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Ref: MLS # 700124
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$3,000,000.00 Reduction with Owner Financing! $7,850,000
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5790 Dick Pond Road 29588
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Myrtle Beach, South Carolina, United States of America
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Status: Zoned for Condo/Marina Development
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Owner Financing
Next to Historic Socastee Turnbridge
7 Miles to the Beach
5 Miles to the Airport
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Located on the east side of the Waterway at the foot of the historic Socastee Turnbridge, this tract boasts 22.98 acres of uplands and 11.69 acres of wetlands w/1298' fronting the Waterway. Strategically situated near the intersection of Highways 707 and 544, the park is approximately 5 miles to the airport, 7 miles to the beach with shopping and golf close by. Highway 31 is less than a mile away making the drive to the new Hard Rock Theme Park only minutes away.
The tract is zoned Resort Commercial which would allow any residential structure including but not limited to a high rise condominium, marina, hotel, shopping center and residential lots. Included in the sale are an 18'x200' pier and an 1800 square foot commercial building. Most recently this was a 108 lot mobile home park so infrastructure is already in place.
The sellers will finance the property as follows: 20% down, 5% interest rate amortized over 15 or 20 years, interest only payments for the first 3 years or until construction starts, whichever comes first. A balloon payment for the balance will then become due.
Enquire about this property
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