1116 Ocean Boulevard | Isle Of Palms | $12,800,000
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1116 Ocean Boulevard
Isle Of Palms, SC 29451
$12,800,000
9,600
SQ. FT.
1116 Ocean BoulevardIsle Of Palms, SC 29451
For SALE
ACTIVE
$12,800,000
EST. 32,220.58/MO CALCULATE
9,600
SQ. FT.
Property 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.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 boundaries to property-Upgraded sprinkler & fire equipment in covered garage-New outdoor shower & bench area off beach access-Rebuilt 75% of the beach access walk-Pool decking resurfaced in 2023-Painted reserve parking spaces-All new lattice around perimeter of ground level-Painted the property-facing side of the public bathhouse-Improved drainage around the property-All dryer vents replaced-Many furnishings for each unit were upgraded
Property Details
- MLS ID26024517
- Property TypeMulti Unit - Multiple
- Building Area Total9600
- Community FeaturesElevators, Pool
- CoolingCentral Air
- Days on Site1
- GarageY/NYes
- Home StyleCondominium, More than 4
- Lot Dimensions0.84 acre(s)
- Lot Size0.84 Acres
- Other StructuresNo
- Parking FeaturesGarage, Other
- SewerPublic Sewer
- Stories3.0
- Structure TypeCondominium, More than 4
- Units6
- UtilitiesDominion Energy, IOP W/S Comm
- WaterPublic
- Year Built2002
- acres0.84
Listed By / Shown By
Listed By
Agency Name: AgentOwned Realty Preferred Group
Agency Contact: 843-886-9993
Charleston Trident MLS
Shown By
Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016
Charleston Trident MLS
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1116 Ocean Boulevard
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