$3,650,000
5508 Palm Boulevard
Isle of Palms, SC 29451
MLS# 24011384
8 beds  |  7 baths  |  4012 sqft
5508 Palm Blvd... 8 bedrooms, 7 baths!
  1 / 70  
5508 Palm Blvd... 8 bedrooms, 7 baths! Short walk to beach with beach path directly beside the home. Raised home w/ large garage underneath w/ EV charger, workshop, shower, finished bonus room. Short walk to beach with no roads to cross -- home is on the ocean side of Palm Blvd. Roof replaced in 2023. Solar panels redone in 2023. Nestled by trees, the home has privacy along with close beach proximity. Short walk to what many consider the quietest part of the IOP beaches. Fenced maintenance free turf yard Enjoy your own resort style & putting green. Teach the kids how to putt! Golf courtyard has stairs up to the 2nd floor porch -- w/ enclosed pool deck. Yard is well manicured -- with sprinkler system & professional lighting at night. Notable features - new 3 stop elevator, solar power, whole house generator, new roof, UV filtration to AC, newly revamped AC. An abundance of outdoor porches - nestled among the trees for privacy. Off the indoor living area you'll find an outdoor living space the functions like a living room & dining area. Outdoor couches to enjoy morning coffee or afternoon cocktails. Two bar tables that each seat 8 . Gas grill on the covered porch with steps leading to yet another outdoor retreat. Sunbathe or relax in privacy on the upper deck. Take advantage of the eastern facing morning skies & western facing night skies for incredible panoramic views from this 3rd floor open deck. Or bring your telescope for the unpolluted night skies. Pictures don't do the kitchen justice. Bar seating for 8 ... Plenty of room for both the cooks & the guests. Note that the floors are brazilian cherry - NO carpet. Chef's dream -- Viking cooktop, Subzero fridge, 2 dishwashers, ice maker, double oven & more. Space abounds in the ultra large kitchen that has to be seen to be appreciated. Yet another angle from the walk-in pantry side of the kitchen. In addition to bar seating for 8, enjoy the table seating for 10! Cozy living area blends with the kitchen/dining area & opens to the covered porch. Living area with gas fireplace & wall mounted TV. Reverse floor plan -- this living space is up the stairs -- or up the 3 stop elevator that was replaced in 2023. Another view of dining area that leads to outdoor living space. Dining space conveniently located beside kitchen. King bedroom on 1st floor at back of home by the pool deck. All bedrooms have wall mounted TVs. This room also has massage chair. Recently renovated primary bathroom sports double shower heads. Dual Vanities were a part of recent bathroom renovation. Gym-grade exercise trainer negotiable. Large primary closet also boasts a medical grade infrared sauna! Private porch off the primary bedroom - also leads to the pool area. Another view of this porch as it connects to the pool. Another huge King bedroom on the 1st floor. This room is large enough for 2 couches -- creating a romantic retreat. Ensuite bath connected to the previous king bedroom. Yet another 1st floor bedroom - this one large enough for 2 queens as well as a couch! Ensuite bathroom connected to the double queen bedroom. Also on 1st floor is another queen bedroom at the back of the home. Another view of this queen room - one of the 8 bedrooms! Ensuite bathroom for this queen room with long vanity. This bathroom is the only of the home's 7 bathrooms that is shared. Small room with custom built queen murphy bed adjoins the previous bathroom. Can be great for family with young kids who need to be separate but nearby. Folks are spellbound by the oversized TV -- and the theater chairs that adorn this 2nd floor queen bedroom. You may have to fight your kids for the use of this room! Ensuite bathroom attached to the media room / queen bedroom. Another queen bedroom on the 2nd floor. Relax in the massage chair in the corner after a long day on the nearby golf course. Ensuite bathroom for this queen bedroom This is one of 3 upstairs & 4 downstairs full baths. Off the main living area on 2nd floor is another bedroom that is equipped with a double-double bunk & its own bathroom - perfect for the kids. Commercial sized laundry is on the 1st floor - with cabinets & folding area. The home is a "reverse floor plan", which is common at the beach. The living space is on the 2nd floor, while 5 of the 8 bedrooms are on the 1st floor. If stairs are a problem, just use the elevator that was replaced in 2023 -- from the garage to both levels of the home. Elevated enclosed saltwater pool makes it easy to enjoy a dip even in the rain. Screened porch keeps the leaves & dirt out of the pool -- and maintenance low. New gas pool heater & pool filter! With yet another outdoor living space adjacent to the pool, there is room for all ages to enjoy outdoor shaded comfort while the adventurous in your crowd enjoy the pool. View from the pool toward this screened porch that is on the 1st floor in the privacy of the rear of the home. The pool -porch opens up into the hallway with the 1st floor bedrooms. Close to beach ... nestled in the trees with privacy. Solar panels and roof replaced in 2023. Enjoy little to no power bill, depending upon your usage. Steps to the beach. Take public beach path next door to the home or the other nearby path that is accessed out the back driveway. Amazing income potential -- Rental reservations hhhed high cash flow business.

Property Description
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.

Details
Maps
Documents
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2024-05-05
Status: Active
List Price: $3,650,000
Current Price: $3,650,000
Location, Tax & Legal
Tax Map #: 6040900075
Street #: 5508
Street Name: Palm
Street Suffix: Boulevard
County: Charleston
State: SC
Zip Code: 29451
Area: 45 - Wild Dunes
Tax District: 24 - City of Isle of Palms
Subdivision: None
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Legal Description: LOT 1 TRACT A BLK C
Directions: From Mt Pleasant drive over IOP Connector. Left at light onto Palm Blvd. Continue straight on Palm as it winds left, then turn right. House is on the Right just before end of Palm Blvd.
General Property Info
Bedrooms: 8
Primary Bedroom – Main Level: No
Baths - Full: 7
Baths - Total: 7
Ground Level: Yes
Stories: 3
Primary Structure Apx SqFt: 4012
Ownership: Fee Simple
Year Built: 2002
Acreage: 0.24
Other Structures Y/N: No
Potential Short Sale: No
C/R: No
Lease Purchase: No
HOA Fee: No
Auction: No
Tax/Fees
Special Assessment: No
Taxes: 41210
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Car Charging Station Details
Location: in garage EV charging station
Solar Panel Details
Location: Located on Rooftop
Property Features
SqFt Source: Builder/Owner; Previous Listing
SF Detached Style: Traditional
Lot Description: .5 - 1 Acre
Misc Exterior: Balcony; Deck; Fence - Partial; Handicapped Equipped; Lawn Irrigation; Patio - Covered; Pool - Elevated; Porch - Front Porch; Porch - Full Front; Porch - Screened; Sauna; Special Yard Lights; Storage; Storm Windows; Thermal Windows/Doors; Workshop
Roof: Architectural; Asphalt Shingle
Exterior: Cement Plank; Wood Siding
Foundation: Elv. Construction
Garage/Parking: Car Charging Station; 3 Car Garage
Stories/Levels: 3 Stories
Misc Interior: Ceiling - Smooth; Ceilings - 9'+; Elevator; Handicapped Equipped; Kitchen Island; Sauna; Walk-In Closets; Window Treatments - All
New Owned: Pre-Owned
Rooms: Bonus; Eat-In-Kitchen; Foyer; Great; Laundry; Living/Dining Combo; Media; Pantry; Sauna
Primary Bedroom: Ceiling Fan; Downstairs; Multiple Closets; Outside Access; Walk-In Closets
Cooling: Central Air
Floors: Ceramic Tile; Wood
FP Desc/Location: Gas Logs; Living Room
Equipment/Appliances: Built-In Electric Oven; Ceiling Fan; Dishwasher; Disposal; Dryer; Garage Door Opener; Gas Cooktop; Microwave; Refrigerator; Washer; Other
Water/Sewer: Public Sewer; Public Water
Heat: Electric
Possession: At Closing
Showing Instructions: Contact Listing Agent
Utility Suppliers: Dominion Energy; IOP W/S Comm
Amenities: Cable TV; Club Membership Available; Elevators; Golf Membership Available; Handicapped Equipped; Laundry; Pool; Sauna; Storage
Proposed Financing: Any
Assumable: No
Green Features: Energy Star Appliance; Solar Panels
Solar Panel Details: Own
Supplements
New counter update 2024 not yet shown in pics. 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.

Listing Office: Hoover Realty, LLC

Last Updated: May - 05 - 2024

5508 Palm Boulevard, Isle of Palms, SC 29451 - MLS# 24011384
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Search powered by FBS Products