• $1,450,000

    ($7,394.72/mo.)
    • 3
    • 3
    • 1305
  • Condo
  • MLS® #: 22023583
  • Days on Website: 79
  • 114 - 201 W Arctic Avenue

  • Folly Beach, SC 29439
  • Charleston Oceanfront Villas

  • MLS® 22023583 is located at 114 - 201 W Arctic Avenue in Folly Beach, SC. This condo offers 3 bedrooms, 3 baths, and is 1305 square feet.

Is this the one you've been waiting for? Excellent opportunity to acquire a Charleston Oceanfront Villas condo with impressive vacation rental income. Located near the center of the building on the first floor, it has amazing views from the kitchen, dining, primary bedroom, and living room. Both the primary bedroom and the living room have sliding doors that leads to the exterior covered balcony. Tile flooring throughout. The community has 2 lavish oceanside pools. This property is currently on a vacation rental program and is being sold fully furnished. The rental income (about $110,000.00 gross rental bookings so far in 2022) is exceptional and projected to be even better in 2023. The community has covered and open parking as well as 2 elevators.Check out the massive, reinforced seawall running the full length of the building. The flood zone for this community is "A"! Very low flood insurance!!! Best oceanfront community: Building is concrete & steel construction, massive seawall with 100 concrete pilings between the building and the beach, 2 large pools, gated & fenced, and short distance to Folly Beach Center Street. A moratorium for short term rental (STR) licenses is in place on Folly Beach but buyers are able to get STR licenses for homes that have an existing STR license (like this condo). Ask your agent about the petition restricting STR licenses and learn why buying this home may be your best chance to buy a Folly Beach home that you can legally rent short term.

Essential Information

  • MLS® #22023583
  • Price$1,450,000
  • Bedrooms3
  • Full Baths3
  • Square Footage1,305
  • Acres0.00
  • Year Built1998
  • TypeCondo

Style

Condo Regime, Condominium, Flat

Community Information

  • Address114 - 201 W Arctic Avenue
  • SubdivisionCharleston Oceanfront Villas
  • CityFolly Beach
  • CountyCharleston
  • StateSC
  • Zip Code29439

Area

22 - Folly Beach to Battery Island

Amenities

  • ParkingOff-st Prkng
  • GaragesOff-st Prkng
  • PoolNeighborhood Pool

Neighborhood Amenities

Cable Avail, Elevators, Gated Comm, Neighborhood Pool

Interior

  • InteriorCeramic Tile
  • HeatingElectric, Heat Pump
  • CoolingCentral
  • Stories1 Story

Interior Features

Window Treatments - All, Ceiling - Blown, Walk-In Closets

Exterior

  • ExteriorStucco
  • Lot DescriptionBeach Front, Ocean View
  • ConstructionPre-Owned
  • FoundationElev Construction

Exterior Features

Metal F/encl, Balcony, Sea Wall

School Information

  • ElementaryJames Island Elementary
  • MiddleCamp Road
  • HighJames Island Charter

Additional Information

  • Days on Website79
  • Office:
  • Office Contact: 843-779-8660

Aerial View/Directions

Birdseye View

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