$499,000
Active Under Contract
36 Days Online
1 Bed1 Bath414 SQFT
Active Under Contract
1126 Ocean Boulevard #225Isle Of Palms, SC 29451
OCEANFRONT COND!! 1 BR/1 BTH...Thoroughly renovated in 2018. Private, covered balcony overlooking the Atlantic Ocean and beach. Walk to a number of oceanfront restaurants. Granite Countertops in the unit. The Palms Hotel has 68 of these units with only 18 overlooking the ocean like this. Owners can reserve their own unit up to 28 days annually. Gross Revenue has been $86, 000 annually. Net Operating Income after all expenses excluding mortgage interest has been $40, 000. Financing Available.
- Property TypeCondo
- NeighborhoodThe Palms Hotel
- CountyCharleston
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive Under Contract
- MLS ID Number24015728
- Home Size Source N/A
- Year Built2000
- Lot Size0 Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Parking Off Street
- Sewer Public Sewer
- Number of Stories 11
- Acreage 0
- Property Sub Type Condominium
- Garage Spaces 0
- Foundation Raised
Interior Features
- Cooling Central Air
- Heating Forced AirHeat Pump
- Interior Ceiling - SmoothElevator
- Fireplace No
Exterior Features
- Pool true
- Pool Features Pool - Elevated
- Waterfront Property Yes
- Waterfront Features Beach AccessBeach FrontWaterfront - Deep
- Private Pool true
- Exterior Balcony
- Lot 0 - .5 Acre
Community Features
- Association Dues 0
- MLS Area 44 - Isle of Palms
Schools
School District
Unknown
Elementary School
Sullivans Island
Middle School
Moultrie
High School
Wando
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Monthly Payment (Est.)
$2,414Copyright ©2024 Information is deemed reliable but not guaranteed.