tomo logo

$3,325,000

Beds
6
Baths
6.0
sq ft
Unknown

7 33rd Av, Isle Of Palms, SC 29451

7 33rd Av

Isle of Palms, SC 29451

  • 299 days on market
    • Price drop $55,000↓
Coastal rental properties are more lucrative than ever, and 7 33rd Avenue presents an exceptional opportunity to reap high-yield returns in the sought-after Isle of Palms community. This property generated $350k in revenue last year, $322k in rentals so far for 2024, and already over $50k in reservations for 2025. Just one block from the beach on Cameron Boulevard, this home offers breathtaking rooftop views of the Atlantic Ocean. Vacationers seeking a beachfront retreat will find the perfect blend of luxury and location.Built on a solid concrete foundation, and sold fully furnished, this property is ready to generate rental income right now and for years to come. Savvy investors will start earning immediate returns on day one without the hassle of furnishing or decorating.With its six bedrooms and 3,800 square feet of indoor living space, this property accommodates large groups with ease where guests can enjoy privacy and comfort. There is parking for six vehicles, and an elevator accessing each floor. An additional 2,000 square feet of rooftop deck features a wet bar, large chess set, and an incredible aerial view of the ocean and the pool below. No luxury resort-style living experience is complete without a heated swimming pool that guests can enjoy all year, especially when the ocean is a little too cold. With a complete automation system, investors can easily manage the pool's function through an app. The lush landscaping around the home is maintained with irrigation and accented by a putting green for guests to practice between rounds. After a day in the sand or on the course, guests can rinse off in the outdoor shower with hot and cold water. Sunsets and dinner prep at the outdoor kitchen are accentuated by the pavilion's Polywood fire pit, barstools, and dining set. The kitchen inside is newly remodeled, with updated countertops, stainless steel appliances, shiplap accents, and faux beams. Guests are also treated to hand painted murals by a local artist featured in the kitchen as well as outside by the pool. Further improvements include 3 custom built-in queen bunks, a tankless water heater and all new furniture in the bedrooms and living rooms. Out on the porch, you find daybed porch swings for relaxing in the ocean breeze. Don't miss this special opportunity to capitalize on the booming vacation rental market in Isle of Palms. Maximize your rental income potential with multiple streams, including short-term vacation rentals, long-term leases, or special event bookings and cater to a diverse range of guests throughout the year. With its excellent location, stunning ocean views, luxurious amenities, and proven rental income, 7 33rd Avenue is primed and ready for big time ROI. Schedule a viewing today and start earning right away.

Details

Property type

Single Family Residence

Est. home value

$3,248,428

Lot size

0.25 acres

Price per sq ft

Unknown

Year built

2005

Annual property taxes

$36,583

Price History

09/16/2024
CTAR

CTAR #24004901

Price change
$3,325,000
-1.63%
08/24/2024
CTAR

CTAR #24004901

Price change
$3,380,000
-1.31%
07/26/2024
CTAR

CTAR #24004901

Price change
$3,425,000
-1.44%

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

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

Silver Hill Financial Llc

Loan start date

March 2022

Original loan amount

$1,925,000

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Sabnb Properties Llc

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?

Similar Homes Nearby

CTAR
$3,600,000
7 bd
|
5.5 ba
|
House

913 Carolina Blvd, Isle Of Palms, SC 29451

CTAR
$3,495,000
6 bd
|
5 ba
|
House

19 21st Av, Isle Of Palms, SC 29451

Price drop
CTAR
$2,949,000
6 bd
|
4 ba
|
House

2108 Cape Jasmine Ct, Mount Pleasant, SC 29464

Status: Active

Tomo last checked: 12/23/2024 at 4:10 AM

Listing updated: 09/16/2024 at 11:08 AM

Listed by: Guy Bryant, First Light Realty Phone #: (843) 425-2269

MLS: CTAR #24004901

CTAR logo