1010 Ocean Blvd 103, MLS 16003291, Isle of Palms condo for sale

1010 Ocean Boulevard
Isle Of Palms, SC

Don't miss this incredible opportunity to purchase a turnkey Ocean Front Rental Property in the Heart of Isle of Palms! This well maintained condo is a true delight and offers your own direct access to the pool and the boardwalk to the beach. The living space features hardwood floors, an open floor plan and beautiful ocean views. The kitchen is appointed with maple cabinets, granite counters, a double embedded sink, and an eat at bar. The great room is bright and sunny with a wet bar, ceiling fan and porch access. The master bedroom offers ocean views and private access to the patio, a spacious bathroom with dual vanity, garden tub, walk in shower, and dual closets. The other three bedrooms are all a great size with lots of closet space. CLICK MORE... The following items have been updated: HVAC 2015 with a paid maintenance plan until Fall 2016 Dishwasher 2008 Refrigerator 2012 Dryer 2012 Bedroom mattress 2008 & 2014 TV Living room 2006, 2008, 2011 TV Master BR 2013 Patio furniture 2009, 2012, 2013 The condo is managed through VRBO and homeaway. The property is rented almost year round and has quite a few repeat visitors every year. Rental Income is as follows: 2013 $76,883 2014 $95,812 2015 $99,430 Over $60,000 on the books for 2016 as of 2/8/16 HOA Breakdown is as follows: $845 goes to Insurance $127 goes to Reserve funding $665 goes to Maintenance $103 goes to Mgmt/Legal/Acct Maintenance fund is used for: Elevator Landscaping/Mulch/Flowers Pool Contract/Maintenance Pest Control Dryer Vent cleanout Safety & Fire Systems Gate Maintenance Boardwalk Maintenance Powerwashing Water for building & pool Electric for common areas Building repairs Annual roof inspection/repairs Buyer to verify schools, taxes, square footage, amenities, HOA Fees, Buyer transfer fees, and anything else deemed important.

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