NOT LISTED FOR SALE

508 E Cooper Ave Folly Beach, SC 29439

8 Beds
4 Baths
3,870 Sq Ft
10,454 Sq Ft Lot

Last Sold January 06, 2021

Last sale price $1,375,000 $355 Per Sq Ft

68 Days on Market

Highlights

  • Furnished
  • Tennis Courts
  • Park
  • James Island Elementary School Rated A-
  • Cooling Available
  • 3-minute walk to Pirates Cove Playground

About This Home

As of January 2021

508 E Cooper Avenue is a fully renovated, turnkey investment property located in the heart of Folly Beach, USA. Possessing 4 short term rental licenses, this beachy quadruplex with amazing income producing potential. Property improvements include new roofs, duct work, HVAC units, interior and exterior paint, flooring, decking, stainless steel appliances, butcherblock countertops and renovated bathrooms. New furniture throughout to convey with purchase. The quarter- acre property has two structures, each with two, 900+ SF units. Each unit holds 2- beds and 1- bath. Each of the four units has two off- street parking places. The property is located in an X- Shaded Flood Zone per updated FEMA Maps to be implemented 1/29/21. No mandatory flood insurance required.

Last Agent to Sell the Property

Andrew Patterson

Conyers Advisory, LLC License #81380 Listed on: 08/19/2020

Last Buyer's Agent

John Cowan

Carolina One Real Estate License #38356

Carolina One Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Raised Foundation
  • Architectural Shingle Roof
  • Masonry

Interior Spaces

  • 8 Bedrooms
  • 3,870 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • James Island Elementary And Middle School
  • James Island Charter High School

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Community Details

Recreation

  • Tennis Courts
  • Park

Building Details

  • Net Operating Income $120,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1955
  • Lot Size Acres: 0.24
  • Inclusions: All Furniture
  • Subdivision Name: None
  • New Construction: No
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 8
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Construction Type: Block/Masonry
  • Foundation Details: Raised Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s)

Schools

  • Elementary School: James Island
  • High School: James Island Charter
  • Middle Or Junior School: James Island

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500154

Multi Family

  • Property Net Operating Income: 120000

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $1,375,000 -18.6% $355 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $1,690,000 -- $437 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Patterson

    Seller's Agent in 2021

    Andrew Patterson

    Conyers Advisory, LLC

    (843) 214-4059

    1 in this area

    23 Total Sales

    Andrew Patterson
    Section Image
  • John Cowan

    Buyer's Agent in 2021

    John Cowan

    Carolina One Real Estate

    (843) 577-9676

    1 in this area

    51 Total Sales

    John Cowan
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 20022984

CHS Regional MLS
South Carolina Charleston County Folly Beach 29439

508 E Cooper Ave, Folly Beach, SC

This home is located at 508 E Cooper Ave, Folly Beach, SC 29439 since 19 August 2020. This property was built in 1955. 508 E Cooper Ave is a home located in Charleston County with nearby schools including James Island Elementary School and Camp Road Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. 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. © 2025 Charleston Trident MLS. All Rights Reserved

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