Current Price:$3,750,000List Date:3/11/2022Last Modified:1/25/2023
Spectacular contemporary Lowcountry home one block from the beach on the corner of 27th Ave and Cameron Blvd. Nearly complete... estimated late February. 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
Sub-Type: Single Family DetachedMLS List Date: 2022-03-10Status: Active ContingentList Price: $3,750,000Current Price: $3,750,000List Price/SqFt: 1121.41
Location, Tax & Legal
Tax Map #: 5710900133Street #: 5Street Name: 27thStreet Suffix: AvenueCounty: CharlestonState: SCZip Code: 29451Area: 44 - Isle of PalmsTax District: 24 - City of Isle of PalmsSubdivision: NoneElementary School: Sullivans IslandMiddle School: MoultrieHigh School: WandoLegal Description: LT 6 BLK J SEC BC-2BDirections: North on Palm Blvd, Left on 27th Ave, house is on the corner of 27th Ave and Cameron Blvd.
Sold Price/SqFt: 776.02New Mortgage Type: Conventional
SqFt Source: Builder/OwnerSF Detached Style: ContemporaryLot Description: 0 - .5 Acre; Inside; Ocean ViewMisc Exterior: Deck; Fence - Wooden Enclosed; Patio - Covered; Pool - In Ground; Porch - Front Porch; Porch - Screened; Storm Windows; Thermal Windows/DoorsRoof: MetalExterior: Cement Plank; StuccoFoundation: Elv. ConstructionGarage/Parking: 4 Car Garage; AttachedStories/Levels: 2 StoriesMisc Interior: Ceilings - 9'+; Elevator; Garden Tub/Shower; Kitchen Island; Walk-In ClosetsNew Owned: Under ConstructionRooms: Foyer; Great; LaundryMaster Bedroom: Ceiling Fan; Upstairs; Walk-In ClosetsCooling: Central AirFloors: Ceramic Tile; Stone; Stone; WoodEquipment/Appliances: Ceiling Fan; Dishwasher; Disposal; Electric Dryer Hookup; Garage Door Opener; Gas Range; Microwave; Refrigerator; Washer HookupWater/Sewer: Public Sewer; Public WaterHeat: Heat PumpPossession: At ClosingUtility Suppliers: Dominion Energy; IOP W/S CommSpecial: 10 Yr WarrantyAmenities: Cable TV; TrashProposed Financing: Cash; Conventional LoanAssumable: NoGreen Features: Tankless Water Heater
Listing Office: St. Germain Properties LLC
Last Updated: January - 25 - 2023
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