5802 Palmetto Drive Unit #B-505/507, Isle Of Palms, SC 29451

$1,199,000
2
BD
2
BA
1,288
SqFt
List Price
$1,199,000
Status
Active
MLS#
25022595
Year Built
2007
Living Area
1,288
Bedrooms
2
Bathrooms
2
Full-baths
2
Subdivision
Wild Dunes
Master Bedroom
Ceiling Fan(s), Garden Tub/Shower, Multiple Closets, Outside Access
Acres
0.31

Property Description

BEST OCEAN VIEWS, LOCATION & TOP EARNER! Don't miss this RARE OPPORTUNITY to own a top floor earner with literally the BEST OCEAN VIEWS and location in the complex! There are just four 2BR/2BA 5th floor Lock Offs facing the ocean, but ONLY one is perfectly positioned with breathtaking panoramic OCEAN VIEWS overlooking the sandy beach, row houses and pools rivaling the new hotel's rooftop! ((( 2025 PROJECTION $160K, 2025/2024 JULY RENT $24k+ ))) This RESORT CENTRAL flexible condo generates max revenue year-round and can be rented 4 ways; full 2BR, 1BR suites separately, or stay in one side and rent out the other! The hotel-like 1BR Lock Off adds extra income especially during off-season conventions. Enjoy high ceilings, a gourmet granite kitchen with stainless appliances, elevators withno-worry full-spectrum luxury management in this fully-furnished beyond turnkey unique unit offering all the best of condos and hotels combined. Soak in the marble-encased tub, unwind on your ocean facing balcony wrapped in Wild Dunes robes, stroll downstairs to the Spa, listen to Live music at the Grand Pavilion or amphitheater, bike on trails, or take advantage of ALL included WD amenities: 6 pools, 2 gyms, tennis center, golf, exclusive access to Owners' Beach House and discounts from resort restaurants, bike rentals, shops and services. Every amenity plus the great Atlantic Ocean are all just steps away! New HVACs, fridge 2022 + hot water heaters. Other perks: catered delivered meals, free umbrella and beach chairs, priority bookings, concierge services, valet and free island transportation. No need for a car or wallet - charge to your account and relax! Bookended in between the resort's 2 highly ranked hotels, the Residences join the few condos worldwide with this distinction for extra value and future demand. Plus it's the newest condo on the island. Now more rental options from WD, Vacasa, and VRBO+ full-time. REGIME FEE includes MORE than other condos: building and flood insurance*, water, sewer, land line phones, high speed Fiber internet/Wifi, cable + extras like concierge, valet/bellman services, pool, termite/bug control, exterior maintenance, building backup generator, patrolled security, landscaping + healthy Master capital reserve fund. Windows and doors are not replaced by owners/HOA supported. A PERFECT BEACH GETAWAY & E-Z INVESTMENT!

Additional Information

Levels
Multi-Story
Lot Description
0 - .5 Acre
Interior Features
Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Family, Formal Living, Entrance Foyer, Living/Dining Combo, Other, Utility
Construction
Brick, Masonite, Stucco
Floors
Carpet, Luxury Vinyl, Marble
Roof
Metal
Cooling
Central Air
Heating
Heat Pump
Exterior Features
Balcony, Lawn Irrigation
Foundation
Raised
Parking
Attached
Elementary School
Sullivans Island
Middle School
Cario
High School
Wando

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nathan Bullock from Listing Office: Deserving Vacations LLC.