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$1,149,975

Beds
8
Baths
6.0
sq ft
2,720

4308 S Ocean Blvd, North Myrtle Beach, SC 29582

4308 S Ocean Blvd

North Myrtle Beach, SC 29582

  • 367 days on market
    • Price drop $49,600↓
**** INVESTOR SPECIAL: RENTAL MONSTER !! **** Take a look at this super cool OCEAN VIEW home in North Myrtle Beach, SC. 4308 S. Ocean Blvd is an up/down duplex with 4 BR / 3 BA on each level, for a total of 8 bedrooms and 6 full bathrooms. There is no interior staircase. This completely furnished and turn-key home has everything you need to either move right in, or to make this an exceptional vacation rental income producing property. The current owner has more than doubled the previous owner's rental income. Some recent upgrades to this home include: * NEW roof in Feb. 2017 * 2 NEW HVAC systems installed in April 2022 * New LVP flooring in many areas of the home installed in 2022 * Wallpaper removed and walls painted in the bathrooms * 2 NEW Programmable Alarm.com Thermostats (programmable from your phone or computer). The upstairs and downstairs have identical open floorplans, each floor with its own washer/dryer and its own kitchen. The kitchens feature all-white GE appliances including refrigerator, dishwasher, microwave, and stove/oven. There are plenty of raised-panel pine cabinets with brushed nickel knobs in each kitchen, as well as tiled countertops. Each bedroom in the home has a ceiling fan/light fixture, TV, night stands and lamps, crown molding in most BR's, and 1 BR on each floor is a primary BR with an en-suite bathroom. The 1st floor has mostly brick-pavered floors except for 3 of the BR's that have LVP flooring. The 2nd floor has 6" tile floors in the kitchen, dining area, and 1 BR, with LVP flooring everywhere else except for 2 bathrooms. There is a sleeper sofa in the living room on this floor. There is a front porch on the 1st floor and a 2nd floor front porch with a view of the ocean across the street. Outside in the fenced-in back yard, there is a HUGE INGROUND GAS HEATED pool with a spillover hot tub that is decorated with mosaic tiles on the outside. There is plenty of decking for everyone to lounge around the pool. There are also 2 grills, a table, and a picnic table outside by the pool. Whew....that was a mouthful !! 4308 S. Ocean Blvd is a beautiful home with an equally beautiful asking price. Properties like this don't come on the market that often, especially ones in solid condition with VERY HIGH rental income.

Details

Property type

Single Family Residence

Est. home value

$849,029

Lot size

7,841 sq ft

Price per sq ft

$423

Year built

1965

HOA

Yes

Price History

11/06/2024
MyrtleBeach

MyrtleBeach #2325724

Price change
$1,149,975
-4.13%
10/01/2024
MyrtleBeach

MyrtleBeach #2325724

Price change
$1,199,575
-1.59%
09/29/2024
MyrtleBeach

MyrtleBeach #2325724

Price change
$1,219,000
+204.75%

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Eastman Credit Union

Loan start date

December 2021

Original loan amount

$748,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial, 21 year

Seller

Sun Chase Rentals Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 3:35 PM

Listing updated: 12/18/2024 at 4:20 PM

Listed by: Mark Loomis, INNOVATE Real Estate Phone #: (843) 839-1649

MLS: MyrtleBeach #2325724

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