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MLS# 22009440 | Folly Beach Residential

$2,250,000 | 3 beds | 2 full baths | N/A half baths | 1,000 sqft

$2,250,000 Reduced -$145,000
1689 E Ashley Avenue
Folly Beach, SC 29439
  • 3Beds
  • 2Full Baths
  • N/AHalf Baths
  • 1,000SqFt
  • 1962Year Built
  • 0.48Acres
  • MLS# 22009440
  • Residential
  • Single Family Detached
  • Active Contingent

  • Approx Time on Market7 months, 20 days
  • AreaFolly Beach
  • CountyCharleston
  • SubdivisionFolly Beach

Overview

Estimated Annual Rental Income = $540,800.00 from new build. (2 TMS #'s for 1 home = closer & larger build area). Suggestion: Tear down small cottage and build your Dream Home or a 5BR/5.5 BA Vacation Rental (Rendering photos shown). This property is one of the few double oceanfront lots that has plenty of build area for a large new home with a raised oceanside pool. The current 3 BR/2 BA home is on a vacation rental program with a strong rental history & upcoming bookings throughout 2022. See documents. OWNER/AGENT


Bathroom Info

Fullbaths:  2

Building Info

Floors:  Luxury Vinyl Plank

Year Built:  1,962

Foundation:  Crawl Space

Exterior Features

Exterior:  Vinyl Siding

Misc Ext:  Deck, Patio

Garage / Parking

Gar Pkg:  Off-Street Parking

Interior Features

Msc Intr:  Window Treatments - All, Ceiling - Smooth

Lot Info

Acres:  0.48

Lot Desc:  Beach Access, Beachfront, High, 0 - .5 Acre

Misc

Property Info

Stories:  1 Story

Roof:  Asphalt Shingle

Style:  Cottage

Room Info

Mstr Br:  Downstairs

Rooms:  Eat-In-Kitchen, Laundry, Living/Dining Combo

Ground Level:  No

Beds:  3

Sale / Lease Info

New Ownd:  Pre-Owned

Special Features

Sqft Info

Sqft:  1,000

Tax Info

Tax Map:  4391600042

Unit Info

Utilities / Hvac

Water Sewer:  Public Water, Septic

Heat:  Electric, Heat Pump

Cooling:  Central Air

Schools

Elem:  James Island

Middle:  Camp Road

High:  James Island Charter

Courtesy of listing office Dunes Commercial Properties 

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Price & Status History (on domicilecharleston.com since Fri, Apr 15th 2022)
  • Original Price: $2,495,000
  • Current Price: $2,250,000
  • Price Reduced: $245,000
Date ChangedFromTo
09/22/2022ActiveActive Contingent
08/15/2022$2,395,000 $2,250,000 Reduced by $145,000
05/24/2022$2,495,000 $2,395,000 Reduced by $100,000
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 12-06-2022 8:06 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2022 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 12-06-2022 8:06 AM EST est.

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