Folly Beach, SC 29439
- 2Beds
- 2Full Baths
- N/AHalf Baths
- 1,360SqFt
- 1978Year Built
- 0.19Acres
- MLS# 18021560
- Residential
- Single Family Detached
- Sold
- Approx Time on Market1 year, 14 days
- AreaFolly Beach
- CountyCharleston
- SubdivisionFolly Beach
Overview
Excellent rental income! This year's bookings are $80,000 and counting. Possibly best rental income producer for the money. In addition, this lot is not affected by the new 40' setback from the renourishment line rule because it is more than 40' from the rear lot line. See survey. Fantastic oceanfront home has two bedrooms, each with its own private oceanfront balcony. Newer oceanside deck, High skylights brighten the kitchen and exposed wood beams in the living room add to the charm and cozy feel. The furniture is included. The lot in front of this home has been donated to a conservancy with a 10' access easement to the ocean. $88K gross rental income in 2017. $67,500 in 2018 (renourishment), almost 80,000 in bookings so far in 2019, projected total willbe over $90,000.
Sale Info
Listing Date: 08-01-2018
Sold Date: 08-16-2019
Aprox Days on Market: 
1 Year(s), 14 day(s)
Listing Sold: 
4 Year(s), 8 month(s), 10 day(s) ago
Original Asking Price: $995,000
Asking Price: $899,000
Selling Price: $800,000
Price Difference From Original:
Reduced By $195,000
Price Difference From Asking:
Reduced By $99,000
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: 1978
Floors: Laminate
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Misc Ext: Deck
Pool Private: No
Style: Contemporary
Garage / Parking
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Interior Features: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Ceiling Fan(s), Family, Living/Dining Combo
Fireplace: No
Laundry Features: Dryer Connection, Laundry Room
Lot Info
Lot Size: 0.19
Lot Desc: 0 - .5 Acre
Lot Size Units: Acres
Acres: 0.19
Lot Sqft: 8276.4
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: A
Stories: 1
Foundation: Raised
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Room Info
Beds: 2
Primary Bedroom Features: Ceiling Fan(s)
Sale / Lease Info
Sold Date: 2019-08-16T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Special Features
Sqft Info
Sqft: 1360
Unit Info
Utilities / Hvac
Water Source: Public
Utilities: SCE & G
Heating: Yes
Heat: Electric, Heat Pump
Water Sewer: Septic Tank
Cooling: Yes
Waterfront / Water
Water Front Features: Beach Front
Waterfront: Yes
Directions
Center Street Turn Left At The Light Onto E Ashley Ave. Home Is On The Left 17 Blocks DownCourtesy of listing office Avocet Properties