An Investor's Dream! This extraordinary beachfront property boasts a 6-unit goldmine, offering private beach access and a refreshing pool situated on a .34 acre oceanfront lot. An opportunity truly unmatched in the market. Being sold fully furnished, each of the 6 corner units features 4 spacious bedrooms, 3 modern baths and are approximately 1500 sq. ft. with master bedroom and living/dining ocean views, a fully equipped kitchen, and convenient in-unit laundry facilities. What sets this property apart is the meticulous attention to detail invested in every unit. Step inside, and you'll discover a haven for renters. Every unit has undergone a recent renovation, showcasing brand-new stainless steel appliances, elegant tile tub surrounds and showers, fresh paint, updated ceilings, a new kitchen layout, luxurious granite countertops, stylish tile kitchen backsplashes, and upgraded plumbing and lighting fixtures throughout. One of the unique advantages of this property is that each unit is practically identical, with Unit A on one side mirroring Unit B on the other, creating an efficient and organized management system. This ensures an exceptional experience for both guests and investors, as renters know exactly what to expect, and you benefit from streamlined operations. Seize this golden opportunity to expand your rental property portfolio. With its prime location, stunning amenities, and meticulously updated, mirror-image units, this multifamily gem is poised for long-term success. Conveniently located right next to North Myrtle Beach’s famous Main St., offering easy access to awesome restaurants, beach bars, shopping, arcades, and a seasonal amusement park. Don't miss out on this unique chance to elevate your real estate investments.
Property Details
Property Features
Property Information:
Year Built: 1984
Living Area: 9,000 SqFt
Listing Office:
Office Name: Dargan Real Estate
Office Phone: (843) 712-2585
Exterior Features
Parking Information:
Parking: Other, Two Spaces
Lot Features
Lot Information:
Lot: Waterfront
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air
School Info
Assigned Schools Information:
North Myrtle Beach High School, Public District Grades 9-12
Other
Directions Information:
Directions: Exit off of HWY 17 N. onto 14th Ave South. Turn left onto South Ocean Blvd. Continue straight, property will be on your right between 6th and 5th Ave South.
Price Information
Listing Price Info
Price Summary:
List Price: $3,899,999
Price Per SqFt: $433/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
Tax Information:
Annual Amount: $15,986
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in North Myrtle Beach, SC.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
6
/10
North Myrtle Beach High School
3750 Sea Mountain Hwy
Distance between this listing and this school3.33 miles
Public District Grades 9-12
Nearby Schools
4
/10
Jessie Mae Monroe Elementary School
250 Pea Landing Rd NW
Distance between this listing and this school11.78 miles
Public District Grades KG-5
4
/10
Myrtle Beach Elementary School
620 29th Ave N
Distance between this listing and this school13.08 miles
Public District Grades 2-3
10
/10
Union Elementary School
180 Union School Rd NW
Distance between this listing and this school15.94 miles
Public District Grades KG-5
Nearby Schools
5
/10
Myrtle Beach Intermediate School
3301 N Oak St
Distance between this listing and this school12.69 miles
Public District Grades 4-5
6
/10
Waccamaw
5901 Waccamaw School Rd NW
Distance between this listing and this school19.47 miles
Public District Grades KG-8
4
/10
Shallotte Middle School
225 Village Rd SW
Distance between this listing and this school19.53 miles
Public District Grades 6-8
Assigned Schools
6
/10
North Myrtle Beach High School
3750 Sea Mountain Hwy
Distance between this listing and this school3.33 miles
Public District Grades 9-12
Nearby Schools
6
/10
Myrtle Beach High School
3302 Robert Grissom Parkway
Distance between this listing and this school12.79 miles
Public District Grades 9-12
3
/10
Palmetto Academy of Learning Motorsports (Palm)
136 Rodeo Dr
Distance between this listing and this school16.72 miles
The neighbors living near this home have an average income of $48,089. Residents of North Myrtle Beach, SC typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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This home is located at 511 S Ocean Blvd in North Myrtle Beach, SC and zip code 29582. This 9,000 square foot home was built in 1984. It has been listed on Rocket Homes since October 28, 2023 and is currently priced at $3,899,999.
North Myrtle Beach, SC housing market in April 2024 saw over 3 listings sold above listed price, more than 17 sold at listed price and over 128 sold below. The number of listings in North Myrtle Beach, SC increased by 8.3% between March 2024 and April 2024. Listings spent 104 days on the market in April 2024, and had a median list price of $383,056 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
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