5802 Palmetto Drive, B-404/406, Isle of Palms, SC 29451 (MLS# 22017392)

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$774,700
5802 Palmetto Drive, B-404/406
Isle of Palms, SC 29451
MLS# 22017392
Status: Closed
2 beds  |  2 baths  |  1284 sqft
 | 
5802 Palmetto Drive, B-404/406, Isle of Palms, SC 29451
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Property Description
VIEW 3D Walkthrough & VIDEO Tour! 2022 Rental Projection $97,134 & 2021 ANNUAL RENTAL INCOME $84,464! Maximize profit by utilizing the ''lock-off door'' to Rent each suite individually or together! Walk to the pristine Isle of Palms beach from your FULLY furnished, PRIME, 4TH FLOOR Suite + Balcony which includes 1 assigned parking spot! You will love being CONVENIENTLY located above the center of all the resort activity which includes: Hudson's Market, 5 pools, Salon, Spa, Fitness Center, Endless Shoppes, & Restaurants! This spacious & deliberately planned 2 bedroom, 2 bathroom suite encompasses a large, well-equipped kitchen with stainless steal appliances, granite countertops, Eat-In kitchen, dining & living area.

Details
Maps
Contract Info
Sub-Type: Single Family Attached
MLS List Date: 2022-06-28
Status: Closed
Start Showing Date: 2022-06-29
List Price: $774,700
Current Price: $740,000
Location, Tax & Legal
Tax Map #: 6041000535
Street #: 5802
Street Name: Palmetto
Street Suffix: Drive
Unit #: B-404/406
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-B404/406
Directions: Drive down Palm Blvd PAST the main gate, turn left to Enter through the Wild Dunes CONTRACTOR Gate, turn right. The Residences check-in/ lobby is on the right, look for ''Real Estate Parking''.
General Property Info
Bedrooms: 2
Baths - Full: 2
Baths - Total: 2
Stories: 1
Primary Structure Apx SqFt: 1284
Ownership: Condominium
Year Built: 2007
Potential Short Sale: No
HOA Fee: Yes
HOA Frequency: Annually
HOA $: 924
Tax/Fees
Special Assessment: No
Regime Fee: Yes
Regime Fee Freq: Monthly
Regime Fee $: 1357.08
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2022-09-01
Sold Price/SqFt: 576.32
New Mortgage Type: Cash
Property Features
SqFt Source: Tax Records
SF Attached Style: Condo Regime; Condominium
Lot Description: Beach Access; Other
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: Eat-In-Kitchen; Living/Dining Combo
Primary Bedroom: Ceiling Fan; Garden Tub/Shower; Outside Access
Cooling: Central Air
Floors: Ceramic Tile; Luxury Vinyl Plank
Equipment/Appliances: Ceiling Fan; Dishwasher; Disposal; Dryer; Electric Dryer Hookup; Electric Range; Microwave; Refrigerator; Trash Compactor; Washer; Washer Hookup
Water/Sewer: Public Sewer; Public Water
Heat: Heat Pump
Possession: At Closing; Tenants Rights
Utility Suppliers: IOP W/S Comm
Amenities: Cable TV; Club House; Club Membership Available; Elevators; Gated; Marina; Pool; Trash; Walk/Jog Trails
Proposed Financing: Cash; Conventional Loan; Exchange; VA Loan
Assumable: No
Supplements
The Executive/ Primary suite houses an owners closet, king bed + en-suite with alternate access to the balcony & the secondary junior suite includes 2 RARE FULL Beds + en-suite, mini-fridge & coffee-maker. Other bonuses include a sleeper sofa, washer & dryer, plus all the services & amenities of a hotel (Room Service, Maid Service, Concierge, Valet, Bellman) the list goes on!

Listing Office: The Boulevard Company, LLC

Last Updated: April - 03 - 2024

5802 Palmetto Drive, B-404/406, Isle of Palms, SC 29451 - MLS# 22017392
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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