218 Ashley Avenue, Folly Beach, SC 29439
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218 Ashley Avenue, Folly Beach, SC 29439

$1,299,000

STATUS: For Sale MLS #: 24008331 Days on Market: 27
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Welcome to 218 West Ashley, where a rare opportunity awaits to own a turn-key duplex home on one of Folly's most coveted lots. Situated just one block from the beach and a mere two blocks from the vibrant hub of Center Street's restaurants, shops, and bars, this property offers the epitome of coastal living convenience.An enviable location, this home is a stone's throw away from Folly's beloved third-block beach access, complete with public amenities such as bathrooms and showers. Nestled on a private street-to-street lot spanning nearly a quarter of an acre, and preferably positioned on the west side of Folly Beach, this residence offers unparalleled charm and potential.Parking is a breeze with ample off-street parking for up to 6 cars, a rare find on Folly Beach.With rental projections supporting $3000 a month for each side, this property offers lucrative investment potential. Inside, each unit is tastefully furnished to accommodate guests, ensuring comfort and convenience with 2 bedrooms and 2 full bathrooms on each side. It has everything needed for a serene beach retreat, including updated kitchens and bathrooms, elegant hardwood floors, and abundant natural light. The exterior of this home offers an outdoor oasis. Below the elevated duplex, discover a charming common area ideal for picnicking or seeking refuge from the sun. Each unit features its own covered porch, offering views of the expansive yard, glimpses of the ocean, and refreshing sea breezes throughout the day. Endless Possibilities Await: ~Utilize one side as your personal beach haven while renting out the other side on a monthly or long-term basis. ~Live in one side as a primary residence and keep the other side on a short term rental program. ~Redesign the current structure to create a spacious single-family beach retreat, with plenty of room for customization, including the addition of a pool. Opportunities like this are a rarity. Don't miss your chance to own this coastal oasis by the sea. Schedule your viewing today and seize the opportunity to experience the quintessential Folly Beach lifestyle firsthand.

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Listing Provided by Daniel Ravenel Sotheby's International Realty
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Address: 218 Ashley 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: 24008331
List Price: $1,299,000
Bedrooms: 4
Full Baths: 4
Half Baths: N/A
Total Square Feet: 15622
Elementary School: James Island
Middle School: Camp Road
Subdivision: Folly Beach
Home Style:
Year Built: 1996
Days On Market: 27
Lot Size: 0.2400 acres
Outdoor & Yard Description:
Wood
Beach Access
Boat Ramp
Dock Facilities
Dog Park
Walk/Jog Trails
Ceiling - Blown
Ceiling - Smooth
City Of Folly Beach
Dominion Energy
0 - .5 Acre
Ranch
Ceiling Fan(s)

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