1016 E Arctic Avenue

Folly Beach, SC
$ 1,295,000 Beds 9 Baths 4 Sq 4,188
Monthly Estimate* How much can I afford?

Welcome to "Mermaid Crossing!" What an incredible investment property we have in 1016 E Arctic...this property includes the main house on the E. Arctic side and a separate Duplex on the E. Ashley side. The entire property (including landscaping) was completely re-done. The main home has ocean views, open floor plan, sun-room and large dining/living area...the house has 5 bedrooms and 2 baths. The duplexes have 2 bedrooms each and 1 bath per unit. The income potential on this property is amazing! The beach access is right across the street...after your beach time is over, rinse off in the custom outdoor showers on each property. This property is great inside and out and the location cannot be beat. Grab yourself a piece of Folly...this turn-key business won't last long!

Contingent

  • Price
  • $ 1,295,000
  • Lot Size
  • 10,454 SqFt
  • Bedrooms
  • 9
  • Sqr Footage
  • 4,188
  • Full Bathrooms
  • 4
  • Year Built
  • 1950
  • Half Bathrooms
  • 0
  • City, Zip
  • Folly Beach
  • County
  • CHARLESTON
  • Style
  • Traditional
  • Area
  • Folly Beach
  • MLS#
  • 19015466
  • Zip
  • 29439
Listing Provided by: Applegate Real Estate

Features

General

Cooling Central
Elementary School James Island
Garage Features Off-Street Parking
Heating Heat Pump
High School James Island Charter
Lease Purchase No
Listing Area 22 - Folly Beach to Battery Island
Middle School James Island
New Owned Pre-Owned
SF Detached Style Traditional
Subdivision None

Interior Features

Floors Ceramic Tile, Wood
Total Bedrooms 9

Exterior Features

Acreage 0.24
Lot Description Ocean View
Misc. Exterior Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the MOUNT PLEASANT, SC office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School James Island Elementary School
Middle School James Island Middle School
High School James Island Charter High School

Price History

5/25/2019 Listed $1,350,000
8/7/2020 3% - $1,320,000
11/16/2020 2% - $1,295,000

Property vs Zip Code Average in 29439

Price
AVG $1.08M
$1.3M
Visits
AVG 157
12
Year Built
AVG 1985
1950

Map

1016 E Arctic Avenue Folly Beach, SC is a Single Family Home for sale at $1295000 with 4188 sqft and a lot size of 10,454 SqFt Acre(s). 1016 E Arctic Avenue Folly Beach has 9 bedrooms, 4 baths and was built in 1950. The property's zip code is 29439 which is in Folly Beach, SC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.