3 Units 1126 Ocean Boulevard

Isle of Palms, 29451

$600,000

Beds: 3

Baths: 3

SqFt: 950

Type: Single Family Attached

Listing ID: 20007342

PROPERTY DESCRIPTION

Opportunity to buy 3 Hotel rooms in The Palms Hotel, front beach Isle of Palms. This is not a ''move in and live'' real estate sale offering. This is an offering to own a piece of a limited supply, front beach hotel. Property was closed for major renovations for well over a year and re opened in January 2018. Offering is for 3 interior hotel rooms that had gross revenue of about 38k per room. Management agreement with hotel operator revenue share, condo regime fees etc come out of owner revenue. Owners may use up to 28 days total in a year subject to rules and regs. This beautiful ocean front Hotel offers continental breakfast, and on site swimming pool. Hotel does not coordinate viewings, shown by appointment only. Additional units available. HOA transfer fee applies

LOCATION INFORMATION

COUNTY

Charleston

LATITUDE

32.784849

SUBDIVISION

The Palms Hotel

MLS AREA

44 - Isle of Palms

LONGITUDE

-79.788558

INTERIOR FEATURES

INTERIOR

HALF BATHS

0

ROOM DESCRIPTION

COOLING

Central

MASTER BEDROOM DESCRIPTION

FLOORING

GROUND LEVEL

No

HEATING

Other (Use Remarks)

EXTERIOR FEATURES

GREEN FEATURES

EXTERIOR

ROOF

WATER / SEWER

Public Sewer,Public Water

LOT SIZE IN ACRES

0

STORIES

3 Stories

FOUNDATION

Elv. Construction

GARAGE PARKING

Off-Street Parking

LOT DESCRIPTION

Beach Access,Beachfront,1 - 2 Acres

MISCELLANEOUS EXTERIOR FEATURES

Pool - Elevated

SCHOOL INFORMATION

ELEMENTARY SCHOOL

Sullivans Island

HIGH SCHOOL

Wando

JR HIGH SCHOOL

Moultrie

ADDITIONAL INFORMATION

PROPERTY TYPE

Single Family Attached

YEAR BUILT

2000

SINGLE FAMILY DETACHED STYLE

SINGLE FAMILY ATTACHED STYLE

Condo Regime

Listing by Office Name Goes Here

Rocket Web Labs Wix MLS IDX Integration

Listing information last updated: Sun May 09 2021 18:09:32 GMT+0000 (Coordinated Universal Time)

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