201 W Arctic Avenue Unit #114, Folly Beach, SC 29439

$1,500,000
3
BD
3
BA
1,305
SqFt
List Price
$1,500,000
Status
Active
MLS#
22023583
Price Change
▲ $5,000 1664134527
Year Built
1998
Style
Condo Regime, Condominium, Flat
Living Area
1,305
Bedrooms
3
Bathrooms
3
Full-baths
3
Subdivision
Charleston Oceanfront Villas
Master Bedroom
Ceiling Fan, Walk-In Closets

Property Description

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.

Additional Information

Levels
1 Story
Lot Description
Beachfront, Ocean View
Interior Features
Window Treatments - All, Ceiling - Blown, Walk-In Closets
Amenities
Cable TV, Elevators, Gated, Pool
Construction
Stucco
Floors
Ceramic Tile
Cooling
Central Air
Heating
Electric, Heat Pump
Exterior Features
Fence - Metal Enclosed, Sea Wall, Balcony
Foundation
Elv. Construction
Parking
Off-Street Parking
Elementary School
James Island
Middle School
Camp Road
High School
James Island Charter

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ulf Hartwig (ulf@follybeachliving.com) from Listing Office: Carolina One Real Estate Folly Beach.