5508 PALM BLVD
ISLE OF PALMS, SC 29451

$3,499,000

8 Beds

7 Baths

4,012 Sq Ft

Status Active

MLS# 24011384

PRICE REDUCED FOR QUICK SALE. Close to beach- high income property w/ grandfathered rental permit for 20 - abundance of indoor & outdoor living space. Well maintained TurnKey 8BR/7Bth Furnished home. Cannot go wrong whether for business or pleasure! Proforma estimates excess of $275k annual income. Chef's kitchen: Viking range, Subzero fridge, 2 dishwashers, double oven, ice maker, massive counter & seating space. Clean air w/ AC filtration. Clean water w/ whole house water filtration. No carpet. Floors wood; tile baths. Raised heated saltwater pool on screened porch. Medical grade infrared sauna. Chipping & putting green. One of the bedrooms doubles as a media room with theater chairs. Remote control blinds in living area! Roof, solar electric, 3 stop elevator all replaced in 2023.AC/insulation redone 2023. New counter update 2024 not yet shown in pics. Remote control blinds in living room. EV charger. Pool filter/heater replaced in 2023/24! Public beach access path is beside the home, so there is no need to cross Palm Blvd to access beach. Additional beach access path also a cinch to access out the back driveway. This part of the beach is largely residential & a quiet part of IOP beach. Enjoy sunrise/sunset skies or stargazing from the 3rd floor deck. Garage w/ workshop, outdoor shower, EV charger & heated/cooled bonus room. Reverse floor plan -4 bedrooms/4baths on 1st; kitchen/living area on 2nd plus 3 additional bedrooms & baths. Newly replaced elevator access to all levels from garage. Option to join Wild Dunes amenities subject to their restrictions. Sold furnished - turn key for rental income or personal beach paradise. Must see to appreciate quality & ambience. Seller is SC licensed real estate broker. All information believed to be accurate.

Details for 5508 PALM BLVD

$872 / Sq Ft

3 parking spaces

Electric

26 Days on website

0.24 acres lot

Interior

Appliances

Dishwasher, Dryer, Refrigerator, Washer, ENERGY STAR Qualified Appliances

Bathrooms Full

Bathrooms Total

Bedrooms Total

Fireplace Features

Gas Log, Living Room

Flooring

Ceramic Tile, Wood

Interior Features

Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Bonus, Eat-in Kitchen, Entrance Foyer, Great, Living/Dining Combo, Media, Pantry, Sauna

Laundry Features

Laundry Room

Living Area

4,012 SqFt.

Building And Construction

Accessibility Features

Handicapped Equipped

Door Features

[]

Property Sub Type

Single Family Residence

Property Type

Residential

Security Features

[]

Window Features

Storm Window(s), Thermal Windows/Doors, Window Treatments

Year Built

2002

Exterior And Lot

Exterior Features

Balcony, Lawn Irrigation, Lighting

Garage Spaces

Lot Features

.5 - 1 Acre

Lot Size Acres

0.24

Lot Size Square Feet

10454.4

Lot Size Units

Acres

Parking Features

3 Car Garage, Garage Door Opener

Parking Total

Patio And Porch Features

["Deck", "Covered", "Front Porch", "Porch - Full Front", "Screened"]

Pool Features

["Pool - Elevated"]

Spa Features

[]

Waterfront Features

[]

Utilities

Cooling

["Central Air"]

Heating

Electric

Area And Schools

City

Isle Of Palms

Community Features

Club Membership Available, Elevators, Golf Membership Available, Laundry, Pool, Sauna, Storage

County Or Parish

Charleston

Elementary School

Sullivans Island

High School

Wando

Middle Or Junior School

Moultrie

Subdivision Name

None

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$41,210