1126 Ocean Boulevard
1126 Ocean Boulevard
$292,000
1
1
296
296
$986
Description
Opportunity to buy into ownership at the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for a hotel room as part of Palms hotel. Owner must participate in hotel management agreement. Offering at list is over a 7.25 % NOI. This is NOT an opportunity to move into the property. This is buying a room in a fully operational ocean front hotel. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from...Opportunity to buy into ownership at the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for a hotel room as part of Palms hotel. Owner must participate in hotel management agreement. Offering at list is over a 7.25 % NOI. This is NOT an opportunity to move into the property. This is buying a room in a fully operational ocean front hotel. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from buyer as working capital contribution. Hotel room offered here is an interior unit NOT ocean front or view. Opportunity to affordably own a piece of isle of palms, collect income from hotel operations, after expenses. Pictures are of hotel property, and room. Viewings are limited. Hotel Rooms are not eligible for most traditional forms of financing. Most all sales on this product are in cash.
- Listed by The Peninsula Company, LLC • 843.412.2221
Property Details for 1126 Ocean Boulevard
Subdivision Name
None
Waterfront FeaturesBeach Access, Beach Front
Location
LISTING UPDATED: 02/29/2024 01:12 PM
Property Details for 1126 Ocean Boulevard
Status | Active |
---|---|
MLS # | 24000860 |
Days on Market | 116 |
Taxes | $998 / year |
HOA Fees | $365 / month |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Attached |
Year Built | 2000 |
Lot Size | 0.00 AC / 0 SF |
County | Charleston County |
Location
Building Information for 1126 Ocean Boulevard
Stories3Year Built2000Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$2,042 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1126 Ocean Boulevard
Property History for 1126 Ocean Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1126 Ocean Boulevard
Taxable ValueLand-Additions-Total-
Tax Record2022$1,995 ($166 / month)
Home Facts
Baths1Total Finished SqFt325 SqFtAbove Grade Finished SqFt325 SqFtStories3StyleMiscellaneous CommercialYear Built2000CountyCHARLESTONAPN568-11-00-440
Schools near 1126 Ocean Boulevard
This home is within Charleston 01 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 8 |
Rating | School | Distance |
---|---|---|
Sullivans Island Elementary School PublicPK to 5 | ||
Moultrie Middle School Public6 to 8 | ||
Wando High School Public9 to 12 | ||
East Cooper Montessori Charter School CharterPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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