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
- Price:
- $2,250,000
- Bedrooms:
- 3
- Full Baths:
- 2
- Square Footage:
- 1,000
- Acreage:
- 0.48
- Year Built:
- 1962
- Listing ID #:
- 22009440
- Street Address:
- 1689 E Ashley Ave
- City:
- Folly Beach
- State:
- South Carolina
- Postal Code:
- 29439
- County:
- Charleston
- Community:
- Folly Beach To Battery Island
- Subdivision:
- Folly Beach
- Listing Status:
- Active Under Contract
- Listing Type:
- Single Family Detached
PRESCHOOL-5
600 students
15 student/teacher
6-8
800 students
15 student/teacher
- Architecture Style:
- Cottage
- Construction Type:
- Vinyl Siding
- Foundation:
- Crawl Space
- Interior Features:
- Ceiling - Smooth, Eat-In Kitchen, Living/Dining Combo
- Stories:
- 1
- Stories:
- One
- Total Building Square Footage:
- 1000
- Type Of Roof:
- Asphalt
- Windows:
- Window Treatments
- Year Built:
- 1962
- Lot Features:
- 0 - .5 Acre, High
- Lot Size:
- 0.48
- Lot Size Units:
- Acres
- Lot Square Footage:
- 20908.8
- Terms:
- Cash
- Subdivision:
- Folly Beach
- Master Bedroom Location:
- Lower
- Parking Description:
- Off Street
- Patio Description:
- Deck, Patio
- Existing Water:
- Public
- Has Central Air Conditioning:
- Yes
- Heating:
- Electric, Heat Pump
- Laundry:
- Laundry Room
- Sewage Type:
- Septic Tank
- Utilities:
- Charleston Water Service, Dominion Energy
- Waterfront:
- Yes
- Waterfront Description:
- Beach Access, Beach Front
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Richard Parker with Dunes Commercial Properties
-
Copyright 2017 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
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