201 W Arctic Avenue Unit: 114

Folly Beach, SC, 29439

$1,500,000

$1,149 per ft²
$1,500,000
$1,149 per ft²
Active
Active
 - For Sale
beds
3 Beds
baths
3 Baths
carpenters-square
1,305 ft²
property_type
Residential
calendar
Built 1998
Is this the one you've been waiting for? Excellent opportunity to acquire a Charleston Oceanfront Villas condo with impressive vacation rental income. Located near the center of the building on the first floor, it has amazing views from the kitchen, dining, primary bedroom, and living room. Both the primary bedroom and the living room have sliding doors that leads to the exterior covered balcony. Tile flooring throughout. The community has 2 lavish oceanside pools. This property is currently on a vacation rental program and is being sold fully furnished. The rental income (about $110,000.00 gross rental bookings so far in 2022) is exceptional and projected to be even better in 2023. The community has covered and open parking as well as 2 elevators.Check out the massive, reinforced seawall running the full length of the building. The flood zone for this community is "A"! Very low flood insurance!!! Best oceanfront community: Building is concrete & steel construction, massive seawall with 100 concrete pilings between the building and the beach, 2 large pools, gated & fenced, and short distance to Folly Beach Center Street.
MLS® ID:
22023583
Listed:
9/7/22
Updated:
10/5/22
McConnell Real Estate Partners
Charleston Estates Team

Interior Features

Total Bedrooms
3
Full Bathrooms
3
Interior Features
Ceiling - Blown, Walk-In Closet(s), Ceiling Fan(s), Living/Dining Combo
Floor Description
Ceramic Tile
Heating
Electric, Heat Pump

Exterior/Building Features

Exterior Features
Balcony
Architectural Style
Condo Regime, Condominium, Flat
Sewer
Public Sewer

School Information

High School
James Island Charter
Middle/Jr High
Camp Road
Elementary School
James Island

Other Property Details

Area Name
22 - Folly Beach to Battery Island
HOA Amenities
Elevators
Garage
No
Parking
Off Street
View
N
County
Charleston
Utilities
Dominion Energy
Water Source
Public
Pool
No
Total Stories
1

Property History

Date
Event
Price
Value
9/25/22
Price Change
$1,500,000
100%

 

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Data last updated 6:10 PM UTC, 10/5/22

McConnell Real Estate Partners
Charleston Estates Team
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