SOLD $4,200,000.00
”Ocean View” is a seven bedroom, seven bathroom (two half), 3,860 square foot home that features the finest in luxury amenities. Completely remodeled over the last 14 months, all full baths and kitchen have new tile and countertops as well as the interior and exterior being freshly painted. Located in the ideal block of ”Millionaire’s Row” (equidistant from Breach Inlet and Front Beach IOP) this home boasts luxurious features such as its three-sided infinity edge pool and spa, glass elevator, 375-gallon aquarium, 375-gallon terrarium, rooftop deck with hot tub, 48” Wolf gas range/oven (2021), outdoor kitchen (2021), new pool tile and deck (2021), standing seam metal roof (2020), custom cabinetry, wet bar, frameless shower enclosures (2021), etc. From the large wrap-around porches and widow’s walk encompassing over 2000 square feet, you have spectacular views of the island, Sullivan’s Island lighthouse, Morris Island lighthouse, and the third largest cable stay bridge in the Western Hemisphere. Located just five blocks from the heart of the Isle of Palms, guests can enjoy shops and restaurants on Front Beach, or walk directly across quiet Ocean Boulevard to the beach access.
This home is one of the top rental homes on the island due to its exclusive features, location and its grandfathered and transferrable rental license for 16 occupants (12 is currently the max without this grandfathered benefit). Producing over $380,000 of rental income in 2021, and on pace for over $400,000 this year ($301,000 already on the books), this is a strong investment opportunity.
