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2307 Palm Boulevard, Isle of Palms, SC 29451

$2,775,000
Property Type: Residential Bedrooms: 9 Baths: 6.5 Square Footage: 4,186 Lot Size (sq. ft.): 10,890 Status: Closed
Current Price: $2,775,000 List Date: 5/18/2021 Last Modified: 8/09/2021

Overview

Description

No better time to have a high income producing rental home on the Isle of Palms than now! This large 4000+ sqft home is situated across the street from the Atlantic Ocean and generates approximately $250,000 in gross rental income annually. 2307 Palm sits on a high corner lot recently rezoned and no longer requires flood insurance. Recently updated, 2307 Palm comes equipped with 9 bedrooms, 6.5 bathrooms, a laundry room, gourmet kitchen that opens to an oversized den and a dining room for 20 plus people. Multiple porches host dining areas as well as sitting areas perfect for your guests to enjoy the ocean breeze.

Supplements: There is a 4 stop elevator in the home taking you to every level. The back yard has recently been expanded, turfed, and with the addition of a pool heater, is an outdoor oasis year round. This home has a proven history of rental success.

Listing Details MLS# 21013318

Location, Tax & Legal

Tax Map #
5710900105
Street #
2307
Street Name
Palm
Street Suffix
Boulevard
County
Charleston
State
SC
Zip Code
29451
Area
44 - Isle of Palms
Tax District
24 - City of Isle of Palms
Subdivision
None
Elementary School
Sullivans Island
Middle School
Moultrie
High School
Wando
Directions
Turn left off the Isle of Palms connector and continue onto Palm Blvd. Home is on the corner of Palm and 24th Ave.

Contract Info

Sub-Type
Single Family Detached
MLS List Date
2021-05-18
Total List Price/SqFt
674.87

General Property Info

Primary Structure Full Baths
6
Primary Structure Half Baths
Yes
Primary Structure Beds
9
Total Baths - Full
6
Total Baths - Half
Yes
Total Beds
9
Baths - Total
6.5
Ground Level
No
Stories
3
Total Apx. SqFt
4186
Total Apx SqFt
4186
Year Built
1999
Acreage
0.25
Potential Short Sale
No
HOA Fee
No
Auction
No

Status Change Info

Sold Date
2021-08-06
Total Sold Price/SqFt
662.92
New Mortgage Type
Conventional

More Information

Property Features

SqFt Source: Tax Records SF Detached Style: Traditional Lot Description: 0 - .5 Acre; Beach Access; Corner Lot; High Misc Exterior: Deck; Fence - Wooden Enclosed; Handicapped Equipped; Lawn Irrigation; Pool - In Ground; Porch - Front Porch; Porch - Full Front; Rain Gutters; Some Storm Wnd/Doors; Special Yard Lights Foundation: Elv. Construction Misc Interior: Ceiling - Smooth; Ceilings - 9'+; Elevator; Garden Tub/Shower; Kitchen Island; Walk-In Closets; Window Treatments - Some New Owned: Pre-Owned Rooms: Family; Laundry; Living/Dining Combo Primary Bedroom: Ceiling Fan; Upstairs Cooling: Central Air Floors: Ceramic Tile; Other Heat: Electric Possession: At Closing Utility Suppliers: Dominion Energy; IOP W/S Comm Amenities: Cable TV; Dock Facilities; Dog Park; Elevators; Golf Membership Available; Laundry; Marina; Park; Tennis Court(s); Trash Proposed Financing: Cash; Conventional Loan Assumable: No
IDX
Listing Office: Dunes Properties of Chas Inc
Last Updated: August - 09 - 2021
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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