1116 Ocean Blvd, Isle Of Palms, SC 29451
1116 Ocean Blvd, Isle Of Palms, SC 29451
1116 Ocean Blvd, Isle Of Palms, SC 29451
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Elizabeth "Mama Liz" Loadholt

Elizabeth "Mama Liz" Loadholt

+1(843) 709-8488
Listed by   843-886-9993 • AgentOwned Realty Preferred Group
$12,800,000
Est. payment /mo
9,600 SqFt
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UPDATED:

Key Details

Property Type Condo, Multi-Family

Sub Type Condominium,More than 4

Listing Status Active

Purchase Type For Sale

Square Footage 9,600 sqft

Price per Sqft $1,333

Subdivision Oceanview

MLS Listing ID 26024517

HOA Y/N No

Year Built 2002

Lot Size 0.840 Acres

Acres 0.84

Property Sub-Type Condominium,More than 4

Property Description

Rare opportunity to own an entire oceanfront condo building located directly on the Front Beach in the heart of IOP's retail and restaurant district. This 6-unit condo building is being sold fully furnished, and all units are active, turn-key vacation rentals. Guests love the expansive ocean views from the back covered porches. Just a few steps puts you poolside or on the beach. A few more steps and you're at most of the Island's restaurants, bars, and shops. There are 6 total condo units: Four 3-BR/2.5-BA units at 1600 sq ft each (101, 102, 201, 202); one 1-BR/1-BA unit at 800 sq ft (301); and one 4-BR/3.5-BA unit at 2400 sq ft (302). Sale is for the entire building and land. Units will not be sold separately.Recent improvements include:
-New roof 2021
-Entire building painted
-All windows & sliding glass doors replaced
-All master bedroom showers replaced
-New granite and cabinets (all replaced between 2019-2021)
-All new LVT flooring (2018-2021)
-All freshly painted (2019-2021)
-Common areas sealed
-New shutters (orange)
-New fences built to create boundaries to property
-Upgraded sprinkler & fire equipment in covered garage
-New outdoor shower & bench area off beach access
-Rebuilt 75% of the beach access walk
-Pool decking resurfaced in 2023
-Painted reserve parking spaces
-All new lattice around perimeter of ground level
-Painted the property-facing side of the public bathhouse
-Improved drainage around the property
-All dryer vents replaced
-Many furnishings for each unit were upgraded

Location

State SC

County Charleston

Area 44 - Isle Of Palms

Interior

Cooling Central Air

Exterior

Parking Features Garage, Other

Community Features Elevators, Pool

Utilities Available Dominion Energy, IOP W/S Comm

Building

Dwelling Type Condominium,More than 4

Story 3

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Sullivans Island

Middle Schools Moultrie

High Schools Wando

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash,Conventional,1031 Exchange

Special Listing Condition Flood Insurance

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Nearby School & Business

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Elizabeth "Mama Liz" Loadholt

Elizabeth "Mama Liz" Loadholt

+1(843) 709-8488

COO, BIC, CRB, AHWD License ID: 1875

COO, BIC, CRB, AHWD License ID: 1875

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