Palmetto Dunes Oceanfront Hilton Head island

$4,950,000
5
6
4,950
sq. ft.
$1,000
per sq ft
Heated sq ft: 3,500 sq ft
Avg Nightly Rate: $1,300
Home Legally Sleeps: 12
Occupancy Rate: 45 weeks
Annual Gross Income : 1
Annual Net Operating Income : 1
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach, Couples/Romance, Golf, Resort
New Construction: Inquire
Days on Vrolio: 144

Property Description

5 bedroom 5 1/2 bath oceanfront rental home in a popular gated community on Hilton Head Island. Excellent rental history and will sell entire contact list from my 2 rental homes. Could be rented 45 weeks a year if you want. Over 100 5* reviews on VRBO. Best oceanfront pool deck in the community. Four master bedrooms on the ocean, 1 streetside.

Presented by:
Owner:
PD Homeowner
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 2500
Low: 1000
Peak: 2500
Special Event: 2500
Avarage: 1300.00
Furniture Age
4
Est Value of Furnishings
$200,000
Peak & High Seasons
June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
No
Reason for Selling
other opportunities, estate planning.
Foreign national buyer restrictions from government?
No
Gross Annual Income
1
Net Operating Income
1
Stories
2
Additional Indoor Rooms
Attached Garage for No car, Living Room, Master Suite Down, Multiple Master Suites
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Laminate Wood, Tile
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Attic air barriers, Carpet, Low flow faucets/toilets, Programmable thermostat
Year built
1988
Outdoor Features
Deck, Inground Pool, Inground Spa, Sprinkler System, Walk Out Balcony
View
Beach, Ocean
Backyard Exposure
East
Lot Size
Standard for the area. Oceanfront in Palmetto Dunes. One of largest pool deck areas in the community, including private beachwalk and sitting area on beachwalk.
Community Features
Bar, Bike Rentals, Driving Range, Fitness Center, Gated Community, Golf Shop, Guard Gated Community, Marina, Nature Trails/Walking Path, Ocean Access, Private Golf Course, Restaurant(s)
Tax Amount/Year
$47,000
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Bar, Bike Rentals, Driving Range, Fitness Center, Gated Community, Golf Shop, Guard Gated Community, Marina, Nature Trails/Walking Path, Ocean Access, Private Golf Course, Restaurant(s)
Mandatory HOA
Inquire
Home Legally Sleeps:
12
Onsite Parking
2 cars in garage, 2 in driveway
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$11.00
Minimum Nightly Rental
2 Days
Rental Length Requirement
Yes
Has Rental History
Yes
Established Rental History
5 Years
Occupancy Rate
45
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner, Manager
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, Private website, Existing database of guests, Professional photos, VRBO and/or Homeaway profile
Manager Cancellation Policy
 
  •  
Credit Card Fee
$3.00
Cleaning Fee
$400.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
$1.00
Electricity (Annual)
$1.00
Water/Sewer (Annual)
$1.00
Cable/Interbet (Annual)
$1.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$47,000.00
Homeowner's Insurance (Annual)
$10,000.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$1,800.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
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