1126 Ocean Boulevard Unit #225, Isle Of Palms, SC 29451

$499,000
1
BD
1
BA
414
SqFt
List Price
$499,000
Status
Active Contingent
MLS#
24015728
Price Change
▼ $20,671 1720217639
Year Built
2000
Living Area
414
Bedrooms
1
Bathrooms
1
Full-baths
1
Subdivision
The Palms Hotel

Property Description

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.

Additional Information

Levels
One
Lot Description
0 - .5 Acre
Interior Features
Ceiling - Smooth, Elevator
Construction
Block/Masonry
Cooling
Central Air
Heating
Forced Air, Heat Pump
Exterior Features
Balcony
Foundation
Raised
Parking
Off Street
Elementary School
Sullivans Island
Middle School
Moultrie
High School
Wando

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Charlie Mccrary from Listing Office: Carolina One Real Estate. 843-779-8660