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1126 Ocean Boulevard Unit 225
Isle of Palms
OCEANFRONT COND!! 1 BR/1 BTH...Thoroughly renovated in 2018. Private, covered balcony overlooking the Atlantic Ocean and beach. Walk to a number of oceanfront restaurants. Granite Countertops in the unit. The Palms Hotel has 68 of these units with only 18 overlooking the ocean like this. Owners can reserve their own unit up to 28 days annually. Gross Revenue has been $86,000 annually. Net Operating Income after all expenses excluding mortgage interest has been $40,000. Financing Available.
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Price:
$499,000Year Built:
2000Bedrooms:
1MLS:
24015728Square Feet:
414Bathrooms:
1.0- Ocean View
Under Contract