NOT LISTED FOR SALE
8 Beds
4 Baths
8,094 Sq Ft
1984 Built

Last Sold April 11, 2024

Last sale price $1,175,000 $145 Per Sq Ft

45 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ocean Drive Elementary School Rated A
  • Rectangular Lot

About This Home

As of April 2024

Welcome to this recently remodeled TEN UNIT multifamily property just a 5 minute walk to the ocean with Short Term Rentals Allowed!With a total of 20 bedrooms, Each of the 10 units is equipped with two bedrooms and 1 bath, fully equipped kitchens including granite countertops, plenty of parking for guests or tenants, as well as incredible income potential! Some key upgrades include brand new furnishings throughout all units, HVAC in each unit 2023, LVP flooring in each unit, brand new bathtub surrounds and toilets in each, all freshly painted units! This place is ready to fill calendars with bookings throughout the year! Ask your agent for the full list of upgrades that have been completed and stop by to take a look today!

Last Agent to Sell the Property

The Forturro Group

Keller Williams The Forturro G Listed on: 11/18/2023

Co-Listed By

Jeff Forman

Keller Williams The Forturro G License #111037

Last Buyer's Agent

The Forturro Group

Keller Williams The Forturro G Listed on: 11/18/2023

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1984

Home Design

  • 8,094 Sq Ft Home
  • Slab Foundation
  • Block Exterior
  • Steel Siding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 10 Units
  • The Black Pearl Condos

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Apartment

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1984
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 11/18/2023
  • Sold Total Heated Sq Ft: 8094
  • Sold Total Sq Ft: 8094
  • Total Heated Sq Ft: 8094
  • Complex Name: The Black Pearl
  • Estimated Gross Scheduled Rent: 203000
  • Misc Structural: Sep. Electric Meter, Indiv. Heat & Air
  • Number2 Br Units: 10
  • Safety Features: Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: ATLANTIC BEACH
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Total Sq Ft: 8094

Exterior Features

  • Exterior Finish: Block, Concrete & Steel
  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Heat, Central Air, Electric

Schools

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

Lot Info

  • Lot Location: East Of Bus. 17, East Of Highway 17 Bypass
  • Zoning: MF

Multi Family

  • Number Of Units: 10

MLS Schools

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

Range of Values:

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Sold Price
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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
04/11/2024 04/11/24 Sold $1,175,000 -2.1% $145 / Sq Ft
12/13/2023 12/13/23 Price Changed $1,199,999 -4.0% $148 / Sq Ft
11/18/2023 11/18/23 For Sale $1,250,000 +43.7% $154 / Sq Ft
08/25/2022 08/25/22 Sold $870,000 -8.4% $108 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $950,000 -- $117 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2323554

Coastal Carolinas Association of REALTORS®