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$1,395,000 | 6 beds | 6 full baths | N/A half baths | 3,806 sqft

$1,350,000
7 33rd Avenue
Isle Of Palms, SC 29451
  • 6Beds
  • 6Full Baths
  • N/AHalf Baths
  • 3,806SqFt
  • 2005Year Built
  • 0.25Acres
  • MLS# 20009859
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market2 months, 19 days
  • AreaIsle of Palms
  • CountyCharleston
  • SubdivisionNone

Overview

7 on 33rd Avenue in Isle of Palms is a 6 bedroom 6 bath vacation rental house with a private pool and a huge rooftop deck complete with ocean views, that has just completed significant updates including all new kitchen, all new interior paint, and all new furniture. Key features are two separate living room spaces, two separate covered porches and a large open rooftop deck with ocean views. All levels of this house are accessible by elevator. The home is located just one block to the ocean.The home is elevated and has a reverse floor plan. At the ground level, this home has a large 2-bay garage for 3-4 cars and ample drive parking for 6+ cars. For further entertainment, there is a ping-pong table at this level, a rinse off shower area, access to the pool and putting area and plenty ospace for all the beach toys, chairs and supplies.First floor has an open living area in between four bedrooms. Each of the four bedrooms on this level has a private bath. This entire floor has wood flooring and tiled bathrooms. This floor also has access to a covered 300sft+ side porch and exterior stairs leading directly to the pool and golf putting green area. The second floor has the main/second living room which is open to the new gourmet kitchen. The kitchen has a large and open bar counter area, new cabinets, new quartz counters and attractive stainless appliances. This great room has two separate dining spaces, both breakfast table area and large dining area. A set of sliding doors leads out to the second large 300sft+ covered porch. Adjacent to the kitchen is a laundry and storage area. The master bedroom and the 6th bedroom are also on this floor. The master suite has a large bathroom with dual vanities, separate shower and soaking tub. The 6th bedroom has an adjoining bath which also opens to the hall area for guest access.The third floor has a wet bar area with beverage refrigerator and slider door to the 800sft+ open ocean view deck. Currently set up for entertainment, there is a pool table, lounge chairs and plenty of space to sit and enjoy expansive ocean views.Uniquely, this home is in an AE flood zone rather than V this translates to more affordable insurance. Sellers have provided both a survey and elevation certificate. This is a generous lot with total lot size measuring ~85x130.In 2019, the sellers allowed renters from May through September only, and then removed from rental to allow time for upgrades. During this timeframe and in its prior condition the gross rents were $98,000. Projections for 2020 were going to exceed $130,000 (pre-COVID) and currently there are bookings exceeding $100,000 already in place (subject to change).


Sale Info

Listing Date: 04-10-2020

Sold Date: 06-30-2020

Aprox Days on Market: 
    2 month(s), 19 day(s)

Listing Sold: 
   3 Year(s), 9 month(s), 28 day(s) ago

Original Asking Price: $1,395,000

Asking Price: $1,395,000

Selling Price: $1,350,000

Price Difference From Original: 
Reduced By $45,000

Price Difference From Asking: 
Reduced By $45,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Fullbaths:  6

Building Info

Levels:  3 Stories

Window Features:  Window Treatments

Year Built:  2005

Floors:  Ceramic Tile, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Fencing:  Privacy, Fence - Wooden Enclosed

Misc Ext:  Deck, Patio

Pool Private:  Yes

Pool Features:  In Ground

Style:  Contemporary

Garage / Parking

Gar Pkg:  3 Car Garage, Attached, Off Street

Garage:  Yes

Attached Garage:  Yes

Green / Env Info

Interior Features

Interior Features:  Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Formal Living, Game, Great, Living/Dining Combo, Pantry

Fireplace:  No

Laundry Features:  Laundry Room

Lot Info

Lot Size:  0.25

Lot Desc:  High, Level

Lot Size Units:  Acres

Acres:  0.25

Lot Sqft:  10890

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  3

Foundation:  Raised

Exterior:  Cement Plank

New Construction:  No

Roof:  See Remarks

Building Area Units:  Square Feet

Special:  Flood Insurance

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  6

Primary Bedroom Features:  Ceiling Fan(s)

Room Master Bedroom Level:  Upper

Sale / Lease Info

Sold Date:  2020-06-30T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  3806

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy, IOP W/S Comm

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Access

Waterfront:  No

Schools

Elem:  Sullivans Island

Middle:  Moultrie

High:  Wando

Directions

Turn On 33rd Avenue, Drive One Block And #7 Is Immediately In Front Of You.

Courtesy of listing office AgentOwned Realty Charleston Group  - 843-769-5100

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On findingcharlestonahome.com since Fri, Apr 10th 2020
No Property History recorded for this listing.

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