5 27th Avenue, Isle of Palms, SC 29451

$3,750,000
Property Type: Residential Bedrooms: 5 Baths: 5.5 Square Footage: 3,344 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $3,750,000 List Date: 3/11/2022 Last Modified: 11/14/2022

Description

Spectacular contemporary Lowcountry home one block from the beach on the corner of 27th Ave and Cameron Blvd. ESTIMATED COMPLETION FEBRUARY 2023. Projected yearly rent to exceed $350,000 based on 2022 income from an identical floorplan 12 blocks down Cameron Blvd. 5 27th Ave is in a superior location with higher level of finishes and should surpass the other's Income. This open concept may also be enjoyed as a luxury residence. The kitchen opens out to an expansive great room which continues outside to a full length piazza. Soak in the ocean views from the rooftop deck. Luxury finishes include quartz countertops, custom cabinets, professional grade appliances, boutique lighting, wide plank wood flooring, shiplap accents, and designer tile. An elevator is included.

Supplements: With 2 bedrooms downstairs, a Master suite and 2 additional bedrooms upstairs, this home is excellent for multi family use. The master bath features his and her vanities, a large walk in closet, and an oversized shower. Each bedroom has an en suite bathroom. Exterior finishings include 2 full length piazzas, a metal roof, ANDERSEN high impact windows, railings, and Garappa decking. An outdoor kitchen is located by the pool area for year round entertainment. A heated pool creates the potential for significant rental income throughout the year. The spacious 4 car garage has ample room for your vehicles, golf cart, and beach accessories. Early birds receive input into selecting finishes. MSP Custom Homes has has decades of experience building on the Island with an impressive portfolio of luxury homes. Home is located in an X Flood Zone. Exterior and Interior pictures are from a similar home design built by the developer in Isle of Palms.

More Information MLS# 22006073

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2022-03-10 Status: Active List Price: $3,750,000 Current Price: $3,750,000 List Price/SqFt: 1121.41

Location, Tax & Legal

Tax Map #: 5710900133 Street #: 5 Street Name: 27th Street Suffix: Avenue 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 Legal Description: LT 6 BLK J SEC BC-2B Directions: North on Palm Blvd, Left on 27th Ave, house is on the corner of 27th Ave and Cameron Blvd.

General Property Info

Bedrooms: 5 Baths - Full: 5 Baths - Half: 1 Baths - Total: 5.5 Stories: 2 Apx. SqFt: 3344 Ownership: Fee Simple Year Built: 2022 Acreage: 0.2 Potential Short Sale: No C/R: No Lease Purchase: No HOA Fee: No Auction: No

Tax/Fees

Special Assessment: No Taxes: 1798 Regime Fee: No

Status Change Info

Sold Price/SqFt: 776.02 New Mortgage Type: Conventional

Property Features

SqFt Source: Builder/Owner SF Detached Style: Contemporary Lot Description: 0 - .5 Acre; Inside; Ocean View Misc Exterior: Deck; Fence - Wooden Enclosed; Patio - Covered; Pool - In Ground; Porch - Front Porch; Porch - Screened; Storm Windows; Thermal Windows/Doors Roof: Metal Exterior: Cement Plank; Stucco Foundation: Elv. Construction Garage/Parking: 4 Car Garage; Attached Stories/Levels: 2 Stories Misc Interior: Ceilings - 9'+; Elevator; Garden Tub/Shower; Kitchen Island; Walk-In Closets New Owned: Under Construction Rooms: Foyer; Great; Laundry Master Bedroom: Ceiling Fan; Upstairs; Walk-In Closets Cooling: Central Air Floors: Ceramic Tile; Stone; Stone; Wood Equipment/Appliances: Ceiling Fan; Dishwasher; Disposal; Electric Dryer Hookup; Garage Door Opener; Gas Range; Microwave; Refrigerator; Washer Hookup Water/Sewer: Public Sewer; Public Water Heat: Heat Pump Possession: At Closing Utility Suppliers: Dominion Energy; IOP W/S Comm Special: 10 Yr Warranty Amenities: Cable TV; Trash Proposed Financing: Cash; Conventional Loan Assumable: No Green Features: Tankless Water Heater
Listing Office: St. Germain Properties LLC
Last Updated: November - 14 - 2022
5 27th Avenue, Isle of Palms, SC 29451- MLS# 22006073
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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