• 511 South Ocean Blvd. North Myrtle Beach, SC 29582

  • $3,899,999

  • Bed(s)
  • 0
    Baths
  • 9,000
    Sq Ft

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 Type :

Residential

Subdivision :

Not Within A Subdivision

County :

Horry

Style :

Residential

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Property Details

 

Heating & Cooling

Has Heating: Yes

Heating: Central,Electric

Has Cooling: Yes

Cooling: CentralAir

Water front: 1

Building Information

Year Built: 1984

Building Area Total: 10000

Construction Materials : WoodFrame

Pool Features : Association,Community

Private Pool : No

Association Fee Frequency : Monthly

Lot Information

Lot Description: Waterfront

Property Information

Subdivision: Not within a Subdivision

Source Property Type: Residential

Property SubType: MultiFamily

Property Age: 40

Listing Price Information

Original List Price: $3899999

Original List Price: $3999999

Cash,Conventional

Tax Information

Parcel Number: 35609020285

Parking Information

Other,TwoSpaces

Garage Information

Pets Allowed: OwnerOnly,Yes

Homeowners Association Information

Association Amenities : BeachRights,PrivateMembership,Pool,PetRestrictions

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

School Information

Elementary School: Ocean Drive Elementary

Junior High School: North Myrtle Beach Middle School

Senior High School: North Myrtle Beach High School

Utility Information

CableAvailable,ElectricityAvailable,SewerAvailable,UndergroundUtilities,WaterAvailable

Location Information

Direction: 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.

WaterSource: Public

Security Features: FireAlarm,HeatDetector,SmokeDetectors

The information being provided by CCAR is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the CCAR. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by CCAR.

ByOwner last updated this listing 05/13/2024 @ 09:11

MLS: 2321947
LISTED BY: Moshe Ben-Ezra, Dargan Real Estate
SOURCE: CCAR
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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