Viewing Listing MLS# 23026523

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- Folly Beach, SC Real Estate | Folly Beach - Multi Family Property

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$4,600,000 | 11 beds | N/A full baths | N/A half baths | 4,838 sqft

$3,975,000

W Street
Folly Beach, SC 29439

11Beds
N/AFull Baths
N/AHalf Baths
4,838SqFt
2014Year Built
0.48Acres

MLS# 23026523
Multi Family
Sold

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Approx Time on Market4 months, 19 days
AreaFolly Beach
CountyCharleston
SubdivisionNone

Overview

Here is your opportunity to own a majestic property with incredible views of the sunsets, marina, and all of the beauty that accompanies sitting on the banks of the Folly River. The Regatta Inn is being offered as a turnkey operation consisting of ten nautical-themed rooms, each with an ensuite and porch, and can accommodate up to 20 guests. Constructed in 2014, the three-story building features a small entry/reception area, an office, dining room with water views, open-air terrace, kitchenette, laundry facilities, event spaces, and all of the furniture, fixtures and equipment included. The sale includes two lots, the Inn and the adjacent event patio. Event packages are held for weddings, reunions, or small groups that wish to stay on-site. Details available upon request.

Sale Info

Listing Date: 11-21-2023

Sold Date: 04-10-2024

Aprox Days on Market:
4 month(s), 19 day(s)

Listing Sold:
18 day(s) ago

Original Asking Price: $4,600,000

Asking Price: $4,600,000

Selling Price: $3,975,000

Price Difference From Original:
Reduced By $625,000

Price Difference From Asking:
Reduced By $625,000

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

Building Info

Year Built: 2014

Business Info

Rent Control: No

Buyer Compensation

Exterior Features

Pool Private: No

Garage / Parking

Garage: No

Attached Garage: No

Interior Features

Fireplace: No

Lot Info

Lot Size: 0.48

Lot Size Units: Acres

Acres: 0.48

Lot Sqft: 20908.8

Irrigation Water Rights: Yes

Offer Compensation

Other

Mobile Home Remains: Yes

Property Info

Property Type: B

Stories: 3

Foundation: Pillar/Post/Pier

New Construction: No

Roof: Architectural

Property Subtype: None

Building Area Units: Square Feet

Special: Flood Insurance

View: No

Home Warranty: Yes

Habitable Residence: Yes

Structure Type: Single Family Detached

Room Info

Beds: 11

Sale / Lease Info

Sold Date: 2024-04-10T00:00:00

Lease Renewal Option: Yes

Lease Considered: Yes

Lease Assignable: Yes

Sqft Info

Unit Sqft: 4,838

Sqft: 4838

Unit Info

Number of Units Total: 1

Unit Bedrooms: 11

Utilities / Hvac

Water Source: Public

Utilities: City of Folly Beach, Dominion Energy

Heating: Yes

Heat: Heat Pump

Cooling: Central Air

Cooling: Yes

Waterfront / Water

Waterfront: No

Schools

Elem: James Island

Middle: Camp Road

High: James Island Charter

Directions

Take Folly Road To Folly Beach, Right Onto West Ashley Avenue. Right Onto West 9th Street

Courtesy of listing office Dunes Properties of Chas Inc

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Price & Status History (on heatherlord.com since Tue, Nov 21st 2023)

Original Price: $4,600,000
Current Price: $4,600,000
Price Reduced: $0

Date Changed	From	To
04/11/2024	Active Contingent	Sold
02/08/2024	Active	Active Contingent

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 1:53 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 1:53 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

Contact Heather Lord today for all your Charleston, SC Real Estate needs!

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