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$1,999,900

Beds
10
Baths
6.0
sq ft
4,441

510 S Ocean Blvd, Surfside Beach, SC 29575

510 S Ocean Blvd

Surfside Beach, SC 29575

  • 21 days on market
Attention investors! Here's an incredible opportunity: a fully furnished 10-bedroom property spanning three levels, each complete with a full kitchen, living area, and washer/dryer. This property is a true rental machine! Each level has its own exterior access, allowing for flexible rental options by level if desired. Rent it as a triplex, a duplex, or all 3 units together! The first and second floor come with 4 bedrooms and 2 bathrooms, the third floor is a 2 bedroom and 2 bath unit! Situated on a double corner lot at Ocean Blvd and 5th Ave, this "2nd row" property offers both proximity to the ocean and a private pool tucked behind the house. Gorgeous Ocean views from most parts of the building! Covered parking adds convenience and protection from the elements. Don't miss out on this must-see property! Contact us today to schedule a viewing and explore the potential of this prime investment opportunity.

Details

Property type

Single Family Residence

Est. home value

$1,100,002

Lot size

8,712 sq ft

Price per sq ft

$451

Year built

1982

HOA

Yes

Price History

11/01/2024
MyrtleBeach

MyrtleBeach #2416709

Removed
$1,999,900
11/01/2024
MyrtleBeach

MyrtleBeach #2425146

Listed
$1,999,900
09/30/2024
MyrtleBeach

MyrtleBeach #2416709

Price change
$1,999,900
-9.1%

Schools & Community

Elementary school: 

Saint James Elementary School

Middle school: 

Saint James Middle School

High school: 

Saint James High School

Negotiation Insights

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

Seller could get up to

$1,215,430
Asking price
$1,999,900
Closing costs (~8% of asking)
-$159,992
Est. remaining loan balance
-$624,478
Cash to seller
$1,215,430

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage

Loan start date

May 2021

Original loan amount

$675,000

Est. remaining balance

$624,478

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Peter Kaldos and Alfred Saleh

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: 11/22/2024 at 6:00 PM

Listing updated: 11/13/2024 at 1:15 PM

Listed by: Jeff Forman, Keller Williams The Forturro G Phone #: (843) 612-1473

MLS: MyrtleBeach #2425146

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Recently listed in Surfside Beach