511 South Ocean Blvd., North Myrtle Beach | Not Within A Subdivision

Would you like to see this property? Call Traci at (843) 997-8891 for more information or to schedule a showing. I specialize in North Myrtle Beach, SC Real Estate.

$3,899,999 | N/A beds | N/A full baths | N/A half baths | 9,000 sqft

$3,899,999 Reduced -$100,000
511 South Ocean Blvd.
North Myrtle Beach, SC 29582
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 9,000SqFt
  • 1984Year Built
  • 0.00Acres
  • MLS# 2321947
  • Residential
  • MultiFamily
  • Active

  • Approx Time on Market3 months, 24 days
  • AreaNorth Myrtle Beach Area--Ocean Drive
  • CountyHorry
  • SubdivisionNot Within A Subdivision

Overview

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 Beachs 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.


Agriculture / Farm

Grazing Permits Blm:  ,No,

Horse:  No

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Irrigation Water Rights:  ,No,

Farm Credit Service Incl:  ,No,

Crops Included:  ,No,

Association Fees / Info

Hoa Frequency:  NotApplicable

Hoa:  No

Community Features:  Beach, PrivateBeach, Pool, LongTermRentalAllowed, ShortTermRentalAllowed

Assoc Amenities:  BeachRights, PrivateMembership, Pool, PetRestrictions

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

New Construction:  No

Year Built:  1984

Mobile Home Remains:  ,No,

Zoning:  R4

Construction Materials:  WoodFrame

Buyer Compensation

Exterior Features

Spa:  No

Pool Features:  Association, Community

Foundation:  Raised

Financial

Lease Renewal Option:  ,No,

Garage / Parking

Garage:  No

Carport:  No

Parking Type:  Other, TwoSpaces

Open Parking:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  0.00

Land Lease:  No

Lot Description:  Waterfront

Misc

Pool Private:  No

Pets Allowed:  OwnerOnly, Yes

Offer Compensation

Other School Info

Property Info

County:  Horry

View:  No

Number of Units Total:  6

Senior Community:  No

Stipulation of Sale:  None

Habitable Residence:  ,No,

Property Sub Type Additional:  MultiFamily,Other

Property Attached:  No

Security Features:  FireAlarm, HeatDetector, SmokeDetectors

Rent Control:  No

Construction:  Resale

Room Info

Basement:  ,No,

Sold Info

Sqft Info

Building Sqft:  10000

Living Area Source:  PublicRecords

Sqft:  9000

Tax Info

Unit Info

Utilities / Hvac

Heating:  Central, Electric

Cooling:  CentralAir

Electric On Property:  No

Cooling:  Yes

Utilities Available:  CableAvailable, ElectricityAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable

Heating:  Yes

Water Source:  Public

Waterfront / Water

Waterfront:  Yes

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.

Courtesy of Dargan Real Estate 

Featured Lender

image

Erica Davis

Guild Mortgage

843-839-9001
edavis@guildmortgage.net
https://www.tracimiles.com/guildmortgage-erica-davis

Whether you're looking to buy your second home at the beach, a vacation property, or finally get in on that first time buyer deal, I can help! Over the years I have helped hundreds to people achieve their dream of ownership - there are no limits when working with me! My team keeps you informed every step along this journey so don't hesitate to contact us today. We take motto to heart: Your Loan, On Time, EVERY Time!

I look forward to working with you!

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
Price & Status History (on tracimiles.com since Sat, Oct 28th 2023)
  • Original Price: $3,999,999
  • Current Price: $3,899,999
  • Price Reduced: $100,000
Date ChangedFromTo
01/08/2024$3,999,999 $3,899,999 Reduced by $100,000

Broker Reciprocity 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.


The offer of compensation is made only to the participants of the MLS where the listing is filed

MLS IDX data last updated on 02-21-2024 4:00 PM EST.

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.


This real estate website and IDX data is hosted by Dynamic IDX, LLC (843.637.2411)