5508 Palm Boulevard, Isle of Palms, SC 29451 (MLS# 24011384)


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5508 Palm Boulevard, Isle of Palms, SC 29451

$3,450,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 4,012 Lot Size (sq. ft.): 10,454 Status: Closed
Current Price: $3,499,000 List Date: 5/05/2024 Last Modified: 8/28/2024

Description

PRICE REDUCED FOR QUICK SALE. 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.

Supplements: AC/insulation redone 2023. New counter update 2024 not yet shown in pics. Remote control blinds in living room. 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

Primary Structure List Price/SqFt: 872.13 Sub-Type: Single Family Detached MLS List Date: 2024-05-05 Status: Closed List Price: $3,499,000 Current Price: $3,450,000

Location, Tax & Legal

Legal Description: LOT 1 TRACT A BLK C 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 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

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

Tax/Fees

Special Assessment: No Taxes: 41210

Status Change Info

Sold Price/SqFt: 859.92 New Mortgage Type: Cash Sold Date: 2024-08-28

SqFt Source

Builder/Owner: 1 Previous Listing: 1

Roof

Architectural: 1 Asphalt Shingle: 1

Lot Description

.5 - 1 Acre: 1

Misc Exterior

Balcony: 1 Deck: 1 Fence - Partial: 1 Handicapped Equipped: 1 Lawn Irrigation: 1 Patio - Covered: 1 Pool - Elevated: 1 Porch - Front Porch: 1 Porch - Full Front: 1 Porch - Screened: 1 Sauna: 1 Special Yard Lights: 1 Storage: 1 Storm Windows: 1 Thermal Windows/Doors: 1 Workshop: 1

SF Detached Style

Traditional: 1

Exterior

Cement Plank: 1 Wood Siding: 1

Foundation

Elv. Construction: 1

Garage/Parking

Car Charging Station: 1 3 Car Garage: 1

Stories/Levels

3 Stories: 1

Equipment/Appliances

Built-In Electric Oven: 1 Ceiling Fan: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Garage Door Opener: 1 Gas Cooktop: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Other: 1

Cooling

Central Air: 1

Heat

Electric: 1

Rooms

Bonus: 1 Eat-In-Kitchen: 1 Foyer: 1 Great: 1 Laundry: 1 Living/Dining Combo: 1 Media: 1 Pantry: 1 Sauna: 1

Amenities

Cable TV: 1 Club Membership Available: 1 Elevators: 1 Golf Membership Available: 1 Handicapped Equipped: 1 Laundry: 1 Pool: 1 Sauna: 1 Storage: 1

Assumable

No: 1

Primary Bedroom

Ceiling Fan: 1 Downstairs: 1 Multiple Closets: 1 Outside Access: 1 Walk-In Closets: 1

Car Charging Station Details

Location: in garage EV charging station

Proposed Financing

Any: 1

Misc Interior

Ceiling - Smooth: 1 Ceilings - 9'+: 1 Elevator: 1 Handicapped Equipped: 1 Kitchen Island: 1 Sauna: 1 Walk-In Closets: 1 Window Treatments - All: 1

New Owned

Pre-Owned: 1

Floors

Ceramic Tile: 1 Wood: 1

FP Desc/Location

Gas Logs: 1 Living Room: 1

Possession

At Closing: 1

Showing Instructions

Contact Listing Agent: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Utility Suppliers

Dominion Energy: 1 IOP W/S Comm: 1

Green Features

Energy Star Appliance: 1 Solar Panels: 1

Solar Panel Details

Own: 1 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 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 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
IDX
Last Updated: August - 28 - 2024
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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