1126 OCEAN BLVD, Isle Of Palms, SC, 29451

"Great Opportunity To Own A Little Piece Of Heaven On The Front Beach Of Isle Of Palms. The Holiday Inn Express Has Been Converted To The Palms Hotel, A Condo-tel. Prices Start At $259,900 To 399,000. All Units Include Refrigerator, Microwave And Coffee Maker. Enjoy A Free Daily Deluxe Breakfast Each Morning. 18 Separate Units Are Now Available Under This Listing. After The Units Are Sold The Palms Hotel Will Continue To Operate As A Beach Front Hotel In The Future; No Changes To Day-to-day Operations Will Occur. Individual Owners Will Become A 1/68th Owner In A Horizontal Gross Regime. Fee Splits Are 62% For Owners To 38% For The Existing Management Companies. Individual Units Average $29,000-$53,000 Gross Revenue Per A Year. Individual Units May Be Structured As An Income Stream For 1031 Like/kind Exchanges."

MLS Number:
2707902
Unit Number:
215
Address:
1126 OCEAN BLVD
Subdivistion:
ISLE OF PALMS
City:
Isle Of Palms
Area:
Isle Of Palms
County:
Charleston
ZIP:
29451
Bedrooms:
1
Full Bathrooms:
1
Half Bathrooms:
0
Category:
Residential
Price:
$319,000
Square Feet:
318 ft²
Year Built:
2000
Parking:
Detached
Stories:
Other
Style:
Other
Kind:
Condominium
Lot Description:
Level, Inside, Beach Access, Beachfront
Exterior Features:
Stucco
Miscellaneous Features:
Deck, Abv Grd Pool In Yard
Amemities:
Elevators, Neighborhood Pool
Elementry School:
Sullivans Island
Middle School:
Laing
High School:
Wando
The Charleston Real Estate Advisors

Prudential Carolina Real Estate
1265 Folly Road
Charleston, SC 29412
lkeadle@carolinaone.com : email
843-532-8615 : Cell
843-202-8608 : Fax


Listing Provided Courtesy Of: Carolina One Real Estate

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