1116 Ocean Boulevard, Isle of Palms, SC 29451 (MLS# 26024517)

1116 Ocean Boulevard, Isle of Palms, SC 29451

$12,800,000

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Property Type: MultiFamily Square Footage: 9,600 Lot Size (sq. ft.): 36,590 Status: Active

Current Price: $12,800,000 List Date: 8/29/2026 Last Modified: 8/31/2026

Overview

Description

Rare opportunity to own an entire oceanfront condo building located directly on the Front Beach in the heart of IOP’s retail and restaurant district. This 6-unit condo building is being sold fully furnished, and all units are active, turn-key vacation rentals. Guests love the expansive ocean views from the back covered porches. Just a few steps puts you poolside or on the beach. A few more steps and you’re at most of the Island’s restaurants, bars, and shops. There are 6 total condo units: Four 3-BR/2.5-BA units at 1600 sq ft each (101, 102, 201, 202); one 1-BR/1-BA unit at 800 sq ft (301); and one 4-BR/3.5-BA unit at 2400 sq ft (302). Sale is for the entire building and land. Units will not be sold separately.

Supplements: Recent improvements include: -New roof 2021 -Entire building painted -All windows & sliding glass doors replaced -All master bedroom showers replaced -New granite and cabinets (all replaced between 2019-2021) -All new LVT flooring (2018-2021) -All freshly painted (2019-2021) -Common areas sealed -New shutters (orange) -New fences built to create bo … (Read more)

Listing Details MLS# 26024517

Location, Tax & Legal

Tax Map #: 5681100183
Street #: 1116
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: Oceanview
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Directions: From the IOP connector, continue straight across Palm Blvd to 14th Ave. Turn right on Ocean Blvd. Building is on the left. White with orange doors and shutters.

Contract Info

MLS List Date: 2026-08-29
Primary Structure List Price/SqFt: 1333.33

General Property Info

Number of Units: 6
# Stories: 3
Total Apx SqFt: 9600
Year Built: 2002
Acreage: 0.84
Occupancy: Leased
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No

More Information

Property Features

SqFt Source: Tax Records Foundation: Combination Architectural Style: Condominium; More than 4 Cooling: Central Air Amenities: Elevators; Pool; Trash Sale Includes: All Furniture; Building and Land; Other (Use Remarks) Proposed Financing: Cash; Conventional Loan; Exchange Possession: Tenants Rights Special: Flood Insurance Utility Suppliers: Dominion Energy; IOP W/S Comm

Listing Office: AgentOwned Realty Preferred Group

Last Updated: August – 31 – 2026

Broker Attribution: 843-886-9993

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