1116 Ocean Boulevard, Isle of Palms

Rare opportunity to own an entire oceanfront condo building located directly on the Front Beach in the heart of IOP's retail and restaurant district. This 6-unit condo building is being sold fully furnished, and all units are active, turn-key vacation rentals. Guests love the expansive ocean views from the back covered porches. Just a few steps puts you poolside or on the beach. A few more steps and you're at most of the Island's restaurants, bars, and shops. There are 6 total condo units: Four 3-BR/2.5-BA units at 1600 sq ft each (101, 102, 201, 202); one 1-BR/1-BA unit at 800 sq ft (301); and one 4-BR/3.5-BA unit at 2400 sq ft (302). Sale is for the entire building and land. Units will not be sold separately.Recent improvements include: -New roof 2021 -Entire building painted -All windows & sliding glass doors replaced -All master bedroom showers replaced -New granite and cabinets (all replaced between 2019-2021) -All new LVT flooring (2018-2021) -All freshly painted (2019-2021) -Common areas sealed -New shutters (orange) -New fences built to create boundaries to property -Upgraded sprinkler & fire equipment in covered garage -New outdoor shower & bench area off beach access -Rebuilt 75% of the beach access walk -Pool decking resurfaced in 2023 -Painted reserve parking spaces -All new lattice around perimeter of ground level -Painted the property-facing side of the public bathhouse -Improved drainage around the property -All dryer vents replaced -Many furnishings for each unit were upgraded