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Triplex Bungalow Near Beach
For Sale
$1,750,000

1 12th Avenue, Isle of Palms, SC 29451

Residential Income, Isle of Palms, SC

Property Size1,504 SF
Lot Size0.10 Acres
Price / SF$1,163
Days on Market216

Property Features for 1 12th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Conforming
Bedrooms 4
Rooms Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2
Interior features Ceiling Fan(s)
Elementary school Sullivans Island
Middle school Moultrie
High school Wando
Directions Isle Of Palms Connector, Right Onto Iop Blvd, 1 12th Street Is Two Blocks On The Right
Subdivision 44 - Isle of Palms
Standard status Active
Size 1,504 SF
Lot size 0.10 Acres

Utilities

Sewer type Septic Tank
Heating system Other (Heating)
Water source Public

Building Details

Year built 1978
Floors in Building 1
Number of units 3
Building materials Masonite
Listing Agency: Coastal Point Real Estate
Listed By: Mary Mccarthy
Added: Feb 23 Changed: Sep 22 Last Checked: Sep 27 at 12:06AM
MLS# 26005123

Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,504-square-foot triplex bungalow contains two one-bedroom, one-bath units and one two-bedroom, one-bath unit. Built in 1978, the property includes ceiling fans, Masonite construction, public water, and a septic tank. The 0.1-acre lot also includes a porch and established palm trees and grand oaks.

Located at 1 12th Avenue in Isle of Palms, the property is one block from the Intracoastal Waterway and two blocks from the beach. Beachfront restaurants, a concert venue, bars, and a grocery store are also identified nearby. The existing three-unit layout provides a defined multifamily configuration for residential income use, subject to applicable regulations.

Key Highlights

  • Three‑unit layout with two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
  • 1,504 square feet of property size on a 0.1‑acre lot
  • One block from the Intracoastal Waterway and two blocks from the beach

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Hair Salon Law Firm HVAC Service Furniture & Home Goods Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby

Demographics for 29451, SC

4,417
Population
4,581
Households
1
Avg Household Size
55
Median Age
70%
College-Educated
100%
High-School Grad
9.1 sq mi
ZIP Area
485
Density / Sq Mi
$148,285
Median Household Income
$87,391
Median Earnings
$3,236
Median Rent
$1,197,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit bungalow with two one-bedroom residences and one two-bedroom residence.
Where is this triplex located?
The property is located at 1 12th Avenue Isle of Palms, SC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Three‑unit layout with two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; 1,504 square feet of property size on a 0.1‑acre lot; One block from the Intracoastal Waterway and two blocks from the beach
More about this property
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