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    116 E Indian Avenue

    Folly Beach, SC 29439
    • $3,375,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: 21002797
    UPDATED: 220 min ago
    $3,375,000
    • 12
      BEDS
    • 0.35
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    • 4,684
      SQFT
    • $721
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1969
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Folly Beach Investor Alert - 5 UNIT RIVERFRONT property with 2 deep water slips. The Riverside Inn is a very rare opportunity on Folly Beach to own an operating Bed & Breakfast Featuring 5 units. (3 Structures, 1 SFD and 2 Duplexes' over 4500 sq ft! ) This beachside boutique property located 1 block off Center St is a rental machine full of Folly charm and being sold mostly furnished- talk about a ''turn-key'' business opportunity. The views from this property will rival the best Folly has to offer! Coming by boat? Great! Pull up to the docks that are being placed there as we speak! Currently set up for short-term rental use, the potential for this property has Endless opportunities or make this a one of a kind personal residence.Would make a great small event space as well. Drop your car off and golf cart or walk to the beach. The deep water dock will provide access to some of the most beautiful and protected waterways and fishing Charleston has to offer. Kayak or Paddleboard to harvest oysters or keep your boat there full time to provide a quick trip to Morris Island. Property overview: 12 newly renovated rooms that span between 3 buildings, just the experience any visitor is looking for, with each room providing it's own theme and charm. Each structure equipped with its own laundry area + Shared Outdoor Shower . Only a few blocks to the beach and restaurants of Center Street and steps to the Folly River boat landing, you truly can't beat this location. Walk Everywhere!! 4,684 sq ft 5 meters 12 rooms total BLUE HOUSE - 1617 sq ft - 5 bedroom 5 bath- each bedroom has PRIVATE access to the home and a porch - Complete with a large open kitchen and dining "Lobby" check-in area. - New HVAC TURTLES NEST - Duplex - 1,382 sq ft - Overlooks the Folly River - Unit (1) "Turtles Nest" - 2 beds 2 Bath Full kitchen - 828 sq ft - Unit (2) "Surf Shack" - 1 bed 1 bath Full Kitchen - 554 sq ft SEAFOAM DREAMS - Duplex - 1,542 sq ft - Overlooks the Folly River - Unit (1) "Drunken Sailor" 2 beds 2 bath Full Kitchen - 836 sq ft - Unit (2) "Kings Tide" 2 beds 2 bath Full Kitchen - 706 sq ft Floor Plans in attachments. P&L statement available upon request. Sale to include completion of a Deep Water Dock including 2 slips deeded to this property. (Currently permitted and construction plans in the works.) The Riverside Inn is THE perfect place for your next Folly Beach Investment. Flood Ins - approx $7,221/ year

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    Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group Coastal. Data last updated: 2021-04-19T23:32:27.743.
    www.rogcharleston.com/homes/113859024
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    116 E Indian Avenue Folly Beach, SC 29439

    • Price: $3,375,000
    • Status: Active
    • Updated: 220 min ago
    • ID#: 21002797
    12
    Beds
    12
    Baths
    0
    ½ Baths
    0.35
    Acres
    4,684
    SQFT
    $721
    $/SQFT
    1969
    Built
    Neighborhood:
    Folly Beach
    County:
    Charleston
    Area:
    Folly Beach and Outer James Island
    Elementary School:
    James Island
    Middle School:
    Camp Road
    High School:
    James Island Charter
    Property Description
    Folly Beach Investor Alert - 5 UNIT RIVERFRONT property with 2 deep water slips. The Riverside Inn is a very rare opportunity on Folly Beach to own an operating Bed & Breakfast Featuring 5 units. (3 Structures, 1 SFD and 2 Duplexes' over 4500 sq ft! ) This beachside boutique property located 1 block off Center St is a rental machine full of Folly charm and being sold mostly furnished- talk about a ''turn-key'' business opportunity. The views from this property will rival the best Folly has to offer! Coming by boat? Great! Pull up to the docks that are being placed there as we speak! Currently set up for short-term rental use, the potential for this property has Endless opportunities or make this a one of a kind personal residence.Would make a great small event space as well. Drop your car off and golf cart or walk to the beach. The deep water dock will provide access to some of the most beautiful and protected waterways and fishing Charleston has to offer. Kayak or Paddleboard to harvest oysters or keep your boat there full time to provide a quick trip to Morris Island. Property overview: 12 newly renovated rooms that span between 3 buildings, just the experience any visitor is looking for, with each room providing it's own theme and charm. Each structure equipped with its own laundry area + Shared Outdoor Shower . Only a few blocks to the beach and restaurants of Center Street and steps to the Folly River boat landing, you truly can't beat this location. Walk Everywhere!! 4,684 sq ft 5 meters 12 rooms total BLUE HOUSE - 1617 sq ft - 5 bedroom 5 bath- each bedroom has PRIVATE access to the home and a porch - Complete with a large open kitchen and dining "Lobby" check-in area. - New HVAC TURTLES NEST - Duplex - 1,382 sq ft - Overlooks the Folly River - Unit (1) "Turtles Nest" - 2 beds 2 Bath Full kitchen - 828 sq ft - Unit (2) "Surf Shack" - 1 bed 1 bath Full Kitchen - 554 sq ft SEAFOAM DREAMS - Duplex - 1,542 sq ft - Overlooks the Folly River - Unit (1) "Drunken Sailor" 2 beds 2 bath Full Kitchen - 836 sq ft - Unit (2) "Kings Tide" 2 beds 2 bath Full Kitchen - 706 sq ft Floor Plans in attachments. P&L statement available upon request. Sale to include completion of a Deep Water Dock including 2 slips deeded to this property. (Currently permitted and construction plans in the works.) The Riverside Inn is THE perfect place for your next Folly Beach Investment. Flood Ins - approx $7,221/ year
    Exterior Features

    Exterior See RemarksWood Siding Foundation Crawl SpaceSlab Garage Parking Off-Street Parking Lot Description MarshviewRiver AccessRiverfrontRiverviewTidal CreekWaterfront - Deep Misc Exterior Patio - CoveredDeckDock - PermitOther (Use Remarks)PatioDock - SharedPorch - Front PorchBalcony Roof ArchitecturalSee Remarks Single Family Detached Style Contemporary Stories Split-Level

    Interior Features

    Cooling CentralWindow Unit Fireplace Other (Use Remarks) Floors Ceramic TileLaminateWall To Wall CarpetWood Green Features Tankless Water Heater Misc Interior Other (Use Remarks)

    Property Features

    New Owned Pre-Owned Special Flood Insurance Water Sewer Public WaterSeptic

    Listing courtesy of Carolina One Real Estate.


    Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group Coastal. Data last updated: 2021-04-19T23:32:27.743.
     
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    654 Coleman Blvd, Suite 100
    Mt. Pleasant SC, 29464