About this property

Bedrooms 1
Baths 1
sq2 414
Year Built 2000
DOM 79

Address

Address:
1126 Ocean Boulevard
Subdivision:
The Palms Hotel
Zip Code:
29451
County:
Charleston
State:
SC

Features and Amenities

Exterior
Balcony
Cooling
Central Air
Heating
Forced Air, Heat Pump
Pool Features
Pool - Elevated
Interior Features
Ceiling - Smooth, Elevator
Utilities
Dominion Energy, IOP W/S Comm
Lot Features
0 - .5 Acre
Other
Beach Access, Beach Front, Waterfront - Deep

Description

OCEANFRONT COND!! 1 BR/1 BTH...Thoroughly renovated in 2018. Private, covered balcony overlooking the Atlantic Ocean and beach. Walk to a number of oceanfront restaurants. Granite Countertops in the unit. The Palms Hotel has 68 of these units with only 18 overlooking the ocean like this. Owners can reserve their own unit up to 28 days annually. Gross Revenue has been $86,000 annually. Net Operating Income after all expenses excluding mortgage interest has been $40,000. Financing Available.

Price Change history

  1. $519,671 $1,255/SqFt

  2. $499,000 $1,205/SqFt

Mortgage Calculator

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Interest Rate as of: Sat, Sep. 07, 2024
$499,000 Home Price
$499,000 Monthly payment
$499,000 Amount Financed
$499,000 Annual cost of Loan

Map

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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