1689 E Ashley Ave Folly Beach, SC 29439

Fantastic value for a wonderful oceanfront property. This property is one of the few oceanfronts that has plenty of room for a large new home with an oceanside pool. With the newer 40' setback from the baseline rule, most other oceanfront lots don't have enough buildable area for a house with an oceanside pool. Situated at the quieter east end of the island, it is the perfect spot to recharge. As you enter the home, an open living space greets you. Solid wood paneling painted white gives this home a bright and clean feel. This 3 bedrooms and 2 baths home is on a vacation rental program and is being sold turnkey. A large roof top deck and a deck at the beach walkover are great hangouts for sunbathing and taking in the ocean views. Flood insurance is less than $1,000.00/year.This beach cottage already has about $75,000 in rental bookings for 2021. This listing is for 2 tax map numbers but the 2 lots are considered one lot under a new City of Folly Beach ordinance. As one big lot, the total high ground of this property allows for a larger than normal home (over 3800 sqft vs. 3600sqft). Even better, this property is on relatively high ground and thus is in the desirable "A" flood zone.