Isle Of Palms, SC 29451
- 4Beds
- 4Full Baths
- N/AHalf Baths
- 1,987SqFt
- 2004Year Built
- 0.00Acres
- MLS# 16003291
- Residential
- Single Family Attached
- Sold
- Approx Time on Market8 months, 2 days
- AreaIsle of Palms
- CountyCharleston
- Subdivision Ocean Palms
Overview
Don't miss this incredible opportunity to purchase a turnkey Ocean Front Rental Property in the Heart of Isle of Palms! This well maintained condo is a true delight and offers your own direct access to the pool and the boardwalk to the beach. The living space features hardwood floors, an open floor plan and beautiful ocean views. The kitchen is appointed with maple cabinets, granite counters, a double embedded sink, and an eat at bar. The great room is bright and sunny with a wet bar, ceiling fan and porch access. The master bedroom offers ocean views and private access to the patio, a spacious bathroom with dual vanity, garden tub, walk in shower, and dual closets. The other three bedrooms are all a great size with lots of closet space. CLICK MORE...The following items have been updated:HVAC 2015 with a paid maintenance plan until Fall 2016Dishwasher 2008Refrigerator 2012Dryer 2012Bedroom mattress 2008 & 2014TV Living room 2006, 2008, 2011TV Master BR 2013Patio furniture 2009, 2012, 2013The condo is managed through VRBO and homeaway. The property is rented almost year round and has quite a few repeat visitors every year.Rental Income is as follows:2013 $76,8832014 $95,8122015 $99,430Over $60,000 on the books for 2016 as of 2/8/16HOA Breakdown is as follows:$845 goes to Insurance$127 goes to Reserve funding$665 goes to Maintenance$103 goes to Mgmt/Legal/AcctMaintenance fund is used for:ElevatorLandscaping/Mulch/FlowersPool Contract/MaintenancePest ControlDryer Vent cleanoutSafety & Fire SystemsGate MaintenanceBoardwalk MaintenancePowerwashingWater for building & poolElectric for common areasBuilding repairsAnnual roof inspection/repairsBuyer to verify schools, taxes, square footage, amenities, HOA Fees, Buyer transfer fees, and anything else deemed important.
Sale Info
Listing Date: 02-08-2016
Sold Date: 10-11-2016
Aprox Days on Market: 
8 month(s), 2 day(s)
Listing Sold: 
8 Year(s), 1 month(s), 4 day(s) ago
Original Asking Price: $1,199,000
Asking Price: $1,199,000
Selling Price: $1,050,000
Price Difference From Original:
Reduced By $149,000
Price Difference From Asking:
Reduced By $149,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Community Features: Elevators, Gated, Lawn Maint Incl, Pool, Trash, Walk/Jog Trails
Bathroom Info
Fullbaths: 4
Building Info
Levels: One
Window Features: Thermal Windows/Doors, Window Treatments
Year Built: 2004
Floors: Ceramic Tile, Wood
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Misc Ext: Covered
Pool Private: No
Garage / Parking
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Interior Features: Ceiling - Smooth, Elevator, Garden Tub/Shower, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Entrance Foyer, Living/Dining Combo, Utility
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: A
Stories: 1
Foundation: Raised
Exterior: Stucco
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Condominium, High Rise
Room Info
Beds: 4
Primary Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Outside Access, Split, Walk-In Closet(s)
Room Master Bedroom Level: Lower
Sale / Lease Info
Sold Date: 2016-10-11T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Special Features
Sqft Info
Sqft: 1987
Unit Info
Unit: 103
Utilities / Hvac
Water Source: Public
Utilities: IOP W/S Comm, SCE & G
Heating: No
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Water Front Features: Beach Access, Beach Front
Waterfront: Yes
Directions
Iop Connector To Isle Of Palms, Right On Palm Blvd, Left On Jc Long Blvd, Sharp Left On Ocean Blvd, Building Is On The Right.Courtesy of listing office Carolina One Real Estate - 843-779-8660