Address
511 South Ocean Blvd., North Myrtle Beach, SC
Price
$ 3,899,999
Property Attributes
  • MLS#2321947
  • TypeSingle Family
  • CountyHORRY
  • CityNorth Myrtle Beach
  • Area11B North Myrtle Beach Area--Ocean Drive
  • NeighborhoodNot within a Subdivision
  • Zip29582
  • Style
  • Price$ 3,899,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9000
Data Source:
Coastal Carolinas MLS (CCARMLS)
Property Description

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.

Elementary School Middle School High School
Ocean Drive Elementary North Myrtle Beach Middle School North Myrtle Beach High School
Price History
10/28/2023 Listed $3,999,999
1/8/2024 3% - $3,899,999

General Features

Heating Central,Electric
Cooling CentralAir
Utilities CableAvailable,ElectricityAvailable,SewerAvailable,UndergroundUtilities,WaterAvailable
Possession Closing
Zoning R4
HOA 0.0
Pool Features Association,Community
Security Features FireAlarm,HeatDetector,SmokeDetectors
Construction Materials WoodFrame
Pets Allowed OwnerOnly,Yes
Year Built 1984
Property SubType MultiFamily
OwnerPays Electricity,Sewer,TrashCollection,Water
Community Features Beach,PrivateBeach,Pool,LongTermRentalAllowed,ShortTermRentalAllowed
Assoc Fee Paid Per Monthly
County Horry
New Construction No
Property Type Residential
Association Amenities BeachRights,PrivateMembership,Pool,PetRestrictions
HOA / Comm Assn No
Attached Garage No
Subdivision Name Not within a Subdivision
Garage Y/N No
Status Active
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.
High School North Myrtle Beach High School
City North Myrtle Beach
Buyer Agent Compensation 2
View Y/N No
Senior Community Y/N No
Total Units 6
MLS Area 11B North Myrtle Beach Area--Ocean Drive
Waterfront Y/N Yes
Carport Y/N No
Street Name South Ocean Blvd.
Elementary School Ocean Drive Elementary
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School North Myrtle Beach Middle School
Property Condition Resale
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 151
Standard Status Active
Property Sub Type Additional MultiFamily,Other
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No
LivingAreaSource PublicRecords

Exterior Features

Parking Features Other,TwoSpaces
Lot Features Waterfront
Water Source Public
Foundation Details Raised
Spa No
Building Area Total 10000.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 29582

Price
AVG $940K
$3.9M
Visits
AVG 189
316
Data Provided by Inside Real Estate®
Year Built
AVG 1998
1984
Walkscore
AVG 40
42
Data Provided by Walkscore® not using MLS data

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