NOT LISTED FOR SALE

2605 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $1,854,000 - $2,253,117

7 Beds
5 Baths
3,276 Sq Ft
$625/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $1,075,000 $328 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $11,642/month

91 Days on Market

Highlights

  • Beach Access
  • Traditional Architecture
  • No Heating
  • Sullivans Island Elementary School Rated A

About This Home

As of January 2021

TRIPLEX....Very rare and unique opportunity on the isle of Palms. This is a legal triplex located second row, palm blvd, on the IOP. This is likely a once in a lifetime opportunity. This property features A 3BR 2BA down, 3BR 2BA up, and a 1BR 1BA down. All 3 have separate water meters and power meters. This is a must see and will not last long.

Last Agent to Sell the Property

Jamie Hollingsworth

Salmonsen Realty License #14111 Listed on: 08/18/2020

Last Buyer's Agent

Patrick Hampton

Fred Holland Realty License #99163

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.25

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,276 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Additional Features

  • Beach Access
  • 0.25 Acre Lot

Community Details

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1947
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Onto Iop From Mt Pleasant. Left At Red Light. Follow Palm Down To 26th Ave,, House Will Be On Your Left.
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Entry Location: Ground Level
  • Fireplace: No

Exterior Features

  • Roof: Metal
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Beach Access
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, IOP W/S Comm

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Dec 30, 2020
Sold by
Tuna Company Llc
Bought by
M & M Isle Of Palms Llc
Seller's Agent
Jamie Hollingsworth
Salmonsen Realty
Buyer's Agent
Patrick Hampton
Fred Holland Realty
List Price
$1,075,000
Sold Price
$1,075,000
Current Estimated Value
$2,047,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$972,029
Avg. Annual Appreciation
13.96%
Original Mortgage
$806,250
Outstanding Balance
$719,581
Interest Rate
2.71%
Mortgage Type
Commercial
Estimated Equity
$1,327,448

Purchase Details

Closed on
Mar 8, 2011
Sold by
Firmender Gary W
Bought by
The Tuna Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
M & M Isle Of Palms Llc $1,075,000 None Available
The Tuna Company Llc $488,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & M Isle Of Palms Llc $806,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $1,075,000 0.0% $328 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $1,075,000 -- $328 / 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 $10,496 $54,400 $0 $0
2023 $14,973 $64,500 $0 $0
2022 $14,084 $64,500 $0 $0
2021 $13,925 $64,500 $0 $0
2020 $11,276 $52,770 $0 $0
2019 $10,348 $45,890 $0 $0
2017 $9,888 $45,890 $0 $0
2016 $9,495 $45,890 $0 $0
2015 $9,042 $45,890 $0 $0
2014 $7,707 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jamie Hollingsworth

    Salmonsen Realty

    (843) 442-6492

    38 in this area

    67 Total Sales

    Jamie Hollingsworth
    Section Image

  • P

    Buyer's Agent in 2021

    Patrick Hampton

    Fred Holland Realty

    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 20022897

CHS Regional MLS

APN: 571-09-00-136

South Carolina Charleston County Isle Of Palms 29451

2605 Palm Blvd, Isle Of Palms, SC

Not Listed for Sale

Detached

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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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