Isle of Palms, SC 29451
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Photos (click to enlarge):
44 - Isle of Palms
5 Car Carport
Gas Logs,Gas Connection,Great Room,One
Ceramic Tile,Wall to Wall Carpet,Wood
Beach Access,Beachfront,Ocean View,1 - 2 Acres
Ceiling Fan,Dual Masters,Garden Tub/Shower,Outside Access,Upstairs,Walk-In Closets
Deck,Fence - Metal Enclosed,Gazebo,Gutters,Handicapped Equipped,Lawn Irrigation,Pool - In Ground,Porch - Screened,Some Thermal Wnd/Doors,Special Yard Lights,Porch - Wrap-Around,Porch - Front Porch
Boat Storage,Cable TV Available,Club Membership Available,Elevators,Extra Storage,Golf,Golf Membership Available,Handicapped Equipped,Hot Tubs,Laundry Facility,Marina,Play Park,Trash Pickup,Walk/Jog Trails
Tankless Water Heater
Seeking 6 fortunate investors who will collectively own and cherish this incomparable estate home, with 11 bedrooms, 11.5 baths, 7,000 sq feet and unobstructed ocean views. 100% managed, with zero ownership hassles. Welcome to ''Port of Call.'' Sleeping up to 36 guests, you will have plenty of room to entertain family and friends alike. Additional home features: 1500 sq. ft. of outdoor decks, elevator, heated in-ground sportsman pool, chipping and putting green, private boardwalk to the beach with gazebo, outside wet bar with fridge and stainless steel insulat ...insulated ice bin, fire pit. Inside your chef will enjoy the gourmet kitchen(totally renovated in 2015-2016) with stainless steel Thermador appliances, 48" gas range double stove, side by side fridge, wet bar with ice maker. Throughout the home are 7" wide plank hardwood floors and custom staircase(both new in 2018) 8 King Master Suites, 3 Bunk Rooms. First floor: 6 bedrooms tucked away from the main living areas. 4 King Suites with porch access, and 2 Bunk Rooms. Second Floor: 4 King Suites, 3 with porch access, 1 Bunk Room alone with a large media and entertainment room. All bedrooms have private en-suite bathrooms. An LLC has been formed to acquire this home and only 6 LLC memberships are being offered, priced at $1,020,000/share. NO ANNUAL COSTS!! Each investor will enjoy 5 weeks of use per year and the manager will rent the remaining weeks to offset the large majority of annual costs. Past rental income is $629,000 per year. If purchaser desires income in lieu of the five vacation weeks, based on the last three years of rental history, these five weeks have averaged a net rental income after management fees in excess of $70, 000 annually.
Map of Property
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