Active

511 South Ocean Blvd.

North Myrtle Beach SC, 29582

$3,899,999


$433.33 per sqft

Active

9,000 sqft

Multi-family

Built in 1984

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.

2321947

MLS ID

October 28, 2023

Listed

May 9, 2024

Updated

Map

511 South Ocean Blvd.
North Myrtle Beach SC, 29582

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Features

Waterfront

School Information

High School

North Myrtle Beach High School


Elementary School

Ocean Drive Elementary

Other Property Details

Area Name

11B North Myrtle Beach Area--Ocean Drive


Days on Market

186


Association Fee Frequency

Monthly


Association Amenities

Beach Rights, Private Membership, Pool, Pet Restrictions


Garage

No


Parking

Other, Two Spaces


View

No


County

Horry


Water Source

Public


Pool

No


Pool Features

Association, Community


Waterfront

Yes


Zoning

R4


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

1/8/2024

Price Change

$3,899,999

-3%

Courtesy of Dargan Real Estate

Listing Contact: 843-922-1818 

Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. ©2024 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information 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. Neither listing broker(s) nor McNeely Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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