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1689 Ashley Avenue, Folly Beach, SC 29439
$2,000,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,000
Lot Size (sq. ft.):
20,909
Status:
Closed
Current Price:
$2,250,000
List Date:
4/15/2022
Last Modified:
12/28/2023
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
More Information MLS# 22009440
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
Listing Office:
Dunes Commercial Properties
Last Updated: December - 28 - 2023
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