$292,000
Reduced By $17,000 last change 2/29/2024
Bedrooms
1
Full Baths
Half Baths
0
Year Built
2000
Days On Market
108
Sq. Feet
296
15 Photos
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Home Description: 1126 Ocean Blvd
Opportunity to buy into ownership at the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for a hotel room as part of Palms hotel. Owner must participate in hotel management agreement. Offering at list is over a 7.25 % NOI. This is NOT an opportunity to move into the property. This is buying a room in a fully operational ocean front hotel. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from buyer as working capital contribution. Hotel room offered here is an interior unit NOT ocean front or view. Opportunity to affordably own a piece of isle of palms, collect income from hotel operations, after expenses. Pictures are of hotel property, and room. Viewings are limited.Hotel Rooms are not eligible for most traditional forms of financing. Most all sales on this product are in cash.
Available now at 292000
Neighborhood
The average asking price of a 1 bedroom Isle Of Palms condo in this zip code is $676,650 (131.7% more than this home).
This condo is priced at $986/sqft, which is 5.5% less than similar condos in the 29451 zip code.
Map Map | Street Street | Birds Eye Birds Eye
1126 Ocean Blvd Isle of Palms 29451
Similar to: 1126 Ocean Blvd
School Information
Financial
Area Stats
These statistics are updated daily from the Charleston Trident Association of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (843) 306-2224 and speak with one of our real estate consultants.
Listing Courtesy of The Peninsula Company, LLC. For information or to schedule a viewing of this property (MLS# 24000860) located at 1126 Ocean Blvd Isle of Palms 29451, call: 843-306-2224
1126 Ocean Blvd, Isle Of Palms is a condo of 296 sqft and is currently priced at $292,000 . This condo has 1 bedrooms. A comparable condo for sale at 5802 Palmetto Drive # B-308 in Isle Of Palms is listed at $450,000. This condo on 1126 Ocean Blvd has decreased in price by $17,000 and the last change was on 2/29/2024. In addition to condos, Highgarden also makes it easy to find Homes, Condos and New Homes in Isle Of Palms, . Sea Cabin On The Ocean, Oceanside and Wild Dunes Resort are nearby neighborhoods. MLS 24000860 has been posted on this site since 1/11/2024 (107 days ago).
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