$2,775,000
Isle of Palms, SC 29451
MLS# 21013318
Status: Closed
9 beds | 6.5 baths | 4186 sqft
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Property Description
No better time to have a high income producing rental home on the Isle of Palms than now! This large 4000+ sqft home is situated across the street from the Atlantic Ocean and generates approximately $250,000 in gross rental income annually. 2307 Palm sits on a high corner lot recently rezoned and no longer requires flood insurance. Recently updated, 2307 Palm comes equipped with 9 bedrooms, 6.5 bathrooms, a laundry room, gourmet kitchen that opens to an oversized den and a dining room for 20 plus people. Multiple porches host dining areas as well as sitting areas perfect for your guests to enjoy the ocean breeze.
Details
Maps
Documents
Location, Tax & Legal
Legal Description: LT 17 SEC BC-2
Tax Map #: 5710900105
Street #: 2307
Street Name: Palm
Street Suffix: Boulevard
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: Turn left off the Isle of Palms connector and continue onto Palm Blvd. Home is on the corner of Palm and 24th Ave.
General Property Info
Ground Level: No
Stories: 3
HOA Fee: No
Potential Short Sale: No
Auction: No
Bedrooms: 9
Baths - Full: 6
Baths - Half: 1
Baths - Total: 6.5
Primary Structure Apx SqFt: 4186
Year Built: 1999
Acreage: 0.25
Tax/Fees
Special Assessment: No
Taxes: 23972.35
Regime Fee: No
Status Change Info
Sold Price/SqFt: 662.92
New Mortgage Type: Conventional
Sold Date: 2021-08-06
SqFt Source
Tax Records: 1
Lot Description
0 - .5 Acre: 1
Beach Access: 1
Corner Lot: 1
High: 1
SF Detached Style
Traditional: 1
Foundation
Elv. Construction: 1
Garage/Parking
2 Car Garage: 1
Misc Exterior
Deck: 1
Fence - Wooden Enclosed: 1
Handicapped Equipped: 1
Lawn Irrigation: 1
Pool - In Ground: 1
Porch - Front Porch: 1
Porch - Full Front: 1
Rain Gutters: 1
Some Storm Wnd/Doors: 1
Special Yard Lights: 1
Stories/Levels
3 Stories: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Cooling
Central Air: 1
Heat
Electric: 1
Rooms
Family: 1
Laundry: 1
Living/Dining Combo: 1
Amenities
Cable TV: 1
Dock Facilities: 1
Dog Park: 1
Elevators: 1
Golf Membership Available: 1
Laundry: 1
Marina: 1
Park: 1
Tennis Court(s): 1
Trash: 1
Assumable
No: 1
Proposed Financing
Cash: 1
Conventional Loan: 1
Misc Interior
Ceiling - Smooth: 1
Ceilings - 9'+: 1
Elevator: 1
Garden Tub/Shower: 1
Kitchen Island: 1
Walk-In Closets: 1
Window Treatments - Some: 1
New Owned
Pre-Owned: 1
Floors
Ceramic Tile: 1
Other: 1
FP Desc/Location
One: 1
Family Room: 1
Possession
At Closing: 1
Water/Sewer
Public Water: 1
Septic: 1
Utility Suppliers
Dominion Energy: 1
IOP W/S Comm: 1
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2021-05-18
Status: Closed
List Price: $2,825,000
Current Price: $2,775,000
Property Features
SqFt Source: Tax Records
SF Detached Style: Traditional
Lot Description: 0 - .5 Acre; Beach Access; Corner Lot; High
Misc Exterior: Deck; Fence - Wooden Enclosed; Handicapped Equipped; Lawn Irrigation; Pool - In Ground; Porch - Front Porch; Porch - Full Front; Rain Gutters; Some Storm Wnd/Doors; Special Yard Lights
Foundation: Elv. Construction
Misc Interior: Ceiling - Smooth; Ceilings - 9'+; Elevator; Garden Tub/Shower; Kitchen Island; Walk-In Closets; Window Treatments - Some
New Owned: Pre-Owned
Rooms: Family; Laundry; Living/Dining Combo
Cooling: Central Air
Floors: Ceramic Tile; Other
Heat: Electric
Possession: At Closing
Utility Suppliers: Dominion Energy; IOP W/S Comm
Amenities: Cable TV; Dock Facilities; Dog Park; Elevators; Golf Membership Available; Laundry; Marina; Park; Tennis Court(s); Trash
Proposed Financing: Cash; Conventional Loan
Assumable: No
Supplements
There is a 4 stop elevator in the home taking you to every level. The back yard has recently been expanded, turfed, and with the addition of a pool heater, is an outdoor oasis year round. This home has a proven history of rental success.
Property Disclosure 
Listing Office: Dunes Properties of Chas Inc
Last Updated: August - 09 - 2021
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.