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    1126 Ocean Boulevard , 120, 116, 320

    Isle Of Palms, SC 29451
    • $480,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 21016494
    $480,000
    • 3
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 975
      SQFT
    • $492
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    2000
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Now is the time to own 3 or more of the 68 rooms in the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for hotel rooms as part of Palms hotel. Owner must participate in hotel management agreement. Hotel was renovated in 2018. Bookings and revenue for 2021 appear on pace to be ahead of 2019. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from buyer as working capital contribution. Additional units available for possible bulk sale. Hotel rooms offered here are interior units 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 rooms.buyer to verify info deemed important, HOA, hotel management, taxes, expenses, income, etc. Taxes, hoa fees shown are based on current costs for 3 hotel rooms. Up to 11 rooms are potentially available

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    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: 2021-07-31T23:31:34.24.
    www.thegreggteam.com/homes/118471229
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    1126 Ocean Boulevard , 120, 116, 320 Isle Of Palms, SC 29451

    • Price: $480,000
    • Status: Active
    • ID#: 21016494
    3
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    975
    SQFT
    $492
    $/SQFT
    2000
    Built
    Neighborhood:
    The Palms Hotel
    County:
    Charleston
    Area:
    Isle of Palms
    Elementary School:
    Sullivans Island
    Middle School:
    Moultrie
    High School:
    Wando
    Property Description
    Now is the time to own 3 or more of the 68 rooms in the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for hotel rooms as part of Palms hotel. Owner must participate in hotel management agreement. Hotel was renovated in 2018. Bookings and revenue for 2021 appear on pace to be ahead of 2019. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from buyer as working capital contribution. Additional units available for possible bulk sale. Hotel rooms offered here are interior units 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 rooms.buyer to verify info deemed important, HOA, hotel management, taxes, expenses, income, etc. Taxes, hoa fees shown are based on current costs for 3 hotel rooms. Up to 11 rooms are potentially available
    Exterior Features

    Foundation Elv. Construction Garage Parking Off-Street Parking Ground Level No Lot Description Beach AccessBeachfront1 - 2 Acres Misc Exterior Pool - Elevated Single Family Attached Style Condo Regime Stories 3 Stories

    Interior Features

    Cooling Central Heat Other (Use Remarks)

    Property Features

    Amenities Cable Tv AvailableElevators New Owned Pre-Owned Water Sewer Public SewerPublic Water

    Listing courtesy of The Peninsula Company, Llc.


    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: 2021-07-31T23:31:34.24.
     
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    The Gregg Team | Realty One Group Coastal
    1510 Old Trolley Rd., Ste 200
    Summerville SC, 29485