$1,850,000.00 2603 Palm

Agent's Comments

Experience island living at its finest at 2603 Palm Boulevard. OCEAN VIEWS, great details and space, and sold fully-furnished! $289,000 reservations 2018-2019. As of 2/1/2020 - $35,000 ahead in booked rentals than the same period last year. Walk to the beach, jump in the pool, relax in the hot tub, take in the views and breezes from the full front porches and rooftop deck, or do them all day or night! Two master bedrooms suites, one on each level, both complete with jacuzzi tubs, separate showers, and walk-in closets. The large living room flows through double mahogany doors to the long front porch with ocean views, and provides access to a side deck with staircase to the top deck with panoramic views of the island. Great value on IOP for less than $2million with established rentals!The Kitchen is open with granite countertops, stainless appliances, large center island with gas cook top, breakfast bar, and glass-front cabinets. There are 4 bedrooms on the first/lower level along with an extra den/game room complete with wet bar and easy access to the pool deck and hot tub. Beach access path is DIRECTLY across the street. Other features include: elevator from garage to both living floors, 2 tankless hot water heaters, lawn irrigation, landscape lighting, a half-bath on each floor for convenience, wired for surround sound and wireless internet, gas line for grilling, outdoor shower, crown molding and woodwork, Australian cypress hardwood floors in living areas, hallways, and bedrooms. New LED lights, new filter and salt system for the pool in 2019. Both HVAC systems including air handlers new in April 2019. 18-person occupancy with parking allowance for 8 cars, and the City of IOP says rental occupancy is transferable to the new owner! 14-person rental projection of $165,000/year is available. This home is about 2 blocks from the Isle of Palms Recreation Center which features indoor and outdoor basketball courts, dog park, tennis, softball and baseball fields, recreational classes, fitness room, and play park. Sold fully-furnished and subject to tenants' rights. *Already completely booked with summer 2020 rentals! Come see 2603 Palm, everything one would want in luxury beach living. *A $6,600 Lender Credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.