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2307 Palm Boulevard, Isle of Palms, SC 29451
$2,775,000
Property Type:
Residential
Bedrooms:
9
Baths:
6.5
Square Footage:
4,186
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$2,825,000
List Date:
5/18/2021
Last Modified:
8/09/2021
Description
No better time to have a high income producing rental home on the Isle of Palms than now! This large 4000+ sqft home is situated across the street from the Atlantic Ocean and generates approximately $250,000 in gross rental income annually. 2307 Palm sits on a high corner lot recently rezoned and no longer requires flood insurance. Recently updated, 2307 Palm comes equipped with 9 bedrooms, 6.5 bathrooms, a laundry room, gourmet kitchen that opens to an oversized den and a dining room for 20 plus people. Multiple porches host dining areas as well as sitting areas perfect for your guests to enjoy the ocean breeze.
Supplements: There is a 4 stop elevator in the home taking you to every level. The back yard has recently been expanded, turfed, and with the addition of a pool heater, is an outdoor oasis year round. This home has a proven history of rental success.
More Information MLS# 21013318
Location, Tax & Legal
Legal Description: LT 17 SEC BC-2
Tax Map #: 5710900105
Street #: 2307
Street Name: Palm
Street Suffix: Boulevard
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: Turn left off the Isle of Palms connector and continue onto Palm Blvd. Home is on the corner of Palm and 24th Ave.
General Property Info
Ground Level: No
Stories: 3
HOA Fee: No
Potential Short Sale: No
Auction: No
Bedrooms: 9
Baths - Full: 6
Baths - Half: 1
Baths - Total: 6.5
Primary Structure Apx SqFt: 4186
Year Built: 1999
Acreage: 0.25
Tax/Fees
Special Assessment: No
Taxes: 23972.35
Regime Fee: No
Status Change Info
Sold Price/SqFt: 662.92
New Mortgage Type: Conventional
Sold Date: 2021-08-06
SqFt Source
Tax Records: 1
Lot Description
0 - .5 Acre: 1
Beach Access: 1
Corner Lot: 1
High: 1
SF Detached Style
Traditional: 1
Foundation
Elv. Construction: 1
Garage/Parking
2 Car Garage: 1
Misc Exterior
Deck: 1
Fence - Wooden Enclosed: 1
Handicapped Equipped: 1
Lawn Irrigation: 1
Pool - In Ground: 1
Porch - Front Porch: 1
Porch - Full Front: 1
Rain Gutters: 1
Some Storm Wnd/Doors: 1
Special Yard Lights: 1
Stories/Levels
3 Stories: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Cooling
Central Air: 1
Heat
Electric: 1
Rooms
Family: 1
Laundry: 1
Living/Dining Combo: 1
Amenities
Cable TV: 1
Dock Facilities: 1
Dog Park: 1
Elevators: 1
Golf Membership Available: 1
Laundry: 1
Marina: 1
Park: 1
Tennis Court(s): 1
Trash: 1
Assumable
No: 1
Proposed Financing
Cash: 1
Conventional Loan: 1
Misc Interior
Ceiling - Smooth: 1
Ceilings - 9'+: 1
Elevator: 1
Garden Tub/Shower: 1
Kitchen Island: 1
Walk-In Closets: 1
Window Treatments - Some: 1
New Owned
Pre-Owned: 1
Floors
Ceramic Tile: 1
Other: 1
FP Desc/Location
One: 1
Family Room: 1
Possession
At Closing: 1
Water/Sewer
Public Water: 1
Septic: 1
Utility Suppliers
Dominion Energy: 1
IOP W/S Comm: 1
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2021-05-18
Status: Closed
List Price: $2,825,000
Current Price: $2,775,000
Property Features
SqFt Source: Tax Records
SF Detached Style: Traditional
Lot Description: 0 - .5 Acre; Beach Access; Corner Lot; High
Misc Exterior: Deck; Fence - Wooden Enclosed; Handicapped Equipped; Lawn Irrigation; Pool - In Ground; Porch - Front Porch; Porch - Full Front; Rain Gutters; Some Storm Wnd/Doors; Special Yard Lights
Foundation: Elv. Construction
Misc Interior: Ceiling - Smooth; Ceilings - 9'+; Elevator; Garden Tub/Shower; Kitchen Island; Walk-In Closets; Window Treatments - Some
New Owned: Pre-Owned
Rooms: Family; Laundry; Living/Dining Combo
Cooling: Central Air
Floors: Ceramic Tile; Other
Heat: Electric
Possession: At Closing
Utility Suppliers: Dominion Energy; IOP W/S Comm
Amenities: Cable TV; Dock Facilities; Dog Park; Elevators; Golf Membership Available; Laundry; Marina; Park; Tennis Court(s); Trash
Proposed Financing: Cash; Conventional Loan
Assumable: No
Documents
Property Disclosure ›
Listing Office:
Dunes Properties of Chas Inc
Last Updated: August - 09 - 2021
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