Bought with Coastal Vision Properties LLC
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,670,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 9,610 sqft
Price per Sqft $173
Subdivision Cherry Grove Beach
MLS Listing ID 2322955
Sold Date 03/11/24
Construction Status Resale
HOA Y/N No
Year Built 2006
Property Description
Check out this MASSIVE income producing property in the beautiful Cherry Grove section of North Myrtle Beach. Steps away from the ocean, the Tropical Rays Oceanside Duplex is ready for rentals! This 12 Bedroom, 14 Bath multifamily has over 9600 sq. ft of space with equipped with oversized bedrooms, game rooms, balconies with ocean or channel views, large in-ground pool, kitchens with double ovens, double microwaves, double dishwashers equipped to seat over 24 guests as well as enough parking to support them all! Recently redone exterior including painting, new patios and railings, concrete surrounds for pools, exterior lighting and more, giving it excellent curb appeal! A unique feature of this property is the ability to access both units from an interior lockout door on the 1st and 3rd floors. This gives the ability for use as two separate 6 Bedroom 7 Bath units or as one home to serve twice as large of a group! Arcade games, TV's in each room, space for large families or groups, hundreds of restaurants and attractions close by, as well as Cherry Grove Park & boat launch right up the street make this a prime location for any investor looking for profits! Ask your agent for income numbers and potential! Come take a look at the potential in this property today!
Location
State SC
County Horry
Community Cherry Grove Beach
Area 11A North Myrtle Beach Area--Cherry Grove
Zoning MF
Interior
Heating Central, Electric
Cooling Central Air
Fireplace No
Exterior
Parking Features Other
Community Features Long Term Rental Allowed, Short Term Rental Allowed
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Amenities Available Owner Allowed Motorcycle, Pet Restrictions, Tenant Allowed Motorcycle
View Ocean
Building
Lot Description City Lot, Rectangular
Foundation Raised
Water Public
Construction Status Resale
Schools
Elementary Schools Ocean Drive Elementary
Middle Schools North Myrtle Beach Middle School
High Schools North Myrtle Beach High School
Others
Tax ID 35209040022
Security Features Heat Detector,Smoke Detector(s)
Acceptable Financing Cash, Conventional, Portfolio Loan
Listing Terms Cash, Conventional, Portfolio Loan
Financing Conventional
Special Listing Condition None
Pets Allowed Owner Only, Yes
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc. All rights reserved.