$2,525,000
Isle of Palms, SC 29451
MLS# 23005019
Status: Closed
5 beds | 4 baths | 2428 sqft
1 / 44
Property Description
Great investment! Vacation rental with an outstanding rental history and CAP rate. It would also make a great primary home! Classic, updated, 1970s IOP beach house on the South side of the island. Great location one block to the beach and one block to Front Beach shops and restaurants. This is a .24 acre lot with a spacious backyard and a ton of outdoor living space. Full renovation and added pool in 2018-2019. Home will be sold fully furnished with an outstanding vacation rental record; however, it would also make a wonderful primary or secondary home! The ground level includes the foyer; recreation room with bar, beverage refrigerator, and microwave; primary bedroom with king size bed and en suite bath; a secondary bedroom with twin beds; a hall bath; and laundry closet.
Details
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2023-03-08
Status: Closed
List Price: $2,640,000
Current Price: $2,525,000
Total List Price/SqFt: 1087.31
Location Tax Legal
Tax Map #: 5681100118
Street #: 906
Street Name: Carolina
Street Suffix: Boulevard
County: Charleston
State: SC
Zip Code: 29451
Area: 44 - Isle of Palms
Tax District: 24 - City of Isle of Palms
Subdivision: Isle of Palms
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Directions: From the Isle of Palms Connector turn right on Palm Blvd. Turn left onto 10th Ave then right onto Carolina Blvd. House is on the left.
General Property Info
Primary Structure Full Baths: 4
Primary Structure Beds: 5
Total Baths - Full: 4
Total Beds: 5
Baths - Total: 4
Ground Level: Yes
Stories: 2
Primary Structure Apx SqFt: 2428
Total Apx SqFt: 2428
Lot Size: 10,442
Ownership: Fee Simple
Year Built: 1977
Acreage: 0.24
Other Structures Y/N: No
Potential Short Sale: No
C/R: No
Lease Purchase: No
HOA Fee: No
Auction: No
Status Change Info
Sold Date: 2023-06-01
Total Sold Price/SqFt: 1039.95
New Mortgage Type: Cash
Property Features
SqFt Source: Hired Measurement
SF Detached Style: Traditional
Lot Description: 0 - .5 Acre; Level
Misc Exterior: Balcony; Deck; Fence - Wooden Enclosed; Patio; Patio - Covered; Pool - In Ground
Roof: Architectural
Foundation: Slab
Misc Interior: Ceiling - Beamed; Ceiling - Cathedral/Vaulted; Ceiling - Smooth
New Owned: Pre-Owned
Rooms: Bonus; Eat-In-Kitchen; Foyer; Living/Dining Combo
Primary Bedroom: Ceiling Fan; Downstairs; Outside Access; Two Primary Bedrooms; Upstairs
Floors: Luxury Vinyl Plank
Possession: At Closing
Showing Instructions: Contact Listing Agent
Utility Suppliers: Dominion Energy; IOP W/S Comm
Proposed Financing: Cash; Conventional Loan
Assumable: No
Supplements
Upstairs you'll find the kitchen with Shaker-style cabinets, stainless steel appliances, stone countertops, and breakfast bar dining area with table for 8; family room with queen sleeper sofa; a second primary suite with king bed; two secondary bedrooms (one with a queen bed and one with two double beds); and a hall bath. Home is beautifully finished with custom lighting and plumbing fixtures, custom cabinetry, and floor-to-ceiling shiplap in the main areas on the second floor as well as shiplap wainscoting in the main areas on the first floor. Morning coffee and evening cocktails simply taste better when you're on the island, sitting on your second-floor deck overlooking the beautifully landscaped back yard with heated saltwater pool and Travertine patio surround. On the ground level you can choose the sun (poolside) or the shade (covered patio with L-shaped bar and 50" TV). This turn-key property has been completely renovated from top to bottom, inside and out, and is ready to start producing income with its new owner or ready for move in!
Listing Office: AgentOwned Realty Preferred Group
Last Updated: June - 01 - 2023
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.
Broker Attribution:
843-886-9993
