$2,875,000
2 43rd Avenue
Isle of Palms, SC 29451
MLS# 19016362
Status: Closed



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43rd_011R 43rd_007 43rd_008 43rd_009 pool2 43rd_027 43rd_025 location2 Oceanside Perspective of custom build for lot

Property Description
There are only a handful of lots on the island that can boast of 120' of beach frontage! The views from this property are simply incredible with expansive Atlantic Ocean vistas. It's about location and this property is off the busy road and down at the end of a quiet avenue. No need to put up with traffic & parking in your front yard! The lot provides good drainage and extends to the mean high-water line (452ft) boasting 1.24 acres on the oceanfront. It has a large building area which can accommodate up to a 6,600 sq. ft home. The large lot leaves ample area for a beautifully landscaped yard.

Details
Maps
Location, Tax & Legal
Legal Description: LT 1 BLK C1 SEC D
Tax Map #: 5711200040
Street #: 2
Street Name: 43rd
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29451
Area: 44 - Isle of Palms
Tax District: 24 - City of Isle of Palms
Subdivision: None
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Directions: Palm Blvd to 43rd Ave. Turn left, lot is oceanfront on the left.
General Property Info
Lot Size: 120x452
W. Footage: 120
C/R: No
HOA Fee: No
# Lots: 1
Lot Number: 1
Potential Short Sale: No
Acreage: 1.24
Tax/Fees
Taxes: 5854.08
Status Change Info
Sold Price/Acre: 2318548.39
New Mortgage Type: Cash
Sold Date: 2020-02-18
Lot Description
1 - 2 Acres: 1
Beach Access: 1
Beachfront: 1
Corner Lot: 1
High: 1
Dev Status
Finished Lots: 1
Zoning
Residential: 1
Uses
Residential: 1
Road Frontage
City Street: 1
Paved: 1
Documents Available
Aerial Photo: 1
Appraisal: 1
Plat: 1
Existing Utilities
Electricity: 1
Sewer At Site: 1
Amenities
Club Membership Avai: 1
Golf Course: 1
Golf Membership Avai: 1
Pool: 1
Trash: 1
Assumable
No: 1
Proposed Financing
Any: 1
Seller/Private: 1
Other (Use Agent Notes): 1
Contract Info
MLS List Date: 2019-06-03
Status: Closed
List Price: $2,875,000
Current Price: $2,875,000
Property Features
Lot Description: 1 - 2 Acres; Beach Access; Beachfront; Corner Lot; High
Dev Status: Finished Lots
Zoning: Residential
Uses: Residential
Road Frontage: City Street; Paved
Documents Available: Aerial Photo; Appraisal; Plat
Existing Utilities: Electricity; Sewer At Site
Assumable: No
Proposed Financing: Any; Seller/Private; Other (Use Agent Notes)
Amenities: Club Membership Avai; Golf Course; Golf Membership Avai; Pool; Trash
Supplements
The property features a large 15x30 in-ground pool with expansive pool decking for poolside lounging. The pool was recently constructed and placed on the lot line so that a new structure could be built, and the pool could remain. If you are looking for a spot to build a new, luxurious oceanfront home, this may be it. The lot is tied to city sewer and a grinder pump in place. Flexible terms with option for seller financing or ground lease. Lease option could be a means to build while limiting out of pocket expense, preserving cash. Brown Glaws, one of Charleston most respected builders, offers an option for a magnificent 6 bedroom, 6 full-bath, 2 half-bath luxury 6,600 sqft home ideally suited for this lot. This option would greatly reduce the lead time from purchase to build. The option is yours - purchase the lot and move forward your building plans or consider a turnkey project (see MLS 19017524). Whatever direction you choose, the site is prepped and ready for construction to start. Listed below appraised land value. Land appraised at $3.05M on August 23, 2018. Located only two blocks from the entrance to Wild Dunes Resort means that you have easy access to two great Fazio designed golf courses, clay court tennis center (requires membership), resort spa, shops and restaurants. It's close enough to walk to the resort but located on a dead-end street which provides a quiet environment that is not enjoyed by other oceanfront properties located on the roads regularly traveled.

IDX
Listing Office: Carolina One Real Estate

Last Updated: May - 12 - 2020

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