811 Arctic Avenue

  • 7
  • 5
  • 3596
  • 1152 DOM

$2,650,000Folly Beach, SC

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Price History

$2,750,000 -> $2,750,000 on 03/04/2021

811 Arctic Avenue

Incredible opportunity to buy TWO oceanfront lots! Both lots are 52'x150' and are a real deal for $1,375,000.00 each. Even better, there is an existing structure that has 4 apartments with long term renters (month to month). The structure is dated and has needs TLC. The list price reflects the value of the lots but imagine the potential rental income of a 4-plex on the ocean. The 50% rule would be in effect for any improvements (no money has been spent towards the 50%). No problem building on these lots because the zoning rule of a 40' setback from the baseline still leaves plenty of room to build. Don't forget to take a look at the massive seawall near the dunes.

Essential Information

  • MLS® #21004993
  • Price$2,650,000
  • Bedrooms7
  • Bathrooms5
  • Full Baths5
  • Square Footage3,596
  • Acres0.36
  • Year Built1975
  • TypeResidential
  • Statusdeleted

Community Information

Amenities

Interior

Exterior

School Information

  • ElementaryJames Island
  • MiddleJames Island
  • HighJames Island Charter

Additional Information

  • Days on Website1152

Listing Details

  • OfficeVacasa SC LLC

LISTED BY Vacasa SC LLC, (843) 504-1930