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1126 Ocean Blvd Isle of Palms 29451 MLS 24000860

$292,000

Reduced By $17,000
last change 2/29/2024

Photo one of 1126 Ocean Blvd Isle of Palms 29451 | MLS 24000860
1126 Ocean Blvd
Isle of Palms, 29451 MLS# 24000860

  • Bedrooms

    1

  • Full Baths

    1

  • Half Baths

    0

  • Year Built

    2000

  • Days On Market

    108

  • Sq. Feet

    296

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Home Description: 1126 Ocean Blvd

Opportunity to buy into ownership at the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for a hotel room as part of Palms hotel. Owner must participate in hotel management agreement. Offering at list is over a 7.25 % NOI. This is NOT an opportunity to move into the property. This is buying a room in a fully operational ocean front hotel. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from buyer as working capital contribution. Hotel room offered here is an interior unit NOT ocean front or view. Opportunity to affordably own a piece of isle of palms, collect income from hotel operations, after expenses. Pictures are of hotel property, and room. Viewings are limited.Hotel Rooms are not eligible for most traditional forms of financing. Most all sales on this product are in cash.

  • Has Association: Yes
  • Association Fee: $365 Monthly
  • Garage?: Yes
  • Carport?: Yes
  • Parking Features: Other (Use Remarks)
  • Waterfront?: Yes
  • Waterfront Features: Beach Access, Beach Front

Available now at 292000

  • Total Bedrooms: 1
  • Total Baths: 1
  • Heating: Electric
  • Cooling: Central Air
  • StructureType: Condo Regime,Condominium
  • Property Attached?: Yes
  • Levels: 3 Stories
  • Foundation Details: Raised
  • Other Structures: None
  • Pool Features: Pool - Elevated
  • Private Pool?: Yes
  • Stories: 3
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Dominion Energy, IOP W/S Comm
  • Property Condition: Pre-Owned
  • Listing Terms: Cash, Other (Use Agent Notes)
  • : 843.412.2221

Neighborhood

The average asking price of a 1 bedroom Isle Of Palms condo in this zip code is $676,650 (131.7% more than this home).

This condo is priced at $986/sqft, which is 5.5% less than similar condos in the 29451 zip code.

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1126 Ocean Blvd Isle of Palms 29451

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School Information

  • Elementary School:Sullivans Island
  • Middle School:Moultrie
  • High School:Wando

Financial

  • Approx Payment:$1,479*

Area Stats

These statistics are updated daily from the Charleston Trident Association of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (843) 306-2224 and speak with one of our real estate consultants.

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Listing Courtesy of The Peninsula Company, LLC. For information or to schedule a viewing of this property (MLS# 24000860) located at 1126 Ocean Blvd Isle of Palms 29451, call: 843-306-2224

1126 Ocean Blvd, Isle Of Palms is a condo of 296 sqft and is currently priced at $292,000 . This condo has 1 bedrooms. A comparable condo for sale at 9000 Palmetto Dr # F304 in Isle Of Palms is listed at $1,089,000. This condo on 1126 Ocean Blvd has decreased in price by $17,000 and the last change was on 2/29/2024. In addition to condos, Highgarden also makes it easy to find Homes, Condos and New Homes in Isle Of Palms, . Sea Cabin On The Ocean, Oceanside and Wild Dunes Resort are nearby neighborhoods. MLS 24000860 has been posted on this site since 1/11/2024 (107 days ago).

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