1689 E Ashley Avenue, Folly Beach, SC 29439

$2,250,000
3
BD
2
BA
List Price
$2,250,000
Status
Active Contingent
MLS#
22009440
Year Built
1962
Style
Cottage
Bedrooms
3
Bathrooms
2
Full-baths
2
Subdivision
Folly Beach
Acres
0.48

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

Additional Information

Levels
One
Lot Description
0 - .5 Acre, High
Interior Features
Ceiling - Smooth, Eat-in Kitchen, Living/Dining Combo
Construction
Vinyl Siding
Roof
Asphalt
Heating
Electric, Heat Pump
Foundation
Crawl Space
Parking
Off Street
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 Listing Agent: Richard Parker () from Listing Office: Dunes Commercial Properties.