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Coastal Carolina Group

Innovate Real Estate-Coastal Carolina Group

sellingcoastalcarolinas@gmail.com

Listed by Lauren D Griffin • CB Sea Coast Advantage MI • Office: 843-650-0998

$ 543,900

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Price Dropped by $6K

5002 Watergate Dr. Myrtle Beach, SC 29588

2 Beds

1.5 Baths

1,897 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,897 sqft

Price per Sqft $286

Subdivision Watergate

MLS Listing ID 2517365

Style Ranch

Bedrooms 2

Full Baths 1

Half Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1971

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Detached

Source CCAR

Property Description

Come live and work from home! This remarkable property sits on a corner lot with over a quarter of an acre right down the street from Market Common! There's NO HOA so you can live the life that you have always wanted on your own terms. This super rare home is located in the neighborhood retail district, which means that you can run a business here. There are endless possibilities! It's currently zoned RE 1 which allows boutique shops, medical clinics, banks, salons, fitness centers, health spas, dry cleaners, bait shops, social organizations, and specialty schools with conditional exceptions for restaurants, bars, and veterinary offices. It could even be your own personal art studio or you could use some of this space for a workshop. This property is truly one-of-a-kind. It is located outside of the city limits and there are no restrictions stopping you from having your boat, RV, golf cart, or motorcycle. So, come bring all your toys and enjoy the freedom of having no hoa! Short-term rentals are allowed, which means that you can rent this home out on Airbnb and VRBO. It would make a great primary residence, second home, or vacation rental. This versatile single-family home has a big southern-style front porch and each side has its own entrance with separate exits. As you enter through the left door, you will see an open floor plan with a large 15x17 living room. There are two spacious bedrooms with a full-size bathroom which has a custom tile walk-in shower. Everything you need is on the ground level, which provides easy access. The kitchen features new stainless steel appliances along with granite countertops, a farmhouse sink, and lovely white cabinets. This entire home has been freshly painted, high-quality laminate flooring has been installed, and LED lights were added. A new hot water heater was put in this year and all of the windows on the residential side have been replaced. Two 22,000 BTU mini-split hvac systems have been professionally installed this year. They can both be controlled remotely with wifi and warranties will be provided. There is a transferable termite bond along with a 2-10 warranty that's being offered for extra peace of mind. The 8x10 laundry room has extra space for a pantry and there's a 30x30 attic upstairs, which can be used for extra storage or you could possibly finish it off. The commercial studio side has about 1,056 HSF and includes a 14x22 garage along with a half bath. This side has its own separate breaker box. This is the perfect space to run your own business! The driveway can currently accomodate 6 cars, but there's plenty of room for an additional parking lot. The fenced-in yard is huge and there are some trees in the back which provide some extra privacy. This is a great place to let your pets run around and play! There is a nice patio where you can relax and grill out with friends. The garage is a side load and the fence has a sliding gate. There are two industrial size exterior lights that automatically come on at night. This unique property is conveniently located to everything that the Grand Strand has to offer! There are several top-notch golf courses nearby, the best fishing spots, numerous delicious restaurants, bars with awesome live music, and tons of places to go shopping! Plus, the beach is only about 10 minutes away! You don't want to miss out on this opportunity to come live the coastal dream life! Schedule your showing today and don't forget to check out the 3D virtual tour! Some photos in this listing have been virtually staged. Not all bedrooms are conforming; contact agent for full bedroom details.

Location

State SC

County Horry

Community Watergate

Area 19A Myrtle Beach Area--Socastee

Zoning RE 1

Interior

Interior Features Attic, Pull Down Attic Stairs, Permanent Attic Stairs, Bedroom on Main Level, Stainless Steel Appliances, Solid Surface Counters, Workshop

Heating Electric

Cooling Wall/ Window Unit(s)

Flooring Laminate, Tile

Furnishings Unfurnished

Fireplace No

Appliance Microwave, Range, Refrigerator

Laundry Washer Hookup

Exterior

Exterior Feature Fence, Patio

Parking Features Attached, One Space, Boat, Garage, R V Access/ Parking

Garage Spaces 1.0

Community Features Golf Carts OK, Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Amenities Available Owner Allowed Golf Cart, Owner Allowed Motorcycle, Pet Restrictions, Tenant Allowed Golf Cart, Tenant Allowed Motorcycle

Total Parking Spaces 10

Building

Lot Description Corner Lot, Outside City Limits

Entry Level One and One Half,One

Foundation Slab

Water Public

Level or Stories One and One Half, One

Construction Status Resale

Schools

Elementary Schools Socastee Elementary School

Middle Schools Forestbrook Middle School

High Schools Socastee High School

Others

Senior Community No

Tax ID 44106020055

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, Portfolio Loan

Disclosures Seller Disclosure

Listing Terms Cash, Conventional, Portfolio Loan

Special Listing Condition None

Pets Allowed Owner Only, Yes

Coastal Carolinas Multiple Listing Service, Inc (CCMLS)

Coastal Carolina Group

Client Care Specialist

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