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Located just a short walk from the beach, this fully renovated duplex at 508 33rd Ave S offers an exceptional opportunity for both short term and long term rental investors or those seeking a versatile coastal property in the heart of North Myrtle Beach. Each unit features 3 bedrooms and 2 full baths. Completely renovated in 2022, both units feature new LVP flooring throughout, custom tiled showers, updated kitchens with granite countertops, stainless steel appliances, and modern finishes. A new roof was installed (2022), along with a new in ground swimming pool and expansive deck (2022), creating a true backyard oasis. Enjoy relaxing time by the pool, fire pit and BBQ area. The oversized lot is fully fenced, offering privacy, and an ideal setting for entertaining or relxing. at the beach. Each unit includes three spacious bedrooms and two full bathrooms, private laundry facilities, and is sold fully furnished and equipped, making this a true turn key property. Two separate driveways provide parking for up to twelve vehicles, a rare and valuable feature for beachside properties. Each side of the duplex has its own a private access to the pool. NO HOA!! The location is highly desirable, offering convenient access to some of the area's most popular attractions. Just minutes away is Barefoot Landing, home to waterfront shopping, entertainment, and dining, as well as the iconic House of Blues. Sports enthusiasts will appreciate proximity to local sports complexes and recreation centers, while golfers have easy access to numerous championship courses nearby. The surrounding area offers a wide variety of restaurants, from fresh local seafood and waterfront dining to casual beach bars, family friendly eateries, and upscale cuisine, all within a short drive. Grocery stores, shopping centers, and daily conveniences are also close by, enhancing both guest appeal and long term livability. With strong rental flexibility, modern upgrades, ample parking, and a prime walk to the beach location, this property stands out as a rare opportunity in North Myrtle Beach for income generation, personal use, or both.
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Our Executive Mortgage Banker:
$795,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $636,000 | $636,000 | $636,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,916 | $4,016 | $5,281 |
| Total Monthly Payment | $4,008 | $4,108 | $5,373 |
* 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.