Viewing Listing MLS# 22023465

$1,025,000 | 2 beds | 2 full baths | N/A half baths | 1,607 sqft

$1,025,000 Reduced -$50,000
5802 Palmetto Drive UNIT B-505/507
Isle Of Palms, SC 29451
  • 2Beds
  • 2Full Baths
  • N/AHalf Baths
  • 1,607SqFt
  • 2007Year Built
  • 0.00Acres
  • MLS# 22023465
  • Residential
  • Single Family Attached
  • Active

  • Approx Time on Market18 days
  • AreaWild Dunes
  • CountyCharleston
  • SubdivisionWild Dunes


BEST OCEAN VIEWS/LOCATION, BIGGEST & TOP EARNER! There's ONLY one with breathtaking OCEAN VIEWS seeing the sandy beach, plus row houses and new pools rivaling the new hotel's rooftop! With a mini privacy wall, this one-of-a-kind PERFECTLY POSITIONED beyond Turn Key condo in Resort Central has 2 Queens (not Twins) in the biggest 2nd bedroom Lock Off that can be rented 4 ways to maximize income! Rent all together as a 2-bedroom (1 King, 2 Queens, sleeper sofa) or separately as individual Suites for extra revenue, especially during conventions, or stay in one side and rent out the other! 2022 JULY RENT over $21K & JUNE RENT $17K+ 2022 gross Rent $120K approx. Enjoy high, 11-foot ceilings, a gourmet granite kitchen with stainless appliances,built-in oven, dryer, trash compactor, NEW refrigerator, NEW HVAC, upgrades and no-worry full-spectrum luxury concierge management in this fully furnished turnkey unique unit! Soak in the marble-encased tub, relax on your ocean facing balcony wrapped in Wild Dunes robes. Stroll downstairs to the Spa or to ALL amenities WD offers, including gourmet catered delivered meals! Get all the BEST of a condo and resort hotel with daily optional housekeeping, valet, 2 concierges, priority access to ALL Wild Dunes amenities-pools, gyms, tennis and discounts from resort restaurants, bike rentals, shops on ground floor with the great Atlantic Ocean just steps away! NEW AC & refrigerator/2022 + newer hot water heaters. Bookended in between the resort's 2 highly ranked hotels, the Residences will join the few condos worldwide with this distinction for extra value and future demand. Extra perks: Listen to live music at the Grand Pavilion, stroll/bike on trails, amphitheater entertainment, gated personalized parking, private W&D, travertine, tile and carpet flooring, owner's closet, bike storage, access to the Owner's Beach House and more! Owners get discounts while vacationing and can put resort meals and activities on their account. Don't miss this RARE OPPORTUNITY to own a top floor earner (next to Penthouses) with literally the BEST OCEAN VIEWS and location IN THE COMPLEX! Projected income post-covid is SKYROCKETING! Regime FEE includes more than other condos: building and flood insurance, water, sewer, land line phone, high speed internet/Wifi, cable, 2 concierges, valet/bellman services, pool, termite/bug control, exterior maintenance/gardening, building backup generator, patrolled security + Master capital reserve fund. Windows and doors are not replaced by owners. A PERFECT BEACH GETAWAY & E-Z INVESTMENT!

Bathroom Info

Fullbaths:  2

Building Info

Floors:  Carpet, Marble, Other, Luxury Vinyl Plank

Year Built:  2,007

Foundation:  Elv. Construction

Exterior Features

Exterior:  Block/Masonry, Stucco

Misc Ext:  Balcony

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Interior Features

Msc Intr:  Ceilings - 9'+, Window Treatments - All, Ceiling - Smooth, Window Treatments - Some, Walk-In Closets

Lot Info

Acres:  0.00

Lot Desc:  Beach Access, Ocean View


Property Info

Stories:  1 Story

Roof:  Metal

Amenity:  Cable TV, Club House, Club Membership Available, Elevators, Gated, Golf Course, Golf Membership Available, Hot Tubs, Lawn Maint Incl, Marina, Pool, Park, Security, Tennis Court(s), Trash, Walk/Jog Trails

Style Sfa:  Condo Regime, Condominium

Room Info

Mstr Br:  Ceiling Fan, Outside Access

Rooms:  Living/Dining Combo, Other (Use Remarks)

Ground Level:  No

Beds:  2

Sale / Lease Info

Lease Purchase:  No

New Ownd:  Pre-Owned

Special Features

Sqft Info

Sqft:  1,607

Tax Info

Tax Map:  6041000540

Unit Info

Unit Num:  B-505/507

Utilities / Hvac

Water Sewer:  Public Sewer, Public Water

Heat:  Heat Pump

Cooling:  Central Air


Elem:  Sullivans Island

Middle:  Moultrie

High:  Wando

Courtesy of listing office Healthy Realty LLC 

Mortgage Calculator

Dollars per $1000
Approximate Monthly Payment 0.0
Price & Status History (on since Thu, Sep 8th 2022)
  • Original Price: $1,075,000
  • Current Price: $1,025,000
  • Price Reduced: $50,000
Date ChangedFromTo
09/22/2022$1,075,000 $1,025,000 Reduced by $50,000

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