Viewing Listing MLS# 20007684

$1,150,000 | 3 beds | 3 full baths | N/A half baths | 2,488 sqft

$1,030,000
5802 Palmetto Drive UNIT B-510
Isle Of Palms, SC 29451
  • 3Beds
  • 3Full Baths
  • N/AHalf Baths
  • 2,488SqFt
  • 2007Year Built
  • 0.00Acres
  • MLS# 20007684
  • Residential
  • Single Family Attached
  • Sold

  • Approx Time on Market7 months, 29 days
  • AreaWild Dunes
  • CountyCharleston
  • SubdivisionWild Dunes Resort

Overview

Ocean sunrises will greet you each morning as you enjoy coffee from the large private patio at your very own penthouse! The Village at Wild Dunes rests in the heart of the gated Wild Dunes resort. This combination of quality, location, and views cannot be matched in the area. Take the elevator from the village shops or from the parking garage directly to your meticulously maintained, fully renovated penthouse. Enter the bright, clean, open-concept kitchen featuring state-of-the-art Thermador appliances throughout; oven, induction range, microwave and refrigerator/freezer. The large 4' x 9' kitchen island contains significant added hidden cabinet storage.Open floor plan features upgraded wide-plank upgraded wood flooring throughout and custom tile in the bathrooms. The master bedroom, with a private outdoor patio and spacious bathroom, is on the same level with the kitchen, dining room, living room and patios while the additional bedrooms and office are one level down. The ""owner's closet"" right next to your private elevator entrance is large enough for beach chairs, bicycles, golf clubs and more. Take the elevator down to the main floor and you are just steps from the beach, the Wild Dunes award winning tennis center, Harbor Golf Course, Billy G's Smokehouse, Sand and Spa Services, fitness center, Sercy Lowcountry Boutique and Hudson's Market. This penthouse is professionally furnished, and the furnishings are negotiable. Seller will pay first year regime fees with acceptable offer. Interested in this property as an investment? As it has never been rented, there is no rental history, but that also means there is no rental wear and tear. Pro forma estimate in-hand estimates gross annual rental income of over $114k. Owner has one guaranteed parking spot below building B with elevator access.


Sale Info

Listing Date: 03-17-2020

Sold Date: 11-16-2020

Aprox Days on Market: 
    7 month(s), 29 day(s)

Listing Sold: 
   3 Year(s), 5 month(s), 3 day(s) ago

Original Asking Price: $1,250,000

Asking Price: $1,150,000

Selling Price: $1,030,000

Price Difference From Original: 
Reduced By $220,000

Price Difference From Asking: 
Reduced By $120,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Community Features:  Clubhouse, Elevators, Fitness Center, Golf Membership Available, Walk/Jog Trails

Bathroom Info

Fullbaths:  3

Building Info

Levels:  Multi-Story

Window Features:  Thermal Windows/Doors, Window Treatments

Year Built:  2007

Floors:  Stone, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Patio, Covered

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Great, Media, Office, Separate Dining

Fireplace:  No

Laundry Features:  Dryer Connection

Lot Info

Lot Size Units:  Acres

Acres:  0.00

Irrigation Water Rights:  Yes

Offer Compensation

Other

Security Features:  Fire Sprinkler System

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  2

Foundation:  Raised

Exterior:  Brick, Cement Plank, Stucco

New Construction:  No

Roof:  Metal

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Condo Regime

Room Info

Beds:  3

Primary Bedroom Features:  Ceiling Fan(s), Walk-In Closet(s)

Room Master Bedroom Level:  Upper

Sale / Lease Info

Sold Date:  2020-11-16T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  2488

Unit Info

Unit:  B-510

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy, IOP W/S Comm

Heating:  Yes

Heat:  Electric, Heat Pump

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Access

Waterfront:  No

Schools

Elem:  Sullivans Island

Middle:  Laing

High:  Wando

Directions

Enter Main Gate Of Wild Dunes And Stay To The Right On Palmetto Dr. When You Get To The Village, Just Past The New Hotel Construction, Turn Into The Complimentary Valet Parking Lot Under The Building.

Courtesy of listing office Coldwell Banker Realty 

Mortgage Calculator

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Price & Status History (on echarlestonrealestate.com since Tue, Mar 17th 2020)
  • Original Price: $1,250,000
  • Current Price: $1,150,000
  • Price Reduced: $100,000
Date ChangedFromTo
05/22/2020$1,250,000 $1,150,000 Reduced by $100,000

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Vacasa SC LLC are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-19-2024 8:05 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-19-2024 8:05 PM EST est.

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