Description
Palms Hotel condo-tel offers a revenue producing property that allows owner's to enjoy up to 28 days annually. The Palms Oceanfront Hotel went through major renovation of property that touched almost every square inch of this Front Beach Ocean Boulevard location and the 68 guest rooms. Renovation completed early 2018. One interior room offered here, other units available. Offered subject to hotel management agreement. Very unique opportunity, to buy a piece of Isle of Palms, collect income from hotel operations and occasionally stay in your own room if you like. 3 months regime fee due at closing as working capital contribution.
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1BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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320SQFT
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$625$/SQFT
School Information
Description
Palms Hotel condo-tel offers a revenue producing property that allows owner's to enjoy up to 28 days annually. The Palms Oceanfront Hotel went through major renovation of property that touched almost every square inch of this Front Beach Ocean Boulevard location and the 68 guest rooms. Renovation completed early 2018. One interior room offered here, other units available. Offered subject to hotel management agreement. Very unique opportunity, to buy a piece of Isle of Palms, collect income from hotel operations and occasionally stay in your own room if you like. 3 months regime fee due at closing as working capital contribution.
Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gregg Team | Realty One Group Coastal.
Data last updated: 2021-05-12T19:32:00.013.