Property Description
Welcome to your dream investment property in the heart of Garden City Beach! Just 3/4 of a mile from the ocean, this mostly renovated 9-bedroom, 3,780 ht sq ft, home is the perfect getaway for large families, group vacations, or short-term rental opportunities. According to the web site AirDNA, this property is an INVESTOR’S DREAM and Casago, a local Myrtle Beach Vacation rental company has provided their projections for rental income which would result in a good cash flow and a high Cap Rate. Their projections with expenses are available upon request. The spacious covered front porch allows guest to relax in the rocking chairs while enjoying their morning coffee and soaking up the coastal breeze. The home has the potential to have three separate rental units with each having a separate entrance, allowing each unit to be rented separately or all units can be rented together since all units are accessible indoors. Priced well below other large beach homes in the area, the potential with this property is through the roof. The large master suite used to be two separate bedrooms and now is sized for the queen. Renovations include, new waterproof LVP floors throughout, new kitchen countertops, new kitchen cabinets, new kitchen sink, fixtures, refrigerator, dishwasher, backsplash, bathroom vanities, crawl space encapsulation with dehumidifier, the entire house has been painted over the last few years. Full upgrade list supplied upon request. The large fenced in backyard is perfect for family games or a future pool install. Unlike most vacation rental homes this property is not in a flood zone requiring flood insurance and there is no HOA. Three newer HVAC systems (2018, 2021 & 2024), and roof installed in 2021. Located between Murrells Inlets with the marsh walk and Surfside Beach, known as the family beach, The home has easy access to shopping, dining, and entertainment. This home is a prime spot for visitors seeking the ultimate beach experience. Whether you’re looking for a profitable vacation rental or a sprawling family retreat, this property is a must-see!
