B-505/5802 Palmetto Drive

Off Market

B-505/5802 Palmetto Drive

Isle of Palms SC 29451

1288 sq. ft.

13503.6 sq. ft.

Condo

Last sold for $1,150,000

Nathan Bullock, last sold this property on 17 October 2025 after 62 days on market.

Overview

BEST OCEAN VIEWS, LOCATION & TOP EARNER! Don't miss this RARE OPPORTUNITY to own a top floor earner with literally the BEST OCEAN VIEWS and location in the complex! There are just four 2BR/2BA 5th floor Lock Offs facing the ocean, but ONLY one is perfectly positioned with breathtaking panoramic OCEAN VIEWS overlooking the sandy beach, row houses and pools rivaling the new hotel's rooftop! ((( 2025 PROJECTION $160K, 2025/2024 JULY RENT $24k+ ))) This RESORT CENTRAL flexible condo generates max revenue year-round and can be rented 4 ways; full 2BR, 1BR suites separately, or stay in one side and rent out the other! The hotel-like 1BR Lock Off adds extra income especially during off-season conventions. Enjoy high ceilings, a gourmet granite kitchen with stainless appliances, elevators withno-worry full-spectrum luxury management in this fully-furnished beyond turnkey unique unit offering all the best of condos and hotels combined. Soak in the marble-encased tub, unwind on your ocean facing balcony wrapped in Wild Dunes robes, stroll downstairs to the Spa, listen to Live music at the Grand Pavilion or amphitheater, bike on trails, or take advantage of ALL included WD amenities: 6 pools, 2 gyms, tennis center, golf, exclusive access to Owners' Beach House and discounts from resort restaurants, bike rentals, shops and services. Every amenity plus the great Atlantic Ocean are all just steps away! New HVACs, fridge 2022 + hot water heaters. Other perks: catered delivered meals, free umbrella and beach chairs, priority bookings, concierge services, valet and free island transportation. No need for a car or wallet - charge to your account and relax! Bookended in between the resort's 2 highly ranked hotels, the Residences join the few condos worldwide with this distinction for extra value and future demand. Plus it's the newest condo on the island. Now more rental options from WD, and VRBO+ full-time. REGIME FEE includes MORE than other condos: building and flood insurance*, water, sewer, land line phones, high speed Fiber internet/Wifi, cable + extras like concierge, valet/bellman services, pool, termite/bug control, exterior maintenance, building backup generator, patrolled security, landscaping + healthy Master capital reserve fund. Windows and doors are not replaced by owners/HOA supported. A PERFECT BEACH GETAWAY & E-Z INVESTMENT!

Features

2 bedrooms

2 bathrooms

1288 sq. ft. floor area

13503.6 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Isle of Palms over the last 12 months, the estimated median property value of B-505/5802 Palmetto Drive is $1.04m.

Median value

$1.04m

Estimated value range

$595k - $1.19m

Median days on market

Estimated value trend

28%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Isle of Palms. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for B-505/5802 Palmetto Drive

2025

Sold

$1,150,000

17 Oct 2025 by Nathan Bullock, of Deserving Vacations LLC

Happy sellers in Isle of Palms

We have insufficient information to provide an overview of customer satisfaction for Isle of Palms. Viewing the agent profiles, reviews and sales for Isle of Palms can provide insights for this location.

Local market activity for 2 bedroom condos in Isle of Palms

In the last 12 months, 19 two-bedroom condos similar to B-505/5802 Palmetto Drive, have been sold.

This represents a 30% increase in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Isle of Palms for a market analysis.

Chris Basinger

at St. Germain Properties Llc

(3 reviews)

Get a market analysis

John Beall

at Carroll Realty

(2 reviews)

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Luis Bordon

at ChuckTown Homes Real Estate - Charleston

(8 reviews)

Get a market analysis

Sue OQuinn

at Realty ONE Group Coastal | Summerville

(15 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Isle of Palms

Chris Basinger

Chris Basinger is an award winning recommended agent for Isle of Palms. They have 7 local sales and collected 3 local reviews across the last 12 months.