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

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

3 Bed · 3 Bath · 1,250 Sq Ft

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

3

Beds

3

Baths

1,250

Sq Ft

1984

Built

About 7600 Palmetto Dr Unit D 224

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.

Home Highlights

Fully furnished oceanfront end-unitPrivate balcony off primary suite with Atlantic viewsStrong rental history and income potentialAccess to Wild Dunes resort amenities (golf, tennis, pool)1,250 sqft — turnkey, move-in readyBuilt 1984 with stucco construction and metal roofEstimated monthly rent near $5,000 (seasonal variations apply)

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Sullivans Island Elementary School

Elementary

10/10

Moultrie Middle School

Middle

9/10

Wando High School

High

10/10

Walkability & Recreation

60
Walkability
85
Recreation

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.

Investment Highlights

  • Fully furnished oceanfront end-unit with panoramic Atlantic Ocean views
  • Located within the exclusive Shipwatch Villas of Wild Dunes Resort
  • Strong rental history, indicating consistent income potential
  • Access to resort amenities including golf courses, tennis courts, and dining
  • Proximity to top-rated schools and downtown Charleston enhances appeal

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

Things to Consider

  • Built in 1984; potential for aging infrastructure requiring maintenance
  • HOA fees and resort membership costs should be reviewed
  • Flood risk due to oceanfront location; flood insurance may be required
  • Market fluctuations could impact rental income and property value

Opportunity Analysis

Oceanfront condo in a premier resort community with strong rental history and access to extensive amenities, offering both lifestyle and investment benefits.

Potential Use Scenarios

  • Utilize as a vacation rental to capitalize on strong demand for oceanfront accommodations
  • Consider personal use during off-peak seasons to maximize enjoyment and rental income
  • Monitor market trends to assess potential for long-term appreciation

Risk Factors

  • Potential maintenance costs associated with an older property
  • Exposure to coastal weather conditions and associated risks
  • Dependence on tourism market for rental income stability

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1000K

Midpoint

$1050K

High

$1100K

$840/SF estimated price per square foot

85% confidence

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.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$1,200,000
Avg Days on Market90 days
Inventory3.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)4,000
Median Income (1 mi)$95,000

Isle of Palms has experienced steady property value appreciation due to its desirable coastal location and resort amenities. Walkability Rating estimate: 60/100.

Nearby Points of Interest

  • 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)

Located within Wild Dunes Resort, offering access to golf courses, tennis courts, dining, and beach activities. Proximity to Isle of Palms Marina and Sullivan's Island provides additional recreational opportunities.

School District

DistrictCharleston County School District
ElementarySullivans Island Elementary School (10/10)
MiddleMoultrie Middle School (9/10)
HighWando High School (10/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1984
Constructionstucco
Stories1
Roofmetal
Heatingcentral_electric
Coolingcentral_air
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Topographylevel
Parkingoff_street
Parking Spaces1
FrontageOceanfront with direct beach access

Utilities

Waterpublic
Sewerpublic
ElectricDominion Energy

Zoning & Land Use

Zoning CodePD
DescriptionPlanned Development
JurisdictionCity of Isle of Palms

Allowed Uses

residentialresortrecreational
Current Useresidential
Assessor UseCondominium

Tax & Sale History

Tax Assessment

Total Assessed$616,400
Land$154,078
Improvements$462,322
Annual Tax (2022)$8,124

Sale History

1988-04-06$225,000

$180/SF

Public record of sale

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