Sold

Closed

106 E Erie Avenue # C Unit: A, B, C

Folly Beach SC, 29439

$3,375,000


$596.61 per sqft

Sold

Closed

11 Beds

5,657 sqft

Residential

Built in 2019

This Luxury Simplified custom designed commercial multi-family development was completed in 2019 and is A1/2 a block from Center Street. The 'Retreats on Hudson' commercial development includes three single family homes with each property having a private swimming pool. There are two, three-bedroom properties with over 1,500 ft^ living space, and one-five bedroom property with ~2,400 ft^ living space. This development was designed to provide the owners with the ability to maximize vacation rental income by utilizing a hybrid marketing approach. This development is rented as singles, a six-bedroom option, and a 10-11 bedroom compound and continues to satisfy the consumer demand for unique luxury multi-family vacation rental options in Charleston.Each single property has a private pool, but when rented as a multi-family the exterior garden space opens to the other, providing the ability to entertain easily between each unit. This luxury commercial development gross income currently exceeds $430K annually, and is on track to exceed this income in 2022. Call listing agent for additional financial information.

21032914

MLS ID

December 22, 2021

Listed

November 21, 2024

Updated

Map

106 E Erie Avenue # C Unit: A, B, C
Folly Beach SC, 29439

Interior Features

Total Stories

2


Bedrooms

11


Interior Features

Ceiling Fan(s)


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.24 Acres

School Information

High School

James Island Charter


Elementary School

James Island

Other Property Details

Area Name

22 - Folly Beach to Battery Island


Garage

No


View

No


County

Charleston


Pool

No

Listing History

Date

Event

Price

12/15/2023

Sold

$3,375,000

Courtesy of Luxury Simplified Real Estate, INC with Reid Walker,

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Michelle Almeyda Wiedemuth shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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