1217 E Ashley Avenue, Folly Beach, SC, 29439 | $1,650,000

Best beachfront lot!! Oversized with room for a pool!! &extra decks. Large beachfront lot means you can build a larger home . 36 acre then on the typical folly lot. Watch the dolphins and surfers! This is a great surf spot or just relax! Access to lot both on Arctic or Ashley to the new owner! Lots of beach at high tide! Recent sales have been in the 4m for new homes! Build your dream home Ask about builders ready to go Lots of great restaurants and music on Folly; Take your golf cart to center street for dinner or a walk on the fishing pier Tennis courts, pickleball courts, dog parks, river park, county parks, fishing pier--folly has it all even a Christmas parade & new years Flipflop drop! Check under documents for plat & more information Buyer and agents to verify all information

Features

  • Amenities: Boat Ramp
  • Zoning: Residential
  • Development: 22 - Folly Beach to Battery Island
  • Lot Desc: Wooded
  • Water Front: Yes
  • Elem. School: James Island
  • Middle School: Camp Road
  • High School: James Island Charter
  • MLS#: 26000053
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/26000053/1217eashleyavenue_follybeach_sc?source=qrflyer
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Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Listing courtesy of Mary Ann Meyers Charleston Realty Inc.

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

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • 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.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

1217 E Ashley Avenue, Folly Beach, SC, 29439

$1,650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,320,000 $1,320,000 $1,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.229% 6.007% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,495 $7,808 $10,961
Total Monthly Payment $7,620 $7,933 $11,086

* 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.