511 South Ocean Boulevard

511 South Ocean Boulevard

North Myrtle Beach, SC 29582

$3,899,999
Price
—
Beds
10,000 Sq. Ft.
$390 / Sq. Ft.
10,000
Sq. Ft.
$390
per Sq. Ft.

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...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 for 511 South Ocean Boulevard

Subdivision Name
Not within a Subdivision
Zoning
R4
Community Features
Beach, PrivateBeach, Pool, LongTermRentalAllowed, ShortTermRentalAllowed

Location

Listing Courtesy of Dargan Real Estate
Add your commute
LISTING UPDATED: 05/01/2024 09:25 AM

Property Details for 511 South Ocean Boulevard

StatusActive
MLS #2321947
Days on Market206
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi Family
Year Built1984
Lot Size-
CountyHorry County

Location

Listing Courtesy of Dargan Real Estate
Add your commute

Building Information for 511 South Ocean Boulevard

Stories-Residences6Year Built1984Building Size-Lot Size-

Payment Calculator

$24,169 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,284

Property Taxes

$2,885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 511 South Ocean Boulevard

Summary
Location and General Information
  • Building Area Total: 10000.0
  • City: North Myrtle Beach
  • County Or Parish: Horry
  • 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.
  • Latitude: 33.81612678
  • Longitude: -78.67842909
  • Location: Oceanfront
  • State Or Province: SC
School Information
  • Elementary School: Ocean Drive Elementary
  • High School: North Myrtle Beach High School
  • Middle Or Junior School: North Myrtle Beach Middle School
Parking
  • Parking Features: Other, TwoSpaces
Taxes and HOA Information
  • Association Amenities: BeachRights, PrivateMembership, Pool, PetRestrictions
  • Association Fee: $.00
  • Association Fee Frequency: Monthly
  • Association: No
  • Universal Property Id: US-45051-N-35609020285-R-N
Property
Lot Information
  • Additional Parcels Description: ,
  • Living Area Range Source: PublicRecords
  • Lot Features: Waterfront
  • Parcel Number: 35609020285
Property and Assessments
  • Complex Name: Seahouse Villas
  • Documents Count: 4
  • Owner Pays: Electricity, Sewer, TrashCollection, Water
  • Property Condition: Resale
  • Photos Count: 40
Utilities
  • Utilities: CableAvailable, ElectricityAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Pool Features: Association, Community
  • Waterfront: Yes
  • Construction Materials: WoodFrame
  • Foundation Details: Raised
  • Security Features: FireAlarm, HeatDetector, SmokeDetectors
Interior Features
  • Living Area: 9000.0
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Cooling: CentralAir
  • Living Area Source: PublicRecords
Room Information
Room 1
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Special Listing Conditions: None
Rental
Rent Information
  • Lease Considered: No
  • Pets Allowed: OwnerOnly, Yes

Property History for 511 South Ocean Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 South Ocean Boulevard

Taxable ValueLand$33,384Additions$38,047Total$71,431
Tax Record2023$34,615 ($2,885 / month)
Home Facts
Beds4Baths18Total Finished SqFt1,404 SqFtAbove Grade Finished SqFt1,404 SqFtStories1Lot Size14,810 SqFtStyleCondominiumYear Built1984ZoningCPOCountyHORRYAPN356-09-02-0285

Schools near 511 South Ocean Boulevard

This home is within Horry 01 School District.
Rating
School
Type
Grades
Distance
Ocean Drive Elementary
Public - PK to 5
North Myrtle Beach Middle School
Public - 6 to 8
North Myrtle Beach High School
Public - 9 to 12
Academy for Arts/Science/Technology
Public - 9 to 12
Rating
School
Distance
Ocean Drive Elementary
PublicPK to 5

North Myrtle Beach Middle School
Public6 to 8

North Myrtle Beach High School
Public9 to 12

Academy for Arts/Science/Technology
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 511 South Ocean Boulevard, North Myrtle Beach, SC 29582

511 South Ocean Boulevard is a multi-family home for sale in North Myrtle Beach, SC 29582. This property was listed for sale on October 28, 2023 by Dargan Real Estate, it's currently listed at $3,899,999. It has been on the market for a total of 206 days and was last sold on December 30, 2021. This listing's school district is Horry 01 School District. Nearby schools include Ocean Drive Elementary, North Myrtle Beach Middle School and North Myrtle Beach High School. 511 South Ocean Boulevard is a 0-bed, 0-bath, 10,000 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Dargan Real Estate

Provided courtesy of The Coastal Carolinas Association of REALTORS®. The real estate listing information and related content displayed on Compass is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Coastal Carolinas Association of Realtors MLS. Copyright 2024 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved.