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$645,000

Beds
1
Baths
1.0
sq ft
Unknown

1300 Ocean Blvd Unit 231, Isle Of Palms, SC 29451

1300 Ocean Blvd Unit 231

Isle of Palms, SC 29451

  • Pending
This is an exceptional opportunity to own an updated, fully furnished, turnkey, oceanfront, end unit on the second floor of Sea Cabin condominiums at Isle of Palms! Just steps from the beach, you can spend your days soaking up the sun, swimming in the ocean, lounging at the resort-style pool, or fishing off your 1,000-foot private fishing pier. Evenings can be enjoyed with a short stroll to fantastic dining and shopping options just a block away. This property is currently part of the Sky Run Vacation Rentals program, boasting impressive rental income with projections of $67k in gross revenue and multiple bookings lined up for the rest of 2024. Upon entering, you'll be greeted by an open living area with stunning ocean views. The kitchen features modern upgrades and an inviting eat-in bar/island. The living room includes a pull-out couch for extra sleeping space. From your balcony enjoy ocean breezes stunning sunrises and sunsets. The bedroom is conveniently connected to a full bathroom, and additional bunk beds in the hallway provide extra accommodations for guests. The Sea Cabins offer a community pool, private onsite parking, and a convenient laundry facility, along with access to a private fishing pier. Situated right on Ocean Blvd in the heart of the island, you'll be within walking distance to the grocery store, post office, county park, a variety of local restaurants, beach shops, ice cream parlors, and all the vibrant Isle of Palms nightlife!

Details

Property type

Condominium

Est. home value

$572,139

Lot size

Unknown

Price per sq ft

Unknown

Year built

1980

Monthly HOA fee

$400

Price History

12/21/2024
CTAR

CTAR #24027333

Pending
$645,000
10/26/2024
CTAR

CTAR #24027333

Listed
$645,000
+130.36%
11/04/2016
CTAR

CTAR #16024737

Sold
$280,000
+30.23%

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wachovia Bank Na

Loan start date

July 2008

Original loan amount

$230,000

Est. remaining balance

Not provided

Interest rate

5.61%

Loan type

Credit Line (Revolving), 30 year

Seller

Perry D Melvin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 12/22/2024 at 10:45 AM

Listing updated: 12/21/2024 at 1:05 PM

Listed by: John 'frito' Fitzpatrick, Carolina One Real Estate Phone #: (843) 795-7810

MLS: CTAR #24027333

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