Sold

108 E Cooper Avenue # D Unit: A, B, C, D

Folly Beach SC, 29439

$5,100,000


$796.88 per sqft

Sold

16 Beds

6,400 sqft

Residential

Built in 2018

This multi-family, custom-designed development was completed in 2018 and is located 1/2 block off Center Street. This asset is strategically located in the commercial district of Folly Beach and zoned 'general business'. It includes four four-bedroom properties, each offering a private pool and over 1,600 ft^ of luxury living space. This multi-family investment has been uniquely designed to maximize vacation rental income by utilizing a hybrid rental approach, e.g., singles, duplex, triplex, or quadplex, and is on track to exceed record income generated in 2021 with over $636,000 in projected booking revenue for 2022. Call listing agent for additional financial information. NOTE: Sale includes 105 E Erie Tax ID - 3281400477

22018066

MLS ID

July 6, 2022

Listed

February 22, 2024

Updated

Map

108 E Cooper Avenue # D Unit: A, B, C, D
Folly Beach SC, 29439

Interior Features

Total Stories

2


Bedrooms

16 Beds


Interior Features

Ceiling Fan(s)


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.12 Acres


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

James Island Charter


Elementary School

James Island

Other Property Details

Area Name

22 - Folly Beach to Battery Island


Garage

No


View

No


County

Charleston


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

7/21/2023

Sold

$5,100,000

Courtesy of Luxury Simplified Real Estate, INC with Reid Walker,
Listing Contact:  

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