• 5
  • 5.5
  • 2,213sqft

Oceanfront Home on Folly Beach817 W Ashley Ave., Folly Beach, SC 29439

Property Description

In early 2024, new legislation on Folly Beach, SC, prohibited short-term rental permits from transferring with property sales. This change created a saturated market, extending the time homes spent on the market and making it harder for sellers to achieve top dollar. Among these sellers was a seasoned real estate professional who recognized the unique challenges posed by this shift.

Instead of opting for a traditional sale, the seller turned to Voyage to create urgency in the marketplace. Our proven auction process was the perfect fit to stand out in a crowded market, attract competitive buyers, and drive the sale to a swift and successful conclusion.

The auction attracted bidders from 8 different states, ensuring a competitive environment for this oceanfront property. In just 60 days, the home sold and closed at $2,491,000, surpassing the $2.3 million sale price of a nearly identical neighboring home that had been listed traditionally.By leveraging Voyage’s streamlined process, the seller achieved a premium sale price in less time than the traditional real estate market could offer.

 

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Auction Dates

  • Time Remaining 332 Days 16: 7
  • Bidding Opens 22/06/2024 12:00 am
  • Bidding Ends 22/06/2024 2:00 pm

Auction Details

Property Info

  • Bedrooms 5
  • Baths 5.5
  • Square Feet 2,213 Sq.Ft
  • City Folly Beach
  • State SC

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Luxury Real Estate Sold & Closed in 60 Days or Less

At Voyage, we specialize in helping luxury property owners and brokers sell and close properties in 60 days or less. Our cutting-edge marketing strategies and extensive buyer reach ensure a competitive environment that maximizes value. With a seller-first approach, you set the timeline and terms.