5802 Palmetto Drive, B-305/307, Isle of Palms, SC 29451 (MLS# 22015580)

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$795,000
5802 Palmetto Drive, B-305/307
Isle of Palms, SC 29451
MLS# 22015580
Status: Closed
2 beds  |  2 baths  |  1284 sqft


5802 Palmetto Drive, B-305/307, Isle of Palms, SC 29451
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Property Description
This beautiful two bedroom condo is on the third floor, Ocean Side of the Residences at Sweetgrass. The new and updated amenities on the Plaza and the Beach are just steps away. The condo is sold fully furnished and equipped in the WD Property Management Program. The rental income is projected over $86,000 this year with a number of days blocked out. Similar properties produced in the high $90,000 range. Perfect family getaway, second home with great rental income to offset some of the costs. Owner installed new HVAC system installed this year. This is a two bedroom with the lock out side which provides the option be rented separately.

Details
Maps
Contract Info
Sub-Type: Single Family Attached
MLS List Date: 2022-06-13
Status: Closed
List Price: $795,000
Current Price: $750,000
Location, Tax & Legal
Tax Map #: 6041000532
Street #: 5802
Street Name: Palmetto
Street Suffix: Drive
Unit #: B-305/307
County: Charleston
State: SC
Zip Code: 29451
Area: 45 - Wild Dunes
Tax District: 24 - City of Isle of Palms
Subdivision: Wild Dunes
Subsection: The Village at Wild Dunes
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Legal Description: UNIT R-B305
Directions: Entering through the main gate at Wild Dunes, follow Palmetto drive for roughly one mile. The Residences are just past the first stop sign on the right hand side.
General Property Info
Bedrooms: 2
Baths - Full: 2
Baths - Total: 2
Ground Level: No
Stories: 1
Primary Structure Apx SqFt: 1284
Ownership: Condominium
Year Built: 2007
Potential Short Sale: No
C/R: Yes
Lease Purchase: No
HOA Fee: Yes
HOA Frequency: Annually
HOA $: 924
Auction: No
Tax/Fees
Special Assessment: No
Taxes: 6332
Regime Fee: Yes
Regime Fee Freq: Monthly
Regime Fee $: 1357.08
Office/Member Info
Buyers Agency Compensation: 3
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2022-10-03
Sold Price/SqFt: 584.11
New Mortgage Type: Cash
Property Features
SqFt Source: Tax Records
SF Attached Style: Condo Regime; Condominium
Lot Description: Beach Access
Misc Exterior: Balcony
Roof: Metal
Exterior: Brick - Solid; Cement Plank; Stucco
Foundation: Elv. Construction
Garage/Parking: Other (Use Remarks)
Stories/Levels: High Rise; Multi-Story
Misc Interior: Ceiling - Smooth; Ceilings - 9'+; Elevator; Garden Tub/Shower; Window Treatments - All
New Owned: Pre-Owned
Rooms: Living/Dining Combo
Primary Bedroom: Ceiling Fan
Cooling: Central Air
Floors: Ceramic Tile
Equipment/Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator; Stacked Washer/Dryer
Water/Sewer: Public Sewer; Public Water
Heat: Heat Pump
Possession: Tenants Rights
Utility Suppliers: IOP W/S Comm
Amenities: Cable TV; Club Membership Available; Elevators; Gated; Golf Membership Available; Lawn Maint Incl; Marina; Pool; Trash; Walk/Jog Trails
Proposed Financing: Any; Cash; Exchange
Assumable: No

Listing Office: Wild Dunes Real Estate, LLC

Last Updated: April - 10 - 2024

5802 Palmetto Drive, B-305/307, Isle of Palms, SC 29451 - MLS# 22015580
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.


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