$260,000

307 Flagg St Unit s 103 104 105 10 Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated payment $2,145/month

Total Views 342
-- Bed
4 Baths
728 Sq Ft
$357 Price per Sq Ft

About This Home

Photos are of similar units. Attention investors. Your dream of having an affordable and profitable place by the beach just became a reality. This unit is waiting for your flip flops and beach investment portfolio. Each unit is generating approximately 14400 in annual rental income at 1200 per month. Four units are generating approximately 57600 annually, at 4800 monthly rental income. This is a block of four, 182 sq ft efficiencies, in the heart of Myrtle Beach. These all have been rented long term, for several years. The same tenants have been in place for several years. Some would like to stay if possible. Two are leaving at the end of September. Refrigerator and kitchenette with dual electric burners keep a simple yet functional kitchen. One block from the beach and a block from the Second Avenue Pier, Ocean Side Villas is a little bit of Myrtle Beach paradise. Enjoy the boardwalk and ocean, then relax out back by the private salt-water pool or just sit out front and enjoy the sites. The pool area has a BBQ grill area, patio furniture and an outdoor shower as well. Private off-street parking. HOA fees include unit electric, water/sewer, Spectrum cable and internet, common electric, outside maintenance and insurance. The owner has four efficiency units for sale at Ocean Side Villas. This listing is offering a package of four units. Any unit can be purchase individually or as part of a package group of 2 units, 3 units or 4 units. All are currently rented without leases. Two units will be vacant at the end of September. See other listings. All of the units are in good to decent condition. A rehab with LVP and paint would increase the overall value in addition to rental potential. Unit 108 (pictured but not for sale) is a great example of what can be accomplished. Buyer and buyer's agent are responsible for confirmation all listing information.

Listing Agent

Jeffrey Celentano

Realty ONE Group Dockside License #133465 Listed on: 09/04/2025

Realty ONE Group Dockside

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

HOA Fees

  • $479 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Siding

Interior Spaces

  • 728 Sq Ft Home
  • Ocean Views
  • Laundry on lower level

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Intermediate School
  • Myrtle Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Additional Features

  • Irregular Lot
  • East of US 17

Community Details

Overview

  • 4 Units
  • Ocean Side Villas Condos

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

HOA Fees

$479 per month

Listing Details

  • Lot Description: Irregular
  • Amenities Available: Homeowners Assoc. Fees, Pool, Restrictions, Lower Level, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1976
  • Class: Multi-Family
  • HOA Fee Frequency: Monthly
  • HOA Management Company: Integrity Managment (888) 810-9184
  • Lvt Date: 09/06/2025
  • Sold Total Heated Sq Ft: 728
  • Sold Total Sq Ft: 728
  • Total Heated Sq Ft: 728
  • Monthly HOA Calculated: 479
  • Complex Name: Ocean Side Villas
  • Misc Structural: Central Cable Tv, Indiv. Heat & Air
  • Numberefficiency: 4
  • Safety Features: Lead Based Paint Disc., Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Total Sq Ft: 728

Exterior Features

  • Exterior Finish: Brick Veneer, Siding
  • Foundation: Slab

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public
  • Heating Cooling: Window/Wall Unit

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Intermediate School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits, Oceanview, East Of Highway 17 Bypass
  • Zoning: MF

Multi Family

  • Number Of Units: 4
  • Efficiency Rent Range: 1200-1300

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Intermediate School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $260,000 -- $357 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2521772

Coastal Carolinas Association of REALTORS®