2 active short term rentals sold fully furnished generating over 200,000 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.
- SC
- North Charleston
- 29418
- 4953,4975 Lake Palmetto Lane
- MLS# 25003531
- Date Listed02/10/2025
- Bedrooms 6
- Bathrooms
- Lot Size 0.12 acres (5,227 sq. ft)
- Subdivision Lake Palmetto
- County Charleston
- Year Built 2005
- Square Feet 4,279 sq. ft
- Price Per Sq. Ft $246.55
Interior Features
- Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Cooling Ceiling Fan(s), Central Air
- Heating Central
Exterior / Lot Features
- Roof Asphalt
- Lot Size Acres 0.12
- Lot Size SQFT 5,227.20
- Lot Features -
Financial Considerations
Nearby Schools
Source: School Digger
Meeting Street Elementary At Brentwood
Public • PK - 8 • Serves this home
0.59 mi
Distance
Meeting Street Elementary@burns
Public • 3 - 5 • Serves this home
2.37 mi
Distance
Public • 9 - 12 • Serves this home
2.87 mi
Distance
Meeting Street Elementary At Brentwood
Public • PK - 8 • Serves this home
0.59 mi
Distance
Public • 1 - 5
1.58 mi
Distance
Malcolm C. Hursey Elementary School
Public • PK - 8
2.17 mi
Distance
Public • 1 - 5
2.62 mi
Distance
North Charleston Elementary School
Public • PK - 5
2.87 mi
Distance
Public • PK - 5
3.03 mi
Distance
Matilda Dunston Elementary School
Public • PK - 5
3.35 mi
Distance
W. B. Goodwin Elementary School
Public • PK - 5
3.42 mi
Distance
Orange Grove Elementary Charter School
Public • PK - 8
4.74 mi
Distance
Public • PK - 8
4.97 mi
Distance
Allegro Charter School Of Music
Public • 6 - 12
1.08 mi
Distance
Public • 6 - 8
1.6 mi
Distance
Meeting Street Elementary@burns
Public • 3 - 5 • Serves this home
2.37 mi
Distance
Public • 6 - 12
2.5 mi
Distance
Public • 6 - 12
3.76 mi
Distance
Jerry Zucker Middle School Of Science
Public • 6 - 8
4.41 mi
Distance
Public • 6 - 8
4.67 mi
Distance
C.e. Williams Middle School (north Campus)
Public • 6 - 6
5.91 mi
Distance
Public • 6 - 12
6.77 mi
Distance
Public • 7 - 8
8.36 mi
Distance
Daniel Jenkins Creative Learning Center
Public • 9 - 12
1.86 mi
Distance
Public • 9 - 12
2.5 mi
Distance
Cooper River Center For Advanced Studies
Public • 9 - 12
2.87 mi
Distance
Public • 9 - 12 • Serves this home
2.87 mi
Distance
Lowcountry Acceleration Academy
Public • 9 - 12
3.45 mi
Distance
Charleston Advancement Academy High School
Public • 9 - 12
3.45 mi
Distance
Gregg Mathis Charter High (youthbuild)
Public • 9 - 12
4.3 mi
Distance
Public • 9 - 12
4.43 mi
Distance
Public • 9 - 12
5.36 mi
Distance
West Ashley Center For Advance Studies
Public • 9 - 12
6.87 mi
Distance
Private • KG - 12
8.59 mi
Distance
Harvest Time International Academy
Private • 04 - 12
8.91 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 2520 Primrose Avenue | 4 | 3 | Nov 14, 2025 | $265,000 |
| 1658 Indy Drive | 3 | 3 | Nov 14, 2025 | $359,000 |
| 1656 Indy Drive | 3 | 3 | Nov 14, 2025 | $365,000 |
| 2712 Budds Avenue | 3 | 2 | Nov 14, 2025 | $205,500 |
| 1668 Indy Drive | 3 | 3 | Nov 14, 2025 | $450,000 |
| 1670 Indy Drive | 3 | 3 | Nov 14, 2025 | $470,000 |
| 2637 Lilac Avenue | Listing | 3 | 1 | Nov 14, 2025 | $240,000 |
| 2813 Peacock Avenue | 2 | 1 | Nov 14, 2025 | $110,000 |
| 1902 Morningside Drive | 3 | 1 | Nov 14, 2025 | $250,000 |
| 1667 Indy Drive | 4 | 4 | Nov 14, 2025 | $550,000 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 23,732 | 110,369 | 416,906 | 335,858,263 |
| Population Density | 1,823 | 1,425 | 455 | 95 |
| People per Household | 2.4 | 2.5 | 2.4 | 2.6 |
| Median Age | 36.9 | 35.4 | 38.8 | 39.1 |
| Median Income | $44,287 | $48,446 | $70,500 | $66,222 |
| Average Income | $23,966 | $24,846 | $42,496 | $35,475 |
| Cost of Living Index | 87 | 91 | 91 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 36.9°F | 36.9°F | 42.4°F | 22.6°F |
| July Avg. High Temp | 90.9°F | 90.9°F | 88.5°F | 86.2°F |
| Annual Precipitation | 51.53" | 51.53" | 46.39" | 38" |
37/100
Car-Dependent
Walk Score ®
34/100
Some Transit
Transit Score ®
36/100
Bikable
Bike Score ®
Overview
Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.Transit Summary
5 nearby routes: 5 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 22/100, Bike Score: 39/100.
Property Change History
View Changes
Previous Description:
Updated Description:
Points of Interest near 4953,4975 Lake Palmetto Lane, North Charleston, SC 29418
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Frequently Asked Questions for 4953,4975 Lake Palmetto Lane
Source: Realty.com
4953,4975 Lake Palmetto Lane, North Charleston, SC 29418 is a Townhouse, Residential Income property listed for $1,055,000 The property is 4279 sq. ft with 6 bedrooms and 0 bathrooms
Realty.com has 46 photos of 4953,4975 Lake Palmetto Lane.
Our records indicate that 4953,4975 Lake Palmetto Lane was built in 2005.
The full address for this home is 4953,4975 Lake Palmetto Lane, North Charleston, SC 29418.
4953,4975 Lake Palmetto Lane has been listed on Realty.com since Mon February 10, 2025
Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 22/100, Bike Score: 39/100.
There are 3 schools assigned to this home. Check out the schools near 4953,4975 Lake Palmetto Lane. Meeting Street Elementary At Brentwood (Grades: PK - 8), Meeting Street Elementary@burns (Grades: 3 - 5), North Charleston High School (Grades: 9 - 12)
Listing provided courtesy of:
Tift Properties
(tel: 843-514-8566)
Listing agent:
Tift Mitchell
(tel: 843-514-8566)
(#19879)
This content last refreshed on 2025-12-04 03:00:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 4953,4975 Lake Palmetto Lane, North Charleston, SC 29418 : MLS# 25003531