Garden City Beach and Surfside Beach Oceanfront Beach House | What can you expect to pay?

Like all coastal areas across the country oceanfront homes in Garden City and Surfside Beach, SC have seen a drastic reduction in prices over the last few years. This has created great opportunities for buyers that are interested in oceanfront property as a long term investment or family getaway. Many of these homes are at prices we have not seen in over 10 years.

Just a couple years ago many of these oceanfront homes were selling for more than $3,000,000. Now the same homes that were selling for over $3,000,000 are now selling for $1,500,000-$2,000,000. At Beach Realty we just sold one of the largest and most beautiful oceanfront homes on South Waccamaw Drive in Garden City Beach. This 8 bedroom 8 bathroom oceanfront home sold for $1,925,000. This home is only 2 years old, has a beautiful oceanfront pool, and over $150,000 booked in rental income through Beach Realty vacation rentals in 2010. 

So what are the prices for oceanfront beach homes in Garden City and Surfside Beach? Oceanfront homes in Garden City and Surfside Beach range from $600,000-$2,000,000. There is one oceanfront home listed for $2,500,000 in the Inlet Harbour community at the south end of the Garden City Beach. This home will probably eventually sell for close to $2,000,000. So far in 2010 there have been 5 oceanfront homes that have sold, 2 of these homes were listed by Beach Realty. There are 3 other oceanfront homes that have pending contracts in Garden City and Surfside Beach. 

Buying an oceanfront vacation rental home at today's prices create great opportunities as a long term investment. Oceanfront homes in Surfside Beach and Garden City Beach, SC will also create family vacation memories that will last a life time. If you are interested in buying an oceanfront vacation rental home, please contact us today. We will be happy to email you a custom investment analysis on any of the available oceanfront beach homes. Our investment analysis breaks down your investment over 10 years with all fees, taxes, insurance, management fees, appreciation forecast, etc...