503 Palmtree Drive # 1 Gaithersburg, MD $ 275,000
503 Palmtree Drive # 1
$ 275,000
Recently Listed
Share Save

503 Palmtree Drive # 1

Gaithersburg, MD, 20878
$ 275,000
Bedrooms2 Baths1.0 Sq 864

Monthly Estimate*

$ 1,693

503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 1
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 2
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 3
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 4
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 5
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 6
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 7
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 8
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 9
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 10
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 11
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 12
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 13
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 14
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 15
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 16
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 17
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 18
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 19
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 20
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 21
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 22
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 23
503 Palmtree Drive # 1, Gaithersburg, MD 20878 - Image 24

Condo for sale in Gaithersburg, MD

for $275,000 with 2 bedrooms and 1 full bath. This 864 square foot condo was built in 1987.

Rare First-Floor Condo in Gaithersburg This bright and spacious two-bedroom, one-bath condo is a rare find, located on the first floor with double-width luxury sliding doors providing direct access to the parking area. Enjoy new in-unit washer and dryer and ample storage with dual closets in the primary bedroom and closet systems throughout the second bedroom, linen closet, pantry, and coat closets. The kitchen features new stainless steel stove and microwave, dual-basin sink, dishwasher, and refrigerator. Community amenities include a pool and tennis courts, with ample open parking available. Condo fee + HOA fee is $410/month and includes water/sewer and access to community amenities. Conveniently located 2 miles to Rio Gaithersburg and I-270/I-370 spur, next to NIST, 4 miles to Kentlands, and under 10 miles to the Capital Beltway. Public transit is nearby with a bus stop one block away, 2 miles to MARC station, and about 5 miles to the Red Line Metro. Minutes to Johns Hopkins campus, Shady Grove Medical Center, and 3 miles to the Intercounty Connector (ICC). Dont miss this rare opportunity for first-floor living with direct parking access and a convenient location!

See more

Condo Active

Price

$ 275,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 2,613

Style

Colonial

Year Built

1987

Town/City

Gaithersburg

County/Region

Montgomery

MLS | Web ID

MDMC2223088

Features
General
Living Area 864
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 0-30 Days CD Settlement
Zoning R20
Association Fee Includes All Ground Fee Common Area Maintenance Lawn Maintenance Management Pool(s) Sewer Trash Water
Architectural Style Colonial
Construction Materials Shingle Siding
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1987
Levels 1
Unit Number 1
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality City of Gaithersburg
Building Name PARK SUMMIT CODM
Accessibility None
HOA Fee 2 401.00
County MONTGOMERY
New Construction N
Property Type Residential
Association Amenities Common Grounds Swimming Pool Tennis Courts Tot Lots/Playground
HOA N
Subdivision Name PARK SUMMIT CODM
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions 270 TO SAM EIG. RIGHT ON GREAT SENECA. RIGHT ON MUDDY BRANCH. RIGHT ON PALM SPRING TO 2ND RIGHT-PALMTREE DRIVE. 503 PALMTREE DRIVE WILL BE ON THE RIGHT.
City GAITHERSBURG
Senior Community Y/N N
HOA Fee 2 Frequency Monthly
Tax Annual Amount 2613.0
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 318.29
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision PARK SUMMIT CODM
See more
Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 864
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
See more
Exterior
Pool Yes - Community
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Waterfront Y/N N
Land Assessed Value 63000.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 503
See more
* Excluded Features
List By
Signature Home Realty Llc

Broker

kellyzhang416@hotmail.com

Email

Affordability Calculator

$1,911
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$218
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3533413 Elementary School
3533471 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2026$275,000 Listed Price

Map


See all

503 Palmtree Drive # 1, Gaithersburg, MD, 20878 is a Condo for sale at $275,000 with 864 sqft. 503 Palmtree Drive # 1 has 2 bedrooms, 1.0 baths, and was built in 1987. The property's zip code is 20878 which is in Gaithersburg, MD