1126 Ocean Boulevard is a $309,000, 296 square foot, 1 bedroom, 1.0 bath home located in Isle Of Palms, SC.
Opportunity to buy into ownership at the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for a hotel room as part of Palms hotel. Owner must participate in hotel management agreement. Offering at list is over a 7.25 % NOI. This is NOT an opportunity to move into the property. This is buying a room in a fully operational ocean front hotel. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from buyer as working capital contribution. Hotel room offered here is an interior unit NOT ocean front or view. Opportunity to affordably own a piece of isle of palms, collect income from hotel operations, after expenses. Pictures are of hotel property, and room. Viewings are limited.Hotel Rooms are not eligible for most traditional forms of financing. Most all sales on this product are in cash.
Based on information from the Charleston Trident® Multiple Listing Service, last updated 02/24/2024 at 02:11am MST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.