114 - 201 W Arctic Avenue, Folly Beach, SC

$1,500,000

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3

Beds

3

Baths

1,305

Square feet

About 114 - 201 W Arctic Avenue

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.

Features of 114 - 201 W Arctic Avenue

MLS® # 22023583
Price $1,500,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 1,305
Acres 0.00
Year Built 1998
Type Residential
Sub-Type Single Family Attached
Style Condo Regime, Condominium, Flat
Status Active

Community Information

Address 114 - 201 W Arctic Avenue
Area 22 - Folly Beach to Battery Island
Subdivision Charleston Oceanfront Villas
City Folly Beach
County Charleston
State SC
Zip Code 29439

Amenities

Amenities Cable Avail, Neighborhood Pool, Elevators, Gated Comm
Parking Off-st Prkng
Garages Off-st Prkng
Is Waterfront No
Has Pool No
Pool Neighborhood Pool

Interior

Interior Ceramic Tile
Interior Features Window Treatments - All, Walk-In Closets, Ceiling - Blown
Heating Electric, Heat Pump
Cooling Central
Fireplace No
Stories 1 Story

Exterior

Exterior Stucco
Exterior Features Metal F/encl, Sea Wall, Balcony
Lot Description Beach Front, Ocean View
Construction Pre-Owned
Foundation Elev Construction

School Information

Elementary James Island Elementary
Middle Camp Road
High James Island Charter

Additional Information

Days on Website 25
Short Sale No
RE / Bank Owned No

Listing Details

Listing Map

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