PRICE REDUCED FOR QUICK SALE. 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. New counter update 2024 not yet shown in pics. Remote control blinds in living room. 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.
Montessori Community School, Public District Grades PK-8
Sullivan's Island Elementary School, Public District Grades PK-5
North Charleston Creative Arts Elementary School, Public District Grades KG-3
Other
Directions Information:
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.
Price Information
Listing Price Info
Price Summary:
List Price: $3,499,000
Price Per SqFt: $872/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Isle of Palms, SC.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Sullivan's Island Elementary School
1120 Rifle Range Rd
Distance between this listing and this school6.45 miles
Public District Grades PK-5
2
/10
North Charleston Creative Arts Elementary School
1600 Saranac St
Distance between this listing and this school16.07 miles
Public District Grades KG-3
Middle School
7
/10
Laing Middle School
1560 Mathis Ferry Rd
Distance between this listing and this school6.16 miles
Public Magnet Grades 6-8
7
/10
Montessori Community School
2122 Wood Ave
Distance between this listing and this school18.47 miles
Public District Grades PK-8
High School
6
/10
Wando High School
1000 Warrior Way
Distance between this listing and this school5.80 miles
Public District Grades 9-12
Assigned Schools
8
/10
Sullivan's Island Elementary School
1120 Rifle Range Rd
Distance between this listing and this school6.45 miles
Public District Grades PK-5
2
/10
North Charleston Creative Arts Elementary School
1600 Saranac St
Distance between this listing and this school16.07 miles
Public District Grades KG-3
Nearby Schools
9
/10
Mamie Whitesides Elementary School
1565 Rifle Range Rd
Distance between this listing and this school5.34 miles
Public District Grades PK-5
Assigned Schools
7
/10
Laing Middle School
1560 Mathis Ferry Rd
Distance between this listing and this school6.16 miles
Public Magnet Grades 6-8
7
/10
Montessori Community School
2122 Wood Ave
Distance between this listing and this school18.47 miles
Public District Grades PK-8
Nearby Schools
8
/10
Thomas C. Cario Middle School
3500 Thomas Cairo Blvd
Distance between this listing and this school5.84 miles
Public District Grades 6-8
Assigned Schools
6
/10
Wando High School
1000 Warrior Way
Distance between this listing and this school5.80 miles
Public District Grades 9-12
Nearby Schools
6
/10
Charleston Charter School For Math and Science
1002 King St
Distance between this listing and this school12.06 miles
Public Charter Grades 6-12
7
/10
James Island Charter High School
1000 Fort Johnson Rd
Distance between this listing and this school12.16 miles
The neighbors living near this home have an average income of $177,083. Residents of Isle of Palms, SC typically earn $200k+ each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5508 Palm Blvd
What is the listing price of this property?
The listing price of 5508 Palm Blvd property is $3,499,000.
What type of property is this?
The property 5508 Palm Blvd is a house located in Isle Of Palms, South Carolina, 29451.
Is this property for sale now?
Accepting Backup Offers: 5508 Palm Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 5508 Palm Blvd are: Sullivan's Island Elementary School: GreatSchools Rating 8/10North Charleston Creative Arts Elementary School: GreatSchools Rating 2/10Laing Middle School: GreatSchools Rating 7/10Montessori Community School: GreatSchools Rating 7/10Wando High School: GreatSchools Rating 6/10
How many bedrooms and bathrooms does this property have?
The property at 5508 Palm Blvd has 8 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 5508 Palm Blvd is 4,012 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5508 Palm Blvd is 2002.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5508 Palm Blvd in Isle Of Palms, SC and zip code 29451 in the Wild Dunes neighborhood. This 4,012 square foot home, which was built in 2002, sits on a 0.24 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 05, 2024 and is currently priced at $3,499,000.
Isle of Palms, SC housing market in May 2024 saw over 3 listings sold above listed price, more than 3 sold at listed price and over 14 sold below. In May 2024 in Isle of Palms, SC there were 7.7% more homes for sale than in April 2024.
From Rocket Homes Real Estate and based on county public records data.
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
Figure Skating
Stein Mart
BJs Wholesale Club
Kmart
Cracker Barrel
Bob Evans
Panera
Lexus
Lincoln
Infiniti
Oldies
News/Talk/Information
Adult Hits