622 Ocean Boulevard, Isle of Palms, SC 29451 (MLS# 17007149)

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: $5,500,000 List Date: 2/02/2018 Last Modified: 5/12/2020

Overview

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.

Listing Details MLS# 17007149

Location, Tax & Legal

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.
Legal Description
LOT 12 BLOCK 18-A

Contract Info

Sub-Type
Single Family Detached
MLS List Date
2017-03-13

General Property Info

Baths – Full
12
Baths – Half
Yes
Baths – Total
12.5
Ground Level
No
Stories
3
Primary Structure Apx SqFt
7500
Ownership
Fee Simple
Year Built
1994
Acreage
0.61
Potential Short Sale
No

Status Change Info

Sold Date
2018-05-01
Sold Price/SqFt
733.33
New Mortgage Type
Conventional

Tax/Fees

Special Assessment
Yes
Taxes
33353

SqFt Source

Appraisal
Yes

More Information

Roof

Architectural
Yes

Lot Description

Beachfront
Yes

SF Detached Style

Traditional
Yes

Exterior

Cement Plank
Yes

Foundation

Elv. Construction
Yes
Piling
Yes

Garage/Parking

5 Car Garage
Yes

Misc Exterior

Deck
Yes
Pool – In Ground
Yes
Porch – Full Front
Yes
Storm Doors
Yes
Storm Windows
Yes

Stories/Levels

3 Stories
Yes

Equipment/Appliances

Central Vacuum
Yes
Hot Tub/Spa
Yes

Cooling

Central Air
Yes

Heat

Forced Air
Yes

Rooms

Bonus
Yes
Great
Yes
Laundry
Yes
Media
Yes
Office
Yes
Pantry
Yes
Study
Yes
Utility
Yes

Amenities

Elevators
Yes
Hot Tubs
Yes

Assumable

No
Yes

Proposed Financing

Any
Yes

Misc Interior

Elevator
Yes

New Owned

Pre-Owned
Yes

Floors

Stone
Yes
Wood
Yes

FP Desc/Location

Bedroom
Yes
Den
Yes
Gas Logs
Yes
Great Room
Yes
Living Room
Yes

Possession

At Closing
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Green Features

Tankless Water Heater
Yes

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
IDX
Last Updated: May – 12 – 2020
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