$2,100,000
Isle of Palms, SC 29451
MLS# 18017498
Status: Closed
4 beds  |  4 baths  |  3327 sqft


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Property Description
Ocean Front opportunity on exclusive Isle of Palms! 8 55th avenue is a rare chance to take down an existing beach front home and build a custom dream home on the shores of the Atlantic. Whether building for personal use or rental investment, this lot provides an ideal setting on the of Isle of Palms. The .31 acre ocean front lot is located on a quiet cul-de-sac on the island and has 90ft ocean frontage with a substantial amount of sand dunes and low level flora buffer in the front. An existing ocean side pool can likely be incorporated into a newly built home providing an ideal oasis for family and guests to enjoy. Only a stone's throw from world class golfing, tennis and fitness, Wild Dunes Resort provides access to some of the finest amenities in the entire Charleston area.

Details
Documents
Location, Tax & Legal
Legal Description: LT 8 BLK B OF TRACT A
Tax Map #: 6040900065
County: Charleston
State: SC
Zip Code: 29451
Area: 45 - Wild Dunes
Tax District: 24 - City of Isle of Palms
Subdivision: Wild Dunes
Elementary School: Sullivans Island
Middle School: Laing
High School: Wando
Directions: From Palm Blvd. coming from Isle of Palms, turn right onto 55th Ave. and right again at dead end. Home is at the end of cul-de-sac on the right.
General Property Info
Stories: 2
Lease Purchase: No
Potential Short Sale: No
Bedrooms: 4
Baths - Full: 4
Baths - Total: 4
Primary Structure Apx SqFt: 3327
Year Built: 1979
Acreage: 0.31
Tax/Fees
Special Assessment: No
Taxes: 6415.19
Regime Fee: No
Status Change Info
Sold Price/SqFt: 631.2
New Mortgage Type: Cash
Sold Date: 2018-11-13
SqFt Source
Tax Records: 1
Roof
Asphalt Shingle: 1
Lot Description
0 - .5 Acre: 1
Beach Access: 1
Beachfront: 1
Ocean View: 1
SF Detached Style
Traditional: 1
Exterior
Cement Plank: 1
Foundation
Elv. Construction: 1
Misc Exterior
Pool - In Ground: 1
Stories/Levels
2 Stories: 1
Heat
Heat Pump: 1
Assumable
No: 1
Proposed Financing
Cash: 1
Conventional Loan: 1
New Owned
Pre-Owned: 1
Possession
At Closing: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2018-06-20
Status: Closed
List Price: $2,300,000
Current Price: $2,100,000
Property Features
SqFt Source: Tax Records
SF Detached Style: Traditional
Lot Description: 0 - .5 Acre; Beach Access; Beachfront; Ocean View
Misc Exterior: Pool - In Ground
Roof: Asphalt Shingle
Exterior: Cement Plank
Foundation: Elv. Construction
New Owned: Pre-Owned
Heat: Heat Pump
Possession: At Closing
Proposed Financing: Cash; Conventional Loan
Assumable: No
Supplements
(See Wild Dunes Resort Membership link for membership details). With very few ocean front opportunities available on the island, the possibilities are endless for this lot. Easy to show and sellers are ready to sell!

IDX
Listing Office: Daniel Ravenel Sotheby's International Realty

Last Updated: May - 12 - 2020

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