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218 Ashley Avenue, Folly Beach, SC 29439

$1,299,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 1,562 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $1,299,000 List Date: 4/04/2024 Last Modified: 4/26/2024

Description

Welcome to 218 West Ashley, where a rare opportunity awaits to own a turn-key duplex home on one of Folly's most coveted lots. Situated just one block from the beach and a mere two blocks from the vibrant hub of Center Street's restaurants, shops, and bars, this property offers the epitome of coastal living convenience. An enviable location, this home is a stone's throw away from Folly's beloved third-block beach access, complete with public amenities such as bathrooms and showers. Nestled on a private street-to-street lot spanning nearly a quarter of an acre, and preferably positioned on the west side of Folly Beach, this residence offers unparalleled charm and potential. Parking is a breeze with ample off-street parking for up to 6 cars, a rare find on Folly Beach.

Supplements: With rental projections supporting $3000 a month for each side, this property offers lucrative investment potential. Inside, each unit is tastefully furnished to accommodate guests, ensuring comfort and convenience with 2 bedrooms and 2 full bathrooms on each side. It has everything needed for a serene beach retreat, including updated kitchens and bathrooms, elegant hardwood floors, and abundant natural light. The exterior of this home offers an outdoor oasis. Below the elevated duplex, discover a charming common area ideal for picnicking or seeking refuge from the sun. Each unit features its own covered porch, offering views of the expansive yard, glimpses of the ocean, and refreshing sea breezes throughout the day. Endless Possibilities Await: ~Utilize one side as your personal beach haven while renting out the other side on a monthly or long-term basis. ~Live in one side as a primary residence and keep the other side on a short term rental program. ~Redesign the current structure to create a spacious single-family beach retreat, with plenty of room for customization, including the addition of a pool. Opportunities like this are a rarity. Don't miss your chance to own this coastal oasis by the sea. Schedule your viewing today and seize the opportunity to experience the quintessential Folly Beach lifestyle firsthand.

More Information MLS# 24008331

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2024-04-04 Status: Active List Price: $1,299,000 Current Price: $1,299,000

Location, Tax & Legal

Tax Map #: 3281400184 Street #: 218 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 Legal Description: Lot 209 Directions: Take Folly Road to W Cooper turn right on W Cooper. Home is a few blocks down on left.

General Property Info

Bedrooms: 4 Primary Bedroom – Main Level: Yes Baths - Full: 4 Baths - Total: 4 Ground Level: No Stories: 1 Primary Structure Apx SqFt: 1562 Lot Size: .24 Year Built: 1996 Acreage: 0.24 Number of Units: 2 Other Structures Y/N: No Potential Short Sale: No C/R: No HOA Fee: No

Tax/Fees

Special Assessment: No Regime Fee: No

Office/Member Info

Buyers Agency Compensation: 2.5 Buyers Agency Compensation Type: %

Property Features

SqFt Source: Tax Records SF Detached Style: Ranch Lot Description: 0 - .5 Acre; Beach Access; Ocean View Misc Exterior: Deck; Fence - Partial; Patio - Covered Roof: Architectural Exterior: Vinyl Siding Foundation: Elv. Construction Garage/Parking: Off-Street Parking Stories/Levels: 1 Story Misc Interior: Ceiling - Blown; Ceiling - Smooth New Owned: Pre-Owned Primary Bedroom: Ceiling Fan; Downstairs Cooling: Central Air Floors: Wood Equipment/Appliances: Dryer; Washer Water/Sewer: Public Water; Septic Heat: Electric Possession: At Closing Utility Suppliers: City of Folly Beach; Dominion Energy Amenities: Boat Ramp; Dock Facilities; Dog Park; Walk/Jog Trails Proposed Financing: Any Assumable: No
Listing Office: Daniel Ravenel Sotheby's International Realty
Last Updated: April - 26 - 2024
218 Ashley Avenue, Folly Beach, SC 29439- MLS# 24008331
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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