$7,200,000
Isle of Palms, SC 29451
MLS# 26009589
Status: Closed
10 beds | 11.5 baths | 4910 sqft
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Property Description
Casa Margarita is a premier oceanfront estate featuring 10 bedrooms and 11.5 bathrooms, comfortably accommodating up to 22 guests. With rental income potential exceeding $800,000 and a rare, grandfathered license for 22 occupants, this property stands among the top-performing rental homes on the island.
Details
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2026-04-04
Status: Closed
List Price: $7,880,000
Current Price: $7,200,000
Total List Price/SqFt: 1604.89
Location Tax Legal
Tax Map #: 5681100231
Street #: 904
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: None
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Directions: From the IOP connector, take a right on Palm Blvd and then a left on 10th Ave. Take 10th Ave to the end and then take a right on Ocean Blvd. House will be on your left.
General Property Info
Primary Structure Full Baths: 11
Primary Structure Half Baths: 1
Primary Structure Beds: 10
Total Baths - Full: 11
Total Baths - Half: 1
Total Beds: 10
Baths - Total: 11.5
Ground Level: No
Primary Bedroom – Main Level: Yes
Stories: 3
Primary Structure Apx SqFt: 4910
Total Apx SqFt: 4910
Ownership: Fee Simple
Year Built: 1992
Acreage: 0.62
Other Structures Y/N: No
Potential Short Sale: No
C/R: No
Occupancy: Leased
Lease Purchase: No
HOA Fee: No
Auction: No
Status Change Info
Sold Date: 2026-06-10
Total Sold Price/SqFt: 1466.4
New Mortgage Type: Conventional
Property Features
SqFt Source: Tax Records
SF Detached Style: Traditional
Lot Description: .5 - 1 Acre; Beach Access; Beachfront; Ocean View
Misc Exterior: Fence - Metal Enclosed; Fence - Vinyl; Patio; Pool - In Ground; Porch - Front Porch; Porch - Rear; Storm Doors; Storm Windows
Roof: Architectural
Exterior: Cement Plank
Attic Features: Walk-In Attic
Foundation: Elv. Construction
Misc Interior: Ceiling - Smooth; Ceilings - 9'+; Elevator; Kitchen Island; Window Treatments - All
New Owned: Pre-Owned
Cooling: Central Air; Electric
Floors: Ceramic Tile; Luxury Vinyl Plank; Wood
Heat: Electric; Forced Air
Possession: Negotiable
Showing Instructions: Contact Listing Agent
Utility Suppliers: Dominion Energy; IOP W/S Comm
Proposed Financing: Any
Assumable: No
Supplements
Perfectly positioned on the oceanfront, Casa Margarita offers breathtaking sunrise views over the Atlantic and an exceptional array of upscale amenities. Enjoy a private pool with attached kiddie pool, above-ground hot tub, expansive outdoor living space, and a private elevator servicing the main living levels.
The home has been thoughtfully enhanced with newly renovated bathrooms and updated fixtures throughout, elevating both style and functionality. The gourmet double kitchen is designed for entertaining at scale, featuring two sets of Sub-Zero refrigerator/freezers, double appliances, and ample workspace for multiple chefs.
The first living floor hosts six spacious king suites, each featuring private bathrooms, walk-in showers, TVs, ocean views, and direct porch access.
The main living level is designed for gathering and entertaining, with generous seating, a large flat-screen TV, and seamless flow into the chef's kitchen. The oceanfront dining area and dual porches provide the perfect setting for meals, dolphin watching, or relaxing in the coastal breeze. This level also includes a billiards room and two additional king suites, each with private baths.
A spiral staircase leads to the top level, where you'll find two more bedrooms--one with two queen beds and one king suite--along with an additional living area showcasing panoramic ocean views.
With its distinctive themed rooms, strong repeat rental history, extensive upgrades, and unmatched capacity, Casa Margarita delivers an exceptional opportunity for both investment and coastal enjoyment.
Listing Office: AgentOwned Realty Preferred Group
Last Updated: June - 12 - 2026
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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