Skip main navigation
For sale
  • Price cut: $15.5K (3/12)
    $399,500

    40 Folly Field Rd Unit 104, Hilton Head Island, SC 29928

    1beds
    540sqft
    : 
    Condominium
    Built in 1980
    -- sqft lot
    $384,200 Zestimate®
    $740/sqft
    $-- HOA

    What's special

    Oceanfront viewsFresh coastal feelThoughtful upgrades throughoutFlat-screen tv in bedroomOpen floor planFirst-floor convenienceFitness center
    Oceanfront condo that checks every box! This 1-bedroom / 1-bath rental gem offers direct oceanfront views in Hilton Head Beach & Tennis Resort. Located in the resort's closest building to the beach and positioned at the ocean-facing end, this villa is truly as close to the sand as you can get. Enjoy first-floor convenience and soak in sweeping, unobstructed Atlantic views from your private balcony. A rare blend of lifestyle and investment, this villa shows proven rental performance with approximately $29,000 in gross rental revenue from April-December 2025 (with updated listing photos added mid-season), future reservations already on the books, and a conservative projection of $45,000 in annual gross revenue (details available)-setting the stage for an even stronger year ahead. Recently renovated and completely turnkey, the condo features an open floor plan, fresh coastal feel, and thoughtful upgrades throughout. Recently added: flat-screen TV in bedroom and brand new couch in living room (not pictured). Enjoy resort amenities including an Olympic-sized oceanfront pool, Admirals Row private community pool, tennis and pickleball courts, fitness center, and more-just steps from the sand. Whether you're looking for a low-maintenance second home, a short-term rental performer, or both, this is an ideal oceanfront opportunity on Hilton Head Island.
    36 days
    |
    314
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 08:02am

    Listed by:

    Brandon Greenplate 843-422-4792,

    Greenplate Group Brokered by eXp Realty (985)

    Source: REsides, Inc.,MLS#: 504225MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric, Heat Pump
      Cooling
      • Central Air, Electric, Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
      Features
      • Built-in Features, Ceiling Fan(s), New Paint, Smooth Ceilings, Window Treatments
      • Flooring: Tile
      • Windows: Other, Window Treatments
      • Furnished: Yes
      Interior area
      • Total interior livable area: 540 sqft

      Property

      Parking
      • Parking features: Unassigned
      Features
      • Stories: 1
      • Patio & porch: Balcony, Patio
      • 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: R51000900005380104
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: One Story
      • Property subtype: Condominium
      Materials
      • Unknown
      • Roof: Asphalt
      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
      Location
      • Region: Hilton Head Island

      Financial & listing details

      • Price per square foot: $740/sqft
      • Tax assessed value: $392,000
      • Annual tax amount: $4,994
      • Date on market: 2/19/2026
      • Listing terms: Cash,Conventional,1031 Exchange
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        $384,200

        $365,000 - $403,000

        $1,818/mo

        Price history

        Price history
        DateEventPrice
        3/12/2026Price change$399,500-3.7%$740/sqft
        Source: REsides, Inc. #504225 Report a problem
        2/19/2026Price change$415,000+13.7%$769/sqft
        Source: REsides, Inc. #504225 Report a problem
        3/6/2025Pending sale$365,000+3.5%$676/sqft
        Source: REsides, Inc. #446458 Report a problem
        2/18/2025Sold$352,500-3.4%$653/sqft
        Source: REsides, Inc. #446458 Report a problem
        1/3/2025Price change$365,000-8.5%$676/sqft
        Source: REsides, Inc. #446458 Report a problem
        12/9/2024Price change$399,000-3.9%$739/sqft
        Source: REsides, Inc. #446458 Report a problem
        11/11/2024Price change$415,000-5.5%$769/sqft
        Source: REsides, Inc. #446458 Report a problem
        9/28/2024Price change$439,000-4.4%$813/sqft
        Source: REsides, Inc. #446458 Report a problem
        8/20/2024Listed for sale$459,000+61.1%$850/sqft
        Source: REsides, Inc. #446458 Report a problem
        8/4/2023Listing removed--
        Source: REsides, Inc. #415058 Report a problem
        8/6/2021Sold$285,000-4.7%$528/sqft
        Source: Public Record Report a problem
        6/8/2021Pending sale$299,000$554/sqft
        Source: REsides, Inc. #415058 Report a problem
        6/2/2021Price change$299,000-8%$554/sqft
        Source: REsides, Inc. #415058 Report a problem
        5/14/2021Listed for sale$325,000+102.2%$602/sqft
        Source: REsides, Inc. #415058 Report a problem
        2/28/2002Sold$160,700$298/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2023$4,994 +10%$19,670 +15%
        2022$4,538 +28.5%$17,100 +30.1%
        2021$3,532 $13,140
        2020-- $13,140
        2019$3,288 +5.1%$13,140
        2018$3,127 +63.6%$13,140 +15%
        2017$1,911 $11,430
        2016$1,911 $11,430
        2015$1,911 $11,430
        2014$1,911 $11,430
        2013$1,911 $11,430
        2010$1,911 +2.6%--
        2009$1,861 +3%--
        2008$1,807 +4.8%$8,640
        2007$1,725 +17.1%$8,640
        2005$1,473 -1.9%$8,640
        2004$1,502 +0.7%$8,640 +37.1%
        2003$1,492 $6,300
        2001-- --
        2000-- $105,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,150/mo
        Principal & interest
        $1997
        Property taxes
        $153
        More affordability tools

          Climate risks

          Neighborhood: Port Royal

          Getting around

          21 / 100
          Car-Dependent
          68 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 29928

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel