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Investor's Dream! Welcome to 304B South Hillside Drive, North Myrtle Beach, SC--a perfect investment property or second home just two blocks from the beach! This spacious 8-bedroom, 7-bathroom residence features an elevator and overlooks a private saltwater pool shared exclusively with Unit A. Each of the three floors boasts a balcony, enhancing the coastal living experience. Property Highlights: First and Second Floors: Each level offers a master suite with a full bath, three additional bedrooms, and two additional baths. The two rear bedrooms on both floors provide direct access to balconies overlooking the pool. Third Floor: Features a large living room that opens to the third-floor balcony, a spacious kitchen equipped with a huge island with bar stools, stainless steel appliances, white cabinets, and ample counter space. Adjacent to the dining area is a recreation room complete with a pool table, flat-screen TV, and a ping pong table conversion. This floor also includes a full bath and a separate laundry room with storage. Recent Upgrades: New vinyl plank flooring installed throughout and two brand-new water heaters added in 2025. Accommodations: Sleeping capacity for up to 20 guests. Outdoor Amenities: Private saltwater pool shared only with Unit A, featuring new lounge chairs. Situated a short walk from the famous Main Street entertainment district, including Fat Harold's (the shag capital), Main Street Carnival, shops, and restaurants. Direct public access to the beautiful Atlantic Ocean and beach is conveniently located right off 3rd Avenue. The property also offers ample on-site parking. This property has a proven track record as an income-producing asset. The Myrtle Beach area continues to thrive as a top tourist destination, with 17. 6 million visitors spending over 12 billion in 2023--a 4. 7% increase from the previous year. Additionally, Horry County's population has experienced significant growth, reaching an estimated 426, 140 in 2025, reflecting a 57. 66% increase since 2010. These trends indicate a robust market for both short-term vacation rentals and long-term property value appreciation. Don't miss this amazing property that combines luxury, convenience, and investment potential in the heart of North Myrtle Beach.
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Our Executive Mortgage Banker:
$844,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $675,920 | $675,920 | $675,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,052 | $4,107 | $5,704 |
| Total Monthly Payment | $4,144 | $4,199 | $5,796 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.