Waterfront
Address
1126 Ocean Boulevard Isle Of Palms, SC
Price
$ 600,000
Property Attributes
- MLS#20007342
- TypeCondos
- CountyCHARLESTON
- CityIsle Of Palms
- AreaIsle of Palms
- NeighborhoodThe Palms Hotel
- Zip29451
- StyleCondo Regime
- Price$ 600,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage950
Listing Provided Courtesy Of:
AgentOwned Preferred Group
Property Description
Opportunity to buy 3 Hotel rooms in The Palms Hotel, front beach Isle of Palms. This is not a "move in and live" real estate sale offering. This is an offering to own a piece of a limited supply, front beach hotel. Property was closed for major renovations for well over a year and re opened in January 2018. Offering is for 3 interior hotel rooms that had gross revenue of about 38k per room. Management agreement with hotel operator revenue share, condo regime fees etc come out of owner revenue. Owners may use up to 28 days total in a year subject to rules and regs. This beautiful ocean front Hotel offers continental breakfast, and on site swimming pool. Hotel does not coordinate viewings, shown by appointment only. Additional units available. HOA transfer fee applies
| Elementary School | Middle School | High School |
|---|---|---|
| Sullivans Island Elementary School | Moultrie Middle School | Wando High School |
| Price History | |
|---|---|
| 3/13/2020 | Listed $675,000 |
| 10/7/2020 | 12% - $600,000 |
General Features
| Amenities | Cable TV Available, Elevators |
|---|---|
| Auction | No |
| Cooling | Central |
| Elementary School | Sullivans Island |
| Garage Features | Off-Street Parking |
| Heating | Other (Use Remarks) |
| High School | Wando |
| Listing Area | 44 - Isle of Palms |
| Middle School | Moultrie |
| New Owned | Pre-Owned |
| SF Attached Style | Condo Regime |
| Subdivision | The Palms Hotel |
| Type | Single Family Attached |
| Unit Number | 3 Units |
Interior Features
| Ground Level | No |
|---|---|
| Stories | 3 Stories |
| Total Bedrooms | 3 |
Exterior Features
| Acreage | 0.00 |
|---|---|
| Foundation | Elv. Construction |
| Lot Description | Beach Access, Beachfront, 1 - 2 Acres |
| Misc. Exterior | Pool - Elevated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 29451
Price
Visits
Year Built
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Charleston Trident Association of REALTORS. All information is deemed reliable but should be independently verified.
