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5508 Palm Boulevard, Isle of Palms, SC 29451

$3,599,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 4,012 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $3,599,000 List Date: 5/05/2024 Last Modified: 5/14/2024

Description

Close to beach- high income property w/ grandfathered rental permit for 20 - abundance of indoor & outdoor living space. Well maintained TurnKey 8BR/7Bth Furnished home. Cannot go wrong whether for business or pleasure! Proforma estimates excess of $275k annual income. Chef's kitchen: Viking range, Subzero fridge, 2 dishwashers, double oven, ice maker, massive counter & seating space. Clean air w/ AC filtration. Clean water w/ whole house water filtration. No carpet. Floors wood; tile baths. Raised heated saltwater pool on screened porch. Medical grade infrared sauna. Chipping & putting green. One of the bedrooms doubles as a media room with theater chairs. Remote control blinds in living area! Roof, solar electric, 3 stop elevator all replaced in 2023. AC/insulation redone 2023.

Supplements: New counter update 2024 not yet shown in pics. EV charger. Pool filter/heater replaced in 2023/24! Public beach access path is beside the home, so there is no need to cross Palm Blvd to access beach. Additional beach access path also a cinch to access out the back driveway. This part of the beach is largely residential & a quiet part of IOP beach. Enjoy sunrise/sunset skies or stargazing from the 3rd floor deck. Garage w/ workshop, outdoor shower, EV charger & heated/cooled bonus room. Reverse floor plan -4 bedrooms/4baths on 1st; kitchen/living area on 2nd plus 3 additional bedrooms & baths. Newly replaced elevator access to all levels from garage. Option to join Wild Dunes amenities subject to their restrictions. Sold furnished - turn key for rental income or personal beach paradise. Must see to appreciate quality & ambience. Seller is SC licensed real estate broker. All information believed to be accurate.

More Information MLS# 24011384

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2024-05-05 Status: Active List Price: $3,599,000 Current Price: $3,599,000

Location, Tax & Legal

Tax Map #: 6040900075 Street #: 5508 Street Name: Palm Street Suffix: Boulevard County: Charleston State: SC Zip Code: 29451 Area: 45 - Wild Dunes Tax District: 24 - City of Isle of Palms Subdivision: None Elementary School: Sullivans Island Middle School: Moultrie High School: Wando Legal Description: LOT 1 TRACT A BLK C Directions: From Mt Pleasant drive over IOP Connector. Left at light onto Palm Blvd. Continue straight on Palm as it winds left, then turn right. House is on the Right just before end of Palm Blvd.

General Property Info

Bedrooms: 8 Primary Bedroom – Main Level: No Baths - Full: 7 Baths - Total: 7 Ground Level: Yes Stories: 3 Primary Structure Apx SqFt: 4012 Ownership: Fee Simple Year Built: 2002 Acreage: 0.24 Other Structures Y/N: No Potential Short Sale: No C/R: No Lease Purchase: No HOA Fee: No Auction: No

Tax/Fees

Special Assessment: No Taxes: 41210

Office/Member Info

Buyers Agency Compensation: 2.5 Buyers Agency Compensation Type: %

Car Charging Station Details

Location: in garage EV charging station

Solar Panel Details

Location: Located on Rooftop

Property Features

SqFt Source: Builder/Owner; Previous Listing SF Detached Style: Traditional Lot Description: .5 - 1 Acre Misc Exterior: Balcony; Deck; Fence - Partial; Handicapped Equipped; Lawn Irrigation; Patio - Covered; Pool - Elevated; Porch - Front Porch; Porch - Full Front; Porch - Screened; Sauna; Special Yard Lights; Storage; Storm Windows; Thermal Windows/Doors; Workshop Roof: Architectural; Asphalt Shingle Exterior: Cement Plank; Wood Siding Foundation: Elv. Construction Garage/Parking: Car Charging Station; 3 Car Garage Stories/Levels: 3 Stories Misc Interior: Ceiling - Smooth; Ceilings - 9'+; Elevator; Handicapped Equipped; Kitchen Island; Sauna; Walk-In Closets; Window Treatments - All New Owned: Pre-Owned Rooms: Bonus; Eat-In-Kitchen; Foyer; Great; Laundry; Living/Dining Combo; Media; Pantry; Sauna Primary Bedroom: Ceiling Fan; Downstairs; Multiple Closets; Outside Access; Walk-In Closets Cooling: Central Air Floors: Ceramic Tile; Wood FP Desc/Location: Gas Logs; Living Room Equipment/Appliances: Built-In Electric Oven; Ceiling Fan; Dishwasher; Disposal; Dryer; Garage Door Opener; Gas Cooktop; Microwave; Refrigerator; Washer; Other Water/Sewer: Public Sewer; Public Water Heat: Electric Possession: At Closing Showing Instructions: Contact Listing Agent Utility Suppliers: Dominion Energy; IOP W/S Comm Amenities: Cable TV; Club Membership Available; Elevators; Golf Membership Available; Handicapped Equipped; Laundry; Pool; Sauna; Storage Proposed Financing: Any Assumable: No Green Features: Energy Star Appliance; Solar Panels Solar Panel Details: Own

Documents

Listing Office: Hoover Realty, LLC
Last Updated: May - 14 - 2024
5508 Palm Boulevard, Isle of Palms, SC 29451- MLS# 24011384
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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