Waithave you seen this stunning condo in the highly sought-after community, The Palms? Its the only one on the market right now, and its been completely redone with beautiful finishesstainless 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 heres 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 youre 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. Its been an incredible investment for the sellersand 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!!!!!!!!!!!!!!!!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Ceiling Fan(s)
- Dining Area
- Floor Plan - Open
- Wood Floors
- Window Treatments
- Upgraded Countertops
- Kitchen - Island
Appliances
- Built-In Microwave
- Dishwasher
- Disposal
- Dryer
- Energy Efficient Appliances
- Oven - Single
- Oven - Self Cleaning
- Oven/Range - Electric
- Stainless Steel Appliances
- Washer
- Water Heater
- Washer Dryer Hookup: Yes
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Forced Air
- Heating: Yes
Garage and Parking
- Parking Features: Paved Parking, Parking Lot Spaces: 2, Parking Lot
- Parking Total: 2
Home Features
Homeowners Association
- Association: No
- Association Fee: 267
- Association Fee Frequency: Quarterly
- Calculated Total Monthly Association Fees: 267
School Information
- High School: CAPE HENLOPEN
- School District: CAPE HENLOPEN
Other Property Info
- Annual Tax Amount: 648.0
- Source Listing Status: Active
- County: SUSSEX
- Disclaimer: Standard
- Ownership: Condominium
- Source Property Type: Residential
- Area: SUSSEX
- Property Subtype: condo
- Source Neighborhood: THE PALMS
- Subdivision: THE PALMS
- Source System Name: C2C
Building and Construction
- Year Built: 2003
- Above Grade Finished Area: 1064
- Construction Materials: Vinyl Siding, Stick Built
- Property Age: 22
- Levels or Stories: 1
- Structure Type: Unit/Flat/Apartment
- House Style: Unit/Flat
- Total Area Sqft: 1064