506 Live Oak DrMount Pleasant, SC 29464

Property Details for 506 Live Oak Dr

Lot size

0.27 AC

Property type

Office properties

Description

Exceptional investment opportunity in Mount Pleasant, South Carolina, awaits. This $1,396,800 property, located at 506 Live Oak Drive, 29464, sits on a 0.27-acre lot. Currently configured as a charming, 1,788 square foot, single-family residence built in 1960, it offers significant redevelopment potential. The one-story brick veneer home features wood frame construction with a gable roof, central heating and cooling, and ample natural light from double-hung and fixed windows. Multiple entry and exit points enhance convenience. The property's history includes use as both a private residence and a three-unit short-term rental, demonstrating its versatility. Zoned AB (Area Wide Business District & Village Scale Pedestrian Overlay District), this location allows for mixed-use development, potentially combining ground-floor office or retail space with residential units above, or continuing its use as residential with short-term rental income. The property is well-maintained and in above-average condition, presenting a unique chance to capitalize on its flexible zoning and existing structure. This is an ideal opportunity for investors seeking a high-return property in a desirable South Carolina location. The property is situated in a convenient location within Mount Pleasant.

Location Insight

City

Mount Pleasant

County

45019

State

South Carolina

Latitude

32.7915

Longitude

-79.8771

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