3 months on rocket

1126 Ocean Blvd, Isle Of Palms, SC, 29451

$292,000

Home List Price

$3,468*

Closing Credit

1 Bedroom
1 Full Bath
296 SqFt
$986/SqFt
Townhouse
Schools Nearby

Location

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1126 Ocean Blvd, Isle of Palms$292,000

Buyer Closing Credits

$3,468*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOther (Use Remarks)
Year Built2000
HeatingElectric
CoolingCentral Air
WaterfrontBeach
Private PoolYes
MLS #24000860
StatusActive

About 1126 Ocean Blvd

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.

Property Details

Property Features

Property Information:

  • Year Built: 2000
  • Stories: 3
  • Living Area: 296 SqFt

Listing Office:

  • Office Name: The Peninsula Company, LLC

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach

Parking Information:

  • Parking: Other (Use Remarks)

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wando High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Front Beach Isle Of Palms Just To Left Of Coconut Joes

Price Information

Listing Price Info

Price Summary:

  • List Price: $292,000
  • Price Per SqFt: $986/SqFt
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Housing Market Comparison

See how this home compares to others in Isle of Palms, SC.

Med. Sold Price

$1.5M

Med. Price/SqFt

$831

# of Sold Homes

21

1126 Ocean Blvd vs Isle of Palms

111 DAYS ON ROCKET

$292,000

-$1.2M Less

$986/SqFt

+$155 More

KEY TAKEAWAY

This property is $1.2M less than the Median Sold Price and $155/SqFt more than other homes in Isle of Palms, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24000860

Listing Office:

  • Office Name: The Peninsula Company, LLC

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2024 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$942

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-4485676
7
/10
  • Wando High School

  • 1000 Warrior Way

  • 7.09 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,417. The most common annual income of people living in Isle of Palms, SC is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1126 Ocean Blvd

What is the listing price of this property?

The listing price of 1126 Ocean Blvd property is $292,000.

What type of property is this?

The property 1126 Ocean Blvd is a townhouse located in Isle Of Palms, South Carolina, 29451.

Is this property for sale now?

Active Listing: 1126 Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1126 Ocean Blvd are:
Wando High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1126 Ocean Blvd has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1126 Ocean Blvd is 296 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1126 Ocean Blvd is 2000.

Rocket HomesSouth CarolinaCharleston CountyIsle of Palms294511126 Ocean Blvd

This home is located at 1126 Ocean Blvd in Isle Of Palms, SC and zip code 29451. This 296 square foot home was built in 2000. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $292,000.

In April 2024 more than 0 listings in Isle of Palms, SC were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 15 were sold below. Between March 2024 and April 2024, Isle of Palms, SC real estate market has seen increase in the number of listings by 13.8%.

From Rocket Homes Real Estate and based on county public records data.

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