NOT LISTED FOR SALE

816 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $5,150,000 - $7,811,343

0.53 Acre
$12,283,864 Price per Acre
23,087 Sq Ft Lot

Last Sold February 05, 2016

Last sale price $1,800,000

Est. 262% increase in value since last sale

Current estimated payment $40,420/month

231 Days on Market

Highlights

  • Beach Front
  • 0.53 Acre Lot
  • Property is near a bus stop
  • Sullivans Island Elementary School Rated A

About This Lot

As of February 2016

Excellent opportunity to own the least expensive, vacant beachfront lot on Ocean Blvd. This lot is situated in an ideal location being just a short walk to the restaurants and shops, yet it is far enough away from them to be able to enjoy them without a lot of noise. The lot is located next to the 9th Ave. beach access path, which creates a lot of open space as a view corridor and buffer between this lot and the next property to the North at 900 Ocean Blvd. A set of house plans is included with this property offering.

Last Agent to Sell the Property

Ashley Haynes

East Islands Real Estate License #13214 Listed on: 04/29/2015

Last Buyer's Agent

Kimberly Wills

Century 21 Properties Plus License #31389

Century 21 Properties Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,156

Year Built

  • 2017

Lot Details

  • 0.53 Acre Lot
  • Beach Front

Location

  • Property is near a bus stop

Schools

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

Community Details

  • Isle Of Palms Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$48,156

Year Built

2017

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.53
  • Road Surface Type: Paved
  • Subdivision Name: Isle of Palms
  • Directions: From Palm Blvd., Take 9th Ave. Towards The Beach. 816 Ocean Is At The End Of The Street At The Corner Of 9th Ave. And Ocean Blvd.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: .5 - 1 Acre
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes

Garage/Parking

  • Open Parking: No

Condo/Co-op/Association

  • Community Features: Bus Line

Schools

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

Lot Info

  • Development Status: Raw Land
  • Lot Size Sq Ft: 23086.8
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681100229

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2016
Sold by
Wills K
Bought by
Herm Properties Llc
Total Days on Market
231
Current Estimated Value
$6,510,448

Purchase Details

Listed on
Apr 29, 2015
Closed on
Feb 3, 2016
Sold by
816 Ocean Llc
Bought by
Wills K
Seller's Agent
Ashley Haynes
East Islands Real Estate
Buyer's Agent
Kimberly Wills
Century 21 Properties Plus
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$1,820,000
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 26, 2014
Sold by
Faller Karen S
Bought by
816 Ocean Llc
Source: Public Records

Range of Values:

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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
Herm Properties Llc -- --
Wills K $1,800,000 --
816 Ocean Llc $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herm Properties Llc $2,500,000
Closed Hem Properties Llc $2,500,000
Previous Owner Wills K $1,820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $1,800,000 0.0% --
01/06/2016 01/06/16 Pending -- -- --
04/29/2015 04/29/15 For Sale $1,800,000 -- --
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
2023 $48,156 $210,450 $0 $0
2022 $45,432 $210,450 $0 $0
2021 $44,913 $210,450 $0 $0
2020 $44,295 $210,450 $0 $0
2019 $40,590 $183,000 $0 $0
2017 $22,852 $108,000 $0 $0
2016 $17,059 $84,000 $0 $0
2015 $16,247 $84,000 $0 $0
2014 $20,214 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Ashley Haynes

    East Islands Real Estate

    (843) 886-8114

    20 in this area

    66 Total Sales

    Ashley Haynes
    Section Image
  • Kimberly Wills

    Buyer's Agent in 2016

    Kimberly Wills

    Century 21 Properties Plus

    (843) 224-1742

    Kimberly Wills
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 15011140

CHS Regional MLS

APN: 568-11-00-229

South Carolina Charleston County Isle Of Palms 29451

816 Ocean Blvd, Isle Of Palms, SC

This home is located at 816 Ocean Blvd, Isle of Palms, SC 29451 since 29 April 2015 and is currently estimated at $6,510,448. This property was built in 2017. 816 Ocean Blvd 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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