Folly Beach, SC 29439
- 3Beds
- 2Full Baths
- N/AHalf Baths
- 1,000SqFt
- 1962Year Built
- 0.48Acres
- MLS# 22009440
- Residential
- Single Family Detached
- Sold
- Approx Time on Market8 months, 6 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
Sale Info
Listing Date: 04-15-2022
Sold Date: 12-22-2022
Aprox Days on Market:
8 month(s), 6 day(s)
Listing Sold:
1 Year(s), 3 month(s), 27 day(s) ago
Original Asking Price: $2,495,000
Asking Price: $2,250,000
Selling Price: $2,000,000
Price Difference From Original:
Reduced By $495,000
Price Difference From Asking:
Reduced By $250,000
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Bathroom Info
Fullbaths: 2
Building Info
Levels: One
Window Features: Window Treatments
Year Built: 1962
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Misc Ext: Deck, Patio
Pool Private: No
Style: Cottage
Garage / Parking
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Interior Features: Ceiling - Smooth, Eat-in Kitchen, Living/Dining Combo
Fireplace: No
Laundry Features: Laundry Room
Lot Info
Lot Size: 0.48
Lot Desc: 0 - .5 Acre, High
Lot Size Units: Acres
Acres: 0.48
Lot Sqft: 20908.8
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: A
Stories: 1
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Room Info
Beds: 3
Room Master Bedroom Level: Lower
Sale / Lease Info
Sold Date: 2022-12-22T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Special Features
Sqft Info
Sqft: 1000
Unit Info
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Electric, Heat Pump
Water Sewer: Septic Tank
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Water Front Features: Beach Access, Beach Front
Waterfront: Yes
Directions
James Island/folly Road Becomes Center Street On Folly Beach. At The Traffic Light Turn Left Onto E. Ashley. Approx 2 Miles On The Right (ocean Side) Is 1689 E Ashley Avenue, Folly Beach, Sc. 29439Courtesy of listing office Dunes Commercial Properties
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 04-18-2024 10:54 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 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.