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113 E Arctic Avenue, #B, Folly Beach, SC, 29439 | $4,900,000
Have you been dreaming of owning the ultimate in lavish, luxurious, and elegant Folly Beach oceanfront living? Are you the discerning buyer looking for a deluxe 4 bedroom, 4. 5 bath condo with ocean and pier views from every floor? This fully approved short term rental condo will delight your senses, and soothe your soul. To ease your mind, this 4 unit building was made of premium construction light weight concrete and steel, and built to withstand 140 MPH hurricane winds. No expense was spared to make this exclusive condo comfortable and stately. Premium limestone flooring, awesome top of the line appliances, rich granite, marble and stone finishes throughout, private en suite baths for each bedroom, plus rooftop access for spectacular views and unmatched entertaining!Wait until you see the twin bed swings in the living area right by the sliding glass doors for the ultimate in beachfront relaxation! There's private garage parking underneath with room for 4 cars and all of you beach gear, and a private elevator to all floors for easy access. The condo is just a few steps to the newly renovated Folly Beach pier, a quick walk to downtown Folly Beach dining, shops, and offers splendid sunrise and sunset views from the rooftop. Property is on short term rental program, so showings will only be allowed during rental turns. Showings will only occur after vetting buyer ability to purchase. Seller may consider selling fractional ownership. Inquire through listing agent. Mark this opulent condo as a favorite, and contact your agent today to arrange a showing!
Features
- Parking: 4 Car Garage, Attached, Garage Door Opener
- Heating: Electric
- Cooling: Central Air
- Amenities: Elevators, Trash
- Bedrooms: 4
- Baths: 4 full / 1 half
- Laundry: Electric Dryer Hookup, Washer Hookup, Laundry Room
- Complex: None
- Development: 22 - Folly Beach to Battery Island
- Year Built: 2009
- Approx Sq. Feet: 3,159
- Lot Desc: 0 - .5 Acre, High, Level
- Water Front: Yes
- Elem. School: James Island
- Middle School: Camp Road
- High School: James Island Charter
- MLS#: 22013630
- Days on Market: 1077 days
- Website: https://www.raveis.com
/prop/22013630/113earcticavenue_follybeach_sc?source=qrflyer
Listing courtesy of Charleston Expert Home Sellers, LLC
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
113 E Arctic Avenue, #B, Folly Beach, SC, 29439
$4,900,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,920,000 | $3,920,000 | $3,920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $24,136 | $25,100 | $33,879 |
| Total Monthly Payment | $24,261 | $25,225 | $34,004 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484