$3,450,000
5508 Palm Boulevard
Isle Of Palms, SC 29451
  • 8Beds
  • 7Full Baths
  • N/AHalf Baths
  • 4,012SqFt
  • 2002Year Built
  • 0.24Acres
  • MLS# 24011384
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market3 months, 22 days
  • AreaWild Dunes
  • CountyCharleston
  • Subdivision None

Overview

PRICE REDUCED FOR QUICK SALE. Close to beach- high income property w/ grandfathered rental permit for 20 - abundance of indoor & outdoor living space. Well maintained TurnKey 8BR/7Bth Furnished home. Cannot go wrong whether for business or pleasure! Proforma estimates excess of $275k annual income. Chef's kitchen: Viking range, Subzero fridge, 2 dishwashers, double oven, ice maker, massive counter & seating space. Clean air w/ AC filtration. Clean water w/ whole house water filtration. No carpet. Floors wood; tile baths. Raised heated saltwater pool on screened porch. Medical grade infrared sauna. Chipping & putting green. One of the bedrooms doubles as a media room with theater chairs. Remote control blinds in living area! Roof, solar electric, 3 stop elevator all replaced in 2023.AC/insulation redone 2023. New counter update 2024 not yet shown in pics. Remote control blinds in living room. EV charger. Pool filter/heater replaced in 2023/24! Public beach access path is beside the home, so there is no need to cross Palm Blvd to access beach. Additional beach access path also a cinch to access out the back driveway. This part of the beach is largely residential & a quiet part of IOP beach. Enjoy sunrise/sunset skies or stargazing from the 3rd floor deck. Garage w/ workshop, outdoor shower, EV charger & heated/cooled bonus room. Reverse floor plan -4 bedrooms/4baths on 1st; kitchen/living area on 2nd plus 3 additional bedrooms & baths. Newly replaced elevator access to all levels from garage. Option to join Wild Dunes amenities subject to their restrictions. Sold furnished - turn key for rental income or personal beach paradise. Must see to appreciate quality & ambience. Seller is SC licensed real estate broker. All information believed to be accurate.



Sale Info

Listing Date: 05-05-2024

Sold Date: 08-28-2024

Aprox Days on Market: 
    3 month(s), 22 day(s)

Listing Sold: 
    2 month(s), 19 day(s) ago

Original Asking Price: $3,650,000

Asking Price: $3,499,000

Selling Price: $3,450,000

Price Difference From Original: 
Reduced By $200,000

Price Difference From Asking: 
Reduced By $49,000

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:  Club Membership Available, Elevators, Golf Membership Available, Laundry, Pool, Sauna, Storage

Bathroom Info

Fullbaths:  7

Building Info

Levels:  3 Stories

Window Features:  Storm Window(s), Thermal Windows/Doors, Window Treatments

Year Built:  2002

Floors:  Ceramic Tile, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Fencing:  Partial

Misc Ext:  Deck, Covered, Front Porch, Porch - Full Front, Screened

Exterior Features:  Balcony, Lawn Irrigation, Lighting

Pool Private:  Yes

Pool Features:  Pool - Elevated

Style:  Traditional

Garage / Parking

Gar Pkg:  3 Car Garage, Garage Door Opener

Garage:  Yes

Attached Garage:  No

Green / Env Info

Interior Features

Accessibility Features:  Handicapped Equipped

Desclocation:  Gas Log, Living Room

Interior Features:  Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Bonus, Eat-in Kitchen, Entrance Foyer, Great, Living/Dining Combo, Media, Pantry, Sauna

Fireplace:  Yes

Laundry Features:  Laundry Room

Lot Info

Lot Size:  0.24

Lot Desc:  .5 - 1 Acre

Lot Size Units:  Acres

Acres:  0.24

Lot Sqft:  10454.4

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  3

Foundation:  Raised

Exterior:  Cement Plank, Wood Siding

New Construction:  No

Roof:  Architectural, Asphalt

Property Subtype:  No, Workshop

Building Area Units:  Square Feet

Entry Location:  Ground Level

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  8

Primary Bedroom Features:  Ceiling Fan(s), Multiple Closets, Outside Access, Walk-In Closet(s)

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2024-08-28T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  4012

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy, IOP W/S Comm

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Sullivans Island

Middle:  Moultrie

High:  Wando

Directions

From Mt Pleasant Drive Over Iop Connector. Left At Light Onto Palm Blvd. Continue Straight On Palm As It Winds Left, Then Turn Right. House Is On The Right Just Before End Of Palm Blvd.

Courtesy of listing office Hoover Realty, LLC 

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
Price & Status History (on maisonchs.com since Sun, May 5th 2024)
  • Original Price: $3,650,000
  • Current Price: $3,499,000
  • Price Reduced: $151,000
Date ChangedFromTo
08/28/2024Active ContingentSold
06/08/2024ActiveActive Contingent
05/19/2024$3,599,000 $3,499,000 Reduced by $100,000
05/14/2024$3,650,000 $3,599,000 Reduced by $51,000

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Maison Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-16-2024 9:04 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-16-2024 9:04 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


This real estate website and IDX data is hosted by Dynamic IDX, LLC (843.637.2411)