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5508 Palm Boulevard, Isle Of Palms, SC 29451
$3,499,000
5508 Palm Boulevard, Isle Of Palms, SC 29451View this property at 5508 Palm Boulevard, Isle Of Palms, SC 29451
5508 Palm BoulevardIsle Of PalmsSC29451
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Property Description
PRICE REDUCED FOR QUICK SALE. Close to beach- high income property w/ grandfathered rental permit for 20 - abundance of indoor & outdoor living space. Well maintained TurnKey 8BR/7Bth Furnished home. Cannot go wrong whether for business or pleasure! Proforma estimates excess of $275k annual income. Chef's kitchen: Viking range, Subzero fridge, 2 dishwashers, double oven, ice maker, massive counter & seating space. Clean air w/ AC filtration. Clean water w/ whole house water filtration. No carpet. Floors wood; tile baths. Raised heated saltwater pool on screened porch. Medical grade infrared sauna. Chipping & putting green. One of the bedrooms doubles as a media room with theater chairs. Remote control blinds in living area! Roof, solar electric, 3 stop elevator all replaced in 2023.AC/insulation redone 2023. New counter update 2024 not yet shown in pics. Remote control blinds in living room. EV charger. Pool filter/heater replaced in 2023/24! Public beach access path is beside the home, so there is no need to cross Palm Blvd to access beach. Additional beach access path also a cinch to access out the back driveway. This part of the beach is largely residential & a quiet part of IOP beach. Enjoy sunrise/sunset skies or stargazing from the 3rd floor deck. Garage w/ workshop, outdoor shower, EV charger & heated/cooled bonus room. Reverse floor plan -4 bedrooms/4baths on 1st; kitchen/living area on 2nd plus 3 additional bedrooms & baths. Newly replaced elevator access to all levels from garage. Option to join Wild Dunes amenities subject to their restrictions. Sold furnished - turn key for rental income or personal beach paradise. Must see to appreciate quality & ambience. Seller is SC licensed real estate broker. All information believed to be accurate.
Full Property Details
Full Property Details for 5508 Palm Blvd
General
- Price: $3,499,000
- Status: Under Contract
- Type: Single Family
- MLS ID: 24011384
- Updated: 6/8/2024
- Added to Site: 40 day(s) ago
Interior
- Interior Features: Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Bonus, Eat-in Kitchen, Entrance Foyer, Great, Living/Dining Combo, Media, Pantry, Sauna
- Fireplace: Yes
- Fireplace(s): Gas Log, Living Room
- Flooring: Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 8
- Primary Bedroom: Ceiling Fan(s), Multiple Closets, Outside Access, Walk-In Closet(s), Lower
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Pool - Elevated
Exterior
- Exterior Features: Balcony, Lawn Irrigation, Lighting
- Deck/Patio: Deck, Covered, Front Porch, Porch - Full Front, Screened
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 3
- Parking Features: 3 Car Garage, Garage Door Opener
Location
- Area: 45 - Wild Dunes
- County: Charleston
- Driving Directions: From Mt Pleasant Drive Over Iop Connector. Left At Light Onto Palm Blvd. Continue Straight On Palm As It Winds Left, Then Turn Right. House Is On The Right Just Before End Of Palm Blvd.
School Information
- Elementary School: Sullivans Island
- Middle School: Moultrie
- High School: Wando
Community
- Community Name: 45 - Wild Dunes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Dominion Energy, IOP W/S Comm
Structural Information
- Architectural Style: Traditional
- Construction: Cement Plank, Wood Siding
- Foundation: Raised
- Roof: Architectural, Asphalt
- Windows: Storm Window(s), Thermal Windows/Doors, Window Treatments
- Entry Location: Ground Level
- Stories/Levels: 3
- Building Size: 4012
- Square Feet: 4,012
- Year Built: 2002
Additional Structures
- Other Structures: None, Workshop
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Features: .5 - 1 Acre
- Fencing (Description): Partial
Financial Considerations
- Terms: Any
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Hoover Realty, LLC
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Schools
Schools serving 5508 Palm Blvd
School District:Charleston 01 School District
Rating | Name | Grades | Distance |
---|---|---|---|
2014 Mike Perkis Pl, Sullivans Is, SC 29482 | PK-5 | 6.4 mi | |
645 Coleman Blvd, Mt Pleasant, SC 29464 | 6-8 | 7.6 mi | |
1000 Warrior Way, Mt Pleasant, SC 29466 | 9-12 | 5.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5508 Palm Blvd
Date
Details
Price
Change
Source
5/19/2024
Price Reduced
$3,499,000
-2.78%
MLS
5/14/2024
Price Reduced
$3,599,000
-1.4%
MLS
5/05/2024
Listed
$3,650,000
17.74%
MLS
4/29/2022
Sold
$3,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5508 Palm Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$41,210
680%
$186,000
170%
2022
$5,281
-7%
$68,920
—
2021
$5,678
-4%
$68,920
3%
2020
$5,902
1%
$67,000
—
2018
$5,842
-63%
$67,000
-10%
2017
$15,955
4%
$74,790
—
2016
$15,314
5%
$74,790
—
2015
$14,584
3%
$74,790
-6%
2012
$14,225
—
$79,860
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5508 Palm Blvd
5508 Palm Boulevard, Isle Of Palms, SC 29451 (MLS# 24011384) is a Single Family property with 8 bedrooms and 7 full bathrooms. 5508 Palm Boulevard is currently listed for $3,499,000 and was received on May 05, 2024. Want to learn more about 5508 Palm Boulevard? Do you have questions about finding other Single Family real estate for sale in Isle Of Palms? You can browse all Isle Of Palms real estate or contact a Coldwell Banker agent to request more information.