$2,000,000
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
Primary Structure List Price/SqFt: 2250
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
Legal Description: LT 2174
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
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
Ground Level: No
Stories: 1
Potential Short Sale: No
Bedrooms: 3
Baths - Full: 2
Baths - Total: 2
Primary Structure Apx SqFt: 1000
Year Built: 1962
Acreage: 0.48
Status Change Info
Sold Price/SqFt: 2000
New Mortgage Type: Cash
Sold Date: 2022-12-22
SqFt Source
Tax Records: 1
Roof
Asphalt Shingle: 1
Lot Description
0 - .5 Acre: 1
Beach Access: 1
Beachfront: 1
High: 1
SF Detached Style
Cottage: 1
Exterior
Vinyl Siding: 1
Foundation
Crawl Space: 1
Garage/Parking
Off-Street Parking: 1
Misc Exterior
Deck: 1
Patio: 1
Stories/Levels
1 Story: 1
Equipment/Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Cooling
Central Air: 1
Heat
Electric: 1
Heat Pump: 1
Rooms
Eat-In-Kitchen: 1
Laundry: 1
Living/Dining Combo: 1
Assumable
No: 1
Proposed Financing
Cash: 1
Misc Interior
Ceiling - Smooth: 1
Window Treatments - All: 1
New Owned
Pre-Owned: 1
Floors
Luxury Vinyl Plank: 1
Possession
At Closing: 1
Showing Instructions
Contact Listing Agent: 1
Water/Sewer
Public Water: 1
Septic: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
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
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
Heat: Electric; Heat Pump
Possession: At Closing
Showing Instructions: Contact Listing Agent
Utility Suppliers: Charleston Water Service; Dominion Energy
Proposed Financing: Cash
Assumable: No

IDX
Listing Office: Dunes Commercial Properties

Last Updated: December - 28 - 2023

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