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MLS# 17007149 | Isle of Palms Residential

$5,975,000 | 12 beds | 12 full baths | 1 half baths | 7,500 sqft

$5,500,000
622 Ocean Boulevard
Isle Of Palms, SC 29451
  • 12Beds
  • 12Full Baths
  • 1Half Baths
  • 7,500SqFt
  • 1994Year Built
  • 0.61Acres
  • MLS# 17007149
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market1 year, 1 month, 17 days
  • AreaIsle of Palms
  • CountyCharleston
  • SubdivisionNone

Overview

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.


Sale Info

Listing Date: 03-13-2017

Sold Date: 05-01-2018

Aprox Days on Market: 
   1 Year(s), 1 month(s), 17 day(s)

Listing Sold: 
   5 Year(s), 10 month(s), 27 day(s) ago

Original Asking Price: $5,975,000

Asking Price: $5,975,000

Selling Price: $5,500,000

Price Difference From Original: 
Reduced By $475,000

Price Difference From Asking: 
Reduced By $475,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Community Features:  Elevators

Bathroom Info

Halfbaths:  1

Fullbaths:  12

Building Info

Levels:  3 Stories

Window Features:  Storm Window(s)

Year Built:  1994

Floors:  Stone, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Deck, Porch - Full Front

Pool Private:  Yes

Pool Features:  In Ground

Style:  Traditional

Garage / Parking

Gar Pkg:  5 Car Garage

Garage:  Yes

Attached Garage:  No

Green / Env Info

Interior Features

Door Features:  Storm Door(s)

Desclocation:  Bedroom, Den, Gas Log, Great Room, Living Room

Interior Features:  Elevator, Central Vacuum, Bonus, Great, Media, Office, Pantry, Study, Utility

Fireplace:  Yes

Laundry Features:  Laundry Room

Lot Info

Lot Size:  0.61

Lot Size Units:  Acres

Acres:  0.61

Lot Sqft:  26571.6

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Spa Features:  Hot Tub/Spa, Community

Property Info

Property Type:  A

Stories:  3

Foundation:  Raised, Pillar/Post/Pier

Exterior:  Cement Plank

New Construction:  No

Roof:  Architectural

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  12

Sale / Lease Info

Sold Date:  2018-05-01T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  7500

Unit Info

Utilities / Hvac

Water Source:  Public

Heating:  Yes

Heat:  Forced Air

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Front

Waterfront:  Yes

Schools

Elem:  Sullivans Island

Middle:  Moultrie

High:  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.

Courtesy of listing office Brand Name Real Estate 

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On domicilecharleston.com since Mon, Mar 13th 2017
No Property History recorded for this listing.
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Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 03-28-2024 6:10 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-28-2024 6:10 AM EST est.

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