ONLY 3 bedroom true OCEAN VIEW unit in the exclusive Residences at Sweetgrass inside the gates of the premier resort Wild Dunes. This is an incredible opportunity to own a turn-key hotel style accommodation with outstanding rental income. This beautiful three bed and three bath unit was celebrated as the very first selection during the building's initial offering in 2007. Two king bedrooms with lock off two queen bed third bedroom offer maximum rental potential. Step out onto your balcony and take in the panoramic ocean and resort views. You can see all the way to Sullivan's Island Lighthouse! Take in all Wild Dunes Resort has to offer including golf, tennis/pickleball, pools, spa, dining and much, much more. You are just 25 minutes to the beautiful historic city of Charleston.
Closed
$1,480,000
5802 Palmetto Dr #B-501, Isle Of Palms, SC 29451
3beds
1,615sqft
Condominium
Built in 2007
-- sqft lot
$1,493,300 Zestimate®
$916/sqft
$5,376 Estimated rent
Home value
$1,493,300
$1.40M - $1.60M
$5,376/mo
Zestimate® history
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True ocean viewTurn-key hotel style accommodation
Zillow last checked:
Listing updated:
Listed by:
Wild Dunes Real Estate, LLC
Bought with:
Wild Dunes Real Estate, LLC
Source: CTMLS,MLS#: 25010656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Living/Dining Combo, Living/Dining Combo
Heating
- Heat Pump
Cooling
- Central Air
Features
- Ceiling - Smooth, Elevator, Ceiling Fan(s)
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 1,615
- Total interior livable area: 1,615 sqft
Property
Parking
- Parking features: Attached, Off Street
Features
- Levels: Multi/Split
- Stories: 5
- Spa features: Community
Lot
- Features: 0 - .5 Acre
Details
- Parcel number: 6041000537
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Block
- Foundation: Raised
- Roof: Metal
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Dominion Energy, IOP W/S Comm
Community & HOA
Community
- Features: Boat Ramp, Clubhouse, Club Membership Available, Dock Facilities, Elevators, Fitness Center, Gated, Golf, Lawn Maint Incl, Marina, Pool, Security, Tennis Court(s), Trash, Walk/Jog Trails
- Security: Fire Sprinkler System
- Subdivision: Wild Dunes Resort
Location
- Region: Isle Of Palms
Financial & listing details
- Price per square foot: $916/sqft
- Tax assessed value: $1,128,000
- Annual tax amount: $12,425
- Date on market: 4/21/2025
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $1,480,000-4.5%$916/sqft |
Source:  CTMLS #25010656 Report a problem | ||
| 4/24/2025 | Listed for sale | $1,549,000$959/sqft |
Source: CTMLS #25010656 Report a problem | ||
| 4/21/2025 | Contingent | $1,549,000$959/sqft |
Source: CTMLS #25010656 Report a problem | ||
| 4/21/2025 | Listed for sale | $1,549,000+44.1%$959/sqft |
Source: CTMLS #25010656 Report a problem | ||
| 9/2/2022 | Sold | $1,075,000-10.4%$666/sqft |
Source: CTMLS #22018516 Report a problem | ||
| 7/29/2022 | Contingent | $1,200,000$743/sqft |
Source: CTMLS #22018516 Report a problem | ||
| 7/10/2022 | Listed for sale | $1,200,000-7.8%$743/sqft |
Source: CTMLS #22018516 Report a problem | ||
| 10/27/2008 | Sold | $1,300,900$806/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,425 +10.5% | $55,630 +15% |
| 2024 | $11,241 +3.3% | $48,380 |
| 2023 | $10,883 +22.9% | $48,380 +19.8% |
| 2022 | $8,853 +1.1% | $40,370 |
| 2021 | $8,754 +1.4% | $40,370 |
| 2020 | $8,635 | $40,370 +15% |
| 2019 | $8,635 | $35,100 |
| 2017 | $8,635 +14.1% | $35,100 |
| 2016 | $7,566 +4.1% | $35,100 |
| 2015 | $7,265 +5% | $35,100 |
| 2014 | $6,916 | -- |
| 2011 | $6,916 -39.4% | -- |
| 2010 | $11,417 -0.2% | $59,760 |
| 2009 | $11,442 +3.9% | $59,760 |
| 2008 | $11,007 | $59,760 |
Find assessor info on the county website
Neighborhood: 29451
Nearby homes
- $1,300,0003 bd3 ba1.6k sqft5800 Palmetto Dr #R-VG206, Isle Of Palms, SC 29451Sold
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- $1,470,2003 bd3 ba1.6k sqft5802 Palmetto Dr #B-522/520, Isle Of Palms, SC 29451Off Market
Nearby schools
GreatSchools rating
- 10/10Sullivans Island Elementary SchoolGrades: PK-5Distance: 6.6 mi
- 10/10Moultrie Middle SchoolGrades: 6-8Distance: 7.8 mi
- 10/10Wando High SchoolGrades: 9-12Distance: 5.8 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
$1,493,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,493,300
- South Carolina
- Charleston County
- Isle of Palms
- 29451
- 5802 Palmetto Dr Unit B-501
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