NOT LISTED FOR SALE

1802 S Ocean Blvd North Myrtle Beach, SC 29582

Crescent Beach Neighborhood

Estimated Value: $882,000 - $1,387,000

9 Beds
2 Baths
3,822 Sq Ft
$280/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $950,000 $249 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,725/month

7 Days on Market

Highlights

  • Property is near a beach
  • Central Heating and Cooling System
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A

About This Home

As of July 2022

WOW! Rare opportunity to own 5 units that sit directly on Ocean Blvd in the Heart of NMB! There is a total of 12 bedrooms and 6 baths! This oasis has a great courtyard for outdoor entertaining space for the units! This is an investor's dream, zoned for either short term rental or long term. Just a short walk to the beach, entertainment, dining, and several beach shops! With the amount of sqft. these units provide for the price in this market, the potential rental income is endless. This kind of property does not come available often and will sell quick! This can be an Airbnb Machine! Priced to sell quickly. Seller is selling AS IS.

Last Agent to Sell the Property

The Davis Team

EXP Realty LLC Listed on: 04/21/2022

EXP Realty LLC

Last Buyer's Agent

Moshe Ben-ezra

Dargan Real Estate License #100596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,669

Year Built

  • Built in 1957

Lot Details

  • 7,841

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,822 Sq Ft Home
  • Crawl Space

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Property is near a beach
  • Rectangular Lot
  • East of US 17

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,669

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1957
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 04/21/2022
  • Sold Total Heated Sq Ft: 3822
  • Sold Total Sq Ft: 3823
  • Total Heated Sq Ft: 3822
  • One Bedroom Rent Range: 1
  • Number2 Br Units: 2
  • Number3 Br Units: 1
  • Number4 Br Units: 1
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Total Sq Ft: 3823

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab, Crawl

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Underground Utilities, Water Public
  • Heating Cooling: Central Heat, Central Air, Window/Wall Unit, Electric

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17, Second Row Beach
  • Zoning: R4

Multi Family

  • Number Of Units: 5

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jul 11, 2022
Sold by
Gaskin James
Bought by
1802 S Ocean Blvd Llc
Seller's Agent
The Davis Team
EXP Realty LLC
Buyer's Agent
Moshe Ben-ezra
Dargan Real Estate
List Price
$1,025,000
Sold Price
$950,000
Premium/Discount to List
-$75,000
-7.32%
Current Estimated Value
$1,071,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,026
Avg. Annual Appreciation
4.04%
Original Mortgage
$660,000
Outstanding Balance
$318,374
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$756,566

Purchase Details

Closed on
Mar 14, 2013
Sold by
Gaskin Hazel T
Bought by
Gaskin Hazel T

Purchase Details

Closed on
Feb 27, 2013
Sold by
Jenkins Raymond B
Bought by
Gaskin Hazel T

Purchase Details

Closed on
Sep 15, 2000
Sold by
Little River Real Estate Llc
Bought by
Gaskin Hazel T and Jenkins Raymond B
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1802 S Ocean Blvd Llc $950,000 --
Gaskin Hazel T -- --
Gaskin Hazel T -- --
Gaskin Hazel T $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1802 S Ocean Blvd Llc $660,000
Previous Owner Little River Real Estate Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $950,000 -7.3% $249 / Sq Ft
04/21/2022 04/21/22 For Sale $1,025,000 -- $268 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,669 $29,704 $24,448 $5,256
2023 $10,669 $29,704 $24,448 $5,256
2021 $6,721 $29,704 $24,448 $5,256
2020 $6,647 $29,704 $24,448 $5,256
2019 $6,874 $31,840 $24,448 $7,392
2018 $11,781 $51,491 $36,149 $15,342
2017 $0 $47,951 $36,149 $11,802
2016 $0 $47,951 $36,149 $11,802
2015 -- $47,951 $36,149 $11,802
2014 $5,168 $47,951 $36,149 $11,802
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    The Davis Team

    EXP Realty LLC

    (843) 421-5483

    6 in this area

    286 Total Sales

    The Davis Team
    Section Image
  • Moshe Ben-ezra

    Buyer's Agent in 2022

    Moshe Ben-ezra

    Dargan Real Estate

    (843) 922-1818

    9 in this area

    78 Total Sales

    Moshe Ben-ezra
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2208518

Coastal Carolinas Association of REALTORS®

APN: 35715030093

South Carolina Horry County North Myrtle Beach 29582 Crescent Beach

1802 S Ocean Blvd, North Myrtle Beach, SC

This home is located at 1802 S Ocean Blvd, North Myrtle Beach, SC 29582 since 21 April 2022 and is currently estimated at $1,071,026, approximately $280 per square foot. This property was built in 1957. 1802 S Ocean Blvd is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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