5802 Palmetto Drive, Isle of Palms, SC 29451
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5802 Palmetto Drive, Isle of Palms, SC 29451

$450,000

MLS #: 24007533 Days on Market: 32
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Whether you're seeking a relaxing retreat, a lucrative rental property or a combination of both, this updated studio in the Residences at Sweetgrass offers a unique opportunity to experience the best of coastal living in Wild Dunes. Welcome to B-308 located at the heart of the Resort where you are steps from the pristine Isle of Palms beach as well as a variety of amenities such as swimming pools, tennis and pickleball courts, restaurants, shopping, spa and fitness center and 2 world class golf courses. B-308 is located on the 3rd floor overlooking the beautiful plaza. The villa offers an updated space with a well-appointed kitchen, king size bed, sitting area, and private oversized balcony. It is offered fully furnished and ready to enjoy by you and future guests.Gross rental income for 2023 was $56,800 Do not miss out on this chance to own a piece of paradise in one of South Carolina's most coveted destinations.

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Listing Provided by Wild Dunes Real Estate, LLC
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Address: 5802 Palmetto Drive
State: SC
Zip: 29451
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24007533
List Price: $450,000
Bedrooms: 1
Full Baths: 1
Half Baths: N/A
Total Square Feet: 4492
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Subdivision: Wild Dunes Resort
Home Style:
Year Built: 2007
Days On Market: 32
Lot Size: acres
Outdoor & Yard Description:
0 - .5 Acre
Pool
Walk/Jog Trails
Ceiling - Smooth
Dominion Energy
Gated
Balcony
Club Membership Available
Golf Course
Golf Membership Available
Tennis Court(s)
Storm Window(s)
Elevator
Other (Use Remarks)
Beach Access
Elevators
IOP W/S Comm

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