Folly Beach SC Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
2,994
Status:
Active
Beds:
6
Lot size:
0.24 Acres
Year built:
1980
Baths:
MLS#:
24022146

ADDITIONAL INFORMATION

If you're looking for a fabulous island residence with income earning potential on iconic Folly Beach, look no further than the lowest price per sq ft home on the island. This 3,000 square foot beach cottage was constructed in 1980 and has been updated with a brand-new architectural shingle roof and sleek grey laminate floors throughout. The two story, wood frame house is situated in a grove of mature palmetto and live oak trees, set far back on the street on a permeable gravel driveway. 504 W. Ashley is a quintessential beach cottage with sun swept interiors and loads of amenities for the best of island living. A front porch spans the whole facade, and a lattice enclosed, covered side porch houses a grilling area for the first floor. Above, the second story features sunroom and large deck and side porch. The first and second floor of the house function as separate units with full kitchens, allowing the new buyer to mid term rent, long term rent, or utilize as an owner occupied residence while offsetting carrying costs. Both stories have great natural light, soft grey walls, and traditional style trim work. Enter from the front porch into the first story's inviting foyer and spacious open floor plan living room. Across the hall is the cute eat-in kitchen with crisp white cabinetry, a breakfast bar, and shiplap walls. There are 3 large bedrooms with closets and built-in shelving. The principal bedroom has a private bath and walk in closet. Two other bedrooms are connected to create a family suite. The first floor has an additional shared bathroom and a utility closet/laundry room. The bathrooms been recently updated with cast stone topped vanities, marble tiled backsplashes, a subway tiled shower in one and a new built in shower stall in the other, and shiplap accent walls. The second floor has a sunroom with beadboard walls and ceiling that opens into large open plan with a full dining room and large seating area that are perfect for family beach getaways and entertaining. The full kitchen has white cabinetry, new countertops, and windows overlooking the side yard. This floor has 3 bedrooms and 3 bathrooms. The principal bedroom connects ensuite to a large bathroom with a walk-in shower and laundry facilities. Another has direct access to the upstairs screened porch. The sunny backyard has an outdoor shower, stone-paved sun lounging patio, and lovely local plantings, beyond which is a shaded lawn for playing cornhole. The massive second story screened in porch and side deck, which has a large seating area and an elevated hot tub section, offers views of the Atlantic Ocean and beach front. 504 W. Ashley is situated on a quiet residential street that was first laid out in 1920, just a block from the beach and breathtaking tidal marshes. This part of the island is rich in history, and the famous Porgy house, where Dubose Heyward and Ira Gershwin wrote the opera Porgy and Bess, is just a few houses down the street. 504 W. Ashley is a short walk to Folly Beach County Park, Sunset Cay Marina, and several public beach access points. It's also just a few blocks from the famous boardwalk and fishing pier and from bustling Center Street's restaurants and pubs. The Folly River Boat Ramp is also nearby, so 504 W. Ashley truly brings you close to every one of the island's best features and beach vibes.

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Andrea D. Conner, License 102111, Xome Inc., License 19633, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.



Folly Beach Real Estate

The median home value in Folly Beach, SC is $1,125,000. This is higher than the county median home value of $511,600. The national median home value is $338,100. The average price of homes sold in Folly Beach, SC is $1,125,000. Approximately 20.07% of Folly Beach homes are owned, compared to 8.02% rented, while 71.91% are vacant. Folly Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Folly Beach real estate agent to arrange a tour today!

Folly Beach, South Carolina has a population of 1,035. Folly Beach is less family-centric than the surrounding county with 12.77% of the households containing married families with children. The county average for households married with children is 28.39%.

The median household income in Folly Beach, South Carolina is $76,250. The median household income for the surrounding county is $70,807 compared to the national median of $69,021. The median age of people living in Folly Beach is 62 years.

Folly Beach Weather

The average high temperature in July is 89.8 degrees, with an average low temperature in January of 39.3 degrees. The average rainfall is approximately 48.2 inches per year, with 0.3 inches of snow per year.

Folly Beach Real Estate Market Conditions

  • Median sales price

    $1,125,000
    23.1% change since last quarter
  • # Active listings

    72
    30-day change

Folly Beach Schools and Demographics

Education near Folly Beach, SC

Metric City County
High School Graduates 96.03 92.89
College Degree - 2 year 1.83 8.43
College Degree - 4 year 46.9 46.74
Graduate Degree 4.88 11.74
Expenditures per Student 18,933 18,933
Students per Teacher 12.9 12.9

Elementary Schools near Folly Beach, SC

School Grades Students P/T Ratio ZIP
Angel Oak Elementary School PK - 05 410 12 29455
Ashley River Creative Arts KG - 05 587 14.3 29407
Carolina Voyager Charter KG - 08 69 12.8 29403
Charleston Development Academy PK - 08 207 14.6 29403
Charleston Progressive PK - 06 390 14.2 29403
Harbor View Elementary School PK - 05 630 17.1 29412
James Island Elementary School PK - 05 506 15.8 29412
James Simons Elementary School PK - 06 270 13.2 29403
Mitchell Elementary School PK - 06 358 10.5 29403
Mt. Zion Elementary PK - 05 262 14.6 29455
Murray Lasaine Elementary School PK - 05 232 10.6 29412
Orange Grove Elementary Charter PK - 05 809 13.6 29407
Sanders-Clyde Elementary School PK - 08 511 10.7 29403
Stiles Point Elementary School PK - 05 647 16.2 29412
Stono Park Elementary School PK - 05 308 11.4 29407

Middle Schools near Folly Beach, SC

School Grades Students P/T Ratio ZIP
Apple Charter School KG - 08 122 7.9 29412
Fort Johnson Middle School 06 - 08 507 15.8 29412
Haut Gap Middle School 05 - 08 505 13.3 29455
James Island Middle School 06 - 08 345 14.4 29412
St. Andrews Middle 06 - 08 375 10.2 29407
West Ashley Middle School 06 - 08 637 11.5 29407

High Schools near Folly Beach, SC

School Grades Students P/T Ratio ZIP
Burke High School 07 - 12 452 6.7 29403
James Island Charter High School 09 - 12 1,577 15.8 29412
St. Johns High 09 - 12 292 10.1 29455

Ungraded Schools near Folly Beach, SC

School Grades Students P/T Ratio ZIP
Charleston Charter School for Math and Science 06 - 12 532 14.2 29403

Demographics near Folly Beach, SC

Metric City County
Neighborhood Type Small town
Population 1,035 404,946
Population Density 83 441
Median Age 62 38.4
People per Household 1.7 2.4
Median Household Income 76,250 70,807
Average Income per Capita 55,766 46,066