Incredible opportunity to buy TWO oceanfront lots! Both lots are 52'x150' and are a real deal for $1,375,000.00 each. Even better, there is an existing structure that has 4 apartments with long term renters (month to month). The structure is dated and has needs TLC. The list price reflects the value of the lots but imagine the potential rental income of a 4-plex on the ocean. The 50% rule would be in effect for any improvements (no money has been spent towards the 50%). No problem building on these lots because the zoning rule of a 40' setback from the baseline still leaves plenty of room to build. Don't forget to take a look at the massive seawall near the dunes.
Listing Date: 02-26-2021
Sold Date: 04-02-2021
Aprox Days on Market: 
1 month(s), 6 day(s)
Listing Sold: 
3 Year(s), 23 day(s) ago
Original Asking Price: $2,500,000
Asking Price: $2,650,000
Selling Price: $2,500,000
Price Difference From Original:
Same as Original Price
Price Difference From Asking:
Reduced By $150,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 5
Levels: Two
Year Built: 1975
Rent Control: No
Misc Ext: Deck
Exterior Features: Balcony, Stoop
Pool Private: No
Style: Traditional
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Interior Features: Ceiling - Smooth, Living/Dining Combo
Fireplace: No
Lot Size: 0.36
Lot Desc: 0 - .5 Acre, High
Lot Size Units: Acres
Lot Dimensions: 104x149
Acres: 0.36
Lot Sqft: 15681.599999
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 2
Foundation: Slab
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 7
Sold Date: 2021-04-02T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 3596
Water Source: Public
Heating: Yes
Heat: Electric
Water Sewer: Septic Tank
Cooling: Yes
Water Front Features: Beach Front
Waterfront: Yes
Courtesy of listing office Vacasa SC LLC