*READ SUPPLEMENTAL COMMENTS FOR HOA INFO* THE ONLY ACTIVE LISTING IN THIS FOLLY BEACH WATERFRONT END UNIT CONDO** Say hello to 2393-1D Folly Road, a (3) bedroom, (3) FULL bath, 1392 sq ft condo in Marshwinds and YES, IT'S LOCATED ON FOLLY BEACH & OUR ASKING PRICE OF $139,900 IS NOT A TYPO! Starting with it's ease of access to Center Street, the HUB of Folly, you are within walking distance of the many Shops, Restaurants, Pier and the ONE OF A KIND FOLLY FESTIVALS...OH, I almost forgot to add the ATLANTIC OCEAN! Some of the amenities that Marsh Winds has to offer are: Pool, Grill Area, Elevator, Covered Parking and more... The best part is the PANORAMIC TIDAL CREEK VIEWS from the Screen Porch and then let's not forget about the pretty awesome views from the front porch.let's now head inside! Upon entering, you're greeted by GLEAMING HARDWOOD FLOORS throughout and a very desirable 1 story floor-plan. To your immediate left and right are BOTH of the Guest Bedrooms that have a decent size and THEIR OWN FULL BATH! Making your way towards the water, you will step into the OPEN LIVING/KITCHEN COMBO that's BOASTS GORGEOUS VIEWS OF THE LOWCOUNTRY MARSHES AND WILDLIFE! The Kitchen is equipped with Solid Surface Counters with Bar, Appliances that DO CONVEY and ample cabinetry. It's the perfect Kitchen for a Beach Condo as you can not only gaze upon the BREATHTAKING VIEWS but also with the OPEN floor-plan, you can interact with guests. What may be the best design feature is the placement of the Master Bedroom. Being located at the rear of the unit provides a nice separation between the Guest and Master bedrooms that you will surely appreciate. There's also a walk-in closet, Ceiling Fan, Wall to Wall Carpet and HUGE MASTER BATH that boasts a Garden tub with separate stand-up shower! What really SETS THIS ROOM OFF ARE THE EPIC VIEWS FROM THE COMFORT OF YOUR BED! So you get all of that and more for an AWESOME PRICE but what may be even more ATTRACTIVE is the fact that you could be looking at $20,000+ in rental income from a vacation or possibly long term rental program. I don't know about you but that could be one heck of an ROI! The bottom line is that this may be one of the LAST OPPORTUNITIES TO OWN A PROPERTY ON THE BEACH FOR LESS THAN $140,000! I just hope you are not the one to miss out on it. ***AGENTS MUST READ NOTES *** Buyer to confirm accuracy of all information provided. ** DUE TO THE OVERWHELMING CALLS WE ARE GETTING I AM POSTING EVERYTHING WE KNOW ABOUT THE HOA FEE HERE. THIS IS NOT SET IN STONE AND ITS BUYER/BUYER AGENT RESPONSIBILITY TO CALL THE HOA TO CONFIRM ACCURACY! THEIR CONTACT INFO CAN BE FOUND IN THE NOTES SECTION *** Litigation is settled. They received $850,000. There will be NO more monies to be awarded. Building 1 is completed. Building 2 is in need of repairs. Estimated cost for Bldg. 2 is $1.1mil. They will put out requests for updated bids. Plan is to complete within 12 mos. Work will begin end of this year or early 2016, to be completed within 12 months. No work to be done while it is "High Season" for vacation rentals. Approved HOA fee for 2015 is a total of $1250/mo. which includes $500 for building repair fund. In April board will meet (after updated building repair estimates are received, Bank Representative and Attorney to be present at meeting) to approve the proposed: Each owner of buildings #1 and #2 to be assessed $35,000 for repairs to building #2 Should an owner pay the assessment in full their HOA fee will then drop to $750/mo. If an owner does not pay the assessment it will remain at $1250.00/mo. The duration for this additional $500/mo. fee will be determined in April when HOA board meets with Bank Representative and Attorney in April, and approves proposal.

Listing courtesy of CTAR / Joshua Brandner / Fred Holland Realty

Last checked: Checking… • Last updated Nov 22, 2024 • Source: CTAR

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