Attention all investors and beach lovers! This is your chance to build your dream vacation home across the street from the beach. Corner Lot. Second row beach access. 525 N Waccamaw Drive is a prime location with pedestrian beach access directly across the street. There are two lots available—Lot A and Lot B, each being sold. The lots are located just five blocks north of the pier and close to local amenities. Take advantage of this perfect opportunity to invest in building two amazing rental homes. You can be up and renting by 2025!
Property Details
Property Features
Listing Office:
Office Name: Dunes Realty Sales
Office Phone: (843) 651-4112
Exterior Features
Exterior Information:
View: Ocean
Lot Features
Lot Information:
Lot: Flood Zone, Rectangular Lot
Lot Size: 0.11 Acres
Other
Directions Information:
Directions: Five blocks north of the Garden City Pier. At the corner of Cypress and North Waccamaw Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
HOA Fees:
Amount: $0
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Murrells Inlet, SC.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,811
Per Month
Principal & Interest
$3,744
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,315
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Seaside Elementary School
1605 Woodland Drive Ext
Distance between this listing and this school1.53 miles
Public District Grades PK-4
8
/10
St. James Elementary School
9711 Saint James Rd
Distance between this listing and this school3.88 miles
Public District Grades PK-4
6
/10
St. James Intermediate School
9641 Scipio Ln
Distance between this listing and this school4.48 miles
Public District Grades 5-6
Nearby Schools
8
/10
St. James Middle School
9775 Saint James Rd
Distance between this listing and this school3.76 miles
Public District Grades 7-8
8
/10
Socastee Middle School
151 Sheffield Pkwy
Distance between this listing and this school6.25 miles
Public District Grades 6-8
7
/10
Waccamaw Middle School
247 Wildcat Way
Distance between this listing and this school8.09 miles
Public District Grades 7-8
Nearby Schools
7
/10
St. James High School
10800 Highway 707
Distance between this listing and this school4.09 miles
Public District Grades 9-12
5
/10
Socastee High School
4900 Socastee Blvd
Distance between this listing and this school7.42 miles
Public District Grades 9-12
7
/10
Waccamaw High School
2412 Kings River Rd
Distance between this listing and this school12.19 miles
The neighbors living near this home have an average income of $41,267. Residents of Murrells Inlet, SC typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 525A N Waccamaw Dr
What is the listing price of this property?
The listing price of 525A N Waccamaw Dr property is $750,000.
What type of property is this?
The property 525A N Waccamaw Dr is land located in Garden City Beach, South Carolina, 29576.
Is this property for sale now?
Active Listing: 525A N Waccamaw Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 525A N Waccamaw Dr in Garden City Beach, SC and zip code 29576. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $750,000.
While more than 2 listings in Murrells Inlet, SC in November 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 45 were sold below. The number of homes for sale in Murrells Inlet, SC increased by 0.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $377,000, while the average time on the real estate market was 105 days.
From Rocket Homes Real Estate and based on county public records data.
Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Figure Skating
Figure Skating
Horse Races
PGA/LPGA
Chico's
Stein Mart
Nordstrom Rack
Bob Evans
LongHorn Steakhouse
Bonefish Grill
Oldsmobile
Buick
Lincoln
News
Contemporary Inspirational
Classical