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
Closed
$5,100,000
108 E Cooper Ave #A-B, Folly Beach, SC 29439
16beds
12baths
6,400sqft
Multi Family, Quadruplex
Built in 2018
-- sqft lot
$4,917,900 Zestimate®
$797/sqft
$2,367 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 15, 2023 at 05:17pm
Listed by:
Luxury Simplified Real Estate, INC
Bought with:
Hayden Jennings Properties
Source: CTMLS,MLS#: 22018066

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 12
Heating
- Electric
Cooling
- Central Air
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 6,400
- Total interior livable area: 6,400 sqft
Property
Features
- Stories: 2
Lot
- Size: 5,227 sqft
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Charleston Water Service, Dominion Energy
Community & neighborhood
Location
- Region: Folly Beach
- Subdivision: Folly Beach
Services availability
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Estimated market value
$4,917,900