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Sold for $393,000
  • $393,000

    5001 Watergate Dr., Myrtle Beach, SC 29588

    --beds
    --baths
    1,700sqft
    Duplex, Multi Family, Multi Family
    Built in 1974
    -- sqft lot
    $344,600 Zestimate®
    $231/sqft
    $1,574 Estimated rent

    Home value

    $344,600

    $314,000 - $379,000

    $1,574/mo

    Zestimate® history
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    $1,574/mo

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    $1,574/mo

    Rent Zestimate®

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    $2,203/mo

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    $2,203/mo

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    What's special

    Don't miss your opportunity to own this completely renovated, move in / rent ready duplex in Myrtle Beach- a 3 bedroom, 2 bathroom unit on both sides, both vacant and ready for you to move in or start renting! Live in one side while you rent out the other for extra income or rent out both for great rental numbers. Property was renovated in 2022 with all new stainless steel appliances, granite countertops, LVP flooring, new HVAC units, siding, interior paint, and more! Each unit includes a large backyard that is mostly fenced already and could easily be divided down the middle for added privacy between the two units. With no HOA, your options are endless without any additional fees! Each unit has its own washer/dryers, and its own water and electric meters for even more added convenience. Perfectly located close to schools, grocery stores, and just a short drive to Market Commons, and all of the Grand Strand's finest dining, shopping, golf, and entertainment attractions. You won't want to miss this!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Mills Group Team 843-252-0847,

    Century 21 Barefoot Realty

    Bought with:

    Grand Strand Seaside Partners

    NorthGroup Real Estate LLC

    Source: CCAR,MLS#: 2308828MLS Logo

    Facts & features

    Interior

    Heating
    • Central, Electric
    Cooling
    • Central Air
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,700
    • Total interior livable area: 1,700 sqft

    Property

    Parking
    • Parking features: Two Spaces
    Lot
    • Features: Outside City Limits
    Details
    • Additional parcels included: ,
    • Parcel number: 44106020022
    • Zoning: Res
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood Frame
    • Foundation: Crawlspace
    Condition
    • Resale
    • Year built: 1974

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Sewer Available, Water Available

    Community & neighborhood

    Security
    • Security features: Firewall(s)
    Community
    • Community features: Long Term Rental Allowed
    Location
    • Region: Myrtle Beach
    • Subdivision: Not within a Subdivision

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: Owner Allowed Motorcycle, Pet Restrictions, Tenant Allowed Motorcycle

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/14/2023Sold$393,000-1.7%$231/sqft
    Source: CCAR #2308828 Report a problem
    5/26/2023Contingent$399,900$235/sqft
    Source: CCAR #2308828 Report a problem
    5/26/2023Pending sale$399,900$235/sqft
    Source: CCAR #2308828 Report a problem
    5/5/2023Listed for sale$399,900+344.3%$235/sqft
    Source: CCAR #2308828 Report a problem
    6/8/2021Sold$90,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,429 $194,061
    2024$2,429 +5.9%$194,061 +14.1%
    2023$2,295 +1.6%$170,020
    2022$2,259 +42%$170,020
    2021$1,591 +22%--
    2020$1,304 --
    2019-- --
    2018$1,191 $5,340 +0.1%
    2017-- $5,337
    2016-- $5,337
    2015-- $5,337
    2014$1,175 $5,337
    2013-- --
    2012-- --
    2010-- $5,844 +19.1%
    2009-- $4,908
    2008-- $4,908
    2007-- $4,908 +50%
    2005-- $3,272
    2004$575 +12.7%$3,272 +12.7%
    2003$511 $2,904
    2002-- --
    2001-- --
    2000-- --

    Find assessor info on the county website

    Neighborhood: 29588

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Socastee Elementary School
    • Middle: Socastee Middle School
    • High: Socastee High School

    Source: CCAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $344,600
    2% more
    +$6,892
    With Zillow Showcase(estimated)
    $351,492