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Sold for $650,000 Rented

201 West Arctic Avenue
Folly Beach, SC 29439

3 beds, 3 baths | Attached
1,305 sq ft - MLS# 1405542
Property Photo

Sold

Sold for $650,000 on Apr 8, 2014

This property was sold by Jay Tracey, courtesy of Dunes Properties. For similar results contact Jay at (843) 270-1300

Description

Beautiful oceanfront property on Folly Beach, SC. Just 15 minutes from historic, romantic Charleston, SC. Charleston Oceanfront Villas looks out on the Atlantic Ocean and is within walking distance of the pier, shopping, dining and entertainment. The building was completely renovated in 2008 at a cost of $4.5 million. New stucco and deck surfaces on the ocean side, as well as new paint and deck surfaces on the street side. Upgraded swimming pool area for both pools. The seawall now meets FEMA 100 year surge requirements. This is saving home owners over $4,000 a year in insurance costs. The regime fee and insurance costs are probably the lowest on the east coast. And the property tax is low compared with the rest of the eastern sea board. We have high reserves designed to help pay for a anticipated future capital expenses. The City of Folly Beach and the Corp of Engineers signed a 50 year beach re-nourishment program in 1993. Beach re-nourishment is currently under way. Great relaxing ocean views from inside the condo living area and the master bedroom, outside on the deck, from the pools and, of course, the beach. This marvelous gated community has two elevators for your use. In addition to the regime, there is an annual insurance assessment fee of $1,468.

Features

  • School District: Davis Unified
  • Year Built: 1998

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EarthWay
Real Estate

Folly Beach, SC 29439
843-588-3948
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