***NEW PRICING & PRACTICALLY AT LOT VALUE ALONE*** This is not a TYPO, its a VERY motivated seller! This has to be one of the BEST priced Oceanfront Homes on Folly and with a VERY HIGH ROI! Seriously, AGENTS AND BUYERS, this property should be the next OCEANFRONT HOME to sell on Folly! Located on the 7th Block of the East End of Folly, it provides an ideal location and a close proximity to the Folly Beach Tennis/Basketball Courts and Park. Within walking distance or just a short bike ride to Center Street, the HUB of Folly, it allows you to enjoy the shopping, restaurants, nightlife, fishing pier and other amenities that the Island has to offer while still maintaining some peace and quiet from the HUSTLE & BUSTLE of Downtown Folly. The Beach also offers a public boat landing, park, library, many community events including the Sea and Sand Festival and more..There truly is no other place in the world like Folly Beach and the lifestyle that comes with it! 711 E. Arctic Avenue is best described as a "vintage cottage" with 3/4' Cypress Wood inside and out! It is equipped with a screened-in-porch, LARGE sun and rooftop deck that may provide the best PANORAMIC VIEWS on Folly! It is located near a groin and has some of the largest beach Folly has to offer. If you were to look to the West or East for as far as the eye can see, you would gaze upon sandy beachs and crashing waves of ATLANTIC creating the most gorgeous landscape one could imagine. Something unique to Folly Beachfront property, is 711 E. Arctic Ave is one of a few lots that have a Sea Wall providing extra protection against storms and erosion (read below about the flood insurance)! Boasting five (5) bedrooms and three (3) baths, this property has a lot of off-street parking, a large kitchen and an open floor-plan that provides plenty of comfort to entertain several guests! The seller has shown great pride in ownership and has been maintained well over the years including the installation of a (5) ton HVAC unit that's only 3-4 years old. Also the Sealoflex Roof was installed less than (2) years ago! Saving the best for last, it has been a high demand rental for years! By purchasing this home you are buying a proven winner! It brought in over $48,000 in GROSS rental income for 2011! Saving the best for last, ALL FURNISHINGS CONVEY! With this price many might assume this is a short sale but that is not the case! This means the seller can close quickly! Some like to say that your are buying the lot, not the house when you purchase Oceanfront property. Well, this is one of the best lots on Folly with added protection! It's PRICING AND ROI IS RIDICULOUS AND CANT BELIEVE ITS STILL FOR SALE!I DARE YOU TO FIND A BEACHFRONT PROPERTY BELOW 900K WITH BETTER VIEWS AND MORE BEACH! PS: Don't forget to ask the Listing Agent about the incredibly inexpensive FLOOD POLICY that may be assumed.****AGENTS MUST READ NOTES****