1126 Ocean Boulevard, Isle of Palms, SC

1126 Ocean Boulevard, Isle of Palms, SC

Listing ID 24000860

Opportunity to buy into ownership at the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for a hotel room as part of Palms hotel. Owner must participate in hotel management agreement. Offering at list is over a 7.25 % NOI. This is NOT an opportunity to move into the property. This is buying a room in a fully operational ocean front hotel. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from buyer as working capital contribution. Hotel room offered here is an interior unit NOT ocean front or view. Opportunity to affordably own a piece of isle of palms, collect income from hotel operations, after expenses. Pictures are of hotel property, and room. Viewings are limited.Hotel Rooms are not eligible for most traditional forms of financing. Most all sales on this product are in cash.

Listed by: The Peninsula Company, LLC

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  • Property Details
    • status: Active
    • bedrooms: 1
    • full baths: 1
    • square ft: 296
    • county: Charleston
    • year built: 2000
    • property type: Residential
  • Schools
    • Elementary School:Sullivans Island
    • Middle School:Moultrie
    • High School:Wando
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Melody Novak
Melody Novak

Cell Phone:703-362-4063

Office Phone:843-723-7150

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