Auction Information
Online Bidding SitePotential Development Land for Sale in Pawleys Island South Carolina!
Potential Development Land for Sale in Pawleys Island South Carolina!
You have the opportunity to purchase a great investment property for sale in Pawleys Island South Carolina! This property features 5.01 +/- acres of wooded land in Georgetown County SC on Petigru Drive. The land is located less than 2 miles from public beach access and public parking on Pawleys Island. The property has access to public water and sewer.
This property has great potential for development. It is located within a 2 minute drive to Pawleys Island Beach, 15 minutes to Murrells Inlet, 30 minutes to Surfside Beach, 4 minutes to Myrtle Beach, 1 hour to North Myrtle Beach and 1.5 hours to Charleston South Carolina. There are parks, restaurants, golf courses, entertainment and much more within a short drive from the property!
According to Georgetown County SC Tax Card, the land is zoned MR 10 which allows for b...
According to Georgetown County SC Tax Card, the land is zoned MR 10 which allows for building lots that are 10,000 square feet or more. Given the MR 10 zoning, there could be as many as 25 building lots on property. Zoning and Description are included in Bidder Pack which can be downloaded from this site. Bidders are expected to complete their own due diligence for intended use prior to bidding.
Petigru Drive, Pawleys Island, South Carolina 29585
Online Auction Ending Friday, April 29th at 3 PM
Online Bidding Online bidding is now active and runs through 3 PM on April 29th, 2022
Bidder Pack - Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, zoning information, sample contracts, tax cards, and deeds. Some of the plats in Bidder Pack have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are located in Bidder Pack as well.
Soft Close- If a bid is received within the last 3 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates "snipers" and encourages fair and impartial bidding from all participants.
Buyers Premium Ten Percent (10%): Buyers Premium shall be added to the final bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyers Premium shall be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyers premium = total purchase price of $110,000).
Pre-Auction Sales: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that an offer has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for sellers acceptance. A Buyers Broker Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.
TERMS AND CONDITIONS
10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 required on day of sale (April 29th, 2022). Close on or before June 15th. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 3 PM on April 29th 2022. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.