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5508 Palm

  • 8
  • 7
  • 4012

$3,599,000Isle of Palms, SC

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Price History

$3,650,000.00 -> $3,599,000.00 on 05/14/2024

5508 Palm

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. 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.

Essential Information

  • MLS® #24011384
  • Price$3,599,000
  • Bedrooms8
  • Bathrooms7
  • Full Baths7
  • Square Footage4,012
  • Square Footage4,012.00
  • Acres0.24
  • Year Built2002
  • TypeResidential
  • Sub-TypeSingle Family Detached
  • StyleTraditional
  • StatusActive

Community Information

  • Address5508 Palm
  • AreaWild Dunes
  • SubdivisionNone
  • CityIsle of Palms
  • CountyCharleston
  • StateSC
  • Zip Code29451

Amenities

  • Garage Spaces3
  • Parking3 Car Garage, Garage Door Opener
  • Has Private PoolYes
  • Pool FeaturesPool - Elevated

Interior

  • InteriorCeiling - 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
  • HeatingElectric
  • CoolingCentral Air
  • FireplaceYes
  • Stories3

Exterior

  • Exterior FeaturesBalcony, Lawn Irrigation, Lighting
  • RoofArchitectural, Asphalt
  • ConstructionCement Plank, Wood Siding
  • FlooringCeramic Tile, Wood
  • Foundation DetailsRaised
  • Patio And Porch Features Deck, Covered, Front Porch, Porch - Full Front, Screened
  • Community FeaturesClub Membership Available, Elevators, Golf Membership Available, Laundry, Pool, Sauna, Storage

Lot

  • Lot Features.5 - 1 Acre

School Information

  • ElementarySullivans Island
  • HighWando

Additional Information

Listing Details

  • OfficeHoover Realty, LLC

LISTED BY Hoover Realty, LLC, (843) 814-4171