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
AVG $660K
$600K
Visits
AVG 383
347
Year Built
AVG 1999
2000

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