About 1116 Ocean Boulevard
Rare opportunity to own an entire oceanfront condo building located directly on the Front Beach in the heart of IOP's retail and restaurant district. This 6-unit condo building is being sold fully furnished, and all units are active, turn-key vacation rentals. Guests love the expansive ocean views from the back covered porches. Just a few steps puts you poolside or on the beach. A few more steps and you're at most of the Island's restaurants, bars, and shops. There are 6 total condo units: Four 3-BR/2.5-BA units at 1600 sq ft each (101, 102, 201, 202); one 1-BR/1-BA unit at 800 sq ft (301); and one 4-BR/3.5-BA unit at 2400 sq ft (302). Sale is for the entire building and land. Units will not be sold separately.Recent improvements include: -New roof 2021 -Entire building painted -All windows & sliding glass doors replaced -All master bedroom showers replaced -New granite and cabinets (all replaced between 2019-2021) -All new LVT flooring (2018-2021) -All freshly painted (2019-2021) -Common areas sealed -New shutters (orange) -New fences built to create boundaries to property -Upgraded sprinkler & fire equipment in covered garage -New outdoor shower & bench area off beach access -Rebuilt 75% of the beach access walk -Pool decking resurfaced in 2023 -Painted reserve parking spaces -All new lattice around perimeter of ground level -Painted the property-facing side of the public bathhouse -Improved drainage around the property -All dryer vents replaced -Many furnishings for each unit were upgraded
Features of 1116 Ocean Boulevard
| MLS® # | 26024517 |
|---|---|
| Price | $12,800,000 |
| Bathrooms | 0.00 |
| Square Footage | 9,600 |
| Acres | 0.84 |
| Year Built | 2002 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 1116 Ocean Boulevard |
|---|---|
| Area | 44 - Isle of Palms |
| Subdivision | Oceanview |
| City | Isle of Palms |
| County | Charleston |
| State | SC |
| Zip Code | 29451 |
Amenities
| Amenities | Elevators, Pool |
|---|---|
| Utilities | Dominion Energy, IOP W/S Comm |
| Parking | Garage, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
School Information
| Elementary | Sullivans Island |
|---|---|
| Middle | Moultrie |
| High | Wando |
Additional Information
| Days on Website | 3 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | AgentOwned Realty Preferred Group |
|---|---|
| Contact Info | 843-886-9993 |