113 Arctic Avenue, Folly Beach, SC 29439
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113 Arctic Avenue, Folly Beach, SC 29439

$4,900,000

STATUS: For Sale MLS #: 22013630 Days on Market: 674
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Have you been dreaming of owning the ultimate in lavish, luxurious, and elegant Folly Beach oceanfront living? Are you the discerning buyer looking for a deluxe 4 bedroom, 4.5 bath condo with ocean and pier views from every floor? This fully approved short term rental condo will delight your senses, and soothe your soul. To ease your mind, this 4 unit building was made of premium construction light weight concrete and steel, and built to withstand 140 MPH hurricane winds. No expense was spared to make this exclusive condo comfortable and stately. Premium limestone flooring, awesome top of the line appliances, rich granite, marble and stone finishes throughout, private en suite baths for each bedroom, plus rooftop access for spectacular views and unmatched entertaining!Wait until you see the twin bed swings in the living area right by the sliding glass doors for the ultimate in beachfront relaxation! There's private garage parking underneath with room for 4 cars and all of you beach gear, and a private elevator to all floors for easy access. The condo is just a few steps to the newly renovated Folly Beach pier, a quick walk to downtown Folly Beach dining, shops, and offers splendid sunrise and sunset views from the rooftop. Property is on short term rental program, so showings will only be allowed during rental turns. Showings will only occur after vetting buyer ability to purchase. Seller may consider selling fractional ownership. Inquire through listing agent. Mark this opulent condo as a favorite, and contact your agent today to arrange a showing!

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Address: 113 Arctic Avenue
State: SC
Zip: 29439
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 22013630
List Price: $4,900,000
Bedrooms: 4
Full Baths: 4
Half Baths: 1.00
Total Square Feet: 31592
Elementary School: James Island
Middle School: Camp Road
Subdivision:
Home Style:
Year Built: 2009
Days On Market: 674
Lot Size: acres
Outdoor & Yard Description:
High Ceilings
Ceiling Fan(s)
Tray Ceiling(s)
Window Treatments
Laundry Room
Garden Tub/Shower
Kitchen Island
Family
0 - .5 Acre
Ceramic Tile
Ceiling - Smooth
Walk-In Closet(s)
Dominion Energy
Trash
Level
Great
Pantry
Charleston Water Service
High
Storm Window(s)
Stone
Elevator
Beach Access
Waterfront - Deep
Elevator Shaft
Elevators
Marble
Beach Front
Ceiling Fan(s)
Garden Tub/Shower
Walk-In Closet(s)

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