Homes/South Carolina/Murrells Inlet/1425 N Waccamaw Dr #230
CompCasa Property Analysis · condo

1425 N Waccamaw Dr #230

Ocean-View Garden City Beach Condo with Balcony & Pool

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

2 beds2 baths960 sq ftBuilt 1987secured parking
CompCasa valuation analysis
Estimated market value
$325,000
Low $310,000 · Midpoint $325,000 · High $340,000
Confidence85%Sales comparison approach
Last recorded sale$250,000Nov 14, 2024
CompCasa estimate$325,000Mar 8, 2026
Estimate vs. last recorded sale+$75,000 / +30.0%
$310,000$325,000 midpoint$340,000
Price / sq ft$338
Median sale price$275,000
Avg days on market45 days
Inventory3.2 months

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.

About the property

Ocean-View Garden City Beach Condo with Balcony & Pool

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$160,000
Property address1425 N Waccamaw Dr #125, Murrells Inlet, SC 29576
1 bed1 bath620 sq ftBuilt 19870 mi$258/SF
Sold Mar 18, 2025
Subject difference
  • 340 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
  • Same year built
Research comparison noteSmaller unit with 1 bedroom and 1 bathroom, sold in March 2025.
02Sold price$385,000
Property address1425 N Waccamaw Dr #123, Murrells Inlet, SC 29576
3 bed2 bath1,047 sq ftBuilt 19870 mi$368/SF
Sold Oct 31, 2025
Subject difference
  • 87 SF larger
  • 1 additional bedroom
  • Same year built
Research comparison noteLarger 3-bedroom unit, listed at $385,000 in October 2025.
Comp methodology: Comparable sales and rentals were selected based on proximity, size, and similar features to the subject property.
Property details

A 1987 low rise.

Building

Year built1987
ConstructionWood Frame
RoofComposition
Heatingcentral electric
Coolingcentral AC

Site & utilities

Garagesecured parking
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notesFully furnished 2-bedroom, 2-bathroom condo with ocean views, balcony, and community pool access.
TopographyLevel
FrontageDirectly across from the beach
ParkingSecured Garage
Parking spaces1
Parking notesSecured garage parking available
AccessStandard residential access from N Waccamaw Dr
WaterMunicipal
SewerMunicipal
ElectricSantee Cooper
GasNone
Location & nearby

Garden City Beach

Researched nearby locations

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

Location

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

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementarySeaside Elementary School (4/10)
Middle schoolSt. James Middle School (6/10)
High schoolSt. James High School (8/10)
School districtHorry County Schools
Market context

A factual market snapshot around 1425 N Waccamaw Dr #230.

Median sale price$275,000
Avg days on market45 days
Inventory3.2 months
1-year appreciation5.0%
5-year appreciation20.0%
Editorial market perspective

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.

Zoning & land use

Resort Residential

Zoning

Zoning codeRR
DescriptionResort Residential
JurisdictionHorry County
Assessor useResidential Condominium
Current useResidential

Research-indicated uses

  • Residential
  • Short Term Rental
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Annual property tax$3,369
Tax year2025

Sale history

2024-11-14$250,000 · $260/SF
2021-02-04$159,000 · $166/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,800/mo
Property address1425 N Waccamaw Dr #128, Murrells Inlet, SC 29576
2 bed2 bath960 sq ft$1.88/SF
Leased Jun 1, 2025
Subject difference
  • Same living area
Research comparison noteComparable 2-bedroom unit rented in June 2025.
Research findings & due diligence

What the research supports — and what is still worth verifying.

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

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm HOA regulations regarding short-term rentals
  • Verify flood insurance requirements due to coastal location
  • Review recent property inspection reports
Highlights & features

What stands out about this property.

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Homes.com listing for 1425 N Waccamaw Dr #230View source
2
Zillow listing for 1425 N Waccamaw Dr #230View source
3
Redfin listing for 1425 N Waccamaw Dr #230View source
4
Realtor.com listing for 1425 N Waccamaw Dr #125View source
5
Homes.com listing for 1425 N Waccamaw Dr #123View source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.