OCEANFRONT COND!! 1 BR/1 BTH...Thoroughly renovated in 2018. Private, covered balcony overlooking the Atlantic Ocean and beach. Walk to a number of oceanfront restaurants. Granite Countertops in the unit. The Palms Hotel has 68 of these units with only 18 overlooking the ocean like this. Owners can reserve their own unit up to 28 days annually. Gross Revenue has been $86,000 annually. Net Operating Income after all expenses excluding mortgage interest has been $40,000. Financing Available.
Listing
Street
Satellite
Exterior Features
Construction Single Family
Siding Block/Masonry
Exterior Balcony
Garage Yes
Sewer Public Sewer
Lot Description 0 - .5 Acre
Interior Features
Heating Forced Air, Heat Pump
Cooling Central Air
Year Built 2000
Stories One
Neighborhood & Schools
Subdivision The Palms Hotel
Elementary School Sullivans Island
Middle School Moultrie
High School Wando
Financial Information
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.