$1,050,000
1010 Ocean Boulevard UNIT #103
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), 28 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

Schools

Elem:  Sullivans Island

Middle:  Laing

High:  Wando

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

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On kennedyrealty.com since Mon, Feb 8th 2016
No Property History recorded for this listing.

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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 Carolina One 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 11-08-2024 8:06 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.
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