Viewing Listing MLS# 20007342

  • $600,000
    Reduced -$75,000
  • 1126 Ocean Boulevard UNIT 3 Units
    Isle Of Palms, SC 29451
3Beds
3Full Baths
N/AHalf Baths
950SqFt
2000Year Built
0.00Acres
  • MLS# 20007342
  • Residential
  • Single Family Attached
  • Active

AreaIsle of Palms
CountyCharleston
SubdivisionThe Palms Hotel

Agent Remarks

Opportunity to buy 3 Hotel rooms in The Palms Hotel, front beach Isle of Palms. This is not a ''move in and live'' real estate sale offering. This is an offering to own a piece of a limited supply, front beach hotel. Property was closed for major renovations for well over a year and re opened in January 2018. Offering is for 3 interior hotel rooms that had gross revenue of about 38k per room. Management agreement with hotel operator revenue share, condo regime fees etc come out of owner revenue. Owners may use up to 28 days total in a year subject to rules and regs. This beautiful ocean front Hotel offers continental breakfast, and on site swimming pool. Hotel does not coordinate viewings, shown by appointment only. Additional units available. HOA transfer fee applies


Baths Info

Halfbaths:  0

Fullbaths:  3

Building Info

Year Built:  2000

Foundation:  Elv. Construction

Exterior Features

Misc Ext:  Pool - Elevated

Lot Info

Acres:  0

Lot Desc:  Beach Access, Beachfront, 1 - 2 Acres

Misc Features

Auction:  No

Parking Info

Gar Pkg:  Off-Street Parking

Property Features

Amenity:  Cable TV Available, Elevators

Single Family Attached Style:  Condo Regime

Stories:  3 Stories

Rooms Info

Beds:  3

Ground Level:  No

SqFt Info

Sqft:  950

Unit Info

Unit Num:  3 Units

Utilities / HVAC

Cooling:  Central

Heat:  Other (Use Remarks)

Water Sewer:  Public Sewer, Public Water

Schools

Elem:  Sullivans Island

Middle:  Moultrie

High:  Wando

Courtesy of listing office AgentOwned Preferred Group 

Mortgage Calculator

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Approximate Monthly Payment 0.0
Price & Status History (on highendcharleston.com since Fri, Mar 13th 2020)
  • Original Price: $675,000
  • Current Price: $600,000
  • Price Reduced: $75,000
Date ChangedFromTo
10/07/2020$675,000 $600,000 Reduced by $75,000

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 10-25-2020 8:16 AM 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 2020 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2020 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 10-25-2020 8:16 AM EST est.

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