506 Summerhouse, Isle of Palms, SC 29451

$120,000

506 Summerhouse
Isle of Palms, SC 29451
MLS# 24007614
3 beds | 3 baths | 1654 sqft

1 / 6

Property Description
Amazing opportunity to join a great partnership in this 3-bedroom turnkey condo. 4 weeks of ownership; one week in each season. Offering a very comfortable, open concept condo. Take in the most breathtaking views of the South Carolina coast.Large deck space to sit and enjoy morning coffee as you hear the waves crash! Covered parking and great pool for Summerhouse owners to enjoy. Owners pay $2200 yearly-that covers ALL fees such as HOA,Insurance, utilities, taxes; any cost associated with home ownership is included in this payment. **Please see document for the calendar and rotation of weeks. Summerhouse does have a building repair assessment that is almost completed. Owners have already paid $19,000 for their portion.

Details

Maps

Contract Info

Sub-Type: Fractional Ownership

MLS List Date: 2024-03-27

Status: Active

List Price: $120,000

Current Price: $120,000

Location, Tax & Legal

Tax Map #: 6041200454

Street #: 506

Street Name: Summerhouse

County: Charleston

State: SC

Zip Code: 29451

Area: 45 - Wild Dunes

Tax District: 24 - City of Isle of Palms

Subdivision: Wild Dunes

Subsection: Summerhouse

Elementary School: Sullivans Island

Middle School: Laing

High School: Wando

Legal Description: Unit 506-C-lii Bldg 1 % Ownership Com Elem 2.04082%

Directions: Enter Wild Dunes Main Gate, veer right onto Palmetto. Continue down to Summerhouse Community. Property is on right, Building 1.

General Property Info

Bedrooms: 3

Primary Bedroom – Main Level: Yes

Baths - Full: 3

Baths - Total: 3

Ground Level: No

Stories: 5

Primary Structure Apx SqFt: 1654

Ownership: Fractional

Year Built: 1986

Number of Units: 506

Other Structures Y/N: No

Potential Short Sale: No

C/R: Yes

Lease Purchase: No

HOA Fee: Yes

HOA Frequency: Annually

Auction: No

Tax/Fees

Regime Fee: Yes

Regime Fee Freq: Annually

Regime Fee $: 2200

Office/Member Info

Buyers Agency Compensation: 3

Buyers Agency Compensation Type: %

Property Features

SqFt Source: Previous Listing; Tax Records

Fractional Style: Partnership

Lot Description: Beach Access; Beachfront; Ocean View

Misc Exterior: Balcony

Misc Interior: Elevator

New Owned: Pre-Owned

Water/Sewer: Public Sewer; Public Water

Possession: At Closing

Showing Instructions: Contact Listing Agent

Utility Suppliers: Dominion Energy; IOP W/S Comm

Proposed Financing: Cash

Assumable: No

Listing Office: Wild Dunes Real Estate, LLC

Last Updated: April - 10 - 2024

The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

506 Summerhouse, Isle of Palms, SC 29451 (MLS# 24007614)

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