NOT LISTED FOR SALE

1126 Ocean Blvd Unit 125 Isle of Palms, SC 29451

Estimated Value: $429,506

1 Bed
1 Bath
420 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $415,000 $988 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,517/month

110 Days on Market

Highlights

  • Beach Front
  • Above Ground Pool
  • Wet Bar
  • Sullivans Island Elementary School Rated A
  • Balcony
  • 3-minute walk to Isle of Palms County Park

About This Home

As of October 2024

Beautiful beachfront suite room in the Palms Oceanfront Hotel. Condo-hotel ownership and operated as a premier beachfront hotel. All rooms are individually owned and the hotel is managed by a well-respected hotel management company. Palms Hotel rooms are great income producers and an easy investment. Your balcony overlooks the dunes, beach and Atlantic ocean. Wake up to the sun rising over the ocean, just steps from your room. The hotel is located in the Isle of Palms front beach business district, surrounded by area restaurants, shops and attractions. Very walkable and accessible. Live music and beach volleyball are close by. Isle of Palms features 7 miles of wide pristine beaches. There are endless recreational opportunities both on and off the water. Just 12 miles to historicCharleston and 30 minutes to the Charleston Airport. The oceanfront hotel includes a welcoming lobby where continental breakfast is served daily, a lovely pool and pool deck and boardwalk to the beach. On-site management, maid service and maintenance staff keep the hotel operating smoothly. Extensively renovated in 2016-2017. The hotel consistently receives high marks in guest reviews and holds the #1 spot on Trip Advisor for Isle of Palms hotels. A strong focus on marketing optimizes daily rate and revenue generation. Room 125, oceanfront, is light bright and inviting and includes two queen beds, a sitting area with table and chairs and a pull-out sofa. New custom made mattresses and a new air conditioning unit add to what is already a comfortable room. Designer color palette, stylish lamps and artwork, wet bar sink, small refrigerator, full bath with shower/tub and other room amenities complete your oceanfront room. You have use of your room for 28 days per year per the Master Deed. Please see Owner's Information Sheet and Master Deed for additional details. This investment is an amazing find!

Last Agent to Sell the Property

Janet Newham

Carolina One Real Estate License #84291 Listed on: 06/05/2024

Last Buyer's Agent

Wendy Nixon

AgentOwned Realty Preferred Group License #118262

AgentOwned Realty Preferred Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 2000

Lot Details

  • Beach Front

Interior Spaces

  • 420 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Window Treatments

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Above Ground Pool
  • Balcony

Schools

  • Sullivans Island Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • The Palms Hotel Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,783

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: The Palms Hotel
  • Directions: From The Hwy 17, Take The Isle Of Palms Connector To Isle Of Palms. Go Straight Through The Light At The End Of The Connector To Cross Palm Blvd. Continue On 14th Avenue Until The Road Curves To The Right. The Palms Hotel Will Be On Your Left.
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Condo Regime
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Elevator, Wet Bar
  • Window Features: Window Treatments

Exterior Features

  • Pool Features: Pool - Elevated
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Laundry, Pool

Schools

  • Elementary School: Sullivans Island
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681100397
  • Tax Annual Amount: 2783

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Sep 30, 2024
Sold by
Fenstermacher Barbara S and Fenstermacher Stephen Kern
Bought by
Diamandis Josefina and Diamandis Jason
Seller's Agent
Janet Newham
Carolina One Real Estate
Buyer's Agent
Wendy Nixon
AgentOwned Realty Preferred Group
List Price
$445,000
Sold Price
$415,000
Premium/Discount to List
-$30,000
-6.74%
Views
152
Current Estimated Value
$429,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,506
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Sep 17, 2018
Sold by
Fenstermacher Barbara S
Bought by
Fenstermacher Stephen Kern and Fenstermacher William Arthur

Purchase Details

Closed on
Jan 13, 2012
Sold by
Estate Of David K Fenstermacher
Bought by
Fenstermacher Barbara S

Purchase Details

Closed on
Oct 17, 2006
Sold by
1031 Llc
Bought by
Fenstermacher David K and Fenstermacher Barbara S
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Diamandis Josefina $415,000 None Listed On Document
Fenstermacher Stephen Kern -- None Available
Fenstermacher Barbara S -- --
Fenstermacher David K -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $415,000 -6.7% $988 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $445,000 -- $1,060 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,874 $12,300 $0 $0
2023 $2,874 $12,300 $0 $0
2022 $2,717 $12,300 $0 $0
2021 $2,687 $12,300 $0 $0
2020 $2,651 $12,300 $0 $0
2019 $2,789 $12,300 $0 $0
2017 $2,648 $12,300 $0 $0
2016 $2,542 $12,300 $0 $0
2015 $2,412 $12,300 $0 $0
2014 $2,729 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Janet Newham

    Carolina One Real Estate

    (843) 860-9672

    3 in this area

    53 Total Sales

    Janet Newham
    Section Image

  • W

    Buyer's Agent in 2024

    Wendy Nixon

    AgentOwned Realty Preferred Group

    (203) 858-7909

    1 in this area

    17 Total Sales

    Wendy Nixon
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 24014248

CHS Regional MLS

APN: 568-11-00-397

South Carolina Charleston County Isle Of Palms 29451

1126 Ocean Blvd Unit 125, Isle Of Palms, SC

This home is located at 1126 Ocean Blvd Unit 125, Isle of Palms, SC 29451 since 05 June 2024 and is currently estimated at $429,506, approximately $1,022 per square foot. This property was built in 2000. 1126 Ocean Blvd Unit 125 is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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