2 43rd Avenue, Isle of Palms, SC 29451 (MLS# 19016362)


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2 43rd Avenue, Isle of Palms, SC 29451

$2,875,000
Property Type: Vacant Land Lot Size (sq. ft.): 54,014 Status: Closed
Current Price: $2,875,000 List Date: 6/03/2019 Last Modified: 5/12/2020

Description

There are only a handful of lots on the island that can boast of 120' of beach frontage! The views from this property are simply incredible with expansive Atlantic Ocean vistas. It's about location and this property is off the busy road and down at the end of a quiet avenue. No need to put up with traffic & parking in your front yard! The lot provides good drainage and extends to the mean high-water line (452ft) boasting 1.24 acres on the oceanfront. It has a large building area which can accommodate up to a 6,600 sq. ft home. The large lot leaves ample area for a beautifully landscaped yard.

Supplements: The property features a large 15x30 in-ground pool with expansive pool decking for poolside lounging. The pool was recently constructed and placed on the lot line so that a new structure could be built, and the pool could remain. If you are looking for a spot to build a new, luxurious oceanfront home, this may be it. The lot is tied to city sewer and a grinder pump in place. Flexible terms with option for seller financing or ground lease. Lease option could be a means to build while limiting out of pocket expense, preserving cash. Brown Glaws, one of Charleston most respected builders, offers an option for a magnificent 6 bedroom, 6 full-bath, 2 half-bath luxury 6,600 sqft home ideally suited for this lot. This option would greatly reduce the lead time from purchase to build. The option is yours - purchase the lot and move forward your building plans or consider a turnkey project (see MLS 19017524). Whatever direction you choose, the site is prepped and ready for construction to start. Listed below appraised land value. Land appraised at $3.05M on August 23, 2018. Located only two blocks from the entrance to Wild Dunes Resort means that you have easy access to two great Fazio designed golf courses, clay court tennis center (requires membership), resort spa, shops and restaurants. It's close enough to walk to the resort but located on a dead-end street which provides a quiet environment that is not enjoyed by other oceanfront properties located on the roads regularly traveled.

More Information MLS# 19016362

Location, Tax & Legal

Legal Description: LT 1 BLK C1 SEC D Tax Map #: 5711200040 Street #: 2 Street Name: 43rd 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 Directions: Palm Blvd to 43rd Ave. Turn left, lot is oceanfront on the left.

General Property Info

Lot Size: 120x452 W. Footage: 120 C/R: No HOA Fee: No # Lots: 1 Lot Number: 1 Potential Short Sale: No Acreage: 1.24

Tax/Fees

Taxes: 5854.08

Status Change Info

Sold Price/Acre: 2318548.39 New Mortgage Type: Cash Sold Date: 2020-02-18

Lot Description

1 - 2 Acres: 1 Beach Access: 1 Beachfront: 1 Corner Lot: 1 High: 1

Dev Status

Finished Lots: 1

Zoning

Residential: 1

Uses

Residential: 1

Road Frontage

City Street: 1 Paved: 1

Documents Available

Aerial Photo: 1 Appraisal: 1 Plat: 1

Existing Utilities

Electricity: 1 Sewer At Site: 1

Amenities

Club Membership Avai: 1 Golf Course: 1 Golf Membership Avai: 1 Pool: 1 Trash: 1

Assumable

No: 1

Proposed Financing

Any: 1 Seller/Private: 1 Other (Use Agent Notes): 1

Contract Info

MLS List Date: 2019-06-03 Status: Closed List Price: $2,875,000 Current Price: $2,875,000

Property Features

Lot Description: 1 - 2 Acres; Beach Access; Beachfront; Corner Lot; High Dev Status: Finished Lots Zoning: Residential Uses: Residential Road Frontage: City Street; Paved Documents Available: Aerial Photo; Appraisal; Plat Existing Utilities: Electricity; Sewer At Site Assumable: No Proposed Financing: Any; Seller/Private; Other (Use Agent Notes) Amenities: Club Membership Avai; Golf Course; Golf Membership Avai; Pool; Trash
Listing Office: Carolina One Real Estate
IDX
Last Updated: May - 12 - 2020
Broker Attribution: 843-779-8660

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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