Bought with Own Myrtle Real Estate
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Knollwood Rd. Florence, SC 29501
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Within A Subdivision
MLS Listing ID 2303226
Sold Date 11/03/23
HOA Y/N No
Lot Size 6.430 Acres
Acres 6.43
Property Sub-Type Multi Family
Property Description
Great opportunity for townhouse community. The site is approved to build 75 units by the zoning board of Florence. This property is being offered with the approved plans No sitework has begun yet but the engineer has received all approvals to allow sitework to begin. The PD has city sewer and water. Storm water pipe is already laid across the northern border, and is piped to the ditch on the eastern border. Located within city limits allowing for city water, sewer, trash pickup and natural gas options. There is no need for a sediment pond. The PD is required to keep a 15 ftve getated border along any residential neighborhood. There already exists planted vegetation separating the Forest Lake neighborhood but will require an additional privacy fence. This project borders Forest Lake Shores, a beautiful residential neighborhood that boasts waterfront and other desirable homesite options. Many single family homes have been built there and the last few lots are currently under construction..Many "baby boomers" are currently looking to downsize in West Florence. Forest Lake has roughly 600 homes, so this is a very desirable location. There is also a great demand for rentals in the area, so a builder/investor can enjoy both worlds.
Location
State SC
County Florence
Community Not Within A Subdivision
Area 31A Other Counties In South Carolina
Zoning B-3
Interior
Fireplace No
Schools
Elementary Schools Outside Of Horry & Georgetown Counties
Middle Schools Outside Of Horry & Georgetown Counties
High Schools Outside Of Horry & Georgetown Counties
Others
Tax ID 00101-01-642
Financing Cash
Special Listing Condition None
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