1689 E Ashley Avenue, Folly Beach, SC 29439

$2,395,000
3
BD
2
BA
1,000
SqFt
List Price
$2,395,000
Status
Active
MLS#
22009440
Price Change
▼ $100,000 1653447011
Year Built
1962
Style
Cottage
Living Area
1,000
Bedrooms
3
Bathrooms
2
Full-baths
2
Subdivision
Folly Beach
Master Bedroom
Downstairs
Acres
0.48

Property Description

Estimated Annual Rental Income = $540,800.00. (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.

Additional Information

Levels
1 Story
Lot Description
Beach Access, Beachfront, High, 0 - .5 Acre
Interior Features
Window Treatments - All, Ceiling - Smooth
Construction
Vinyl Siding
Floors
Luxury Vinyl Plank
Roof
Asphalt Shingle
Cooling
Central Air
Heating
Electric, Heat Pump
Exterior Features
Deck, Patio
Foundation
Crawl Space
Parking
Off-Street Parking
Elementary School
James Island
Middle School
Camp Road
High School
James Island Charter

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Dunes Commercial Properties.