PRICE REDUCED FOR QUICK SALE. 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. Remote control blinds in living room. 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.
Closed
Tax assessed value
$3,450,000
5508 Palm Blvd, Isle Of Palms, SC 29451
8beds
4,012sqft
Single Family Residence
Built in 2002
10,454.4 Square Feet Lot
$3,791,600 Zestimate®
$860/sqft
$7,995 Estimated rent
Home value
$3,791,600
$3.41M - $4.21M
$7,995/mo
Zestimate® history
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Newly replaced elevator accessPool filterClean waterPersonal beach paradisePublic beach access pathTile bathsSolar electric
Zillow last checked:
Listing updated:
Listed by:
Hoover Realty, LLC
Bought with:
Carolina One Real Estate
Source: CTMLS,MLS#: 24011384
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Electric
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Pantry, Sauna
- Flooring: Ceramic Tile, Wood
- Windows: Storm Window(s), Thermal Windows/Doors, Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 4,012
- Total interior livable area: 4,012 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage, Garage Door Opener
- Garage spaces: 3
Accessibility
- Accessibility features: Handicapped Equipped
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Ground Level
- Patio & porch: Deck, Covered, Front Porch, Screened
- Exterior features: Balcony, Lawn Irrigation, Lighting
- Has private pool: Yes
- Pool features: Pool - Elevated
- Fencing: Partial
Lot
- Size: 10,454 sqft
- Features: .5 - 1 Acre
Details
- Additional structures: Workshop
- Parcel number: 6040900075
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cement Siding, Wood Siding
- Foundation: Raised
- Roof: Architectural,Asphalt
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Dominion Energy, IOP W/S Comm
Community & neighborhood
Community
- Community features: Club Membership Available, Elevators, Golf, Laundry, Pool, Sauna, Storage
Location
- Region: Isle Of Palms
- Subdivision: None
Other
Other facts
- Listing terms: Any
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $3,450,000-1.4%$860/sqft |
Source:  CTMLS #24011384 Report a problem | ||
| 6/8/2024 | Contingent | $3,499,000$872/sqft |
Source: CTMLS #24011384 Report a problem | ||
| 5/19/2024 | Price change | $3,499,000-2.8%$872/sqft |
Source: CTMLS #24011384 Report a problem | ||
| 5/14/2024 | Price change | $3,599,000-1.4%$897/sqft |
Source: CTMLS #24011384 Report a problem | ||
| 5/5/2024 | Listed for sale | $3,650,000$910/sqft |
Source: CTMLS #24011384 Report a problem | ||
| 5/3/2024 | Listing removed | -- |
Source: CTMLS #24001508 Report a problem | ||
| 1/20/2024 | Listed for sale | $3,650,000+17.7%$910/sqft |
Source: CTMLS #24001508 Report a problem | ||
| 5/20/2022 | Sold | $3,100,000+85.2%$773/sqft |
Source: Public Record Report a problem | ||
| 6/30/2017 | Sold | $1,674,000+5%$417/sqft |
Source: Public Record Report a problem | ||
| 6/8/2017 | Pending sale | $1,595,000$398/sqft |
Source: Carroll Realty #17003350 Report a problem | ||
| 5/16/2017 | Price change | $1,595,000-6.2%$398/sqft |
Source: Carroll Realty #17003350 Report a problem | ||
| 2/6/2017 | Listed for sale | $1,700,000+0.1%$424/sqft |
Source: Carroll Realty #17003350 Report a problem | ||
| 12/4/2016 | Listing removed | $1,699,000$423/sqft |
Source: Carroll Realty #1410195 Report a problem | ||
| 11/23/2016 | Pending sale | $1,699,000$423/sqft |
Source: Carroll Realty #1410195 Report a problem | ||
| 6/2/2016 | Price change | $1,699,000+0.5%$423/sqft |
Source: Carroll Realty #1410195 Report a problem | ||
| 6/17/2015 | Listed for sale | $1,690,000$421/sqft |
Source: Carroll Realty #1410195 Report a problem | ||
| 5/14/2015 | Listing removed | $1,690,000$421/sqft |
Source: Carroll Realty Inc. #1410195 Report a problem | ||
| 3/31/2015 | Price change | $1,690,000-5.6%$421/sqft |
Source: Carroll Realty Inc. #1410195 Report a problem | ||
| 8/19/2014 | Listed for sale | $1,790,000+2.4%$446/sqft |
Source: Carroll Realty Inc. #1410195 Report a problem | ||
| 5/3/2005 | Sold | $1,747,500+29.4%$436/sqft |
Source: Public Record Report a problem | ||
| 8/4/2004 | Sold | $1,350,000+299.4%$336/sqft |
Source: Public Record Report a problem | ||
| 6/16/2003 | Sold | $338,000-11.1%$84/sqft |
Source: Public Record Report a problem | ||
| 7/6/2001 | Sold | $380,000$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $45,631 +6.5% | $207,000 +10.6% |
| 2024 | $42,860 +4% | $187,200 +0.6% |
| 2023 | $41,210 +680.3% | $186,000 +169.9% |
| 2022 | $5,281 -7% | $68,920 |
| 2021 | $5,678 -3.8% | $68,920 |
| 2020 | $5,902 | $68,920 +2.9% |
| 2019 | $5,902 | $67,000 -10.4% |
| 2017 | $5,902 -63% | $74,790 |
| 2016 | $15,955 +4.2% | $74,790 |
| 2015 | $15,314 +5% | $74,790 |
| 2014 | $14,584 | -- |
| 2011 | $14,584 -4.2% | -- |
| 2010 | $15,220 -0.2% | $79,860 |
| 2009 | $15,245 +3.9% | $79,860 |
| 2008 | $14,676 +17% | $79,860 +3.3% |
| 2006 | $12,541 -0.2% | $77,280 |
| 2005 | $12,572 +16.4% | $77,280 +42.3% |
| 2004 | $10,799 +1.6% | $54,300 |
| 2003 | $10,629 +182.9% | $54,300 +167.8% |
| 2002 | $3,757 +145.8% | $20,280 +181.7% |
| 2000 | $1,528 | $7,200 |
Find assessor info on the county website
Neighborhood: 29451
Nearby schools
GreatSchools rating
- 10/10Sullivans Island Elementary SchoolGrades: PK-5Distance: 6.4 mi
- 9/10Moultrie Middle SchoolGrades: 6-8Distance: 7.6 mi
- 10/10Wando High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- Elementary: Sullivans Island
- Middle: Moultrie
- High: Wando
Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$3,791,600
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Estimated market value
$3,791,600
- South Carolina
- Charleston County
- Isle of Palms
- 29451
- 5508 Palm Blvd
Nearby cities
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