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Property Detail: MLS # 20007342

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MLS# 20007342
1126 Ocean
Isle of Palms, SC 29451

Beds: 3
Baths: 3
Half Baths: 0
Year Built: 2000
Living SqFt: 950
Acres: 0

County: Charleston
Status: Active

Remarks: Opportunity To Buy 3 Hotel Rooms In The Palms Hotel, Front Beach Isle Of Palms. This Is Not A ''move In And Live'' Real Estate Sale Offering. This Is An Offering To Own A Piece Of A Limited Supply, Front Beach Hotel. Property Was Closed For Major Renovations For Well Over A Year And Re Opened In January 2018. Offering Is For 3 Interior Hotel Rooms That Had Gross Revenue Of About 38k Per Room. Management Agreement With Hotel Operator Revenue Share, Condo Regime Fees Etc Come Out Of Owner Revenue. Owners May Use Up To 28 Days Total In A Year Subject To Rules And Regs. This Beautiful Ocean Front Hotel Offers Continental Breakfast, Parking And On Site Swimming Pool. Hotel Does Not Coordinate Viewings, Shown By Appointment Only. Hoa Transfer Fee Applies

Garage:Off-Street Parking
Stories: 3 Stories
Elementary: Sullivans Island
Middle School: Moultrie
High School:Wando
Misc. Exterior:Pool - Elevated
Lot:Beach Access, Beachfront, 1 - 2 Acres
Ground Level:
Frog SqFt:
Listing Office: AgentOwned Preferred Group

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