811 E Arctic Avenue, Folly Beach

$2,650,000

7 Beds
5 Baths
3,596 Sqft
.36 Acres
0 Garages

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.

Essential Information
MLS® #21004993
Price$2,650,000
Bedrooms7
Bathrooms5.00
Full Baths5
Square Footage3,596
Acres0.36
Year Built1975
Property TypeResidential
Sub-TypeSingle Family Detached
StatusClosed
SubdivsionFolly Beach
Community Information
Address811 E Arctic Avenue
SubdivisionFolly Beach
CityFolly Beach
CountyCharleston
StateSC
Zip Code29439
Area

22 - Folly Beach to Battery Island

Amenities
GaragesOff-st Prkng
Interior
Interior FeaturesCeiling - Smooth
HeatingElectric
CoolingWindow Unit
Stories2 Story
Mother-In-Law SuiteNo
Exterior
Exterior FeaturesDeck, Gutters, Stoop, Balcony
Lot DescriptionHigh, 0 - .5 Acre, Beach Front
RoofAsphalt Shingle
ConstructionPre-Owned
FoundationSlab
School Information
ElementaryJames Island Elementary
MiddleCamp Road
HighJames Island Charter
Additional Information
Days on Website52
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