1126 Ocean Blvd Unit 125 Isle of Palms, SC 29451
1
Bed
1
Bath
420
Sq Ft
0.77
Acres
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 2024Beautiful 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
Carolina One Real Estate License #84291 Listed on: 06/05/2024
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
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%
Total Days on Market
110
Views
152
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$935
Avg. Annual Appreciation
-0.33%
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
Similar Homes in Isle of Palms, SC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed Of Distribution | -- | -- | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 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
-
Janet Newham
J
Seller's Agent in 2024
Janet Newham
Carolina One Real Estate
(843) 860-9672
3 in this area
56 Total Sales
-
Wendy Nixon
W
Buyer's Agent in 2024
Wendy Nixon
AgentOwned Realty Preferred Group
(203) 858-7909
1 in this area
16 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 24014248
APN: 568-11-00-397
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