Investor Opportunity in Pawleys Island — 128 Salt Marsh Circle offers reliable rental income with a tenant already in place for the next year, making this a turnkey addition to your portfolio. Located in the peaceful community of Salt Marsh Cove, residents enjoy a community pool, clubhouse, picnic area, boat storage, and a dock on the creek. This first-floor condo features two bedrooms, including a primary suite with an ensuite bath. The second half bath connects to the shared shower, creating a convenient Jack-and-Jill setup for guests or tenants. Washer, Dryer and Hot Water Heater are new. Built-in shelving adds function and charm, while the open kitchen, dining, and living area makes the space feel bright and comfortable. Step outside to your private patio and enjoy views of the Lowcountry landscape. Salt Marsh Cove is minutes from restaurants, shopping, Brookgreen Gardens, and the beautiful Pawleys Island beaches. A strong location and an existing tenant equals a ready-made income property.
For sale
$145,150
128 Salt Marsh Circle #28-B, Pawleys Island, SC 29585
2beds
950sqft
Est.:
Condominium
Built in 1976
-- sqft lot
$174,900 Zestimate®
$153/sqft
$471/mo HOA
What's special
Private patioCommunity poolBoat storagePicnic areaDock on the creekTwo bedroomsConvenient jack-and-jill setup
- 5 days |
- 602 |
- 32 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 11:37am
Listed by:
Team Bergeron Cell:843-231-5608,
The Litchfield Company Real Estate,
Tia L Bergeron 843-231-5608,
The Litchfield Company Real Estate
Source: CCAR,MLS#: 2528863
Originating MLS: Coastal Carolinas Association of Realtors
Originating MLS: Coastal Carolinas Association of RealtorsTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Dryer, Washer
Features
- Window Treatments, Bedroom on Main Level, Solid Surface Counters
- Flooring: Carpet, Tile
Interior area
- Total structure area: 950
- Total interior livable area: 950 sqft
Property
Parking
- Parking features: Other
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
- Pool features: Community, Outdoor Pool
Lot
- Features: Outside City Limits
Details
- Additional parcels included: ,
- Parcel number: 0401431050000
- Zoning: PUD
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Materials
- Wood Frame
- Foundation: Slab
Condition
- Resale
- Year built: 1976
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities
Community & HOA
Community
- Features: Clubhouse, Recreation Area, Long Term Rental Allowed, Pool
- Subdivision: SALT MARSH COVE
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Pet Restrictions
- Services included: Association Management, Common Areas, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Trash, Water
- HOA fee: $471 monthly
Location
- Region: Pawleys Island
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $145,000
- Annual tax amount: $2,236
- Date on market: 12/3/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
$174,900
$159,000 - $191,000
$1,769/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $145,150-17.1%$153/sqft |
Source:  CCAR #2528863 Report a problem | ||
| 12/6/2024 | Listing removed | $175,000$184/sqft |
Source: CCAR #2427562 Report a problem | ||
| 12/5/2024 | Listed for sale | $175,000+6.1%$184/sqft |
Source: CCAR #2427562 Report a problem | ||
| 5/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Listed for rent | $1,746$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,236 +2.8% | $8,700 |
| 2023 | $2,174 +7% | $8,700 |
| 2022 | $2,031 +36.1% | $8,700 +31.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,130/mo
Principal & interest
$563
HOA Fees
$471
Other costs
$96
Climate risks
Neighborhood: Litchfield Beach
Nearby schools
GreatSchools rating
- 8/10Waccamaw Intermediate SchoolGrades: 4-6Distance: 1.5 mi
- 10/10Waccamaw Middle SchoolGrades: 7-8Distance: 1.9 mi
- 8/10Waccamaw High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Waccamaw Elementary School
- Middle: Waccamaw Middle School
- High: Waccamaw 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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