
509 Hillside Dr S North Myrtle Beach, SC 29582
Ocean Drive NeighborhoodEstimated payment $5,283/month
Highlights
- Ocean View
- Property is near a beach
- Rectangular Lot
- Ocean Drive Elementary School Rated A
- Central Heating and Cooling System
About This Home
Proven Income-Producing Triplex only Steps from the Beach! Beautifully remodeled and fully furnished, this established rental property is just a block from the ocean and a short walk to Main Street. Featuring two distinct structures, it offers multiple income streams, a turnkey setup for continued success as well as year over year growing income and highly positive guest experiences. The Hillside Drive home is a charming two-story cabin-style retreat with remodeled kitchen and baths, fresh flooring, a cozy reading room, and a private deck. Major updates include a new roof and HVAC. The Miller Lane duplex offers two updated dwellings with renovated kitchens and baths, new electrical and plumbing, updated HVAC, new roof, refinished hardwoods, reinforced subfloors, and encapsulated crawl spaces. A private, enclosed courtyard connects both structures, featuring a paved patio, outdoor bar, swing, fountain, and shower—an inviting oasis that keeps guests coming back. This is a rare opportunity to own a turnkey, high-performing investment in a prime beach location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,917
Year Built
- Built in 1956
Parking
- Assigned Parking
Home Design
- Triplex
- Slab Foundation
- Siding
- Stucco
Interior Spaces
- 2,877 Sq Ft Home
- Ocean Views
- Crawl Space
Schools
- Waterway Elementary School
- North Myrtle Beach Middle School
- North Myrtle Beach High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Phone Available
- Cable TV Available
Additional Features
- Property is near a beach
- Rectangular Lot
Community Details
Overview
- 3 Units
Pet Policy
- Only Owners Allowed Pets
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,917 | $20,052 | $9,756 | $10,296 |
2023 | $5,917 | $20,052 | $9,756 | $10,296 |
2021 | $5,386 | $20,052 | $9,756 | $10,296 |
2020 | $4,487 | $20,052 | $9,756 | $10,296 |
2019 | $4,329 | $20,052 | $9,756 | $10,296 |
2018 | $2,768 | $12,101 | $5,543 | $6,558 |
2017 | $2,744 | $12,101 | $5,543 | $6,558 |
2016 | $0 | $12,101 | $5,543 | $6,558 |
2015 | -- | $12,102 | $5,544 | $6,558 |
2014 | -- | $12,102 | $5,544 | $6,558 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | For Sale | $875,000 | +146.5% | $304 / Sq Ft |
04/06/2021 04/06/21 | Sold | $355,000 | -11.2% | $123 / Sq Ft |
11/04/2020 11/04/20 | For Sale | $399,900 | -- | $139 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | -- | |
Warranty Deed | $355,000 | -- | |
Warranty Deed | $330,000 | -- | |
Warranty Deed | $310,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $411,000 | New Conventional | |
Previous Owner | $350,000 | New Conventional | |
Previous Owner | $10,000 | New Conventional | |
Previous Owner | $280,500 | New Conventional | |
Previous Owner | $280,500 | New Conventional | |
Previous Owner | $10,000 | New Conventional |
Similar Homes in North Myrtle Beach, SC
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2519349

APN: 35608030500
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