$415,000
1126 Ocean Boulevard UNIT #125
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

Schools

Elem:  Sullivans Island

Middle:  Moultrie

High:  Wando

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

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Price & Status History (on kennedyrealty.com since Wed, Jun 5th 2024)
  • Original Price: $445,000
  • Current Price: $445,000
  • Price Reduced: $0
Date ChangedFromTo
10/09/2024PendingSold
09/25/2024ActivePending

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 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 11-13-2024 10:06 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.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-13-2024 10:06 PM EST est.

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