*PREMIER PROPERTY ALERT!* LOWEST PRICED 2BD/2BA IN ADMIRALS ROW AT TIME OF LISTING! Closest 2BD condo to the beach currently on the market! Ocean views from the oversized balcony and only a few units back from the beach. FIXER UPPER offering a BIG OPPORTUNITY to get this close to the ocean on HHI. TONS of amenities onsite: tennis courts, swimming pools, play areas, beachfront bar and MORE! Do not miss this chance to own for under $400k! Property sold AS-IS with NO REPAIRS made by seller, home inspections welcome!
For sale
Price cut: $30.9K (8/4)
$329,000
40 Folly Field Rd #118, Hilton Head Island, SC 29928
2beds
996sqft
:
Get pre-qualified$2,719/mo
Condominium, Multi Family
Built in 1980
-- sqft lot
$315,300 Zestimate®
$330/sqft
$786/mo HOA
What's special
Oversized balcony
- 58 days |
- 2,152 |
- 78 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ashley Powers 843-415-6486,
Hilton Head Area Properties, LLC
Source: REsides, Inc.,MLS#: 509907
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- Flooring: Laminate, Tile
- Windows: Other
Interior area
- Total interior livable area: 996 sqft
Property
Parking
- Parking features: Unassigned
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: Free Form, Other, Community
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Features: Waterfront
Details
- Parcel number: R51000900005380118
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Multi-Level
- Property subtype: Condominium, Multi Family
Materials
- Composite Siding, Wood Siding
- Roof: Other
Condition
- Year built: 1980
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security Guard, Fire Sprinkler System
- Subdivision: Hhbt/Admirals Row
HOA
- Amenities included: Beach Rights, Beach Access, Fitness Center, Golf Course, Barbecue, Playground, Pickleball, Pool, Restaurant, Guard, Tennis Court(s), Trail(s), Cable TV
- HOA fee: $786 monthly
Location
- Region: Hilton Head Island
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $488,000
- Annual tax amount: $1,508
- Date on market: 6/17/2026
- Listing terms: Cash
Estimated market value
$315,300
$300,000 - $331,000
$2,962/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $329,000-8.6%$330/sqft |
Source:  REsides, Inc. #509907 Report a problem | ||
| 7/13/2026 | Price change | $359,900-5%$361/sqft |
Source: REsides, Inc. #509907 Report a problem | ||
| 6/17/2026 | Listed for sale | $378,900+32.9%$380/sqft |
Source: REsides, Inc. #509907 Report a problem | ||
| 1/25/2008 | Sold | $285,000+46.5%$286/sqft |
Source: Public Record Report a problem | ||
| 3/3/2003 | Sold | $194,500+38.9%$195/sqft |
Source: Public Record Report a problem | ||
| 7/11/2001 | Sold | $140,000$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,508 -0.4% | $10,840 |
| 2024 | $1,514 +0.9% | $10,840 |
| 2023 | $1,500 +8.5% | $10,840 +15% |
| 2022 | $1,383 -3.2% | $9,430 |
| 2021 | $1,428 | $9,430 |
| 2020 | -- | $9,430 |
| 2019 | $1,300 +2.1% | $9,430 |
| 2018 | $1,273 +10.9% | $9,430 +15% |
| 2017 | $1,147 | $8,200 |
| 2016 | $1,147 | $8,200 |
| 2015 | $1,147 | $8,200 |
| 2014 | $1,147 | $8,200 |
| 2013 | $1,147 | $8,200 |
| 2010 | $1,147 +5% | -- |
| 2009 | $1,092 +74.5% | -- |
| 2008 | $626 -64.2% | $5,840 -33.3% |
| 2007 | $1,749 +17.1% | $8,760 |
| 2005 | $1,493 -1.9% | $8,760 |
| 2004 | $1,522 +17.3% | $8,760 +60.4% |
| 2003 | $1,298 | $5,460 |
| 2001 | -- | -- |
| 2000 | -- | $91,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Port Royal
Nearby schools
GreatSchools rating
- 7/10Hilton Head Island International Baccalaureate Elementary SchoolGrades: 1-5Distance: 2.7 mi
- 5/10Hilton Head Island Middle SchoolGrades: 6-8Distance: 2.7 mi
- 7/10Hilton Head Island High SchoolGrades: 9-12Distance: 2.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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