Homes/South Carolina/Isle of Palms/7600 Palmetto Dr Unit D 224
CompCasa Property Analysis · condo

7600 Palmetto Dr Unit D 224

Oceanfront Shipwatch Villa — 3BR/3BA End-Unit with Balcony Views

Fully furnished oceanfront condo in Wild Dunes Resort with proven rental appeal

3 beds3 baths1,250 sq ftBuilt 1984none
CompCasa valuation analysis
Estimated market value
$1,050,000
Low $1,000,000 · Midpoint $1,050,000 · High $1,100,000
Confidence85%Sales comparison approach
Last recorded sale$225,000Apr 6, 1988
Assessed value$616,4002022 assessment
CompCasa estimate$1,050,000Mar 8, 2026
Estimate vs. last recorded sale+$825,000 / +366.7%
$1,000,000$1,050,000 midpoint$1,100,000
Price / sq ft$840
Median sale price$1,200,000
Avg days on market90 days
Inventory3.5 months

Sales comparison approach using recent sales of similar oceanfront condos in Wild Dunes Resort. Adjusted for size, condition, and amenities. Income approach supports valuation based on strong rental history.

About the property

Oceanfront Shipwatch Villa — 3BR/3BA End-Unit with Balcony Views

This Shipwatch Villas end-unit occupies one of Wild Dunes’ most coveted oceanfront positions — three bedrooms, three baths and 1,250 square feet of well-planned living that opens directly onto the Atlantic. As you step inside, expansive ocean-facing windows and an open living area frame uninterrupted views; the primary suite includes a private balcony where evening surf and horizon become part of daily life. Offered fully furnished, the residence is move-in ready and immediately positioned for personal use or short-term rental operation.

The living space flows around a kitchen equipped with modern appliances and practical counter space for relaxed meal preparation. Each bedroom is sized for comfort and the third bath adds versatility for guests or multi-family stays. Mechanical systems include central air and central electric heat; the building’s stucco construction and metal roof are consistent with coastal design and maintenance practices for this vintage (built 1984). Off-street parking (one space) and accessible ingress from Palmetto Drive support easy arrival and guest turnover.

Shipwatch Villas’ resort lifestyle is the property’s second headline: owners and guests access Wild Dunes amenities — two championship golf courses, tennis and pickleball facilities, multiple dining options, a community pool and playground, and direct beach access just steps from the building. The condo’s consistent rental performance (rent comps in the $4.0–4.4/sf range and an estimated monthly rent near $5,000) demonstrates strong seasonal demand for oceanfront accommodations in this gated resort setting.

From an ownership perspective, recent market analysis places likely value between $1,000,000 and $1,100,000, reflecting limited oceanfront inventory on Isle of Palms and steady appreciation over recent years. Prospective buyers should verify HOA fees, resort membership requirements and flood insurance costs as part of their due diligence. With top-rated nearby schools and convenient access to Charleston’s historic district (approximately 15 miles), this Shipwatch Villas unit combines resort income potential with everyday coastal living.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$1,600,000
Property address7600 Palmetto Dr Unit D 223, Isle of Palms, SC 29451
3 bed3 bath1,250 sq ftBuilt 19840 mi$1280/SF
Sold May 22, 2025
Subject difference
  • Same living area
  • Same year built
Research comparison noteSimilar oceanfront unit in Shipwatch Villas; sold recently
02Sold price$1,700,000
Property address7600 Palmetto Dr Unit B 409, Isle of Palms, SC 29451
3 bed3 bath1,616 sq ftBuilt 19840 mi$1052/SF
Sold Jun 25, 2024
Subject difference
  • 366 SF larger
  • Same year built
Research comparison noteLarger unit with similar amenities; sold within the past year
03Sold price$999,000
Property address7600 Palmetto Dr Unit D 222, Isle of Palms, SC 29451
2 bed2 bath1,084 sq ftBuilt 19840 mi$922/SF
Sold Sep 1, 2025
Subject difference
  • 166 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
  • Same year built
Research comparison noteSmaller unit; provides context for valuation adjustments
Comp methodology: Comparable sales and rentals were selected based on proximity, size, condition, and amenities to ensure accurate valuation and rental income estimates.
Property details

A 1984 oceanfront.

Building

Year built1984
ConstructionStucco
RoofMetal
Heatingcentral_electric
Coolingcentral_air

Site & utilities

Garagenone
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 3 bathrooms, fully furnished, oceanfront views, access to community amenities including pool and playground
TopographyLevel
FrontageOceanfront with direct beach access
ParkingOff Street
Parking spaces1
Parking notesOff-street parking available
AccessStandard residential access from Palmetto Drive
WaterPublic
SewerPublic
ElectricDominion Energy
Location & nearby

Wild Dunes Resort

Researched nearby locations

Wild Dunes Resort Golf Course (0.2 mi)
Isle of Palms Marina (1.5 mi)
Sullivan's Island Lighthouse (5 mi)
Charleston Historic District (15 mi)

Location

7600 Palmetto Dr Unit D 224, Isle of Palms, SC 29451

View in Google Maps
Editorial neighborhood context

Wild Dunes Resort on the Isle of Palms is a resort enclave that blends beachfront calm with active recreation — two championship golf courses, a tennis and pickleball center, marina access, pool and multiple dining venues. The gated community attracts vacationers, second-home owners, and investors seeking short-term rental income. Beyond resort gates, Isle of Palms offers relaxed island character, close proximity to Sullivan’s Island and roughly a 20–30 minute drive to Charleston’s dining, arts and historic attractions. Top-rated local schools and well-maintained public beaches round out lifestyle appeal.

Nearby access summary

Excellent ocean and resort recreation: direct beach access, two Wild Dunes golf courses within walking distance, tennis/pickleball center, community pool, and Isle of Palms Marina under two miles away for boating and water sports.

ElementarySullivans Island Elementary School (10/10)
Middle schoolMoultrie Middle School (9/10)
High schoolWando High School (10/10)
School districtCharleston County School District
Market context

A factual market snapshot around 7600 Palmetto Dr Unit D 224.

Median sale price$1,200,000
Avg days on market90 days
Inventory3.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Isle of Palms and the Wild Dunes Resort currently favor sellers for oceanfront product. Inventory is modest — about 3.5 months in the area — and oceanfront units remain highly sought, producing steady appreciation (approximately +5% year-over-year and about +25% over five years). Average days on market in the corridor are roughly 90 days, though well-priced, turnkey oceanfront condos often move faster during high season. Single-family homes and resort condos perform differently: condos in Wild Dunes sell to a mix of investors and lifestyle buyers and typically command strong seasonal rental demand; lease comps here show monthly rents in the $4,500–$5,000 range for similar oceanfront units. For buyers, this moment offers access to proven rental revenue and an established resort amenity package, while sellers benefit from limited supply. Risks include seasonal volatility to rental income, HOA/resort fee structures, and coastal insurance costs — factors buyers should quantify when evaluating returns. Overall, for qualified buyers seeking an income-producing oceanfront condo with resort access, the market conditions are favorable, though careful underwriting of operating costs and insurance remains essential.

Zoning & land use

Planned Development

Zoning

Zoning codePD
DescriptionPlanned Development
JurisdictionCity of Isle of Palms
Assessor useCondominium
Current useResidential

Research-indicated uses

  • Residential
  • Resort
  • Recreational
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$154,078
Assessed improvements$462,322
Total assessed$616,400
Assessment year2022
Annual property tax$8,124
Tax year2022

Sale history

1988-04-06$225,000 · $180/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$4,500/mo
Property address7600 Palmetto Dr Unit B 209, Isle of Palms, SC 29451
2 bed2 bath1,084 sq ft$4.15/SF
Leased Jul 1, 2025
Subject difference
  • 166 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
Research comparison noteComparable oceanfront rental in Shipwatch Villas
02Monthly rent$4,800/mo
Property address7600 Palmetto Dr Unit D 222, Isle of Palms, SC 29451
2 bed2 bath1,084 sq ft$4.43/SF
Leased Aug 1, 2025
Subject difference
  • 166 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
Research comparison noteSimilar unit with strong rental history
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Built in 1984 with 1,250 square feet of living space
  • Assessed value in 2022: $616,400 (land: $154,078; improvements: $462,322)
  • Annual property tax in 2022: $8,124
  • Last sold in 1988 for $225,000
  • Recent comparable sales suggest current market value between $1,000,000 and $1,100,000

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm HOA fees and any special assessments
  • Review rental income statements and occupancy rates
  • Inspect property for any deferred maintenance or needed repairs
  • Verify flood insurance requirements and costs
  • Assess market conditions for oceanfront rentals in Wild Dunes Resort
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 3 bathrooms
  • 1,250 square feet - end-unit layout
  • Fully furnished for immediate occupancy or rental
  • Open living area with ocean-facing windows
  • Primary suite with private balcony overlooking the beach
  • Kitchen with modern appliances
  • Central air conditioning and central electric heat
  • No fireplace

Exterior & Lot

  • Oceanfront location with direct beach access
  • Stucco construction with metal roof
  • Off-street parking (estimated 1 space)
  • Community swimming pool and playground
  • Level site within Wild Dunes Resort

Location & Neighborhood

  • Located inside Wild Dunes Resort — gated, resort-community living
  • Wild Dunes Golf Course (0.2 mi)
  • Isle of Palms Marina (1.5 mi)
  • Sullivan's Island and Charleston easily accessible
  • Top-rated schools in Charleston County School District

Walkability & Recreation

  • Walkability Rating: 60/100 — Somewhat Walkable
  • Direct beach access and shoreline recreation
  • Golf, tennis and pickleball facilities within the resort
  • Marina and boating access within 2 miles
  • Neighborhood pool, playground and resort dining options
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Akers Ellis Real Estate & Rentals listing for 7600 Palmetto Dr Unit D 224View source
2
Realtor.com listing and tax history for 7600 Palmetto Dr Unit D 222View source
3
Realtor.com listing and rental estimate for 7600 Palmetto Dr Unit B 209View source
4
Realtor.com listing and sale history for 7600 Palmetto Dr Unit B 409View source
5
Realtor.com listing and sale history for 7600 Palmetto Dr Unit 312View source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.