Isle Of Palms, SC 29451
- 1Beds
- 1Full Baths
- N/AHalf Baths
- 420SqFt
- 2000Year Built
- 0.00Acres
- MLS# 24014248
- Residential
- Single Family Attached
- Sold
- Approx Time on Market4 months, 3 days
- AreaIsle of Palms
- CountyCharleston
- Subdivision The Palms Hotel
Overview
Beautiful beachfront suite room in the Palms Oceanfront Hotel. Condo-hotel ownership and operated as a premier beachfront hotel. All rooms are individually owned and the hotel is managed by a well-respected hotel management company. Palms Hotel rooms are great income producers and an easy investment. Your balcony overlooks the dunes, beach and Atlantic ocean. Wake up to the sun rising over the ocean, just steps from your room. The hotel is located in the Isle of Palms front beach business district, surrounded by area restaurants, shops and attractions. Very walkable and accessible. Live music and beach volleyball are close by. Isle of Palms features 7 miles of wide pristine beaches. There are endless recreational opportunities both on and off the water. Just 12 miles to historicCharleston and 30 minutes to the Charleston Airport. The oceanfront hotel includes a welcoming lobby where continental breakfast is served daily, a lovely pool and pool deck and boardwalk to the beach. On-site management, maid service and maintenance staff keep the hotel operating smoothly. Extensively renovated in 2016-2017. The hotel consistently receives high marks in guest reviews and holds the #1 spot on Trip Advisor for Isle of Palms hotels. A strong focus on marketing optimizes daily rate and revenue generation. Room 125, oceanfront, is light bright and inviting and includes two queen beds, a sitting area with table and chairs and a pull-out sofa. New custom made mattresses and a new air conditioning unit add to what is already a comfortable room. Designer color palette, stylish lamps and artwork, wet bar sink, small refrigerator, full bath with shower/tub and other room amenities complete your oceanfront room. You have use of your room for 28 days per year per the Master Deed. Please see Owner's Information Sheet and Master Deed for additional details. This investment is an amazing find!
Sale Info
Listing Date: 06-05-2024
Sold Date: 10-09-2024
Aprox Days on Market: 
4 month(s), 3 day(s)
Listing Sold: 
1 month(s), 4 day(s) ago
Original Asking Price: $445,000
Asking Price: $445,000
Selling Price: $415,000
Price Difference From Original:
Reduced By $30,000
Price Difference From Asking:
Reduced By $30,000
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, Laundry, Pool
Bathroom Info
Fullbaths: 1
Building Info
Levels: 3 Stories
Window Features: Window Treatments
Year Built: 2000
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Exterior Features: Balcony
Pool Private: Yes
Pool Features: Pool - Elevated
Garage / Parking
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Interior Features: Elevator, Wet Bar
Fireplace: No
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: 3
New Construction: No
Property Subtype: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Condo Regime
Room Info
Beds: 1
Sale / Lease Info
Sold Date: 2024-10-09T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Special Features
Sqft Info
Sqft: 420
Unit Info
Unit: 125
Utilities / Hvac
Water Source: Public
Utilities: Dominion Energy, IOP W/S Comm
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront / Water
Water Front Features: Beach Access, Beach Front
Waterfront: Yes
Directions
From The Hwy 17, Take The Isle Of Palms Connector To Isle Of Palms. Go Straight Through The Light At The End Of The Connector To Cross Palm Blvd. Continue On 14th Avenue Until The Road Curves To The Right. The Palms Hotel Will Be On Your Left.Courtesy of listing office Carolina One Real Estate - 843-779-8660