Ocean Front opportunity on exclusive Isle of Palms! 8 55th avenue is a rare chance to take down an existing beach front home and build a custom dream home on the shores of the Atlantic. Whether building for personal use or rental investment, this lot provides an ideal setting on the of Isle of Palms. The .31 acre ocean front lot is located on a quiet cul-de-sac on the island and has 90ft ocean frontage with a substantial amount of sand dunes and low level flora buffer in the front. An existing ocean side pool can likely be incorporated into a newly built home providing an ideal oasis for family and guests to enjoy. Only a stone's throw from world class golfing, tennis and fitness, Wild Dunes Resort provides access to some of the finest amenities in the entire Charleston area.(See Wild Dunes Resort Membership link for membership details). With very few ocean front opportunities available on the island, the possibilities are endless for this lot. Easy to show and sellers are ready to sell!
Listing Date: 06-20-2018
Sold Date: 11-13-2018
Aprox Days on Market: 
4 month(s), 23 day(s)
Listing Sold: 
5 Year(s), 5 month(s), 6 day(s) ago
Original Asking Price: $2,495,000
Asking Price: $2,300,000
Selling Price: $2,100,000
Price Difference From Original:
Reduced By $395,000
Price Difference From Asking:
Reduced By $200,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 4
Levels: Two
Year Built: 1979
Rent Control: No
Pool Private: Yes
Pool Features: In Ground
Style: Traditional
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.31
Lot Desc: 0 - .5 Acre
Lot Size Units: Acres
Acres: 0.31
Lot Sqft: 13503.6
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 2
Foundation: Raised
Exterior: Cement Plank
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 4
Sold Date: 2018-11-13T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 3327
Water Source: Public
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: No
Water Front Features: Beach Access, Beach Front
Waterfront: Yes
Courtesy of listing office Daniel Ravenel Sotheby's International Realty