Welcome to 801 E Arctic - GREAT OPPORTUNITY! 1) Great location: not too close to Center Street which can get really crowded and not too far east where erosion is a big concern/ problem. The dune vegetation shows that this home is located at a stable part of the beach. 2) Very impressive vacation rental income history: With over $100,000 in gross rental income, this home far exceeds the rental income of similarly priced oceanfront homes. With years of proven rental income, this is a guaranteed winner. As soon as you walk in, the magnificent view of the ocean greets you. A 2-story ceiling in the family room is in the center of the home flanked by the open kitchen and dining area. The large master bedroom on the first floor has an ensuite bath and a screened porch.....The other 2 bedrooms are on the 2nd floor and both have there own private oceanfront deck. One of the upstairs bedrooms has an ensuite bath. The upstairs loft adds more space and overlooks the family room. The home has an elevator. Parking is underneath the home. The multiple decks and screened porches allow for many spots to enjoy the ocean breezes. Some of baths have been updated. This home has a good buffer with dunes and vegetation in front of the beach
*****NEW***** VIEWS, VIEWS, VIEWS, I DARE YOU TO FIND A PROPERTY LISTED FOR LESS WITH BETTER VIEWS ON FOLLY! This proven winner with a good history of rental income is sitting on a GORGEOUS OCEAN FRONT LOT! Although this home is priced well, it is being sold FURNISHED and with rentals in PLACE. It's established presence in our vacation rental program creates the perfect opportunity for an investor to inherit income and future income with the property already having a client base from repeat renters. Its location, the 8th block, would also be the perfect spot to have your PRIMARY BEACH FRONT RESIDENCE. You are far enough away from the HUB of Folly, Center Street, that you can enjoy the Sandy Beaches that are right out your front door! In the winter time, it will feel like your own private Beach! Last but not least, the Folly Beach Tennis/Basketball Courts are just a few blocks away. Making this property unique for Folly, its equipped with a large front yard, plenty of off-street & covered parking. Being a (3) bedroom, (3.5) bath with 2066 square feet, its large enough to entertain all of your friends and family or accommodate any renter which maximizes your rental income! Some of the amazing features this property has to offer include but are not limited to: elevator, (5) sun decks & (1) porch, an open modern floor plan, 6 inch exterior walls, gas fireplace and more... As stated in the opening, you will be hard pressed to find a property listed for less with better views than this one. The (5)(yes 5) decks really set this home off. All porches and decks were recently redone so you should be able to enjoy them maintenance free a long while to come. This property is already receiving inquiries so you may want to hurry.... This property has received 50K or more income since 1995! LAST BUT NOT LEAST, ITS BEING SOLD FULLY FURNISHED!****AGENTS MUST READ NOTES****(Measurements of parking space indicate enough room for 16-20 cars, this is important because Folly parking can be difficult and it also allows maximum room for plenty of guest or renters which will generate greater income)
Charleston Trident MLS #1120194
Aug 20, 2011
Listing Removed
—
Aug 16, 2011
Listed
$1,100,000
$532/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,155 (+6.2%)
$920,000 + $575,000
$1,495,000
2022
$18,036 (+2.0%)
$800,000 + $500,000
$1,300,000
2021
$17,674 (+1.3%)
2020
$17,445 (+31.4%)
$800,000 + $500,000
$1,300,000
2018
$13,275 (+3.7%)
2017
$12,797 (+3.6%)
2016
$12,355 (+8.8%)
2013
$11,354
Tax history for 801 E Arctic Ave
Year
Property tax
Land + Additions
Assessment*
2025
$19,155 (+6.2%)
$920,000 + $575,000
$1,495,000
2022
$18,036 (+2.0%)
$800,000 + $500,000
$1,300,000
2021
$17,674 (+1.3%)
2020
$17,445 (+31.4%)
$800,000 + $500,000
$1,300,000
2018
$13,275 (+3.7%)
2017
$12,797 (+3.6%)
2016
$12,355 (+8.8%)
2013
$11,354
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.