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622 Ocean Boulevard, Isle of Palms, SC 29451
$5,500,000
Property Type:
Residential
Bedrooms:
12
Baths:
12.5
Square Footage:
7,500
Lot Size (sq. ft.):
26,572
Status:
Closed
Current Price:
$5,975,000
List Date:
2/02/2018
Last Modified:
5/12/2020
Description
Rare offering on Isle of Palms -could not be built today- an expansive 12 bedroom, 12 1/2 bath beachfront home, established as a grandfathered in, short term luxury rental that legally sleeps 29 people. This home commands high dollar rents & grosses $630k annually - 600k already pre-booked for 2017. Inherit this income & begin enjoyment of this outstanding & unique property. Features expansive ocean views, pool & spa, an abundance of living spaces, porches & balconies, all bedrooms w/ on suites, state of the art kitchen, an elevator w/ access to 3 flrs & high end finishes throughout. Immaculately maintained & managed, this home offers 5 star accommodation, with no detail spared or overlooked - & all convey, from furnishings to linens- this beach house & income property are offered turnkey.
More Information MLS# 17007149
Location, Tax & Legal
Legal Description: LOT 12 BLOCK 18-A
Tax Map #: 5681000205
Street #: 622
Street Name: Ocean
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: Come off IOP connector, take a right on 7th and Palm Blvd, continue to Ocean Blvd and take a right at stop sign, home is first on your left, oceanside.
General Property Info
Ground Level: No
Stories: 3
Ownership: Fee Simple
Potential Short Sale: No
Bedrooms: 12
Baths - Full: 12
Baths - Half: 1
Baths - Total: 12.5
Primary Structure Apx SqFt: 7500
Year Built: 1994
Acreage: 0.61
Tax/Fees
Special Assessment: Yes
Taxes: 33353
Status Change Info
Sold Price/SqFt: 733.33
New Mortgage Type: Conventional
Sold Date: 2018-05-01
SqFt Source
Appraisal: 1
Roof
Architectural: 1
Lot Description
Beachfront: 1
SF Detached Style
Traditional: 1
Exterior
Cement Plank: 1
Foundation
Elv. Construction: 1
Piling: 1
Garage/Parking
5 Car Garage: 1
Misc Exterior
Deck: 1
Pool - In Ground: 1
Porch - Full Front: 1
Storm Doors: 1
Storm Windows: 1
Stories/Levels
3 Stories: 1
Equipment/Appliances
Central Vacuum: 1
Hot Tub/Spa: 1
Cooling
Central Air: 1
Heat
Forced Air: 1
Rooms
Bonus: 1
Great: 1
Laundry: 1
Media: 1
Office: 1
Pantry: 1
Study: 1
Utility: 1
Amenities
Elevators: 1
Hot Tubs: 1
Assumable
No: 1
Proposed Financing
Any: 1
Misc Interior
Elevator: 1
New Owned
Pre-Owned: 1
Floors
Stone: 1
Wood: 1
FP Desc/Location
Bedroom: 1
Den: 1
Gas Logs: 1
Great Room: 1
Living Room: 1
Possession
At Closing: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Green Features
Tankless Water Heater: 1
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2017-03-13
Status: Closed
List Price: $5,975,000
Current Price: $5,500,000
Property Features
SqFt Source: Appraisal
SF Detached Style: Traditional
Lot Description: Beachfront
Misc Exterior: Deck; Pool - In Ground; Porch - Full Front; Storm Doors; Storm Windows
Roof: Architectural
Exterior: Cement Plank
Foundation: Elv. Construction; Piling
Misc Interior: Elevator
New Owned: Pre-Owned
Rooms: Bonus; Great; Laundry; Media; Office; Pantry; Study; Utility
Cooling: Central Air
Floors: Stone; Stone; Wood
Heat: Forced Air
Possession: At Closing
Amenities: Elevators; Hot Tubs
Proposed Financing: Any
Assumable: No
Green Features: Tankless Water Heater
Listing Office:
Brand Name Real Estate
Last Updated: May - 12 - 2020
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