Bought with St. Germain Properties LLC
$655,000
$665,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
490 SqFt
SOLD DATE : 10/25/2024
Key Details
Sold Price $655,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 490 sqft
Price per Sqft $1,336
Subdivision Sea Cabin On The Ocean
MLS Listing ID 24025251
Sold Date 10/25/24
Bedrooms 1
Full Baths 1
Year Built 1980
Property Description
Great investment opportunity to own a fully renovated, fully furnished ocean-front second floor unit at the Sea Cabin condominiums on Isle of Palms!This unit is on a rental program with IOP Escapes, with strong rental income and projections of 70k in gross revenue, multiple bookings for the remainder of 2024. Entering the foyer, you will notice the open living space and views of the ocean. The kitchen features many upgrades and an eat-in bar/island.The couch pulls out for additional bedding in the living room. Enjoy your morning coffee and a nice Charleston ocean breeze on your covered balcony overlooking the ocean. The bedroom is connected to the full bathroom. There are additional bunk beds in the hallway to accommodate guests.
The Sea Cabins share a community pool, private onsite parking, and a laundry facility. There is access to the private fishing pier. Located right on Ocean Blvd in the center of the island, you can walk to the grocery store, post office, county park, many local restaurants, beach shopping, ice cream shops, and enjoy all of the IOP nightlife!
Location
State SC
County Charleston
Area 44 - Isle Of Palms
Rooms
Master Bedroom Ceiling Fan(s)
Interior
Interior Features Ceiling - Smooth, Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Living/Dining Combo
Cooling Central Air
Exterior
Exterior Feature Balcony
Pool In Ground
Community Features Dock Facilities, Laundry, Lawn Maint Incl, Pool
Utilities Available Dominion Energy, IOP W/S Comm
Waterfront true
Waterfront Description Beach Access,Beach Front
Private Pool true
Building
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories 3 Stories
New Construction No
Schools
Elementary Schools Sullivans Island
Middle Schools Moultrie
High Schools Wando
Others
Financing Cash,Conventional
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