Folly Beach, often referred to as "The Edge of America," is a charming barrier island located just south of Charleston, South
Carolina. It's a popular destination known for its laid-back atmosphere, stunning beaches, and vibrant local culture. Whether you're looking for a relaxing getaway or an outdoor adventure, Folly Beach offers something for everyone. The beachfront lifestyle is why most people love Folly Beach so if you want an oceanfront home or beachfront condos, or new construction Folly Beach SC has it all. Folly Beach has experienced steady growth in its real estate market over the past few years. Property prices have been increasing, driven by the island's desirability as a vacation destination and a place to live year-round. Rental properties, including vacation homes and long-term rentals, are in high demand, making real estate investment on Folly Beach an attractive option for potential buyers.
MLS Listings Data: Folly Beach
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| Total Listings: |
93 |
| Average Price: |
$1,159,244 |
| Highest Listing Price: |
$4,900,000 |
| Average Days On Market: |
111 |
Homes & real estate For Sale Folly Beach SC. MLS real estate listings for sale in the town/city of Folly Beach SC by price, street, age, types: condos, waterfront homes, lakefront, beachfront, golf communities, subdivisions, townhomes, luxury condos, 55+ neighborhoods, list date, bedrooms & more Folly Beach SC. Presently, Folly Beach SC has a total of ninety-three listings on the local MLS for sale with an average price point of $1,159,244, the max being
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MORE ABOUT FOLLY BEACH SC LIVING
Potential Rental Income: Investing in rental properties on Folly Beach can yield significant returns, particularly during 
the peak tourist season. Vacation rentals, in particular, can generate substantial rental income due to the island's popularity among tourists seeking beachfront accommodations. Long-term rentals also present a viable income stream, especially for those looking to capitalize on the island's growing population of permanent residents and seasonal workers. Sadly, the city of Folly Beach has implemented a moratorium on the number of short-term rentals they allow at one time and has only issued 800 permits. As such this has cooled off the Folly Beach real estate market considerably. Investors who wanted a second home, they could also rent out have now begun to look elsewhere.
Property Price Trends: Property prices on Folly Beach have been steadily increasing, driven by high demand and limited inventory. The island's desirable location, coupled with its limited space for new development, has led to an appreciation in property values over time. While this trend bodes well for property owners in terms of potential resale value, it may present challenges for buyers looking to enter the market, particularly those on a budget.
Pros of Owning a Home and Living on Folly Beach:
- Beachfront Living: Residents of Folly Beach enjoy unparalleled access to pristine beaches, perfect for swimming, surfing, and sunbathing.
- Laid-back Lifestyle: Folly Beach exudes a relaxed vibe, making it an ideal place to escape the hustle and bustle of city life.
- Outdoor Recreation: The island offers a wide range of outdoor activities, including kayaking, paddleboarding, fishing, and birdwatching.
- Close-knit Community: Folly Beach has a tight-knit community, with residents fostering a strong sense of camaraderie and neighborliness.
- Proximity to Charleston: Folly Beach is just a short drive away from Charleston, allowing residents easy access to the city's rich history, cultural attractions, and dining scene.
Cons of Owning a Home and Living on Folly Beach:
- Risk of Hurricanes: Like many coastal areas, Folly Beach is susceptible to hurricanes and tropical storms, which can pose risks to property and safety.
- Tourist Crowds: During the peak tourist season, Folly Beach can become crowded, leading to congestion and limited parking.
- High Property Taxes: Property taxes on Folly Beach can be relatively high, particularly for waterfront properties, which may impact overall affordability for homeowners.
- Limited Amenities: While Folly Beach offers essential amenities such as grocery stores and restaurants, residents may need to travel to nearby Charleston for access to a broader range of services and shopping options.
Proximity to Other Interesting Places to Visit: Folly Beach's proximity to Charleston makes it an ideal base for exploring the rich history, culture, and attractions of this historic city. From historic landmarks such as Fort Sumter and the Battery to world-class dining and shopping on King Street, Charleston offers endless opportunities for exploration and entertainment. Additionally, Folly Beach serves as a gateway to the beautiful Lowcountry region of South Carolina, with its scenic marshlands, plantations, and charming coastal towns waiting to be discovered.
In conclusion, Folly Beach offers a unique blend of coastal living, outdoor recreation, and community spirit, making it an attractive destination for homeowners and visitors alike. With its steady property market growth, potential rental income opportunities, and proximity to Charleston and other attractions, Folly Beach continues to captivate those seeking a laid-back lifestyle amidst the beauty of the South Carolina coast.