Folly Beach, SC 29439
- 4Beds
- 3Full Baths
- N/AHalf Baths
- 1,782SqFt
- 1950Year Built
- 0.24Acres
- MLS# 21002554
- Residential
- Single Family Detached
- Sold
- Approx Time on Market2 months, 6 days
- AreaFolly Beach
- CountyCharleston
- Subdivision Folly 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), 7 month(s), 9 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: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
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: No
Offer Compensation
Other
Mobile Home Remains: No
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: No
Habitable Residence: No
Room Info
Beds: 4
Sale / Lease Info
Sold Date: 2021-04-07T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
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
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
MLS# 20027719 
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