$9,500,000
1116 Ocean Boulevard
Isle of Palms, SC 29451
MLS# 26024517
Status: Closed
9600 sqft


1116 Ocean Boulevard, Isle of Palms, SC 29451
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Property Description
Rare opportunity to own an entire oceanfront condo building located directly on the Front Beach in the heart of IOP's retail and restaurant district. This 6-unit condo building is being sold fully furnished, and all units are active, turn-key vacation rentals. Guests love the expansive ocean views from the back covered porches. Just a few steps puts you poolside or on the beach. A few more steps and you're at most of the Island's restaurants, bars, and shops. There are 6 total condo units: Four 3-BR/2.5-BA units at 1600 sq ft each (101, 102, 201, 202); one 1-BR/1-BA unit at 800 sq ft (301); and one 4-BR/3.5-BA unit at 2400 sq ft (302). Sale is for the entire building and land. Units will not be sold separately.

Details
Contract Info
MLS List Date: 2026-08-29
Status: Closed
List Price: $12,800,000
Current Price: $9,500,000
Total List Price/SqFt: 1333.33
Location Tax Legal
Tax Map #: 5681100183
Street #: 1116
Street Name: Ocean
Street Suffix: Boulevard
County: Charleston
State: SC
Zip Code: 29451
Area: 44 - Isle of Palms
Tax District: 24 - City of Isle of Palms
Subdivision: Oceanview
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Directions: From the IOP connector, continue straight across Palm Blvd to 14th Ave. Turn right on Ocean Blvd. Building is on the left. White with orange doors and shutters.
General Property Info
Number of Units: 6
# Stories: 3
Total Apx SqFt: 9600
Year Built: 2002
Acreage: 0.84
Occupancy: Leased
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No
Status Change Info
Sold Date: 2026-10-07
Sold Price/SqFt: 989.58
New Mortgage Type: Cash
Property Features
SqFt Source: Tax Records
Foundation: Combination
Architectural Style: Condominium; More than 4
Cooling: Central Air
Amenities: Elevators; Pool; Trash
Sale Includes: All Furniture; Building and Land; Other (Use Remarks)
Proposed Financing: Cash; Conventional Loan; Exchange
Possession: Tenants Rights
Special: Flood Insurance
Utility Suppliers: Dominion Energy; IOP W/S Comm
Supplements
Recent improvements include: -New roof 2021 -Entire building painted -All windows & sliding glass doors replaced -All master bedroom showers replaced -New granite and cabinets (all replaced between 2019-2021) -All new LVT flooring (2018-2021) -All freshly painted (2019-2021) -Common areas sealed -New shutters (orange) -New fences built to create boundaries to property -Upgraded sprinkler & fire equipment in covered garage -New outdoor shower & bench area off beach access -Rebuilt 75% of the beach access walk -Pool decking resurfaced in 2023 -Painted reserve parking spaces -All new lattice around perimeter of ground level -Painted the property-facing side of the public bathhouse -Improved drainage around the property -All dryer vents replaced -Many furnishings for each unit were upgraded

Listing Office: AgentOwned Realty Preferred Group

Last Updated: October - 08 - 2026

1116 Ocean Boulevard, Isle of Palms, SC 29451 - MLS# 26024517

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Broker Attribution: 843-886-9993

About Me

Josiah Williams was born and raised in the Holy City and loves everything the city has to offer. He believes Charleston has something to offer for everyone; whether you enjoy the outdoors, amazing cuisine or the deep history embedded within this great city.

Contact Info

Josiah Williams Real Estate

3103 Ion Avenue
Sullivan’s Island, SC 29482

Direct: 843.860.0858
Fax: 843.881.0824