2307 Palm Boulevard, Isle of Palms, SC 29451 (MLS# 21013318)

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: $2,775,000 List Date: 5/18/2021 Last Modified: 8/09/2021

Overview

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.

Listing Details MLS# 21013318

Location, Tax & Legal

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.
Legal Description
LT 17 SEC BC-2

Contract Info

Sub-Type
Single Family Detached
MLS List Date
2021-05-18

General Property Info

Baths – Full
6
Baths – Half
Yes
Baths – Total
6.5
Ground Level
No
Stories
3
Primary Structure Apx SqFt
4186
Year Built
1999
Acreage
0.25
Potential Short Sale
No
HOA Fee
No
Auction
No

Status Change Info

Sold Date
2021-08-06
Sold Price/SqFt
662.92
New Mortgage Type
Conventional

Tax/Fees

Special Assessment
No
Taxes
23972.35
Regime Fee
No

SqFt Source

Tax Records
Yes

More Information

Lot Description

0 – .5 Acre
Yes
Beach Access
Yes
Corner Lot
Yes
High
Yes

SF Detached Style

Traditional
Yes

Foundation

Elv. Construction
Yes

Garage/Parking

2 Car Garage
Yes

Misc Exterior

Deck
Yes
Fence – Wooden Enclosed
Yes
Handicapped Equipped
Yes
Lawn Irrigation
Yes
Pool – In Ground
Yes
Porch – Front Porch
Yes
Porch – Full Front
Yes
Rain Gutters
Yes
Some Storm Wnd/Doors
Yes
Special Yard Lights
Yes

Stories/Levels

3 Stories
Yes

Equipment/Appliances

Ceiling Fan
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Central Air
Yes

Heat

Electric
Yes

Rooms

Family
Yes
Laundry
Yes
Living/Dining Combo
Yes

Amenities

Cable TV
Yes
Dock Facilities
Yes
Dog Park
Yes
Elevators
Yes
Golf Membership Available
Yes
Laundry
Yes
Marina
Yes
Park
Yes
Tennis Court(s)
Yes
Trash
Yes

Assumable

No
Yes

Proposed Financing

Cash
Yes
Conventional Loan
Yes

Misc Interior

Ceiling – Smooth
Yes
Ceilings – 9'+
Yes
Elevator
Yes
Garden Tub/Shower
Yes
Kitchen Island
Yes
Walk-In Closets
Yes
Window Treatments – Some
Yes

New Owned

Pre-Owned
Yes

Floors

Ceramic Tile
Yes
Other
Yes

FP Desc/Location

One
Yes
Family Room
Yes

Possession

At Closing
Yes

Water/Sewer

Public Water
Yes
Septic
Yes

Utility Suppliers

Dominion Energy
Yes
IOP W/S Comm
Yes

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

IDX
Listing Office: Dunes Properties of Chas Inc
Last Updated: August – 09 – 2021
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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