1689 Ashley Avenue, Folly Beach, SC 29439 (MLS# 22009440)

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$2,250,000
1689 Ashley Avenue
Folly Beach, SC 29439
MLS# 22009440
Status: Closed
3 beds  |  2 baths  |  1000 sqft


Rendering view from street
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Rendering view from street Rendering view from Ocean Rendering View from Pool deck Rendering View from Upper deck Lot View from overhead Coastline view (1689 in center) Front porch view (Folly River)

Property Description
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

Details
Maps
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2022-04-15
Status: Closed
List Price: $2,250,000
Current Price: $2,000,000
Location, Tax & Legal
Tax Map #: 4391600042
Street #: 1689
Street Name: Ashley
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 33 - City of Folly Beach
Subdivision: Folly Beach
Elementary School: James Island
Middle School: Camp Road
High School: James Island Charter
Legal Description: LT 2174
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. 29439
General Property Info
Bedrooms: 3
Baths - Full: 2
Baths - Total: 2
Ground Level: No
Stories: 1
Primary Structure Apx SqFt: 1000
Year Built: 1962
Acreage: 0.48
Potential Short Sale: No
Office/Member Info
Buyers Agency Compensation: 3
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2022-12-22
Sold Price/SqFt: 2000
New Mortgage Type: Cash
Property Features
SqFt Source: Tax Records
SF Detached Style: Cottage
Lot Description: 0 - .5 Acre; Beach Access; Beachfront; High
Misc Exterior: Deck; Patio
Roof: Asphalt Shingle
Exterior: Vinyl Siding
Foundation: Crawl Space
Garage/Parking: Off-Street Parking
Stories/Levels: 1 Story
Misc Interior: Ceiling - Smooth; Window Treatments - All
New Owned: Pre-Owned
Rooms: Eat-In-Kitchen; Laundry; Living/Dining Combo
Cooling: Central Air
Floors: Luxury Vinyl Plank
Equipment/Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Water/Sewer: Public Water; Septic
Heat: Electric; Heat Pump
Possession: At Closing
Showing Instructions: Contact Listing Agent
Utility Suppliers: Charleston Water Service; Dominion Energy
Proposed Financing: Cash
Assumable: No

Listing Office: Dunes Commercial Properties

Last Updated: December - 28 - 2023

1689 Ashley Avenue, Folly Beach, SC 29439 - MLS# 22009440
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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