Folly Beach, SC 29439,120 W Arctic Ave
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Folly Beach, SC 29439,120 W Arctic Ave
Folly Beach, SC 29439,120 W Arctic Ave
Folly Beach, SC 29439,120 W Arctic Ave
Folly Beach, SC 29439,120 W Arctic Ave
Listed by Vacasa SC LLC
Bought with Keller Williams Realty Charleston West Ashley

$1,195,000

Est. payment /mo

$1,295,000

7.7%
Est.Price: ?

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120 W Arctic Ave Folly Beach, SC 29439

4 Beds

1,782 SqFt

SOLD DATE : 04/07/2021

Key Details

Sold Price $1,195,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,782 sqft

Price per Sqft $670

Subdivision Folly Beach

MLS Listing ID 21002555

Sold Date 04/07/21

Bedrooms 4

Year Built 1950

Lot Size 10,454 Sqft

Acres 0.24

Property Description

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 Accommodation
Uses (hotel/motel/inn) and also one residential unit over a non residential use (Folly Code
Table 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!

Location

State SC

County Charleston

Area 22 - Folly Beach To Battery Island

Interior

Interior Features Ceiling Fan(s)

Heating Electric, Natural Gas

Cooling Central Air, Window Unit(s)

Exterior

Community Features Storage

Roof Type Asphalt

Parking Type Other (Use Remarks)

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools James Island

Middle Schools Camp Road

High Schools James Island Charter

Others

Financing Cash, Conventional

Special Listing Condition Flood Insurance

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Jimmy Farrell

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+1(202) 365-4770

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