Sold

Closed

108 E Cooper Avenue # D Unit: A, B, C, D

Folly Beach SC, 29439

$5,100,000


$796.88 per sqft

Sold

Closed

16 Beds

6,400 sqft

Residential

Built in 2018

This multi-family, custom-designed development was completed in 2018 and is located 1/2 block off Center Street. This asset is strategically located in the commercial district of Folly Beach and zoned 'general business'. It includes four four-bedroom properties, each offering a private pool and over 1,600 ft^ of luxury living space. This multi-family investment has been uniquely designed to maximize vacation rental income by utilizing a hybrid rental approach, e.g., singles, duplex, triplex, or quadplex, and is on track to exceed record income generated in 2021 with over $636,000 in projected booking revenue for 2022. Call listing agent for additional financial information. NOTE: Sale includes 105 E Erie Tax ID - 3281400477

22018066

MLS ID

July 6, 2022

Listed

November 21, 2024

Updated

Map

108 E Cooper Avenue # D Unit: A, B, C, D
Folly Beach SC, 29439

Interior Features

Total Stories

2


Bedrooms

16


Interior Features

Ceiling Fan(s)


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.12 Acres


Roof

Asphalt


Sewer

Public Sewer

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


Water Source

Public


Pool

No

Listing History

Date

Event

Price

7/21/2023

Sold

$5,100,000

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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