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Price $1,995,000
Beds 11
Baths 11 full, 1 half
Home size 7,000 sq ft
Lot Size 41,382 sqft
Days on Market 124
One-half ownership in the premier rental home on the most popular stretch of the Isle of Palms, and a favorite with guests, family and friends. 3400 Palm was built to generate maximum income and provide a great place for gatherings at the beach. Everything has been designed to handle large groups - parking, trash containers, etc. - while affording individuals ample space and privacy. Gross income projected for the coming year is over $400,000. 11 bedrooms (8 kings), 11 and a half baths, Jacuzzi tubs, granite counter tops throughout. A large great room downstairs, and a large home theater/family room upstairs. Gourmet kitchen with custom cabinetry, two refrigerators, two dishwashers, two ice makers, double oven, large cook top. Elegantly furnished, with beautiful wood floors throughout main living areas, fully carpeted bedrooms, tile baths, elevator, two laundry rooms (one up, one down), high speed internet/wifi, 11 TVs/DVDs and a flat screen television and projection screen in the home theater. Decks on both the front and the back of the home on multiple levels. Outside facing the ocean: a 20' x 50' in-ground gunite pool, two grills, your own putting and chipping green, and a winding wooden walkway to a private beach gazebo overlooking the Atlantic. This is an opportunity to own a half-interest in the best rental income producer on the islands. If square footage is important - MEASURE!!
Property Type(s): Residential, Residential / Fractional Ownership
Last Updated 3/9/2012 Tract Isle Of Palms
Year Built 2005 Community Chs-Isle Of Palms
Garage Spaces 3.0 County Charleston
Total Parking 3

Schools

Elementary School Sullivans Island
Middle School Laing
High School Wando

Price History

Prior to Mar 10, '12 $2,500,000
Mar 10, '12 - Today $1,995,000

Additional Details

# Full Baths 11
# Half Baths 1
Amenities Cable Available, Golf
Cooling Central
County Charleston
Elementary School SULLIVANS ISLAND
Exterior Cement Plank
Fireplace Living Rm
Floors Ceramic Tile, W/w Carpet, Wood
Foundation Elev Construction
Heating Forced Air, Heat Pump
High School WANDO
Lot Description Beach Access, Beachfront, High, Level
Master Bedroom Downstairs, Dual Masters, Upstairs
Middle School LAING
Misc. Exterior Deck, Gazebo, Pool-Inground
Misc. Interior 9'+ Ceilings, All Wdw Trmt, Kitchen Island, Smooth Ceil, Wlkin Closet
New/Owned Pre-owned
Parking 3+ Car Gar
Property Type Fractional Ownership
Roof Asphalt Shng
Rooms Eat-in Kitch, Family, Foyer, Great Room, Laundry, Media, Pantry
Special Flood Ins
Stories 2 Story
Water/Sewer Public Water, Septic

Location

Bird's Eye

Listing Provided by Sand Dollar Real Estate Group

 

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