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    811 E Arctic Avenue

    Folly Beach, SC 29439
    • $2,500,000
    • STATUS: Closed
    • ON SITE: 46 days
    • ID#: 21004993
    Sold - 04/02/2021
    $2,500,000
    SOLD - 04/02/2021
    • 7
      BEDS
    • 0.36
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,596
      SQFT
    • $695
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1975
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Incredible opportunity to buy TWO oceanfront lots! Both lots are 52'x150' and are a real deal for $1,375,000.00 each. Even better, there is an existing structure that has 4 apartments with long term renters (month to month). The structure is dated and has needs TLC. The list price reflects the value of the lots but imagine the potential rental income of a 4-plex on the ocean. The 50% rule would be in effect for any improvements (no money has been spent towards the 50%). No problem building on these lots because the zoning rule of a 40' setback from the baseline still leaves plenty of room to build. Don't forget to take a look at the massive seawall near the dunes.

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    Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cassina Group, LLC. Data last updated: 2021-04-14T07:31:40.17.
    www.thecassinagroup.com/homes/114545789
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    811 E Arctic Avenue Folly Beach, SC 29439

    • Price: $2,650,000
    • Status: Closed
    • Updated: 23 min ago
    • ID#: 21004993
    7
    Beds
    5
    Baths
    0
    ½ Baths
    0.36
    Acres
    3,596
    SQFT
    $695
    $/SQFT
    1975
    Built
    Neighborhood:
    Folly Beach
    County:
    Charleston
    Area:
    Folly Beach and Outer James Island
    Elementary School:
    James Island
    Middle School:
    Camp Road
    High School:
    James Island Charter
    Property Description
    Incredible opportunity to buy TWO oceanfront lots! Both lots are 52'x150' and are a real deal for $1,375,000.00 each. Even better, there is an existing structure that has 4 apartments with long term renters (month to month). The structure is dated and has needs TLC. The list price reflects the value of the lots but imagine the potential rental income of a 4-plex on the ocean. The 50% rule would be in effect for any improvements (no money has been spent towards the 50%). No problem building on these lots because the zoning rule of a 40' setback from the baseline still leaves plenty of room to build. Don't forget to take a look at the massive seawall near the dunes.
    Exterior Features

    Foundation Slab Garage Parking Off-Street Parking Ground Level Yes Lot Description BeachfrontHigh0 - .5 Acre Lot Size 104X149 Misc Exterior DeckGuttersStoopBalcony Roof Asphalt Shingle Single Family Detached Style Traditional Stories 2 Stories

    Interior Features

    Cooling Window Unit Heat Electric Misc Interior Ceiling - Smooth Rooms Living/Dining Combo

    Property Features

    Lease Purchase No New Owned Pre-Owned Water Sewer Public WaterSeptic

    Listing courtesy of Vacasa Sc Llc.


    Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cassina Group, LLC. Data last updated: 2021-04-14T07:31:40.17.
     
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    The Cassina Group, LLC
    309 Coleman Boulevard
    Mount Pleasant SC, 29464