Bill Sullivan
BH & G Elliott Coastal Living
(854) 854-5124
100 Total Sales
1 in Atlantic Beach
$85,000 Price
Estimated Value: $131,000 - $375,000
This is a unique opportunity to own a great rental investment property. It’s return on investment is in the double digits and positive cash flows. This multi-family property is only 3 blocks from the beach and 2 blocks away from Baywatch Resort. This property consists of 4 masonry block buildings and 3 of the building are 2 stories and the 3rd is 1 story. There is a total of 29 unit which comprise of 11 efficiencies, 15 1-bedroom, and 3 2 bedroom units. There is a central large courtyard for tenants to utilize. The roof was replaced in the beginning of 2017. There is an onsite landlord/maintenance person to collect rent and handle day to day operations. This is a very quiet complex and all units stay rented. Most are long term renters. Most rentals are from the local resorts and landscaping companies for their out of state employees. Owner will consider owner financing with sizable down payment. In the Master Plan Atlantic Beach has implemented to revitalize this area, this property would continue to be Mixed Use but reclassified as Mainstreet 1 (MS1). The intent of the MS1 District is to provide for pedestrian oriented low-density development. The setbacks are 10’, maximum height is 5 stories or 55’, whichever is less.
Last Agent to Sell the Property
CB Sea Coast Advantage CF License #58311 Listed on: 10/17/2017
Co-Listed By
Joseph E. Smith
Century 21 The Harrelson Group License #90656
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Bill Sullivan
BH & G Elliott Coastal Living
(854) 854-5124
100 Total Sales
1 in Atlantic Beach
$85,000 Price
MCMT Global Team
CB Sea Coast Advantage CF
(864) 766-7765
36 Total Sales
1 in Atlantic Beach
$280,000 Price
Brad Emond
Keller Williams Innovate South
(843) 994-3114
115 Total Sales
1 in Atlantic Beach
$115,000 Price
Xavier Sams
The Mclaurin Realty Group
(854) 204-4330
151 Total Sales
1 in Atlantic Beach
$325,000 Price
Denise Farley
RE/MAX Southern Shores
(843) 429-8297
89 Total Sales
1 in Atlantic Beach
$285,000 Price
Alissa Carpenter
Realty ONE Group DocksideNorth
(843) 994-2909
97 Total Sales
1 in Atlantic Beach
$300,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $116,000 | -- | ||
| Breunig Amy | $90,000 | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $10,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/25/2018 05/25/18 | Sold | $955,000 | -4.4% | $107 / Sq Ft | |
| 10/17/2017 10/17/17 | For Sale | $999,000 | +399.5% | $112 / Sq Ft | |
| 04/17/2014 04/17/14 | Sold | $200,000 | -33.3% | $50 / Sq Ft | View Prior Sale |
| 04/01/2014 04/01/14 | Pending | -- | -- | -- | |
| 02/01/2014 02/01/14 | For Sale | $299,900 | -- | $75 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,228 | $0 | $0 | $0 |
| 2024 | $2,228 | $15,129 | $11,583 | $3,546 |
| 2023 | $2,248 | $5,865 | $4,722 | $1,143 |
| 2021 | $2,043 | $6,768 | $4,722 | $2,046 |
| 2020 | $1,711 | $6,729 | $3,148 | $3,581 |
| 2019 | $1,711 | $6,729 | $3,148 | $3,581 |
| 2018 | $0 | $4,050 | $3,000 | $1,050 |
| 2017 | $1,515 | $4,050 | $3,000 | $1,050 |
| 2016 | -- | $4,050 | $3,000 | $1,050 |
| 2015 | $1,515 | $3,400 | $3,000 | $1,050 |
| 2014 | $1,478 | $3,400 | $3,000 | $1,050 |
Seller's Agent in 2018
John Lindstrand
CB Sea Coast Advantage CF
(843) 902-8980
46 Total Sales
JS
Seller Co-Listing Agent in 2018
Joseph E. Smith
Century 21 The Harrelson Group
Buyer's Agent in 2018
Jessica Bullard
EXP Realty LLC
(843) 516-1251
8 Total Sales
JC
Seller's Agent in 2014
James Cole
Gabriel Financial Real Estate
(843) 446-7881
25 Total Sales
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1722103
APN: 39201010078
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