Property listing for 1425 N Waccamaw Dr #230, Murrells Inlet, SC 29576
For SaleCondo

$325,000

1425 N Waccamaw Dr #230, Murrells Inlet, SC 29576

Ocean-View Garden City Beach Condo with Balcony & Pool

2 Bed · 2 Bath · 960 Sq Ft

Fully furnished 2BR/2BA, steps from Garden City Pier and the sand

2

Beds

2

Baths

960

Sq Ft

1987

Built

Secured parking (1)

Garage

About 1425 N Waccamaw Dr #230

What stands out first about Unit 230 at 1425 N Waccamaw Drive is the view — a private balcony that looks toward the Atlantic and sits just across from the sand. Set in the Sandy Shores III low-rise complex in Garden City Beach, this fully furnished 2-bedroom, 2-bath condo delivers an immediate turnkey beach lifestyle: a welcoming living area, sleeping accommodations designed for comfort, and the practical conveniences vacationers and long-term residents both want.

Inside, the layout makes efficient use of its roughly 960 square feet. The living room opens to the balcony so you can step outside to sea breezes within seconds. Both bathrooms and the kitchen are maintained in good condition, and the unit is sold furnished — an advantage for investors seeking immediate rental revenue or buyers who want a ready-to-enjoy coastal retreat. The building provides central HVAC, composition roofing, and secured parking for one vehicle.

Sandy Shores III includes community amenities that complement the beachfront location: a community pool and shared recreation area that attract steady rental interest during the high season. Zoned RR (Resort Residential), the complex historically supports short-term rentals, but prospective buyers should confirm current HOA rules. Note the HOA fee of $750/month, which covers shared services and influences net operating income for rental scenarios.

Location is a major asset. The Garden City Pier is about half a mile away, and the lively Murrells Inlet MarshWalk sits a short drive down the coast. Restaurants, shops, and beach access are all nearby, making day-to-day living and guest stays convenient. With recent local comps and a current list price of $325,000 (about $338/sf), this unit sits competitively in a market where oceanview condos maintain steady demand. Buyers should verify flood insurance requirements and review HOA rental policies as part of due diligence.

Home Highlights

Fully furnished and move-in readyPrivate balcony with ocean viewsCommunity pool and recreation areaSecured parking space includedStrong short-term rental potential (verify HOA rules)Competitive list price at $325,000

Property Features

Interior Features

  • 2 bedrooms, 2 full bathrooms
  • Approximately 960 sq ft of living space
  • Fully furnished — turnkey condition
  • Central heating and air conditioning
  • Private balcony with ocean views
  • Open living area oriented toward the balcony

Exterior & Lot

  • Low-rise Sandy Shores III condominium building
  • Community pool and recreation area
  • Directly across from Garden City Beach
  • Secured on-site parking (1 space)
  • Level site with easy beach access

Location & Neighborhood

  • Garden City Beach neighborhood — coastal setting
  • 0.5 miles to Garden City Pier
  • Approximately 2.5 miles to Murrells Inlet MarshWalk
  • Close to dining, shops, and beachfront recreation
  • Part of the Myrtle Beach–Conway–North Myrtle Beach MSA

Walkability & Recreation

  • Walkability Rating: 72/100 — Some errands and dining within walking distance
  • Beach access and shoreline recreation steps away
  • Garden City Pier (0.5 mi) for fishing and boardwalk activities
  • Murrells Inlet MarshWalk (2.5 mi) for waterfront dining and events
  • Community pool and nearby public parks and walking paths

Neighborhood & Location

Garden City Beach offers a relaxed, family-friendly coastal lifestyle with easy access to wide sandy beaches, classic pier activities, and regional seafood dining. The neighborhood blends vacation-energy with year-round residential pockets; visitors and residents enjoy nearby attractions such as Garden City Pier and the Murrells Inlet MarshWalk. Local shops and casual restaurants are a short walk or drive away, while the broader Myrtle Beach metro provides additional entertainment, golf, and shopping options. This area attracts both second-home buyers and investors drawn to steady rental demand.

Market Insights

The Garden City Beach / Murrells Inlet market is balanced but leans toward seller momentum for desirable oceanview condos. Inventory sits at approximately 3.2 months — lower than a neutral 6-month supply — and average days on market are around 45 days, indicating steady buyer interest. Median sale price in the area is roughly $275,000, with one-year appreciation near 5% and five-year appreciation around 20%, signaling modest but consistent gains. For condo investors, oceanview units typically outperform inland product because of year-round tourist demand; comparable rentals suggest monthly gross rents near $1,800 and a gross yield of about 6.6% (before expenses). That said, this asset class is sensitive to HOA fee levels and coastal risk factors: this unit’s $750/month HOA will materially affect net cash flow and prospective buyers should confirm HOA rental rules and flood insurance costs. Overall, given limited inventory for beachfront condos and steady tourist flows, now is an opportunistic time for buyers seeking either an income property or a turnkey beach residence.

Nearby Schools

Seaside Elementary School

Elementary

4/10

St. James Middle School

Middle

6/10

St. James High School

High

8/10

Walkability & Recreation

72
Walkability
85
Recreation

Excellent coastal recreation: beach access and Garden City Pier within walking distance, Murrells Inlet MarshWalk nearby, community pool onsite, and numerous waterfront dining and outdoor activities within a few miles.

Investment Highlights

  • Fully furnished 2-bedroom condo with ocean views
  • Located steps from the beach in Garden City Beach
  • Strong rental potential in a popular tourist area
  • Community amenities include a pool and recreation area
  • Proximity to Garden City Pier and Murrells Inlet MarshWalk

Key Findings

  • Built in 1987 with 960 sq ft of living space
  • Recent sale history: $250,000 in November 2024
  • Current listing price: $325,000 ($338 per sq ft)
  • HOA fees: $750 per month
  • Located in a Resort Residential (RR) zoning district

Things to Consider

  • Monthly HOA fees of $750 may impact affordability
  • Potential for flood risk due to coastal location
  • Market appreciation has been moderate at 5% over the past year

Opportunity Analysis

Oceanview condo with strong rental potential in a desirable coastal location, offering immediate income opportunities and long-term appreciation potential.

Potential Use Scenarios

  • Utilize as a short-term rental to capitalize on tourist demand
  • Monitor HOA regulations regarding rental policies
  • Consider long-term appreciation potential in a growing market

Risk Factors

  • High HOA fees impacting net income
  • Potential for natural disasters due to coastal location
  • Market appreciation rates are moderate

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$310K

Midpoint

$325K

High

$340K

$338/SF estimated price per square foot

85% confidence

Sales comparison approach using recent sales of similar 2-bedroom oceanview condos in Garden City Beach. Adjusted for size, condition, and proximity to the beach.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$275,000
Avg Days on Market45 days
Inventory3.2 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)5,000
Median Income (1 mi)$55,000

Garden City Beach has seen steady growth in tourism and residential development, enhancing property values and rental demand.

Nearby Points of Interest

  • Garden City Pier (0.5 mi)
  • Murrells Inlet MarshWalk (2.5 mi)
  • Inlet Square Mall (3 mi)

Located steps from the beach with ocean views, close to Garden City Pier and local dining options.

School District

DistrictHorry County Schools
ElementarySeaside Elementary School (4/10)
MiddleSt. James Middle School (6/10)
HighSt. James High School (8/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1987
Constructionwood frame
Stories1
Roofcomposition
Heatingcentral electric
Coolingcentral AC
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Topographylevel
Parkingsecured_garage
Parking Spaces1
FrontageDirectly across from the beach

Utilities

Watermunicipal
Sewermunicipal
ElectricSantee Cooper
Gasnone

Zoning & Land Use

Zoning CodeRR
DescriptionResort Residential
JurisdictionHorry County

Allowed Uses

residentialshort term rental
Current Useresidential
Assessor UseResidential Condominium

Tax & Sale History

Tax Assessment

Annual Tax (2025)$3,369

Sale History

2024-11-14$250,000

$260/SF

Previous sale recorded in public records.

2021-02-04$159,000

$166/SF

Prior sale recorded in public records.

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