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$1,695,000
52 Days On Site

4993,75,53 Lake Palmetto
North Charleston, SC 29418

For Sale|Condominium|Active
9
Beds
0
Full Baths
0
Partial Baths
6,657
SqFt
$255
/SqFt
2005
Built
Subdivision:
Lake Palmetto
County:
Charleston
Listing courtesy of Tift Properties

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4993,75,53 Lake Palmetto4993,75,53 Lake Palmetto4993,75,53 Lake Palmetto4993,75,53 Lake Palmetto
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Three active short term rentals sold fully furnished generating over 300,000 per year in income. All future bookings will transfer upon sale complete pass through investment at a high rate of return. Agents and buyers search through loopnet, crexi, mls, or any other real estate platform and try to find a pass through cap rate at 8.5%. The rentals have many five star reviews with streamlined management already in place. All three rentals are unique booking experiences since they are lake front (these units consistently rent higher than well known park circle rentals) and can accommodate a large family due to each townhome being over 2200 sq ft. Since the properties are fee simple and built after 2004 maintenance is minimal without worry of an overbearing HOA or large assessments.

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Listing Snapshot
Price 
$1,695,000
Days On Site 
52 Days
Bedrooms 
9
Inside Area (SqFt) 
6,657 sqft
Total Baths 
10
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
2005
MLS® Number 
25003531
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.12
Property Sub Type 
Condominium
Security 
Fire Sprinkler SystemSecurity System
SqFt Total 
6657
Interior Features
Appliances 
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Basement 
Crawl Space
Cooling 
Ceiling Fan(s)Central Air
Heating 
Central
Interior 
Ceiling Fan(s)
Laundry Features 
Washer Hookup
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Asphalt
Community Features
MLS Area 
31 - North Charleston Inside I-526
Schools
School District
Unknown
Elementary School
Meeting Street Elementary at Brentwood
Middle School
Northwoods
High School
North Charleston
Listing courtesy of Tift Properties



Listing information is provided by Participants of the CHS Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, CHS Regional MLS.
Last checked: 2025-04-04 09:30 PM UTC

Neighborhood & Commute
Source: Walkscore
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