MLS# 21006374 | Boulevard Sullivans Island SC | subdivision

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$5,200,000 | 8 beds | N/A full baths | N/A half baths | 4,320 sqft

$5,000,000
Boulevard
Sullivans Island, SC 29482
  • 8Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 4,320SqFt
  • 1991Year Built
  • 0.49Acres
  • MLS# 21006374
  • Multi Family
  • Sold

  • Approx Time on Market26 days
  • AreaSullivans Island
  • CountyCharleston
  • SubdivisionNone

Overview

OCEANFRONT, this half acre property is currently used as three units, providing consistent income with one coveted short-term rental license and two monthly licenses. The largest unit can be used as the owner's residence or rented long term. The two smaller units have both short term and monthly rental income. This is a rare opportunity to own investment property on Sullivan's Island while living on the beach. Need one large home? The grand beach house can again be used as a large family gathering place with privacy for multiple families. Prefer to build? This is one of the largest lots available oceanside for new construction. The town a short beach stroll or golf car ride away, 2907 Marshall is a great personal residence or investment opportunity.Unit A is the large center unit with four bedrooms and four baths, used previously by the owners as a personal residence then rented monthly/long term. This unit contains a chef's kitchen with stainless appliances, recycled glass countertops, significant cabinet storage, large counter eating space, wine cooler and a double pantry. The living room wall of glass doors and windows overlooks the large deck with steps to the beach. The vaulted ceiling living room with fireplace is open to the kitchen, dining area and the upper floor. A guest bedroom/office is just off the living room. This level also contains a full bath with soaking tub. Upstairs are three large bedrooms, each with its own bath. The largest center bedroom has a large walk-in closet with built in storage and a full laundry room. The main bath has coastal tile and modern fixtures. The two additional bedrooms are carpeted for sound, each large enough to hold a king bed, dresser and desk. Each has a window seat with storage, subway tiled bathroom, a pebbled floor shower and modern fixtures. This unit has commercial Mitsubishi HVAC units recently installed with twelve-year warranties.The home has two additional smaller units, each with two bedrooms and one bath, Unit B on the north side with a vacation rental license (three night minimum) and Unit C on the south with a monthly rental license (twenty-nine night minimum). Each unit has ceiling fans in all rooms, new Mitsubishi mini-split HVAC systems, stainless appliances, a full-sized stacked washer and dryer, shower in tub and pedestal sink bathrooms. Both units have a queen bedroom and bedroom with two twin beds.


Sale Info

Listing Date: 03-11-2021

Sold Date: 04-07-2021

Aprox Days on Market: 
    26 day(s)

Listing Sold: 
   3 Year(s), 18 day(s) ago

Original Asking Price: $5,000,000

Asking Price: $5,200,000

Selling Price: $5,000,000

Price Difference From Original: 
Same as Original Price

Price Difference From Asking: 
Reduced By $200,000

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:  Elevators

Bathroom Info

Building Info

Year Built:  1991

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Garage Door Opener, 2 Car, Garage

Garage:  Yes

Attached Garage:  No

Interior Features

Interior Features:  Ceiling Fan(s)

Fireplace:  No

Lot Info

Lot Size:  0.49

Lot Size Units:  Acres

Acres:  0.49

Lot Sqft:  21344.399999

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  B

Stories:  2

Foundation:  Pillar/Post/Pier

Exterior:  Wood Siding

New Construction:  No

Roof:  Asphalt

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Triplex

Room Info

Beds:  8

Sale / Lease Info

Sold Date:  2021-04-07T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Unit Sqft:  880

Unit Sqft:  880

Unit Sqft:  2,798

Sqft:  4320

Unit Info

Number of Units Total:  3

Unit Bedrooms:  2

Unit Bedrooms:  2

Unit Bedrooms:  4

Utilities / Hvac

Water Source:  Public, Well

Utilities:  Dominion Energy, SI W/S Comm

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Sullivans Island

Middle:  Moultrie

High:  Wando

Directions

From Ben Sawyer Boulevard Across Ben Sawyer Bridge, Turn Left On Jasper Boulevard. Continue To Station 29 And Turn Right. At Marshall Boulevard, Turn Left And It Will Be The Second House On The Right.

Courtesy of listing office Reinay Holdings, LLC 

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Price & Status History (on marshallwalker.com since Thu, Mar 11th 2021)
  • Original Price: $5,000,000
  • Current Price: $5,200,000
  • Price Increased: $200,000
Date ChangedFromTo
04/08/2021$5,000,000 $5,200,000 Increase by $200,000
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 Marshall Walker Real Estate 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 04-25-2024 11:06 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 04-25-2024 11:06 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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