THIS IS A FRACTIONAL PROPERTY. THE PRICE REFLECTS 1/13TH OWNERSHIP. Welcome to #1, 47th Avenue on the Isle of Palms! This stunning ocean front home is situated on one of the largest lots on the island, offering fantastic panoramic ocean and beach views. There are 13 lucky partners, two of whom are selling their 4 week position. Each interest is just $197,500! This homes boast an elevator, huge garage and a wide open airy floor plan. The first floor has a huge screened porch and deck across the ocean front side of the home. There is a large, open kitchen, living room, dining room, four bedrooms, three baths and a laundry room all on the first floor. The second level features a huge great room with a deck overlooking the ocean, three large bedrooms each with a full bath and ample closets.