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7 33rd Avenue, Isle of Palms, SC 29451

$3,475,000
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 3,806 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $3,475,000 List Date: 3/06/2024 Last Modified: 7/01/2024

Description

Coastal rental properties are more lucrative than ever, and 7 33rd Avenue presents an exceptional opportunity to reap high-yield returns in the sought-after Isle of Palms community. This property generated $350k in revenue last year, and $254k in rentals have already been booked for 2024. Just one block from the beach on Cameron Boulevard, this home offers breathtaking rooftop views of the Atlantic Ocean. Vacationers seeking a beachfront retreat will find the perfect blend of luxury and location. Built on a solid concrete foundation, and sold fully furnished, this property is ready to generate rental income right now and for years to come. Savvy investors will start earning immediate returns on day one without the hassle of furnishing or decorating.

Supplements: With its six bedrooms and 3,800 square feet of indoor living space, this property accommodates large groups with ease where guests can enjoy privacy and comfort. There is parking for six vehicles, and an elevator accessing each floor. An additional 2,000 square feet of rooftop deck features a wet bar, large chess set, and an incredible aerial view of the ocean and the pool below. No luxury resort-style living experience is complete without a heated swimming pool that guests can enjoy all year, especially when the ocean is a little too cold. With a complete automation system, investors can easily manage the pool's function through an app. The lush landscaping around the home is maintained with irrigation and accented by a putting green for guests to practice between rounds. After a day in the sand or on the course, guests can rinse off in the outdoor shower with hot and cold water. Sunsets and dinner prep at the outdoor kitchen are accentuated by the pavilion's Polywood fire pit, barstools, and dining set. The kitchen inside is newly remodeled, with updated countertops, stainless steel appliances, shiplap accents, and faux beams. Guests are also treated to hand painted murals by a local artist featured in the kitchen as well as outside by the pool. Further improvements include 3 custom built-in queen bunks, a tankless water heater and all new furniture in the bedrooms and living rooms. Out on the porch, you find daybed porch swings for relaxing in the ocean breeze. Don't miss this special opportunity to capitalize on the booming vacation rental market in Isle of Palms. Maximize your rental income potential with multiple streams, including short-term vacation rentals, long-term leases, or special event bookings and cater to a diverse range of guests throughout the year. With its excellent location, stunning ocean views, luxurious amenities, and proven rental income, 7 33rd Avenue is primed and ready for big time ROI. Schedule a viewing today and start earning right away.

More Information MLS# 24004901

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2024-02-27 Status: Active Start Showing Date: 2024-03-02 List Price: $3,475,000 Current Price: $3,475,000

Location, Tax & Legal

Tax Map #: 5711000123 Street #: 7 Street Name: 33rd Street Suffix: Avenue County: Charleston State: SC Zip Code: 29451 Area: 44 - Isle of Palms Tax District: 24 - City of Isle of Palms Subdivision: Isle of Palms Elementary School: Sullivans Island Middle School: Moultrie High School: Wando Legal Description: LT 12 BLK P SEC BC-2D Directions: From the Isle of Palms connector: Take a left on Palm Blvd, turn left on 33rd Ave., turn left on Cameron Blvd, and the property is the first house on the right.

General Property Info

Bedrooms: 6 Primary Bedroom – Main Level: No Baths - Full: 6 Baths - Total: 6 Stories: 3 Primary Structure Apx SqFt: 3806 Year Built: 2005 Acreage: 0.25 Other Structures Y/N: No Potential Short Sale: No Lease Purchase: No HOA Fee: No

Tax/Fees

Taxes: 36583 Regime Fee: No

Office/Member Info

Buyers Agency Compensation: 2 Buyers Agency Compensation Type: %

Property Features

SqFt Source: Previous Listing SF Detached Style: Contemporary Lot Description: Beach Access; Ocean View Misc Exterior: Balcony; Deck; Elevator Shaft; Lawn Irrigation; Patio; Pool - In Ground Foundation: Slab Garage/Parking: 3 Car Garage; Off-Street Parking Stories/Levels: 3 Stories Misc Interior: Elevator New Owned: Pre-Owned Cooling: Central Air Water/Sewer: Public Sewer; Public Water Heat: Electric Possession: At Closing Utility Suppliers: Dominion Energy; IOP W/S Comm Proposed Financing: Any Assumable: No
Listing Office: First Light Realty
Last Updated: July - 01 - 2024
7 33rd Avenue, Isle of Palms, SC 29451- MLS# 24004901
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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