint charm of The Palms property itself. This is a rare opportunity to secure your spot in one of the most sought- after locations in town. Giving you the perfect place to escape from city life any time of year or rent it to others for a beach getaway, which is beyond easy since it has already been established as a highly rated rental property on Airbnb (earning approximately $20,000 last year during peak season). This highly rated property has been regularly used by its owners as well, which is reflected in the exceptional care and attention to detail in the maintenance and upkeep of the property. This two-bedroom two bath condo is located on the second floor of the building as you enter The Palms. A short walk up the outdoor stairs and you are home! Walk through the front door and catch a glimpse of the sliding doors that lead to the enclosed deck and offer exceptional natural light throughout the condo. Before heading to check out the deck, turn left to step into the kitchen. In the kitchen, youll notice the beautiful backsplash - just one of the many upgrades in the unit. It also offers the perfect view to the rest of the condo. The open floor plan allows for relaxing conversation with friends and family while cooking dinner or mixing cocktails. Off to the right of the kitchen youll find a short hallway that leads to the front bedroom, as well as a full bathroom. This room is perfect for two twin beds or a king, offering plenty of sleeping options for guests. Outside the bedroom, there is space for a stackable washer and dryer. The master bedroom is filled with lots of natural light from a window that looks out towards the pool. It includes a private ensuite bathroom with a shower. Inside the room there is a large walk-in closet that is perfect for storing additional beach items and bedding. Off the main room, step through the sliding glass doors into the enclosed deck. An ideal spot for an outdoor table where you can eat, drink, and play games on the screened in deck. On sunny days or moonlit evenings, leave the screened area and sit out on the smaller open deck that looks over the pool. Dont forget to head down to the pool for a quick dip or to sunbathe from May through September! At The Palms you have everything you need for the perfect home away from home. *All information herein is deemed reliable but not guaranteed. Buyer is responsible to verify all information.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning RC RES: CONDO
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
Main Level Bedrooms 2
Interior
Interior Features Breakfast Area, Bar
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Flooring Carpet, Vinyl, Engineered Wood
Equipment Dishwasher, Disposal, Dryer - Electric, Microwave, Refrigerator, Washer
Furnishings No
Fireplace N
Appliance Dishwasher, Disposal, Dryer - Electric, Microwave, Refrigerator, Washer
Heat Source Electric
Exterior
Exterior Feature Porch(es), Enclosed, Patio(s), Screened
Pool In Ground
Amenities Available Swimming Pool, Pool - Outdoor
Waterfront N
Water Access N
View Pond
Roof Type Shingle,Asphalt
Street Surface None
Accessibility None
Porch Porch(es), Enclosed, Patio(s), Screened
Parking Type Off Street
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Lawn Maintenance,Common Area Maintenance,Ext Bldg Maint,Insurance,Management,Pool(s),Snow Removal,Trash
Senior Community No
Tax ID 334-13.00-317.00-5205
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Description Cats OK, Dogs OK
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Bought with Teresa A. Queen • Coldwell Banker Resort Realty - Rehoboth
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "