Viewing Listing MLS# 21002554

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Folly Beach - Folly Beach, SC Real Estate | Folly Beach - Residential Property

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120 W Arctic Avenue Folly Beach, SC 29439

$1,295,000 | 4 beds | 3 full baths | N/A half baths | 1,782 sqft

$1,195,000

120 W Arctic Avenue
Folly Beach, SC 29439

4Beds
3Full Baths
N/AHalf Baths
1,782SqFt
1950Year Built
0.24Acres

MLS# 21002554
Residential
Single Family Detached
Sold

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Approx Time on Market2 months, 6 days
AreaFolly Beach
CountyCharleston
SubdivisionFolly Beach

Overview

What a RARE find on Folly Beach. 120 W Arctic Ave is a FULL STREET TO STREET property zoned ISLAND COMMERCIAL. The potential uses for this unique and well kept property are numerous. Currently it is a top & bottom duplex with the upstairs being a 3BR/2BA property with great open spaces and finishes. The full front sunroom/porch offers excellent views of the ocean and is literally just steps from beach access and less than 1 block from Center St and all of the wonderful shopping and dining options that Folly Beach has to offer. Downstairs is currently a super cute 1BR/1Bath rental with its own covered patio and small screened in porch off of the kitchen.This property with minor alterations could accommodate either a 2nd stand alone structure to be built allowing for either another residential/rental space or a vibrant commercial space. The property is zoned Island Commercial. Island Commercial allows Tourism AccommodationUses (hotel/motel/inn) and also one residential unit over a non residential use (Folly CodeTable 164.01). The owner has also demonstrated that an Inn can be placed on this parcel under the 200'rule. This parcel is one of the last remaining lots on Folly Beach to allow such a structure to be built. And the options go on and on....live in one level now and rent the other level out while you wait to make your next moves. Currently there is also a large free standing garage on the lot that would offer great short or long term storage as well. This is that unique opportunity that just does not come up very often.....investors take note!

Sale Info

Listing Date: 01-31-2021

Sold Date: 04-07-2021

Aprox Days on Market:
2 month(s), 6 day(s)

Listing Sold:
3 Year(s), 21 day(s) ago

Original Asking Price: $1,375,000

Asking Price: $1,295,000

Selling Price: $1,195,000

Price Difference From Original:
Reduced By $180,000

Price Difference From Asking:
Reduced By $100,000

Agriculture / Farm

Grazing Permits Forest Service: Yes

Grazing Permits Private: Yes

Grazing Permits Blm: Yes

Horse: No

Farm Credit Service Incl: Yes

Association Fees / Info

Bathroom Info

Fullbaths: 3

Building Info

Levels: Two

Year Built: 1950

Floors: Vinyl

Business Info

Rent Control: No

Buyer Compensation

Exterior Features

Misc Ext: Deck

Pool Private: No

Style: Traditional

Garage / Parking

Garage: No

Attached Garage: No

Green / Env Info

Interior Features

Interior Features: Living/Dining Combo, In-Law Floorplan, Sun

Fireplace: No

Lot Info

Lot Size: 0.24

Lot Desc: High, Level

Lot Size Units: Acres

Acres: 0.24

Lot Sqft: 10454.4

Irrigation Water Rights: Yes

Offer Compensation

Other

Mobile Home Remains: Yes

Property Info

Property Type: A

Stories: 2

Exterior: Aluminum Siding, Block/Masonry, Cement Plank

New Construction: No

Roof: Asphalt

Property Subtype: Workshop

Building Area Units: Square Feet

Special: Flood Insurance

View: No

Home Warranty: Yes

Habitable Residence: Yes

Room Info

Beds: 4

Sale / Lease Info

Sold Date: 2021-04-07T00:00:00

Lease Renewal Option: Yes

Lease Considered: Yes

Lease Assignable: Yes

Special Features

Sqft Info

Sqft: 1782

Unit Info

Utilities / Hvac

Water Source: Public

Heating: Yes

Heat: Electric

Water Sewer: Public Sewer

Cooling: Yes

Waterfront / Water

Waterfront: No

Schools

Elem: James Island

Middle: Camp Road

High: James Island Charter

Directions

Center St To The End. Right Onto W Arctic. Property Is Last On The Right Before Loggerheads.

Courtesy of listing office Vacasa SC LLC

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Price & Status History (on heatherlord.com since Sun, Jan 31st 2021)

Original Price: $1,375,000
Current Price: $1,295,000
Price Reduced: $80,000

Date Changed	From	To
02/10/2021	$1,375,000	$1,295,000 Reduced by $80,000

Residential, Land, Other Disclaimer:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than The Boulevard Company, LLC are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-28-2024 1:27 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-28-2024 1:27 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.

This real estate website and IDX data is hosted by Dynamic IDX, LLC (843.637.2411)

For Showings or Detailed Information regarding any of these properties please call Heather Lord at 843 810-9414 or email: heather@heatherlord.com

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