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For sale
  • $539,900

    40 Folly Field Road UNIT 225, Hilton Head Island, SC 29928

    2beds
    996sqft
    : 
    $4,068/mo
    Get pre-qualified
    Condominium, Apartment
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $542/sqft
    $786/mo HOA

    What's special

    Fire system completed
    ONLY 5-star rеvіеws from all thе shοrt term rentals. Including а toр of the line turn key adventure awaits you in this 2/2 condo come see Admirals Row and all of HHB&TR. Fire system completed; the work is done, and the assessment PAID off, yes the special assessments have been paid in full. This condo was stripped almost completely to the studs and rebuilt using first class materials. It is 100% completely renovated top to bottom, front to back with great attention given to details the owners and their guests would really like. The owners have had 48 ALL 5-star guest reviews. A number of them mention this fact. Most of the guests are returnees from previous years who pay premium rental prices for their stays there. Just a quick look at active units, and you will see this south side facing the ocean and pool has great views to accomadate the turn key renovation. Nothing to do but bring your sandels and beach umbrella. The renovation costs to equal this condo today, at today's prices, would exceed $100,000. This is a Turn Key condo. Everything in it is included and can be rented starting on the day the sale is closed. The owner will give the new buyer all 5 years rentals information for their guests at closing. Their rental income was significant, especially considering they only accepted 7 night rentals AND did not accept credit card payments, Obviously, many more rental dollars could be mined from this condo if these policies were changed. There is a 4th year repeat winter guest booked for 8 weeks for nearly enough to cover all 2027 regime fees. Closing the sale before 1/10/27 will earn the buyer this rental income which equates to 8+ months of HOA fees.
    25 days
    606
    38

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Hultz 502-822-8695,

    Realty One Group - Lowcountry

    Source: REsides, Inc.,MLS#: 513634MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
      Features
      • Ceiling Fan(s), Cable TV
      • Flooring: Luxury Vinyl, Luxury VinylPlank
      • Windows: Other
      • Furnished: Yes
      Interior area
      • Total interior livable area: 996 sqft

      Property

      Parking
      • Parking features: Unassigned
      Features
      • Patio & porch: Balcony, Patio
      • Exterior features: Balcony, Outdoor Shower
      • Pool features: Free Form, Other, Community
      • Has view: Yes
      • View description: Ocean, Pool
      • Has water view: Yes
      • Water view: Ocean,Pool
      Details
      • Parcel number: R51000900005380225
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Flat
      • Property subtype: Condominium, Apartment
      Materials
      • Block, Stucco
      • Roof: Flat
      Condition
      • Year built: 1980

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Security Guard
      • 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: $542/sqft
      • Tax assessed value: $488,000
      • Annual tax amount: $4,128
      • Date on market: 10/15/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/15/2026Listed for sale$539,900-4.4%$542/sqft
        Source: REsides, Inc. #513634 Report a problem
        7/1/2026Listing removed$565,000$567/sqft
        Source: REsides, Inc. #502228 Report a problem
        4/8/2026Price change$565,000+9.7%$567/sqft
        Source: REsides, Inc. #502228 Report a problem
        2/4/2026Price change$515,000+2%$517/sqft
        Source: REsides, Inc. #502228 Report a problem
        2/3/2026Price change$505,000+1.4%$507/sqft
        Source: REsides, Inc. #502228 Report a problem
        1/28/2026Price change$498,000+0.6%$500/sqft
        Source: REsides, Inc. #502228 Report a problem
        1/23/2026Price change$495,000-3.9%$497/sqft
        Source: REsides, Inc. #502228 Report a problem
        1/14/2026Price change$515,000-2.8%$517/sqft
        Source: REsides, Inc. #502228 Report a problem
        12/12/2025Price change$530,000-2.8%$532/sqft
        Source: REsides, Inc. #502228 Report a problem
        11/20/2025Price change$545,000-1.8%$547/sqft
        Source: REsides, Inc. #502228 Report a problem
        11/12/2025Price change$555,000-0.7%$557/sqft
        Source: REsides, Inc. #502228 Report a problem
        10/26/2025Price change$559,000-0.2%$561/sqft
        Source: REsides, Inc. #502228 Report a problem
        10/23/2025Price change$559,900+0.2%$562/sqft
        Source: REsides, Inc. #502228 Report a problem
        10/20/2025Listed for sale$559,000+3.7%$561/sqft
        Source: REsides, Inc. #502228 Report a problem
        6/22/2025Listing removed--
        Source: Owner Report a problem
        3/24/2025Listed for sale$539,000+134.3%$541/sqft
        Source: Owner Report a problem
        8/5/2020Sold$230,000$231/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,128 +1.4%$15,870
        2024$4,073 +0.3%$15,870
        2023$4,059 +10%$15,870 +15%
        2022$3,690 -0.3%$13,800
        2021$3,702 $13,800 +8.1%
        2020-- $12,770
        2019$3,197 +5.1%$12,770
        2018$3,040 +57.1%$12,770 +15%
        2017$1,935 $11,100
        2016$1,935 $11,100
        2015$1,935 $11,100
        2014$1,935 $11,100
        2013$1,935 $11,100
        2010$1,935 +2.6%--
        2009$1,886 +3%--
        2008$1,831 +4.7%$8,760
        2007$1,749 +17.1%$8,760
        2005$1,493 -1.9%$8,760
        2004$1,522 +25.3%$8,760 +71.8%
        2003$1,215 $5,100
        2001-- --
        2000-- $85,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Port Royal

        Getting around

        17 / 100
        Car-Dependent
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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